Contract Intelligence

Ensure compliance using software specially designed to manage your real estate and equipment leases

Our lease accounting software has always operated to ensure compliance with core accounting and financial reporting regulations, including IAS 17 and the new IASB IFRS 16 and FASB ASC 842 standards. This means that by using our software, businesses can automate calculations that are otherwise time-consuming, prone to error and difficult to audit in a spreadsheet or separate software approach. Designed as an open information system, the calculated values can be interfaced through to corporate accounting systems to avoid manual journal creation. In addition, fields have been added that capture discount rates, assumed end dates of the lease (taking into account break clauses and extensions, plus comments to satisfy auditors as to why this date has been chosen), incentives, costs and dilapidations.

Lease Accounting Software Features

Time saving calculations

Automatic recalculations and associated balance sheet adjustments when leasing events require it, such as extensions and terminations.

Automated Alerts

Alert functionality for notifications when critical information changes. Finance can also be notified when a new lease is under negotiation.

Comprehensive reporting

New disclosure reports providing details of right-of-use assets, interest, amortisation, cash flow and weighted terms.

What if scenarios

Scenario modelling of new leases to aid decision-making when considering the impact of new contracts on the balance sheet.

lease accounting software


  • A single source for all current, newly signed and planned leases, including lease terms, financials and potential changes.

  • Handle IASB and FASB calculations simultaneously.

  • Run lease classification tests.

  • Ensure data is captured at source, eliminating the need for multiple entries.

  • Easily import revised lease abstracts to ensure the accuracy of information.

  • Model scenarios for full and modified retrospective leases, and see what impact these have on the balance sheet.

  • Easily generate lease capitalisation and disclosure reports.

  • Management of transitional rules.

  • Management of landlord incentives, impairments and dilapidation provisions.

  • API allows easy integration to corporate ERP for lease payment and receivables.

MRI Property Management – Become a digital-first visionary

To win in today’s competitive real estate market, you need a modern platform that provides your team with the right tools and helps them deliver great service. That platform is already here, and you can join thousands of brands using it right now to achieve their vision of growth.

Who uses the software?

How we can help

Property & equipment leasing

IFRS 16 & ASC 842 compliance for both property portfolio materiality and non-property assets.

Lessor accounting

IFRS 16 & ASC 842 compliance for lease receivables linked to a head-lease payable, whether the subtenant is a third party company or intercompany.

Lease level accounting

Audit trail for each lease of all balance sheet calculations, each displaying amortisation, opening/closing liability, interest, depreciation etc for each period in line with company-specific accounting calendar.

Discount rate management

Definition and management of discount rate strategy - lease by lease, implicit, asset class.

Dual reporting

Group Vs Entity Reporting, IFRS 16 and ASC 842 dual reporting for organisations requiring to declare the impact on the balance sheet of leases across multiple entities within a global group.

Lease exemptions and classifications

Automated classification of short term leases and small value lease exemptions, along with FASB operational and finance lease classifications.

Adoption method modelling

Model leases on full retrospective, modified a, modified b to understand the material impact.

Accounting periods

Compounding on a daily rate or monthly rate in line with a client’s accounting calendar i.e. standard calendar months, 13 weeks, retail and manufacturing accounting periods (4-4-5).

Disclosure reports

Lessee and lessor disclosure reports (IFRS 16 & ASC 842).

Journal postings

IFRS 16 & ASC 842 journal entries per period – standard reporting or ability to interface to ERP.


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