IFRS 16Leases

IFRS 16 –
lease contracts.
One consistent model.

From the full list of contracts, through modifications and indexation, to reports and journal entries. Handle IFRS 16 in one place — for a single company or the whole group.

Fincorex screen: Controlling, IT GROUP income statement for March 2026 – actuals, budget and prior year
Features

Everything you need
to handle IFRS 16.

01

Full list of contracts

All your IFRS 16 contracts in one register.

02

Changes over time

Amendments and changes to terms from the correct date.

03

Movement table

Changes in assets and liabilities from opening to closing.

04

Reports

Summaries by contract, company and period.

05

Journal entries in any layout

Generating entries that match your chart of accounts and dimensions.

06

Multiple scenarios

Actuals, budget and forecast in one model.

07

Multi-currency

Contracts and reporting in different currencies.

08

Indexation

Updating payments, e.g. in line with inflation.

09

Multiple companies

Working with data for a single company or the whole group.

Contract lifecycle

Terms change.
The model keeps up.

Handle changes from the correct date and keep the context of every contract. Include indexation, including indexation based on inflation.

  • Changes to contract terms and lease term
  • Payment indexation based on selected indices
  • Contract analysis across periods
L/2026/001 · Office spaceContract history
01/01/2026CommencementInitial terms
01/01/2027IndexationPayment update
07/01/2027AmendmentTerm change
ParameterBefore changeAfter change
Monthly paymentEUR 10,000EUR 10,300
Indexation rate—3.0%
Effective date01/01/202601/01/2027

Example change parameters · illustrative data

Transparent results

You see the balance.
And everything that changed it.

The movement table organizes changes in lease assets and liabilities. See what explains the difference between the beginning and end of the period.

Movement table · actuals · December 2026 · PLN · sample data

Movement typeRight-of-use assetsLease liabilities
Opening balance9,400,0008,760,000
New contracts600,000600,000
Modifications and indexation120,000120,000
Depreciation / interest−180,00042,000
Payments—−210,000
FX differences—−12,000
Closing balance9,940,0009,300,000
↗

The same data model for the contract register, movement table and reporting — a shared reference point for finance and accounting.

The scale of your organization

Multiple scenarios, currencies and companies.
One place to work.

Analyze actuals, budget and forecast. Include contracts in different currencies and the needs of individual companies.

⇄

Actuals, budget and forecast

Work with multiple scenarios and compare the impact of lease assumptions on future periods.

Actuals / Budget / Forecast

◷

Contracts in different currencies

Keep contracts in their own currencies and analyze values in your chosen reporting currency.

PLN / EUR / USD / other

☷

Company by company. Or the whole group.

Manage multiple companies in one model and view data at the organizational level you choose.

Company / Group of companies / Group

Finance and accounting

From lease data
to ready-made summaries.

Prepare reports and generate journal entries in any layout — matched to your chart of accounts, dimensions and the needs of your organization.

IFRS 16 reports

Summaries of assets, liabilities and changes in the period.

Journal entries

Account and dimension layout agreed with accounting.

Multiple breakdowns

Contract, company, currency and scenario.

Data consistency

Reporting based on a shared contract register.

Journal entries · 12/2026Company chart of accounts layout
DescriptionAccountDebitCredit
Depreciation400-0115,000—
Accumulated depreciation079-16—15,000
Interest751-163,500—
Liability240-16—3,500
Total entries18,50018,500

Sample accounts and values · configurable layout

FAQ

Before we talk about your contracts.

Can I enter the full list of my contracts?

Yes. You keep all IFRS 16 contracts in one register – with their terms, lease term, currency and the company they relate to.

How are modifications and indexation handled?

You enter amendments and changes to terms from the correct date. Payment indexation can be based on a selected index, e.g. inflation.

Does the model include budget and forecast?

Yes. Alongside actuals, you can plan contracts in the budget and forecast and compare the impact of assumptions on future periods.

Can journal entries be matched to our chart of accounts?

Yes. You generate entries in the account and dimension layout agreed with accounting.

Can the solution handle multiple companies and currencies?

Yes. You keep contracts in their own currencies for multiple companies and analyze data for a single company, a group of companies or the whole group.

See your model
before you decide.

As a proof of concept, we’ll rebuild your reporting or planning model in Fincorex® and show it to you at our next meeting.

Book a demo