Stay confident with
parallel accounting
SOFT4Lessee supports dual reporting under previous and current lease accounting standards for comparison and transition analysis, as well as to accommodate complex organizational structures.
Comparing old vs new
For purposes of comparison and impact analysis, SOFT4Lessee can calculate and post to the General Ledger expenses as per previous lease accounting standards (IAS 17, ASC 840, AASB 117). This parallel accounting capability enables you to maintain dual reporting during transition periods, allowing finance teams to compare the financial impact of old versus new lease accounting treatments.
Group consolidation scenarios
Group consolidation scenarios
SOFT4Lessee accommodates multi-level reporting needs by allowing different accounting treatments at subsidiary and consolidated levels. It helps to ensure compliance with both local (GAAP) regulations and international consolidation requirements while maintaining data consistency across the organization.
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
Stay confident with
parallel accounting
SOFT4Lessee supports dual reporting under previous and current lease accounting standards for comparison and transition analysis, as well as to accommodate complex organizational structures.
Comparing old vs new
For purposes of comparison and impact analysis, SOFT4Lessee can calculate and post to the General Ledger expenses as per previous lease accounting standards (IAS 17, ASC 840, AASB 117). This parallel accounting capability enables you to maintain dual reporting during transition periods, allowing finance teams to compare the financial impact of old versus new lease accounting treatments.
Group consolidation scenarios
SOFT4Lessee accommodates multi-level reporting needs by allowing different accounting treatments at subsidiary and consolidated levels. It helps to ensure compliance with both local (GAAP) regulations and international consolidation requirements while maintaining data consistency across the organization.
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