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Leasing Software: FAS LeaseBOX

Besides technical support for the implementation of IFRS 16, with the FAS LeaseBOX we also offer standard software for the fully automatic classification, posting, and accounting of lease agreements. We would be glad to give you a more detailed introduction with a live demonstration in our free webinar.

Services

  • Standard software for classification, posting, and accounting of lease agreements
  • Easy integration into company-internal IT infrastructure (e.g. SAP standard interface), realization of individual interfaces, ongoing updates
  • Service and maintenance work (e.g. first/second/third level support, remote maintenance, on-site support for the launch of the software)
  • Development and support of individual client leasing solutions 

Advantages

  • Soft transition to the new lease accounting in accordance with the standard IFRS 16 thanks to quality assurance and parallel operation
  • Fully IFRS-compliant accounting, includes automatic conversion from German Commercial Code (HGB)
  • Already tested in bulk business practice
  • Low investment expense
  • Extensive management reporting on contract portfolio (e.g. planning)

Core Software Functions for Lease Accounting

  • Processing of one-step and multi-step lease agreements for lessee and lessor (also e.g. sale lease-back, sub-lease, lease-in/lease-out)
  • Comfortable import and easy management of lease agreements (e.g. individual payment plans, partial additions and partial disposals)
  • Prepopulation with MS-Excel, TM-based bulk data entry tool
  • Rule-based plausibility check of contractual data with error log and reporting
  • Parallel automatic accounting and classification of lease agreements in accordance with both IFRS/US GAAP (operating lease / finance lease / capital lease) and the German Commercial Code [Handelsgesetzbuch, HGB]
  • Complete reporting on individual property level (accounting and reconciliation bookings, balance sheet, income statement, cash flows, & Notes to the financial statements)

Free Webinar for FAS LeaseBOX

In our webinar on FAS LeaseBOX, we present to you our software for the classification, posting, and accounting of lease agreements in accordance with IFRS/US GAAP. We will address both the new leasing standard IFRS 16 and your questions related to the requirements for the system-side representation of your lease agreements.

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Do you have any questions about the FAS LeaseBOX? Then write us!

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 Dr. Peter Adolph Member of the board