AERA Platform / IFRS Compliance Suite
IFRS Compliance Suite

IFRS 16 Lease Accounting

Manage your entire lease portfolio in one workspace. Right-of-use asset recognition, lease liability amortization, modification tracking, reassessment triggers, and automated journal entries — all from a single YAML definition.

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A IFRS 16 — Lease Portfolio Dashboard Export + Lease Active leases 47 +3 new Total ROU assets € 12.4M Net book value Total lease liability € 11.8M Current + non-current Depreciation YTD € 1.9M Interest YTD € 420K Weighted avg 3.2% Lease portfolio Filter Group Asset class Lease Class ROU asset Liability Remaining Status Milan HQ — Via Torino 42 Office € 4,180K € 4,020K 7y 4m Active Warehouse — Lodi Logistics Warehouse € 2,850K € 2,640K 5y 8m Active Fleet — 12 delivery vehicles Vehicle € 1,680K € 1,490K 2y 3m Active IT Equipment — Server room IT € 890K € 780K 1y 6m Active Office — Roma branch Office € 420K € 180K 4m Expiring Showroom — Torino Retail € 1,380K € 1,290K 3y 1m Modified 6 of 47 leases · Total ROU: €12.4M · Total liability: €11.8M View all → Liability maturity profile 2026 2.8M 2027 2.4M 2028 2.0M 2029 1.6M 2030 1.2M 2031+ 1.8M Upcoming events Roma branch — expiring Jul 2026 Torino showroom — reassessment due
Full lifecycle lease accounting
From initial recognition to disposal, AERA handles every phase of IFRS 16 compliance with full automation.
Recognition

Right-of-use asset recognition and depreciation

Automatic initial measurement of the ROU asset at commencement date. Straight-line depreciation over the shorter of lease term and useful life, with impairment testing integration.

  • Initial measurement: lease liability + prepayments + initial direct costs − incentives
  • Depreciation schedule with monthly/quarterly granularity
  • Impairment indicator monitoring (IAS 36 linkage)
  • Asset class segmentation (property, vehicles, equipment, IT)
ROU asset — Milan HQ, Via Torino 42 Initial measurement Lease liability at commencement € 4,650,000 Prepaid lease payments € 120,000 Initial direct costs € 85,000 Lease incentives received (€ 200,000) ROU asset at recognition € 4,655,000 Depreciation schedule Method: Straight-line Term: 10 years (120 months) Monthly charge: € 38,792 Accumulated depr. (32m): € 1,241,333 27% depreciated NBV: €3,413,667 ROU asset movement — FY 2026 Period Opening Additions Depreciation Closing Q1 2026 € 3,530K (€ 116K) € 3,414K Q2 2026 € 3,414K (€ 116K) € 3,297K Q3 2026 € 3,297K (€ 116K) € 3,181K
Liability

Lease liability amortization with interest unwinding

Present value calculation of future lease payments at the incremental borrowing rate. Automatic split between principal repayment and interest expense, with payment schedule tracking.

  • PV calculation at inception using IBR or implicit rate
  • Amortization table with principal/interest split per period
  • Current vs non-current liability classification
  • Multi-currency support with FX retranslation
Lease liability — Milan HQ IBR: 3.2% Recalculate Current portion € 680K Non-current € 3,340K Total liability € 4,020K Amortization schedule Period Opening bal. Payment Interest Principal Closing bal. Jan 2026 € 4,080,420 (€ 56,667) € 10,881 € 45,786 € 4,034,634 Feb 2026 € 4,034,634 (€ 56,667) € 10,759 € 45,908 € 3,988,726 Mar 2026 € 3,988,726 (€ 56,667) € 10,637 € 46,030 € 3,942,696 Apr 2026 € 3,942,696 (€ 56,667) € 10,514 € 46,153 € 3,896,543 FY 2026 Total (€ 680K) € 124K € 556K Showing 4 of 120 periods · Weighted avg rate: 3.2% Full schedule →
Modifications

Lease modifications and reassessment engine

When lease terms change — scope reduction, term extension, rent indexation — AERA recalculates the liability and adjusts the ROU asset automatically. Full audit trail of every modification.

  • Modification classification (separate lease vs. remeasurement)
  • Automatic liability remeasurement at revised discount rate
  • ROU asset adjustment with gain/loss calculation
  • Index and rate revision triggers with CPI linkage
Lease modification — Torino Showroom Pending review Remeasurement MOD-2026-008 — Term extension + rent increase Original term: 5 years (ending Dec 2027) Modified term: 8 years (extended to Dec 2030) Rent change: €18,000/m → €20,500/m (+13.9% CPI adjustment) Before modification Lease liability € 1,080,000 ROU asset NBV € 1,120,000 Discount rate 3.0% After modification Lease liability € 1,892,000 ROU asset NBV € 1,932,000 Revised rate 3.5% Journal entry impact Account Debit Credit ROU Asset — Retail € 812,000 Lease Liability
Disclosure

Automated journal entries and IFRS 16 disclosure

Generate all required journal entries (initial recognition, depreciation, interest, payments, modifications) and produce IFRS 16 disclosures with maturity analysis, expense breakdown, and reconciliation tables.

  • Automatic JE generation with posting-ready output
  • Maturity analysis of lease liabilities (per IFRS 16.58)
  • Expense breakdown: depreciation + interest + short-term + low-value
  • ROU asset and liability reconciliation tables for notes
IFRS 16 Disclosure — FY 2026 Generate report Lease expense summary Depreciation of ROU assets € 1,920,000 Interest on lease liabilities € 420,000 Short-term lease expense € 85,000 Low-value asset expense € 12,000 Total lease cost € 2,437,000 Cash flow impact Principal repayments (financing) € 2,280,000 Interest paid (operating/fin.) € 420,000 Short-term + low-value (operating) € 97,000 Total cash outflow € 2,797,000 Maturity analysis of lease liabilities (undiscounted) Maturity bucket Amount % of total Within 1 year € 2,980,000 21% 1 to 5 years € 8,420,000 59% More than 5 years € 2,850,000 20% Total undiscounted € 14,250,000 PV: €11.8M
See it in action
A walkthrough of the IFRS 16 module — from lease onboarding to automated journal entries and disclosure generation.
47
Leases managed
€ 12.4M
ROU assets tracked
< 1s
Module generation
Auto
Journal entries
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