LeaseTracker is a cloud-based software solution that ensures you are able to meet all the requirements of the latest IFRS 16 lease accounting standard. In addition, the Solution is designed to help you effectively eliminate the uncertainty that comes with version control and isolated spreadsheets. All leases are managed in one central place, whilst built-in segregation of duties enables conformance to auditing standards.
The SolutionA Sage ISV Partner, LeaseTracker is a fully integrated software solution that ensures you are able to meet all of the requirements of the latest accounting standards. In addition, the LeaseTracker IFRS 16 Solution is designed to help you effectively eliminate the uncertainty that comes with version control and eliminate the use of isolated spreadsheets. All leases are managed in one central place. The segregation of duties is built into the system to conform to audit standards
Custom ReportingLeaseTracker’s IFRS 16 solution enables its clients to customise and export the financial reports needed in whichever format is required!
● Immediate calculation of all IFRS 16 schedules and journals.
● Reports for monthly journals, YTD figures, remeasurements, additions and terminations are all available at multiple group and reporting levels.
● All impairments and remeasurement calculations are built into the system to comply with the latest IFRS 16 requirements.
● Use the system for IFRS 16 actuals, forecast and budgets; including actual future cashflows.
ComplianceGetting financial reports correct without tying up important resources is important for any and all businesses. With LeaseTracker’s IFRS 16 solution you can not only be assured that your compliance is taken care of but you can also rest easy knowing that all your lease contracts are securely stored in one central place with notifications and reminders available to remind you of when your lease contracts are up for renewal or any other important operational tasks.
User SegregationEach user on the platforms is given certain permissions and visibility (based on their assigned role) within the platform and a full audit trail of all changes are stored. Unlimited users can be added to the software at no additional price! LeaseTracker is an operational tool as much as it is a financial tool.
Onboarding Let our team of accounting professionals assist you in transitioning to our IFRS 16 Lease Accounting System whilst providing you with best-practice advice.
Phone: +27(0) 10 506 0599
Email: enquiries@leasetracker.co.za
Address: 7 Corobrik Road,
Meadowdale, Johannesburg, Gauteng.
