AI EZY ERP · Module
Fixed Assets & IFRS 16 Leases
Asset additions from payables, depreciation by cost centre, and full IFRS 16 lease accounting.
Features
What you get
Mass-additions queue from AP
Straight-line and declining-balance depreciation by cost centre
Transfers, retirements with gain/loss, impairment and roll-forward
IFRS 16: present value and right-of-use asset (advance or arrears, escalation, initial direct costs, incentives)
Monthly lease interest and ROU depreciation; lease invoices generated into payables
Short-term exemption, termination and current/non-current split
✦ AI in this module
- Month end in one command runs depreciation and lease accruals
Part of AI EZY ERP
Works with every other module
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