Calculate lease liabilities with precision
SOFT4Lessee automates the accounting for lease liabilities, ensuring accurate present value calculations of future lease payments. The system handles initial recognition, interest accruals, remeasurements, and modifications throughout the lease term.
Calculate lease liability
Based on the given parameters, SOFT4Lessee calculates lease liability as the present value of lease payments and the present value of amounts due at the end of the lease term, considering purchase or termination options. The system automatically adjusts the lease liability as circumstances change. It calculates the initial measurement of lease liability at the commencement date and subsequent measurements at the end of each reporting period.
Prepare the lease liability report
Lease liability reporting is a key requirement under lease accounting standards. SOFT4Lessee reports are developed based on the recommendations of the Big 4 and they provide detailed lease liability analysis, including trend analysis showing new liabilities added during the period, interest accrual, lease payments made, and the impact of lease modifications.
We support your chosen
lease accounting standard
Focus on financial planning instead of compliance complexities - we're here for that.
Have questions?
We support your chosen
lease accounting standard
Focus on financial planning instead of compliance complexities - we're here for that.
Have questions?
I would recommend SOFT4Lessee. It is very robust software regardless of how simple or complicated your leases are. The customer service team, support, and implementation teams are fantastic.
Craig Gallacher, Head of transactional finance and systems for ENVA
I would recommend SOFT4Lessee. It is a very robust piece of software regardless of how simple or complicated your leases are. The customer service team, support, and implementation teams are fantastic.
Adria Wright, Staff Accountant, d&b audiotechnik
I would recommend SOFT4Lessee. It is very robust software regardless of how simple or complicated your leases are. The customer service team, support, and implementation teams are fantastic.
Craig Gallacher, Head of transactional finance and systems for ENVA
I would recommend SOFT4Lessee. It is a very robust piece of software regardless of how simple or complicated your leases are. The customer service team, support, and implementation teams are fantastic.
Adria Wright, Staff Accountant, d&b audiotechnik
I would recommend SOFT4Lessee. It is very robust software regardless of how simple or complicated your leases are. The customer service team, support, and implementation teams are fantastic.
Craig Gallacher, Head of transactional finance and systems for ENVA
I would recommend SOFT4Lessee. It is a very robust piece of software regardless of how simple or complicated your leases are. The customer service team, support, and implementation teams are fantastic.
Adria Wright, Staff Accountant, d&b audiotechnik
I would recommend SOFT4Lessee. It is very robust software regardless of how simple or complicated your leases are. The customer service team, support, and implementation teams are fantastic.
Craig Gallacher, Head of transactional finance and systems for ENVA
I would recommend SOFT4Lessee. It is a very robust piece of software regardless of how simple or complicated your leases are. The customer service team, support, and implementation teams are fantastic.
Adria Wright, Staff Accountant, d&b audiotechnik
I would recommend SOFT4Lessee. It is very robust software regardless of how simple or complicated your leases are. The customer service team, support, and implementation teams are fantastic.
Craig Gallacher, Head of transactional finance and systems for ENVA
I would recommend SOFT4Lessee. It is a very robust piece of software regardless of how simple or complicated your leases are. The customer service team, support, and implementation teams are fantastic.
Adria Wright, Staff Accountant, d&b audiotechnik
I would recommend SOFT4Lessee. It is very robust software regardless of how simple or complicated your leases are. The customer service team, support, and implementation teams are fantastic.
Craig Gallacher, Head of transactional finance and systems for ENVA
I would recommend SOFT4Lessee. It is a very robust piece of software regardless of how simple or complicated your leases are. The customer service team, support, and implementation teams are fantastic.
Adria Wright, Staff Accountant, d&b audiotechnik
I would recommend SOFT4Lessee. It is very robust software regardless of how simple or complicated your leases are. The customer service team, support, and implementation teams are fantastic.
Craig Gallacher, Head of transactional finance and systems for ENVA
I would recommend SOFT4Lessee. It is a very robust piece of software regardless of how simple or complicated your leases are. The customer service team, support, and implementation teams are fantastic.
Adria Wright, Staff Accountant, d&b audiotechnik
I would recommend SOFT4Lessee. It is very robust software regardless of how simple or complicated your leases are. The customer service team, support, and implementation teams are fantastic.
Craig Gallacher, Head of transactional finance and systems for ENVA
I would recommend SOFT4Lessee. It is a very robust piece of software regardless of how simple or complicated your leases are. The customer service team, support, and implementation teams are fantastic.
Adria Wright, Staff Accountant, d&b audiotechnik
Frequently asked questions
Can you integrate SOFT4Lessee with any ERP system?
Does SOFT4Lessee handle both lessee and lessor aspects of the lease accounting standard?
How long does it take to get started with SOFT4Lessee?
Will I be able to upload lease information from Excel for the initial transition?
Does the solution handle multi-currencies?
Still have questions? Just ask our team
Frequently asked questions
Can you integrate SOFT4Lessee with any ERP system?
Does SOFT4Lessee handle both lessee and lessor aspects of the lease accounting standard?
How long does it take to get started with SOFT4Lessee?
Will I be able to upload lease information from Excel for the initial transition?
Does the solution handle multi-currencies?
Still have questions? Just ask our team
Calculate lease liabilities with precision
SOFT4Lessee automates the accounting for lease liabilities, ensuring accurate present value calculations of future lease payments. The system handles initial recognition, interest accruals, remeasurements, and modifications throughout the lease term.
Calculate lease liability
Based on the given parameters, SOFT4Lessee calculates lease liability as the present value of lease payments and the present value of amounts due at the end of the lease term, considering purchase or termination options. The system automatically adjusts the lease liability as circumstances change. It calculates the initial measurement of lease liability at the commencement date and subsequent measurements at the end of each reporting period.
Prepare the lease liability report
Lease liability reporting is a key requirement under lease accounting standards. SOFT4Lessee reports are developed based on the recommendations of the Big 4 and they provide detailed lease liability analysis, including trend analysis showing new liabilities added during the period, interest accrual, lease payments made, and the impact of lease modifications.
We support your chosen lease accounting standard
Focus on financial planning instead of compliance complexities - we're here for that.
Have questions?
I would recommend SOFT4Lessee. It is a very robust piece of software regardless of how simple or complicated your leases are. The customer service team, support, and implementation teams are fantastic.
Adria Wright, Staff Accountant, d&b audiotechnik
I definitely would recommend SOFT4Lessee, as it’s a bug-free solution that addresses the accounting regulations and implementation team members are not just techy but understand what’s required from a regulation point of view within the disclosures and accounting entries.
Craig Gallacher, Head of transactional finance and systems for ENVA
I would recommend SOFT4Lessee. It is a very robust piece of software regardless of how simple or complicated your leases are. The customer service team, support, and implementation teams are fantastic.
Adria Wright, Staff Accountant, d&b audiotechnik
I definitely would recommend SOFT4Lessee, as it’s a bug-free solution that addresses the accounting regulations and implementation team members are not just techy but understand what’s required from a regulation point of view within the disclosures and accounting entries.
Craig Gallacher, Head of transactional finance and systems for ENVA
I would recommend SOFT4Lessee. It is a very robust piece of software regardless of how simple or complicated your leases are. The customer service team, support, and implementation teams are fantastic.
Adria Wright, Staff Accountant, d&b audiotechnik
I definitely would recommend SOFT4Lessee, as it’s a bug-free solution that addresses the accounting regulations and implementation team members are not just techy but understand what’s required from a regulation point of view within the disclosures and accounting entries.
Craig Gallacher, Head of transactional finance and systems for ENVA
I would recommend SOFT4Lessee. It is a very robust piece of software regardless of how simple or complicated your leases are. The customer service team, support, and implementation teams are fantastic.
Adria Wright, Staff Accountant, d&b audiotechnik
I definitely would recommend SOFT4Lessee, as it’s a bug-free solution that addresses the accounting regulations and implementation team members are not just techy but understand what’s required from a regulation point of view within the disclosures and accounting entries.
Craig Gallacher, Head of transactional finance and systems for ENVA
Frequently asked questions
Can you integrate SOFT4Lessee with any ERP system?
Does SOFT4Lessee handle both lessee and lessor aspects of the lease accounting standard?
How long does it take to get started with SOFT4Lessee?
Will I be able to upload lease information from Excel for the initial transition?
Does the solution handle multi-currencies?
Still have questions? Just ask our team
Simplify your lease compliance
Simplify your lease compliance
Simplify your lease compliance