Outsource the complexity, not the control
LOIS Managed Service combines a proven lease accounting platform with CA-qualified accountants who validate your data, run calculations under IFRS 16, AASB 16, FRS 102 and ASC 842, and deliver fully reconciled, audit-ready outputs every month. Your team keeps full visibility and approval authority. LOIS handles the compliance.
Expert-led accuracy
LOIS Managed Service is staffed by CA-qualified accountants with hands-on expertise in IFRS 16, AASB 16, FRS 102 and ASC 842. They review your lease data, validate every calculation, and stand behind each journal and disclosure, so your team's month-end closes with confidence, not last-minute queries.
One connected platform
LOIS unifies lease accounting, property and fleet data in a single system. Journals and calculations are managed inside the platform, giving finance and property teams a shared source of truth with complete visibility and control. No spreadsheets, no siloed data, no rekeying between systems.
Audit-ready every month
Every lease event, assumption change and remeasurement is fully documented across periods. LOIS maintains a complete audit trail behind every journal and schedule, so your team arrives at each audit with the evidence already prepared and ready to present.
Step 1: Centralise your lease data
Upload or integrate lease data into LOIS's dedicated UX. Our approval workflow alerts our expert team, and we take it from there.
Step 2: Expert validation and processing
LOIS experts review, validate and run all relevant lease accounting compliant calculations (IFRS 16, AASB 16, FRS 102 and FASB ASC 842).
Step 3: Reporting prepared
Journals, amortisation schedules and disclosures are produced and checked for an audit-ready experience.
Step 4: Delivered ready for posting
Fully reconciled outputs delivered for your GL and reporting pack, with full lease compliance (IFRS 16, AASB 16, FRS 102 and FASB ASC 842).
Lease Data & Lifecycle Management
Easy Data Upload
Easy Data Upload
Upload your lease data with ease to ensure all your critical lease information is centralised in one place.
LOIS’s intuitive design makes it easy to enter all types of leases either manually, through a customised Excel template or with full integration into other in-house systems via a bespoke integration tool.
- Regular and irregular profiles (multiple rentals with different periodicities)
- Multi-asset addition
- Unlimited document storage for all aspects of leases
- Ability to save mid input as draft lease or confirm to activate a lease
Custom data fields
Custom data fields
LOIS records as much detail as you need for your leased asset data. Use custom fields to save information such as millage limits for vehicles, square metres for buildings, serial numbers for IT equipment or usage hours for forklifts.
Manage Lifecycle & Modifications
Manage Lifecycle & Modifications
All in-life lease amendments are catered for, adhering to the IFRS 16 and FASB ASC 842 standards covering all modifications. Make business as usual an easy process with all forms of modifications automated within the system. LOIS covers all modifications:
- Full extensions
- Part terminations
- Full early terminations
- Consideration changes
- Indexation price changes (IFRS)
- Rental corrections and impairments
Amortisation and depreciation schedules
Amortisation and depreciation schedules
At the commencement of a lease, LOIS generates an asset and amortisation schedule based on the financial information inputted into the system. With each modification to the lease, a new amortisation and asset schedule is created and stored to allow retrospective reporting based on the schedules in play at that time. These schedules drive the accounting output.
Journals & GL Integration
Journals & GL Integration
LOIS will also generate the complex calculations whilst providing full general ledger functionality and a comprehensive audit trail.
Journals are created in the system for both IFRS 16 and FASB ASC 842 accounting entries. LOIS also has its own generic general ledger codes associated with each event in a lease’s life. These codes can be mapped to the user’s general ledger codes. Journals can be exported to Excel for upload to the general ledger or use our bespoke API to remit the journals to the user’s general ledger in an automated fashion.
Easy Data Upload
Upload your lease data with ease to ensure all your critical lease information is centralised in one place.
LOIS’s intuitive design makes it easy to enter all types of leases either manually, through a customised Excel template or with full integration into other in-house systems via a bespoke integration tool.
- Regular and irregular profiles (multiple rentals with different periodicities)
- Multi-asset addition
- Unlimited document storage for all aspects of leases
- Ability to save mid input as draft lease or confirm to activate a lease
Custom data fields
LOIS records as much detail as you need for your leased asset data. Use custom fields to save information such as millage limits for vehicles, square metres for buildings, serial numbers for IT equipment or usage hours for forklifts.
Manage Lifecycle & Modifications
All in-life lease amendments are catered for, adhering to the IFRS 16 and FASB ASC 842 standards covering all modifications. Make business as usual an easy process with all forms of modifications automated within the system. LOIS covers all modifications:
- Full extensions
- Part terminations
- Full early terminations
- Consideration changes
- Indexation price changes (IFRS)
- Rental corrections and impairments
Amortisation and depreciation schedules
At the commencement of a lease, LOIS generates an asset and amortisation schedule based on the financial information inputted into the system. With each modification to the lease, a new amortisation and asset schedule is created and stored to allow retrospective reporting based on the schedules in play at that time. These schedules drive the accounting output.
Journals & GL Integration
LOIS will also generate the complex calculations whilst providing full general ledger functionality and a comprehensive audit trail.
Journals are created in the system for both IFRS 16 and FASB ASC 842 accounting entries. LOIS also has its own generic general ledger codes associated with each event in a lease’s life. These codes can be mapped to the user’s general ledger codes. Journals can be exported to Excel for upload to the general ledger or use our bespoke API to remit the journals to the user’s general ledger in an automated fashion.
Why choose LOIS Managed Service?
Save weeks of reporting time
How does LOIS Managed Service save time on lease reporting?
LOIS Managed Service frees finance teams from the monthly processing burden of lease accounting. CA-qualified LOIS experts handle data validation, IFRS 16 calculations, journal preparation and disclosure packs, so your team spends time on analysis and decisions, not on manual reconciliation.
Stay permanently audit-ready
How does LOIS keep your lease accounting audit-ready?
Every lease event, modification, assumption change and remeasurement is documented by LOIS experts across periods. The platform maintains a timestamped audit trail behind every journal and amortisation schedule, so your team arrives at each audit with the evidence already prepared, not scrambling to reconstruct it.
Timeline of lease events
Does LOIS provide visibility over lease milestones and key dates?
LOIS surfaces a clear, easy-to-read timeline of every lease event, rent review, expiry and renewal date across your portfolio. Proactive alerts flag upcoming milestones before they're missed, giving property and finance teams a shared view of what's due and what's at risk.
Reduce human error
How does LOIS Managed Service reduce errors in lease accounting?
LOIS experts validate every piece of lease data before it enters the system, catching discrepancies that spreadsheets and manual entry routinely miss. Automated IFRS 16, AASB 16, FRS 102 and ASC 842 calculations run inside the platform, removing the risk of human error from complex, formula-heavy processes.
Reporting you can trust
What does a LOIS Managed Service reporting pack include?
Each period, LOIS experts prepare and deliver fully reconciled journals, amortisation schedules, disclosure notes and a locked-down report that agrees the lease subledger to your general ledger balances automatically, avoiding the need for a detailed manual reconciliation. The reporting pack is ready for your auditors and your GL, every month.
How does LOIS Managed Service save time on lease reporting?
LOIS Managed Service frees finance teams from the monthly processing burden of lease accounting. CA-qualified LOIS experts handle data validation, IFRS 16 calculations, journal preparation and disclosure packs, so your team spends time on analysis and decisions, not on manual reconciliation.
How does LOIS keep your lease accounting audit-ready?
Every lease event, modification, assumption change and remeasurement is documented by LOIS experts across periods. The platform maintains a timestamped audit trail behind every journal and amortisation schedule, so your team arrives at each audit with the evidence already prepared, not scrambling to reconstruct it.
Does LOIS provide visibility over lease milestones and key dates?
LOIS surfaces a clear, easy-to-read timeline of every lease event, rent review, expiry and renewal date across your portfolio. Proactive alerts flag upcoming milestones before they're missed, giving property and finance teams a shared view of what's due and what's at risk.
How does LOIS Managed Service reduce errors in lease accounting?
LOIS experts validate every piece of lease data before it enters the system, catching discrepancies that spreadsheets and manual entry routinely miss. Automated IFRS 16, AASB 16, FRS 102 and ASC 842 calculations run inside the platform, removing the risk of human error from complex, formula-heavy processes.
What does a LOIS Managed Service reporting pack include?
Each period, LOIS experts prepare and deliver fully reconciled journals, amortisation schedules, disclosure notes and a locked-down report that agrees the lease subledger to your general ledger balances automatically, avoiding the need for a detailed manual reconciliation. The reporting pack is ready for your auditors and your GL, every month.
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Customer managed -
Managed service
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Centralise and maintain complete, accurate lease data in one controlled platform |
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Fully automated IFRS 16, AASB 16, FRS 102 and ASC 842 calculations |
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Generate audit-ready journals and post directly to your general ledger |
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Maintain a complete audit trail with supporting compliance documentation |
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Access responsive helpdesk support and practical training resources |
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LOIS experts validate all lease data and proactively identify discrepancies |
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Expert review of all related accounting standard calculations for complete confidence |
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Journals prepared and delivered by LOIS experts, ready for posting |
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Monthly audit-ready reporting packs prepared for finance and auditors |
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Dedicated LOIS expert providing proactive guidance and ongoing support |
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Customer managed -
Managed service
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|---|---|---|
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Centralise and maintain complete, accurate lease data in one controlled platform |
|
|
|
Fully automated IFRS 16, AASB 16, FRS 102 and ASC 842 calculations |
|
|
|
Generate audit-ready journals and post directly to your general ledger |
|
|
|
Maintain a complete audit trail with supporting compliance documentation |
|
|
|
Access responsive helpdesk support and practical training resources |
|
|
|
LOIS experts validate all lease data and proactively identify discrepancies |
|
|
|
Expert review of all related accounting standard calculations for complete confidence |
|
|
|
Journals prepared and delivered by LOIS experts, ready for posting |
|
|
|
Monthly audit-ready reporting packs prepared for finance and auditors |
|
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Dedicated LOIS expert providing proactive guidance and ongoing support |
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