IFRS 16
Lease Accounting Software
Proven Compliance
LeaseQuery is the leader in lease accounting software. Trusted by 8000+ organizations worldwide, LeaseQuery is proven to simplify lease accounting for long-term compliance.
Automated Reporting
Journal entries, amortization schedules, reports, and disclosures required for IFRS 16 compliance available out of the box. Or create custom reports based on any allocation, for any time period you choose.
Streamlined Audit
A central lease repository and a single subledger with an audit trail gives management and auditors access to necessary information making the audit process and other collaboration more efficient.
“Based on the number of leases and current level of disaggregation, combined with the level of understanding of IFRS 16 required to properly account for leases, we determined that it would be completely impractical to track the ROU and Lease Liability without a lease specific software.”
Weston Curtis
Sr. Corporate Accountant, Boart Longyear
We ensure you fully comply with IFRS 16
FAQs
Why should I choose LeaseQuery software?
Is LeaseQuery compliant with my local GAAP?
Most local GAAP broadly mirrors IFRS 16, with which we comply. The minor country-specific ways in which it differs may need to be accounted for outside of the software, as we may not support the nuances of all local GAAP. Sign up for a demo to learn more.
Can LeaseQuery integrate with my existing technology?
Accounting Intelligence
- Multi-currency functionality, including translation and remeasurement.
- Dual-standard reporting.
- Accurate calculations for lease changes.
- Variable payments.
Ease of Use
- AI-assisted lease data entry.
- Automated critical date reminders.
- Central document repository for easy document retrieval
- Read-only auditor access
Always Available Resources
- 24/7 access to a frequently updated help center, customer community, and on-line product training.
- Customer center providing one-stop access to all resources.
- On-demand training webinars.
