Even if the lease contract itself doesn’t change, the lessee’s estimates to exercise renewal options, an early termination option or purchase option may change. And this has an impact on the lessee’s balance sheet. Soft4Lessee can detect changes to leases, calculate the impact to lease liability and right-of-use asset values and pass the re-assessment records in the general ledger. For example, the estimated lease term (which is not necessarily equal to a contractual lease term) may changes because under new circumstances the lessee is no longer certain to exercise the renewal option, which was certain before, and this is taken to the balance sheet with initial measurements. On this change, the system will recalculate the lease liability projection and carrying value in the general ledger.