Lease accounting and management for New Zealand businesses
From 30 leases to 10,000+, LOIS automates NZ IFRS 16 compliance, unifies finance and property teams, and delivers audit-ready reporting, built by CA-qualified accountants in New Zealand.
NZ IFRS 16 compliance, automated
LOIS automates the full NZ IFRS 16 calculation set: right-of-use asset recognition, lease liability amortisation, depreciation and interest schedules, and XRB-compliant disclosure reporting. No manual spreadsheets, no formula risk.
Finance and property unified in one system
LOIS brings lease accounting, property management, and fleet management together in a single platform. One dataset for finance and property teams means no duplicate entries, no reconciliation gaps, and no silos.
CA-qualified expert support in New Zealand
LOIS is built and supported by CA-qualified lease accounting experts in New Zealand and Australia. Your team works with people who understand NZ IFRS 16 in practice, not just software support staff.
Mandatory for NZ for-profit entities
NZ IFRS 16, issued by the XRB, is mandatory for for-profit NZ entities reporting under NZ IFRS. It requires most leases to be recognised on the balance sheet as a right-of-use asset and lease liability.
Handles NZ and AU portfolios together
Many NZ organisations hold leases in Australia as well. LOIS manages both NZ IFRS 16 and AASB 16 in one platform, producing the correct calculations for each jurisdiction without separate systems.
Balance sheet and P&L impact
Under NZ IFRS 16, operating lease expenses move off the P&L and onto the balance sheet as depreciation and interest. EBITDA rises, reported liabilities grow, and disclosures require a full reconciliation of movements.
Built by CA-qualified NZ accountants
LOIS was built and is supported by CA-qualified lease accounting specialists in New Zealand and Australia. The platform reflects how NZ IFRS 16 works in practice, not just in theory.
Everything NZ finance teams need for IFRS 16
Lease accounting
Automated NZ IFRS 16 calculations
LOIS handles every calculation NZ IFRS 16 requires, with no manual input after setup. The platform computes right-of-use asset values, lease liability present values, depreciation and interest charges, and full amortisation schedules across every lease in your portfolio.
- Right-of-use asset recognition and subsequent measurement
- Lease liability amortisation using the effective interest method
- Depreciation and interest split for P&L presentation
- Short-term and low-value asset exemption tracking
- Automated journal entries with full audit trail
Property management
Manage NZ property portfolios without missing a milestone
LOIS gives property teams automatic reminders for rent reviews, lease expiries, and renewal options across every site. Finance sees the same data, so month-end doesn't depend on a spreadsheet handed over from the property team.
- Automatic alerts for rent reviews, expiries, and break options
- Cost comparisons by square metre across NZ sites
- Portfolio timeline view for the full lease lifecycle
- Unified data for finance and property in one system
- Workflow approvals between property and finance teams
Fleet management
Automate bulk fleet data uploads from any NZ lease provider
Most NZ fleet operators receive data from multiple lease providers in different formats. LOIS ingests all of it, cross-checks every record against your existing portfolio, and flags changes before they become errors.
- Upload data from any NZ fleet lease provider in any standard format
- Automatically cross-checks against your existing LOIS portfolio
- Identifies new leases, CPI adjustments, extensions, and terminations
- Keeps monthly fleet processing error-free and audit-ready
- Full NZ IFRS 16 calculations applied to every vehicle lease
Managed service
Full NZ IFRS 16 compliance, managed by CA-qualified experts
The LOIS Managed Service puts CA-qualified NZ lease accounting experts alongside your finance team each month. They validate your data, run the NZ IFRS 16 calculations, prepare journals ready for posting, and deliver a fully reconciled, audit-ready reporting pack. Your team reviews the output, not the process.
- CA-qualified experts validate all lease data each period
- Expert review of all NZ IFRS 16 calculations
- Journals prepared and delivered by LOIS experts, ready for posting
- Monthly audit-ready reporting packs for finance and auditors
- Dedicated LOIS expert providing ongoing guidance
Automated NZ IFRS 16 calculations
LOIS handles every calculation NZ IFRS 16 requires, with no manual input after setup. The platform computes right-of-use asset values, lease liability present values, depreciation and interest charges, and full amortisation schedules across every lease in your portfolio.
- Right-of-use asset recognition and subsequent measurement
- Lease liability amortisation using the effective interest method
- Depreciation and interest split for P&L presentation
- Short-term and low-value asset exemption tracking
- Automated journal entries with full audit trail
Manage NZ property portfolios without missing a milestone
LOIS gives property teams automatic reminders for rent reviews, lease expiries, and renewal options across every site. Finance sees the same data, so month-end doesn't depend on a spreadsheet handed over from the property team.
- Automatic alerts for rent reviews, expiries, and break options
- Cost comparisons by square metre across NZ sites
- Portfolio timeline view for the full lease lifecycle
- Unified data for finance and property in one system
- Workflow approvals between property and finance teams
Automate bulk fleet data uploads from any NZ lease provider
Most NZ fleet operators receive data from multiple lease providers in different formats. LOIS ingests all of it, cross-checks every record against your existing portfolio, and flags changes before they become errors.
- Upload data from any NZ fleet lease provider in any standard format
- Automatically cross-checks against your existing LOIS portfolio
- Identifies new leases, CPI adjustments, extensions, and terminations
- Keeps monthly fleet processing error-free and audit-ready
- Full NZ IFRS 16 calculations applied to every vehicle lease
Full NZ IFRS 16 compliance, managed by CA-qualified experts
The LOIS Managed Service puts CA-qualified NZ lease accounting experts alongside your finance team each month. They validate your data, run the NZ IFRS 16 calculations, prepare journals ready for posting, and deliver a fully reconciled, audit-ready reporting pack. Your team reviews the output, not the process.
- CA-qualified experts validate all lease data each period
- Expert review of all NZ IFRS 16 calculations
- Journals prepared and delivered by LOIS experts, ready for posting
- Monthly audit-ready reporting packs for finance and auditors
- Dedicated LOIS expert providing ongoing guidance
Five reasons NZ finance teams choose LOIS
Save time on period-end
Save time on period-end, every period
Finance teams managing NZ IFRS 16 on spreadsheets face the same burden every month: recalculating amortisation, adjusting for modifications, checking every figure before journals can be posted. LOIS removes that overhead. Calculations run automatically, journals generate on demand, and reconciliation happens in the background.
Stay audit-ready
Stay permanently audit-ready under NZ IFRS 16
Auditors examine NZ IFRS 16 compliance the way they approach any accounting standard: tracing how decisions were made, how changes were tracked, and how consistency was maintained across periods. LOIS documents every judgement, modification, and remeasurement automatically. When your auditor asks how a figure was derived, the answer is already in the system.
Manage lease events
A complete timeline of lease events and milestones
Under NZ IFRS 16, every rent review, lease renewal, or modification triggers a remeasurement. Missing one creates a compliance gap that becomes an audit finding. LOIS tracks every event across your property and fleet portfolio, sending automatic reminders before critical dates and logging each action with a timestamp.
Eliminate errors
Eliminate the risk of manual error in a complex calculation set
NZ IFRS 16 calculations compound over time. A wrong discount rate at commencement produces a slightly wrong figure every period that follows, accumulating until an auditor finds it. LOIS validates inputs on entry, applies the correct calculation rules automatically, and flags anomalies before they become audit findings.
Reporting you can trust
Reporting your CFO and auditors can rely on
LOIS produces disclosure-ready reports, ROU asset movement schedules, lease liability maturity analyses, and reconciliation reports, all locked and traceable. Every output agrees to its inputs, and every input is documented. This is the standard of evidence NZ auditors expect under NZ IFRS 16, and it is what LOIS delivers by default.
Save time on period-end, every period
Finance teams managing NZ IFRS 16 on spreadsheets face the same burden every month: recalculating amortisation, adjusting for modifications, checking every figure before journals can be posted. LOIS removes that overhead. Calculations run automatically, journals generate on demand, and reconciliation happens in the background.
Stay permanently audit-ready under NZ IFRS 16
Auditors examine NZ IFRS 16 compliance the way they approach any accounting standard: tracing how decisions were made, how changes were tracked, and how consistency was maintained across periods. LOIS documents every judgement, modification, and remeasurement automatically. When your auditor asks how a figure was derived, the answer is already in the system.
A complete timeline of lease events and milestones
Under NZ IFRS 16, every rent review, lease renewal, or modification triggers a remeasurement. Missing one creates a compliance gap that becomes an audit finding. LOIS tracks every event across your property and fleet portfolio, sending automatic reminders before critical dates and logging each action with a timestamp.
Eliminate the risk of manual error in a complex calculation set
NZ IFRS 16 calculations compound over time. A wrong discount rate at commencement produces a slightly wrong figure every period that follows, accumulating until an auditor finds it. LOIS validates inputs on entry, applies the correct calculation rules automatically, and flags anomalies before they become audit findings.
Reporting your CFO and auditors can rely on
LOIS produces disclosure-ready reports, ROU asset movement schedules, lease liability maturity analyses, and reconciliation reports, all locked and traceable. Every output agrees to its inputs, and every input is documented. This is the standard of evidence NZ auditors expect under NZ IFRS 16, and it is what LOIS delivers by default.
