Unit4 FP&A software
for IFRS 16
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.
"Product Focus: Unit4 FP&A – Integrated Financial Planning"
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With the help of our IFRS 16 app, 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:
Create a better way to work
Automate the import of leasing contracts and database-driven recording.
Identify the effects on your balance sheet, P&L and KPIs with a single click.
Secure data storage.
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 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.
Management Accountant, East of England Ambulance Service NHS Trust
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Customer Story: East of England Ambulance Service NHS Trust
Delivering a single, unified and timely view of finance, procurement and planning data for fast, informed decision-making.