Additional information for Soft4Lessee
Key features of Soft4Lessee
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- Amortization Schedule
- Budgeting & Forecasting
- Commercial Leases
- Commercial Properties
- Expense Management
- Lease Classification
- Lease Origination
- Maintenance Management
- Property Management
- Sublease Management
• Staying compliant: comply with lease accounting standards so you can manage your lease accounting effectively.
• Save hours on lease data import and safely transit from old software/spreadsheets.
• Manage accounting for lease liability.
• Calculate lease liability and present lease liabilities on the balance sheet.
• Perform various ASC 842/ IFRS 16/ AASB 16 related calculations.
• Manage variable leases as per IFRS16 requirements.
• Prepare reports for ASC 842/ IFRS 16/ AASB 16 presentation and disclosures in just a few clicks.
• Seamlessly integrate with other systems for lease data input and G/L output, such as SAP, Oracle, Sage, Xero, F&O and others.
• Multi-company and multi-currencies functions.
• Manage the challenges of dual reporting: calculate and post to General Ledger expenses as per previous IAS 17 standard.