IFRS 16 Compliant Lease
Management System

Transform your lease accounting with automated compliance and real-time financial reporting. From initial recognition to termination, ensure complete IFRS 16 adherence.

100%
IFRS 16 Compliant
24/7
Automated Processing
100%
Accuracy

Comprehensive Lease Features

Everything you need for complete IFRS 16 lease accounting

IFRS 16 Recognition

Automated initial recognition with present value calculations and ROU asset creation

  • Present value calculations
  • ROU asset creation
  • Lease liability setup

ROU Asset Management

Complete right-of-use asset lifecycle from creation to depreciation tracking

  • Automated asset creation
  • Straight-line depreciation
  • Book value tracking

Lease Liability

Effective interest method calculations with current/non-current classification

  • Effective interest method
  • Amortization schedules
  • Current/non-current split

Payment Processing

Sequential payment validation with tax withholding and automated accounting

  • Sequential validation
  • TDS/VDS withholding
  • Automated journals

Modifications

IFRS 16 compliant lease modifications, reassessments, and terminations

  • Reassessment handling
  • Term modifications
  • Early terminations

Automated Reporting

Comprehensive financial reporting with maturity analysis and compliance reports

  • Financial statements
  • Maturity analysis
  • Compliance reports

Tax Management

Complete tax withholding support with TDS/VDS calculations and government payments

  • TDS withholding
  • VDS calculations
  • Government payments

Escalation Handling

Complex rent escalation calculations with compound and simple interest support

  • Escalation schedules
  • Compound calculations
  • Present value impact

Advance Payments

IFRS 16 compliant advance payment treatment with automatic spreading and adjustments

  • Advance adjustments
  • Automatic spreading
  • IFRS 16 treatment

Complete IFRS 16 Compliance

Ensuring adherence to international lease accounting standards

Initial Recognition

ROU asset and lease liability recognized at present value of lease payments

  • Present value calculations with discount rates
  • Inclusion of advance payments and escalations
  • Automated journal entry generation

Subsequent Measurement

Effective interest method for liability and straight-line depreciation for ROU assets

  • Monthly interest accrual calculations
  • Systematic depreciation over lease term
  • Current/non-current liability classification

Modifications

Compliant handling of lease modifications and reassessments

  • Reassessment vs modification treatment
  • ROU asset and liability adjustments
  • Gain/loss recognition for terminations

Comprehensive Modules

Deep dive into our powerful lease management capabilities

Complete Lease Lifecycle Management

Manage every aspect of your leases from initial recognition to termination with complete IFRS 16 compliance.

Initial Recognition

Automated IFRS 16 lease recognition with present value calculations

Payment Schedules

Generate complete payment schedules with escalations and tax calculations

Liability Tracking

Monitor lease liability balances with amortization schedules

Termination Processing

Handle lease terminations with proper gain/loss recognition

Lease Status Overview
Active Leases 45
Total ROU Assets $12.5M
Current Liability $2.8M
Non-Current $8.2M

Advanced Payment Processing

Sophisticated payment processing with sequential validation, tax withholding, and automated accounting.

Sequential Validation

Ensures payments are processed in chronological order for compliance

Tax Withholding

Automated TDS/VDS calculations with government payment tracking

Two-Journal System

Separate interest accrual and payment journals for accurate accounting

Advance Adjustments

Automatic adjustment of advance payments over specified periods

Payment Schedule
Jan 2025 Paid
Feb 2025 Due
Mar 2025 Scheduled
Apr 2025 Scheduled

Right-of-Use Asset Management

Complete ROU asset lifecycle management with automated creation, depreciation, and book value tracking.

Automated Creation

ROU assets automatically created at lease commencement with proper valuation

Depreciation Management

Straight-line depreciation over lease term with catch-up calculations

Book Value Tracking

Real-time book value calculations with accumulated depreciation

Modification Adjustments

Automatic ROU asset adjustments for lease modifications

ROU Asset Summary
Initial Value $15.5M
Accumulated Depreciation -$3.2M
Book Value $12.3M

Lease Liability Management

Comprehensive lease liability tracking with effective interest calculations and proper classification.

Effective Interest Method

IFRS 16 compliant interest calculations using effective interest method

Amortization Schedules

Detailed amortization schedules with period-by-period breakdowns

Current/Non-Current Split

Automatic classification of current and non-current portions

Balance Tracking

Real-time liability balance monitoring with payment impact

Liability Breakdown
Current (≤12 months) $2.8M
Non-Current (>12 months) $8.2M

Lease Modifications & Reassessments

IFRS 16 compliant handling of lease modifications, reassessments, and terminations with proper accounting treatment.

Reassessment Logic

Proper treatment of lease modifications vs reassessments per IFRS 16

Term Modifications

Handle changes in lease terms with automatic schedule regeneration

Payment Changes

Process rental amount changes with proper IFRS 16 treatment

Early Terminations

Complete termination processing with gain/loss recognition

Modification Types
Term Extension
Payment Change
Early Termination
Scope Change

Comprehensive Reporting Suite

Generate detailed IFRS 16 compliant reports for financial statements, compliance, and management analysis.

Financial Statements

Automated integration with balance sheet and income statement

Maturity Analysis

Payment obligations breakdown by year for disclosure requirements

Compliance Reports

IFRS 16 compliance reports with detailed calculations

Management Analytics

Lease portfolio analysis with key performance indicators

Report Categories
Financial Statements
Maturity Analysis
Compliance Reports
Analytics Dashboard

Why Choose Our IFRS 16 Solution?

Transform your lease accounting with proven benefits

100% IFRS 16 Compliance

Complete adherence to international lease accounting standards

Automated Calculations

Eliminate manual errors with automated present value and interest calculations

Audit Trail Maintenance

Complete audit trails for all lease transactions and modifications

Real-time Reporting

Instant access to lease liability balances and ROU asset values

Tax Compliance

Automated tax withholding and government payment processing

Scalability

Handle unlimited leases from simple to complex arrangements

Ready to Transform Your Lease Accounting?

Join organizations already benefiting from automated IFRS 16 compliance

Let's Discuss Your Lease Management Requirements

Our team is ready to help you implement the perfect IFRS 16 compliant lease management solution for your organization.

Free IFRS 16 consultation
Personalized demo
Implementation support
Training included
info@lixitweb.tech
+880 1851-323700