Routine lease contract management tasks such as registration, lease status tracking, modifications, settlement and termination.
IFRS 16 Calculation Engine
For each lease contract, the IFRS 16 calculation engine automatically calculates information related to right-of-use assets and lease liabilities.
Right-of-use Assets Management
Registration, modification and disposal of right-of-use assets, and the handling of assets in depreciation periods.
Lease Liability Management
IRR calculation, discounting and recognition of lease liabilities, interest accrual, lease payment handling, lease modifications and liabilities amortization.
Provides pre-set reports such as lease contract list, right-of-use assets depreciation schedule, lease liabilities schedule, and lease payment schedule; for special-purpose analysis, the system also provides a BI reporting tool for user-defined reports and dashboards.
Seamless ERP Integration
Works seamlessly with Kingdee ERP and supports integration with third parties' financial management systems.