The new Spring 2020 release has arrived! SOFT4Lessee core functionality has not changed; it has been proven in 60+ projects implemented worldwide and has been assessed by auditors from all the BIG 4 (PricewaterhouseCoopers, Deloitte, Ernst & Young, and KPMG) audit companies. In this release we have included improvements (payment schedules and sub-lease accounting) related to user experience – so you could get your needed data faster and easier; those are not mandatory for IFRS 16 disclosures, but are highly valuable internally in your unified lease accounting process management.
Roadmap
Accomplish more with new SOFT4Lessee features
What’s new?
Take a look at the key highlights of the SOFT4Lessee Spring 2020 release
Prorated Payment Schedule
SOFT4Lessee now allows the user to choose a prorated payment schedule calculation method (based on the option selected in Lease Setup). The prorated payment schedule calculates the first and last payment based on the number of days in the period.
IAS17 Expense Projection
SOFT4Lessee now has a separate IAS17 expense projection for when you apply IFRS 16 at group reporting level and need parallel accounting under the old IAS17 standard.
Operating Sub-Lease Revenue Projection
SOFT4Lessee can be used for operating sub-lease accounting. Operating a sub-lease revenue projection will now help you to recognize your revenue in a straight-line method.
Sub-Leases in Foreign Currency
SOFT4Lessee can now account for sub-leases in a foreign currency. Gain/Loss on receivable revaluation will be calculated automatically.
Microsoft Dynamics 365 Business Central Roadmap
SOFT4Lessee is already upgraded to Microsoft Dynamics 365 Business Central
Discover new SOFT4Lessee features
