🏢 Entity & Reporting Period
Lease Parameters
📋 Core Lease Terms & Timing
Amount lessee guarantees to lessor at end of lease term
Only include if reasonably certain to exercise
Incremental costs to obtain the lease e.g. legal fees, commissions
Cash received from lessor — reduces ROU Asset cost
PV of restoration/decommissioning obligation under IAS 37
Required if Purchase Option exists. Overrides lease term for ROU depreciation per IFRS 16.
If checked, ROU Asset is depreciated over Useful Life (not lease term) per IFRS 16.
🏷️ Lessor Accounting Classification
📑 Core Lessor Terms & Timing
📈 Finance Lease Parameters
🏭 Manufacturer / Dealer Specifics
📦 Operating Lease Asset Parameters
Execute Financial Calculation
Generates full audit-ready amortization schedules and accounting ledger entries
🔄 Modifications & Reassessments (IFRS 16 Phase 2)
🏷️ Asset & Sale Details
Used to determine if lease terms are fair, above, or below market rate
📑 Leaseback Terms
Execute Sale & Leaseback Assessment
Calculates gain/loss on disposal, rights retained, and Day 1 ledger entries
Day 1 Journal Entries
| Date | Account | Debit | Credit |
|---|
| Date | Period | Opening Balance | Interest Expense | Lease Payment | Closing Balance |
|---|
Generate IFRS 16 / ASC 842 Note Extracts
Automatically formats quantitative disclosures, ROU asset reconciliations, maturity analyses, and P&L impacts based on current active schedule.
Financial Statement Extracts
Audit-ready disclosures prepared per IFRS 16 paragraph 53–58 requirements
| Date | Period | Opening Balance | Interest Expense | Lease Payment | Closing Balance |
|---|
| Date | Period | Opening Balance | Interest Income | Lease Payment | Principal Recovery | Closing Balance |
|---|
Export Audit Workpaper
Download full multi-tab Excel schedule with formulas and accounting ledgers