Outsource the complexity, not the control
The LOIS managed service combines our proven platform with lease accounting experts who validate your data, run your calculations, and deliver fully reconciled, audit-ready outputs every month.
Expert-Led Accuracy
Our team supports some of the most complex lease portfolios, spanning thousands of leases. Your lease data is reviewed by CA-qualified lease accounting specialists, reducing risk and removing uncertainty.
One Connected Platform
All lease data is captured and collated through a dedicated property and fleet UX, with journals and calculations managed in LOIS for complete visibility and control.
Audit-Ready Every Month
Every lease event, assumption change, and remeasurement is fully documented with a robust audit trail, supporting faster audit sign‑off and reduced audit queries.
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 IFRS-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
Save weeks of reporting time
Free your team from manual lease accounting tasks.
Stay permanently audit-ready
Stay permanently audit-ready
Every lease change tracked with full audit trail and accurate schedules.
Reduce human error
Reduce human error
Eliminate spreadsheet mistakes with automated, validated data from experts.
Reporting you can trust
Reporting you can trust
Receive fully reconciled, transparently calculated reports every period.
Save weeks of reporting time
Free your team from manual lease accounting tasks.
Stay permanently audit-ready
Every lease change tracked with full audit trail and accurate schedules.
Reduce human error
Eliminate spreadsheet mistakes with automated, validated data from experts.
Reporting you can trust
Receive fully reconciled, transparently calculated reports every period.
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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
|
|
|
|---|---|---|
|
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 |
|
|
|
Dedicated LOIS expert providing proactive guidance and ongoing support |
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