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Home›Solutions›Lease Accounting

Lease Accounting

ASC 842 and IFRS 16 compliance with automated amortization journal entries and disclosures.

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Prophix One

Lease Accounting

ASC 842 and IFRS 16 compliance with automated amortization journal entries and disclosures.

  • ✓Automated ASC 842 and IFRS 16 classification
  • ✓Right-of-use asset and liability calculation
  • ✓Automated amortization and journal entries
  • ✓Disclosure note generation
  • ✓Lease modification and remeasurement
  • ✓ERP and property management integration
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Key Capabilities

Everything You Need to Succeed

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ASC 842 IFRS 16

Full compliance automation.

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ROU Calculation

Automated asset and liability calculation.

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Amortization Schedules

Automatic schedules with journal entries.

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Disclosure Notes

Auto-generated from lease data.

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Modifications

Modifications and renewals handled automatically.

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ERP Integration

SAP Oracle and Dynamics integration.

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