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PartnerPlace Solution

Lease Accounting

AMCO
PartnerPlace Solution

Solution Details

The new IFRS and ASC lease accounting standards add a new layer of complexity to your financial data and reporting requirements. The process can be cumbersome and requires valuable time of your finance professionals. Free up this time by implementing a solution that automates the whole process, resulting in timely and efficient reporting processes enabling finance to spend more time on analysis to be the true business partner of your organization. AMCO Solutions has a track record of supporting the Office of Finance worldwide with our unique Lease Accounting Solution.

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Key Features

  • One central register for all lease contracts 
  • Automated journal generation supporting both IFRS 16 and ASC 842 calculations 
  • Easily calculate the lease liability and related impacts of your lease portfolio 
  • Instant overview of all leases 
  • Out of the box reports and disclosures to report under the new standards 

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