Handle non-lease components with precision
Lease contracts often include non-lease components. SOFT4Lessee automatically separates these components, posting non-lease expenses to operating accounts and ensuring proper cash flow presentation.
Accounting for non-lease components
A lease contract can consist of both lease and non-lease components. The non-lease component is a part of a contract that does not contain a lease (example: CAM, security, property management services). The accounting rules for non-lease components are substantially similar under major lease accounting standards (IFRS 16, ASC 842, AASB 16), though some specifics may vary.
Managing non-lease components
If handling a composite contract that includes leases and services, SOFT4Lessee separates the non-lease component and posts it to the operating expense account, distinct from interest expense and asset depreciation expense, as required by lease accounting standards. The cash payment portion of the non-lease component is presented separately in the statement of cash flows (included in operating cash flows).
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 another ERP (accounting) software?
Does SOFT4Lessee handle both lessee and lessor aspects of the lease accounting standards?
How long does it take to start using SOFT4Lessee?
Will I be able to upload lease information from Excel for the initial transition?
Does SOFT4Lessee handle multi-currency functionality?
Still have questions? Just ask our team
Frequently asked questions
Can you integrate SOFT4Lessee with another ERP (accounting) software?
Does SOFT4Lessee handle both lessee and lessor aspects of the lease accounting standards?
How long does it take to start using SOFT4Lessee?
Will I be able to upload lease information from Excel for the initial transition?
Does SOFT4Lessee handle multi-currency functionality?
Still have questions? Just ask our team
Handle non-lease components with precision
Lease contracts often include non-lease components. SOFT4Lessee automatically separates these components, posting non-lease expenses to operating accounts and ensuring proper cash flow presentation.
Accounting for non-lease components
A lease contract can consist of both lease and non-lease components. The non-lease component is a part of a contract that does not contain a lease (example: CAM, security, property management services). The accounting rules for non-lease components are substantially similar under major lease accounting standards (IFRS 16, ASC 842, AASB 16), though some specifics may vary.
Managing non-lease components
If handling a composite contract that includes leases and services, SOFT4Lessee separates the non-lease component and posts it to the operating expense account, distinct from interest expense and asset depreciation expense, as required by lease accounting standards. The cash payment portion of the non-lease component is presented separately in the statement of cash flows (included in operating cash flows).
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 another ERP (accounting) software?
Does SOFT4Lessee handle both lessee and lessor aspects of the lease accounting standards?
How long does it take to start using SOFT4Lessee?
Will I be able to upload lease information from Excel for the initial transition?
Does SOFT4Lessee handle multi-currency functionality?
Still have questions? Just ask our team
Simplify your lease compliance
Simplify your lease compliance
Simplify your lease compliance