Soft4LesseeSoft4LesseeSoft4LesseeSoft4Lessee
  • Product Tour
    • First Column
      • Data Import / Export
      • Lease Agreement Data Management
      • Reports for IFRS 16 Presentation and Disclosures
      • Accounting for Lease Liability
      • Accounting for right of use asset
    • Second Column
      • Handling of Non-lease component
      • Managing Lease Modifications
      • Lease status management
      • Assessment of the Lease Term
      • Re-measurement
    • Third Column
      • Variable Leases
      • General Ledger integration
      • Sub-leases and Lease-in lease-out scenario
      • Parallel accounting under IAS 17 standard
      • Managing the multi-company businesses
  • Standards
    • IFRS 16 lease accounting software
    • ASC 842 lease accounting software
    • AASB 16 lease accounting software
  • Why choose us?
    • About us
    • Our team
    • Working with us
    • Meet our customers
    • References
  • Pricing
  • Resources
    • Blog
    • Events
    • Downloads
    • Roadmap
    • FAQ
  • Become partner
  • Contact Us
  • Try Free
    • Get free trial
    • Watch guided demo
    • Watch how to videos
    • Request a live demo
  • Applications | Soft4Lessee
    Manage your
    with a large volume of data efficiently and easily
    multiple lease agreements

Accounting Standards

Select the lease accounting standard:

IFRS 16 software

IFRS16 | Logo | Soft4Lessee

Under IFRS 16 businesses with large portfolios of operating leases will be impacted by the change in IFRS 16 lease accounting standards, as the new standard require lessees to recognize assets and liabilities arising from operating leases on the balance sheet. Get ready to meet the requirements and stay compliant with the standard with Soft4Lessee.

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ASC 842 software

ASC842 | Logo | Soft4Lessee

US GAAP standard ASC 842 will comes into effect on 1 January 2019. Companies, having large portfolios of operating leases will be influenced by this change as the standard requires all assets and liabilities regarding operating leases be presented on the balance sheet. Get ready to meet the requirements and stay compliant with the standard with Soft4Lessee.

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AASB 16 software

AASB 16 software | Soft4Lessee

AASB 16 introduces a single lessee accounting model requiring lessees to recognize all leases on the balance sheet, except for short-term leases and leases of low-value assets. This Standard applies to annual reporting periods beginning on or after 1 January 2019. AASB 16 is equivalent to IFRS 16 with extra paragraphs on Leasing Treatment for Non-Profit Entities. Stay compliant with the new standard with Soft4Lessee.

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Talk to our expert about choosing IFRS 16/ ASC 842/ AASB 16 transition options

LET’S CHAT

Winning Customers' Trust Across the Globe

Cavotec | Logo | Soft4Lessee
dcg
UES | Logo | Soft4Lessee
EUnetworks | Logo | Soft4Lessee
B2HOLDING | Logo | Soft4Lessee
Rentokil Initial | Logo | Soft4Lessee
Nikon | Logo | Soft4Lessee
XING | Logo | Soft4Lessee
Quenos | Logo | Soft4Lessee
Basefitch Wir sind Fitness | Logo | Soft4Lessee
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Milestone | Logo | Soft4Lessee
Monadelphous | Soft4Lessee
Vietnamobile | Logo | Soft4Lessee
Yusen Logistics | Logo | Soft4Lessee
OASIS investments | Logo | Soft4Lessee
CK HUTCHISON | Logo | Soft4Lessee

Talk to our expert about choosing ASC 842 transition options

LET’S CHAT
“By comparing several providers we decided to choose SOFT4Lessee. SOFT4 offered customized solutions while the team was always responsive and dedicated to meet our requirements from the start. The system itself we find quite intuitive and the features cover all our needs.”
Christian Räbiger
Group Controller, SR Technics Switzerland
SR Technics | Logo | Soft4Lessee
“It was a pleasure to work with Soft4 team. The project went very smoothly and the time schedule was perfectly met. All Soft4 contact persons were very friendly, helpful and had a good expertise regarding IFRS 16 accounting rules. Furthermore, we like to highlight the short response time, which is very helpful during the implementation period.”
Berit Schütte
Manager Accounting at XING SE, Germany.
Berit Schutte | Manager Accounting at XING SE | Soft4Lessee
“It has been so nice working with the Soft4 team on the Vietnamobile project, from the contract negotiation to the Soft4Lessee system implementation so far. Our Vietnam team finds Soft4Lessee is very helpful and efficient in executing the implementation, particularly Linas who has been helping us solving many practical issues throughout the implementation. As to the product, the Soft4Lessee solution plus some additional features added to the system for local requirements, satisfies our needs for this new accounting and reporting compliance.”
Paul Lok
Regional Senior Manager – Telecommunications Management Reporting, Systems and Compliance CK Hutchison Holdings Limited
CK HUTCHISON | Logo | Soft4Lessee
“We chose Soft4 and Soft4Lessee because, currently, we are using Microsoft Dynamics 365 as our financial tool for reporting and Soft4Lessee is set up on the same Microsoft Dynamics platform, so we thought it was going to be easy for any future interface/integration. Soft4Lessee is great, user-friendly and very cost-effective which can fulfill our requirements. We are very happy with the Soft4 team, they are very polite, friendly, cooperative and they helped us through the data setup process without any trouble.”
Mittal Amin
Business & Financial Analyst, Yusen Logistics Australia Pty Ltd.
Yusen Logistics | Logo | Soft4Lessee
“During our evaluation process, we found SOFT4Lessee as the most matured product in comparison to others. It was suitable for us to start our journey into IFRS 16 compliance. The user friendliness, easy navigation, compatibility with Excel – all add to the nice end-user experience. The SOFT4 team is very knowledgeable, not only on the product but on the IFRS16 standard as well. They have been very professional in all their deliverables. We would like to acknowledge Linas for his contribution and support whenever we needed.”
MN Chaturvedi
Director IT, Oasis Investment Co. L.L.C.
Oasis | Logo | Soft4Lessee
Microsoft Partner | Soft4Lessee
Partner of the year | Logo | Soft4Lessee
Microsoft Dynamics 365 | Logo | Soft4Lessee
Microsoft Dynamics Certified | Logo | Soft4Lessee
Capterra | Logo | Soft4Lessee
ACCA | Logo | Soft4Lessee
img-Logo-ISO-27001-800x450 (1)

  • Product Tour
  • Accounting Standards
  • About Us
  • Pricing
  • Contact Us
  • Become partner
© 2019 Soft4Lessee
  • Product Tour
    • Data Import / Export
    • Sub-leases and Lease-in lease-out scenario
    • Handling of Non-lease component
    • Assessment of the Lease Term
    • Reports for IFRS 16 Presentation and Disclosures
    • Lease Agreement Data Management
    • Accounting for Lease Liability
    • Managing Lease Modifications
    • Lessor management
    • Variable Leases
    • Accounting for right of use asset
    • Lease status management
    • Re-measurement
  • Accounting Standards
    • ASC 842 lease accounting software
    • IFRS 16 lease accounting software
    • AASB 16 lease accounting software
  • Pricing
  • Why choose us?
    • About Us
    • Our Team
    • Working with us
    • Meet Our Customers
    • Become a partner
    • References
  • Resources
    • Blog
    • Downloads
    • Roadmap
    • Events
    • FAQ
  • Contact Us
  • Try Free
    • Get free trial
    • Watch guided demo
    • Request a live demo
Soft4Lessee
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