New!
Key Features
- Flexible Accounting Configuration: Set up specific journals and accounts for all lease-related transactions.
- Advanced Lease Migration: Use the "Accounting Start Date" to easily migrate existing leases, skipping initial entries.
- Automated Journal Entries: Automatically generate entries for rent, reversals, depreciation, and tax.
- IFRS 16 Compliance
- Automated ROU Asset & Lease Liability Calculation
- Flexible Rent & Adjustment Schedules
- Dynamic Interest Rate Application
- Full Amortization & Depreciation Schedules
- Handles Initial Prepayments & Periodic Adjustments
- Detailed XLSX Exporting
- User-friendly Interface
- Multi-Company Support
Description
This module provides a robust framework for managing lease agreements, compliant with IFRS 16 standards. It automates the calculation of Right-of-Use (ROU) assets, lease liabilities, interest, and depreciation, simplifying complex accounting requirements. This module integrates IFRS 16 compliance directly into Odoo's accounting system, extending the Lease Schedule Management module. It automates the creation of all necessary journal entries for Right-of-Use (ROU) assets, lease liabilities, interest expenses, and depreciation.
Lease Accounting Screenshots
01 Lease Accounting Setup
02 Journal Entries
03 Traceability from Journal Entry
Lease Scheduling Screenshots
01 Lease Agreement Form View
02 Lease Monthly Adjustment
03 Generated Lease Schedule
04 Lease Summary View
05 XLSX Report Output
Key Features
Flexible Accounting Configuration: Set up specific journals and accounts for all lease-related transactions.
Advanced Lease Migration: Use the "Accounting Start Date" to easily migrate existing leases, skipping initial entries.
Automated Journal Entries: Automatically generate entries for rent, reversals, depreciation, and tax.
IFRS 16 Compliance
Automated ROU Asset & Lease Liability Calculation
Flexible Rent & Adjustment Schedules
| Versions | 17.0, 18.0, 19.0, 20.0 |