The IFRS 16 accounting standard represents a paradigm shift for companies for the recognition of leasing contracts on the balance sheet. Going forward, most leases are to become an integral part of a company’s balance sheet. The LucaNet app Accounting for Leases helps you to tackle these changes head-on.
The LucaNet solution offers:
- Easy transfers of operative leasing postings to IFRS 16
- Use of a standardized system, no add-on solutions required
- Correct disclosure of leasing contracts for the preparing of consolidated financial statements
- Easy-to-use and intuitive user guidance
- Direct connection to your contract database (on request); direct posting in LucaNet contracts