LLease Management · Ind AS 116 for finance teams

Lease accounting withoutspreadsheet firefighting.

Accease Lease Management helps controllership and finance teams run Ind AS 116 on a single system – from lease capture and classification to schedules, journals, and disclosures.

Built to sit alongside your ERP and close process – not replace them – with a clear audit trail for every calculation.

Lease overviewInd AS 116 view
Total leases
247
ROU asset
₹2.4 Cr
Liability
₹2.3 Cr
Next 12 months cash outflowForecast
High-impact renewals flagged3 this quarter
Modifications in review
5 contracts with remeasurement
Close-ready
Journals generated for current period
Portfolio coverage
300+ agreements
Close efficiency
Designed to reduce manual work
Audit support
Clear evidence for every schedule

Opinionated workflows for Ind AS 116.

From capturing lease data to generating journals, each step is structured to mirror how finance teams actually close their books.

The goal is not more configuration screens – it is predictable outcomes your auditors and boards can rely on.

Structured lease capture

Capture lease terms, options, and incremental borrowing rates in a guided format that feeds directly into classification and measurement.

  • Built-in Ind AS 116 checks
  • Clear applicability decisions recorded

Schedules and journals, on demand

Generate amortisation schedules, ROU depreciation, and lease liability journals in a few clicks – with export-ready views.

  • Bulk generation for large portfolios
  • Excel export for review or upload

Portfolio analytics and controls

Keep sight of renewals, expiries, and material contracts with focused dashboards designed for period-end and planning.

  • Expiry and modification visibility
  • Designed to plug into ICFR controls
Built around close timelines

Make lease accounting predictable every quarter.

The lease module is designed to reduce end-period surprises – with clear status for data capture, calculations, and journals before you start closing.

Less time on mechanics, more on review.

Let the system handle the calculations so your team can focus on reasonableness checks and insights.

Clear evidence for auditors and boards.

Keep inputs, assumptions, and outputs tied together – making walkthroughs and sample selections easier to support.

Designed with ICFR in mind.

The same platform can support your lease-related controls, evidence, and sign-offs alongside ICFR.

Example snapshot

A representative view of how finance teams might see their lease position at period-end.

Month-end statusOn track
100%
Data loaded
100%
Schedules run
In review
Journals
Key renewals
2 contracts in next 90 days
High-value sites
Filtered by materiality

See lease management inside the Accease platform.

If your team is already handling Ind AS 116 in spreadsheets or custom models, we can walk through how the lease module mirrors and simplifies that flow.