EBIS IFRS Lease Accounting Suite
The EBIS Lease Accounting Suite is designed to streamline lease management and ensure compliance with IFRS standards. By integrating financials with fixed assets and controlling modules in SAP, it provides a comprehensive solution for effective lease accounting, simplifying the complexities of managing lease obligations. This suite not only enhances operational efficiency but also supports organizations in maintaining accurate financial records effortlessly.
With its user-friendly interface and tailored features, the EBIS Lease Accounting Suite empowers users to navigate lease management with confidence, making it an essential tool for finance teams. Its robust functionalities allow organizations to adapt to changing regulations and market conditions, ensuring long-term sustainability in lease management practices.
Key Features
- Central Management
- Manage the entire lease accounting process from a single screen, including contract creation, postings, and settings.
- Customizable Infrastructure
- All components of the lease accounting process are fully customizable, ensuring accuracy and completeness.
- Automatic Forecast Generation
- Automatically generate net present value, leasing expenses, and depreciation values for contracts, with downloadable reports for verification.
- Version Management
- Create unlimited forecast versions for contracts, allowing changes to interest rates, payment amounts, and expiration dates.
- Period Control
- Ensure all transactions for the active period are completed before opening a new period.
- Fixed Asset Integration
- Automatically create fixed assets associated with contracts, including defined depreciation keys.
- Cost Centre Assessment
- Assign and manage cost centres for accounting postings with distribution weighting factors.
- Forecast Reports
- Generate balance sheet and profit and loss forecasts upon contract creation.
Process Overview
- Defining New Contracts
- Easily create contracts with automatic generation of contract numbers and essential details like start and end dates, payment amounts, and asset information.
- Changing Contracts
- Modify contract details as necessary, with specific fields available for updates.
- Asset Accounting
- Link fixed assets to leasing contracts, defining depreciation calculations based on contract terms.
- Generating Forecasts
- Automatically generate forecasts based on contract conditions, including monthly payments and interest rates.
- Managing Periodic Postings
- Schedule and process monthly postings in the background, ensuring timely accounting records.
- Reporting
- Access various reports, including forecast reports and account position lists, all available for download in Excel format.
Why Choose EBIS Lease Accounting Suite?
The EBIS Lease Accounting Suite offers a robust solution for organizations looking to comply with IFRS while effectively managing their lease accounting processes. With its user-friendly interface and comprehensive features, it simplifies the complexities of lease management.
- Compliance Assurance
- Stay compliant with IFRS regulations effortlessly, reducing the risk of penalties or audits.
- Enhanced Efficiency
- Automate and streamline lease accounting processes, saving time and resources for your finance team.
- Scalability
- The suite is designed to grow with your organization, accommodating increasing lease volumes and complexity.
- User-Friendly Interface
- Intuitive design allows for quick onboarding and ease of use, minimizing training time.
- Comprehensive Reporting
- Gain insights into your lease portfolio with robust reporting capabilities, aiding in strategic decision-making.
- Expert Support
- Benefit from dedicated customer support and resources to assist with any challenges you may encounter.