The full lease lifecycle from initial recognition through modifications, foreign-currency retranslation, and termination. Multi-entity by design. Independently reviewed by an international audit firm; the full review report is shared during the product walkthrough.
Trusted by finance and treasury teams worldwide
Registration & schedules
Enter the contract terms once and ZenTreasury generates the right-of-use asset, the lease liability, and the period-by-period schedule automatically. Depreciation, interest, and balance carry-forward follow the standard from the moment the lease is saved. Your lease data stays structured and under your team’s control.
Modifications & remeasurements
Scope changes, term extensions, rate revisions, indexations, and partial terminations each recalculate the schedule with the right IFRS 16 treatment, and log the change with a timestamp and user. Auditors get the before-and-after picture without asking.
Multi-entity & multi-currency
Consolidate leases across subsidiaries, with leases in foreign currencies retranslated automatically at each reporting date. IAS 21 closing-rate translation, retranslation differences, and the resulting P&L impact are calculated and posted with paragraph references. Group-wide rollforward at the click of a period close.
Roles & segregation of duties
Role-based access with maker-checker workflow. Assign who can add a lease, who can approve a modification, and who can post the journals. Every action is attributed and timestamped so segregation-of-duties controls hold up under audit.
Disclosures & reporting
Standard disclosure reports for maturity analysis, lease expense breakdown, additions and modifications, and ROU asset rollforward. Save your common report configurations, schedule recurring exports, and feed your group reporting pack without rebuilding the same query every quarter.
An international audit firm reviewed our IFRS 16 calculations, covering initial recognition, modifications, terminations, foreign currency contracts, interest and depreciation. The full review report is shared during the product walkthrough.
A lease payment goes from €10,000 to €11,000. In your ERP, that is one event: the recurring payment changed. Under IFRS 16, it is three different events with three different accounting treatments, and your auditor will want evidence of which one occurred. The treatment depends on the contract behind the payment, not the payment itself.
The landlord exercised an annual indexation clause. Payment goes from €10,000 to €11,000.
Recurring payment amount changed.
| Period | Liability | Δ |
|---|---|---|
| Before | €248,500 | 0 |
| After | €256,400 | +€7,900 |
Additional floor space added to the lease. Payment goes from €10,000 to €11,000.
Recurring payment amount changed.
| Component | Amount | Δ |
|---|---|---|
| ROU asset | €2,400,000 | 0 |
| Addition | €240,000 | +€240,000 |
| New total | €2,640,000 | +10% |
Lease extended by two years with a renegotiated rate. Payment goes from €10,000 to €11,000.
Recurring payment amount changed.
| Component | Before | After |
|---|---|---|
| Term | 36 months | 60 months |
| Liability | €248,500 | €398,200 |
| Depreciation | Linear / 36 | Rebuilt / 60 |
Same payment in the ERP. Three different journal entries, three different schedules, three different accounting outcomes. Your auditor can verify each one independently against the underlying audit trail.
Customers
"Combining manual processes and multiple systems into one platform has significantly improved our efficiency and provided a single source of truth."
Ebrahim Mattar
Head of Corporate IT, Information Technology Department
Saleh Al Hamad Al Mana
Reported by Saleh Al Hamad Al Mana
Lease accounting exposes the same problem finance teams face across loans, FX positions and guarantees: contract terms sit outside the ERP, while accounting teams still need schedules, journals, disclosures and an audit trail. ZenTreasury extends the same governed model from IFRS 16 leases to treasury contracts.
Contract → schedule → journal → disclosure → audit trail
Talk to our team. We will scope your portfolio, walk through the independently reviewed calculations, and show you the audit trail your auditor would follow.
