IFRS 16

Fast and simple implementation of lease accounting

Enable a quick and easy introduction of IFRS 16 with a solution that can be implemented without having to invest a large amount of time and money and that works seamlessly with your ERP or consolidation systems.

As a result of the new lease accounting standard IFRS 16, virtually all leases will be recognized in the lessee‘s balance sheet. This involves major changes, as the new standard eliminates off-balance-sheet accounting for leases and has additional effects on many important figures.

With the help of the Unit4 IFRS 16 solution, you can adapt your company to the new regulations with just a few steps.

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 the cloud-based solution in 5-10 days.

Full solution overview