Super Contributor
From 2019 onwards, the new IFRS 16 accounting standard must be applied. The valuation of lease constructions on the balance sheet can have a lot of impact on the figures of your organization. This application allows users to easily manage their lease contracts while complying with IFRS. New contracts and contract modifications are automatically loaded and financial consequences are immediately visible througout various reports. Additionally, journal exports can be customized to your organization's needs and drastically cut time, as compared to manually creating monthly journal entries. All needed IFRS 16 calculation options are available in the app and the app will be fully customizable for your needs.
Leaseplan approved & recommendedLeasePlan.png
The IFRS16 application is out-of-the-box suitable for processing data from Leaseplan. If your organization has lease assets from Leaseplan, you can import the contract data from the Leaseplan portal directly into Anaplan. Anaplan recognizes whether there are any new or changed contracts and will automatically process these changes. Of course, it is also possible to upload other custom data files (from in-house source systems or systems from other lessors) in addition to the standard available Leaseplan Upload and have them processed automatically.
 

 

Features

Contract Management
  • Manage and modify your total scope of lease contracts. Save all needed information within the Anaplan platform to ensure one version of the truth.
Calculation Options
  • Contract changes such as early termination, prolongation or a change in discount rate (and many more) are automatically recalculated throughout the model. When contract modifications are uploaded, the calculations will reflect the change automatically without any user input needed.
Journal Entries
  • All journal entries related to new contracts, contract changes and monthly amortization and depreciation are gathered on dashboards and can be exported to your local ERP system.
Reporting
  • Gain insights in your data to see what impact IFRS 16 has on your financial statements. With the advanced Impact Reporting functionality you can even see the impact of the new standard without actually booking it first.
Automated Uploads
  • Automated uploads to add new contracts and even monthly contract modifications are available in the app. The upload is fully customizable to match your requirements. Manual adding of contracts is also available.
Workflow & Security
  • A full contract work- and approval flow is available in the app. Security options are very flexible and can be customized according to the needs of your organization.

Information

Size
100 MB
Language
English
Terms & Conditions

App stats

Modules
50
Roles
2
Formulas
336
Reports
22
Complexity
Master

Finext

Finext is a family of consultancy companies with in-depth knowledge of industries, themes and technologies. Our philosophy is to create trust, establish links and amaze our clients in order to give ample scope to craftsmanship. Our performance management practice consists of almost 100 experienced, skilled and certified EPM professionals. This makes us one of the largest independent performance management firms in the Benelux. With our combined expertise of infrastructure & installation, consulting & implementation and maintenance & support we enable better control, reliable figures and fast reports from stable applications. In essence we support our customers in creating a finance function that actually adds value to their organization.

Website
www.finext.nl
Address

Finext

Binckhorstlaan 36 (M520)

The Hague, South-Holland 2516 BE

Netherlands

+31703003000

Email
stef.jansen.in.de.wal@finext.nl