FP&A lease accounting software for IFRS 16 | Unit4
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Unit4 FP&A
lease accounting software
for IFRS 16

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Implement your lease accounting faster

The new reporting standard IFRS 16 for lease accounting is designed to improve reporting accuracy and transparency, replacing IAS 17 and creating a requirement for lessees to recognize all leases in their balance sheet.

Unit4 FP&A includes a dedicated application for lease contract handling, which enables a quick and easy introduction of IFRS 16 that your organization can implement without investing large amounts of time and resources.

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Key capabilities

With the help of our IFRS 16 software application, you can identify the effects for each leasing contract on your balance sheet, P&L and KPIs with a single click and use intuitive simulation and analysis options to see the full picture.

Your organization can adapt to IFRS 16 regulations with just a few simple steps:

    Step 1

    Import or use database-driven recording of your company or group’s leasing contracts.

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    Screenshot showing the IFRS 16 capabilities of Unit4 FP&A
    Step 2

    Identify the effects on accounting for each contract and aggregate the effects for each selected dimension (such as contract group, company, cost center, group, etc.).

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    Screenshot showing the IFRS 16 capabilities of Unit4 FP&A
    Step 3

    Create a posting template to transfer data to the ERP or consolidation system to adjust the (consolidated) financial statements according to IFRS 16.

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    Screenshot showing the IFRS 16 capabilities of Unit4 FP&A

    Create a better way to work

    • Automate the import of leasing contracts and database-driven recording.

    • Multi-user capabilities.

    • Identify the effects on your balance sheet, P&L and KPIs with a single click.

    • Secure data storage.

    • Transparent calculations.

    • Simulation and analysis options (including visualizations).

    • Compatibility with all ERP or consolidation systems.

    • A cost-effective and easy to implement (5-10 days) cloud-based solution.

    Using the Unit4 IFRS 16 software solution, we can import all of the lease contracts quickly and easily. We can then identify the effects of accounting for each contract, and aggregate those to different cost centers.

    Robert Abery

    Management Accountant, East of England Ambulance Service NHS Trust

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    Customer Story: East of England Ambulance Service NHS Trust

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