Get IFRS 16 compliant
Streamline, simplify and automate your lease operations. ZenTreasury Lease Accounting Software gives you an all-in one accounting and portfolio solution to help you achieve IFRS 16 compliance
ZenTreasury IFRS 16 calculations have been validated by an international audit firm.
The following items where confirmed to be in accordance with IFRS 16:
- valuation of the asset and liability at initial recognition and the yearly bookings are calculated correctly
- different size additional payments at the beginning and the end of the leasing period
- different payment intervals (monthly and quarterly payments
- prolonging of the original term
- increase or decrease in scope
- shortening of the term
- termination of the lease before the original termination date
- presentation of short-term and long-term liability at the end of the period
- contracts in other currency (change in exchange rate)
- interest calculation when payments are paid quarterly
- depreciations
Accurate, real-time compliance
Lease liabilities and right-of-use assets are calculated automatically based on IFRS 16 rules — including variable terms, interest, and indexation.
Changes during lease term
The system can handle any changes during your lease term. So, price, term and scope adjustments are easily managed in the same view. The amended lease flow will be immediately available, in the same window, as soon as the lease changes are confirmed.
Segregation of duties
Segregation of duties is one of the most important treasury controls. This is an essential tool in mitigating the risk of error or fraud. In ZenTreasury you can assign duties to fully meet your company’s requirements.
30+ Standard Prebuilt Reports Used by IFRS-Reporting Companies
ZenTreasury offers 30+ standard prebuilt reports used by IFRS-reporting companies. Automate disclosures with report scheduling and simplify recurring tasks with reusable report setups.
Built for international teams
Inbuilt multi-currency support. You can easily manage transactions in other currencies.
Feature | ZenTreasury | Other Vendors | Spreadsheets |
---|---|---|---|
Audit-reviewed compliance | ✔ | ✔ | Not validated |
Change management (e.g. early terminations, CPI, remeasurements) | ✔ | ✔ | Manual rework |
Audit Trail | ✔ | Partial | No audit log |
Multi-entity & multi-currency support | ✔ | Partial | Error-prone |
Integration Support | ✔ | ✔ | None |
Deployment Model | ✔ | ✔ | Local files only |