HAC's Lease Calculator
If you’re looking to report under IFRS 16, you can do all of this in our new lease accounting software.
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How It Works
Quickly calculate journal entries and interest expense for all of your lease contracts in compliance with IFRS 16.
Lease Data Input
Input essential lease details including dates, terms, and payment information.
Lease Classification
Determine lease types and ensure IFRS 16 compliance.
Calculation of Lease Liability
Compute the present value of future lease payments.
Calculation of Right-of-Use Asset
Calculate the right-of-use asset based on the initial lease liability.
Amortization and Interest Expense
Generate amortization schedules for the right-of-use asset and interest expense.
Journal Entries
Provide suggested journal entries for lease recognition and measurement.
Reporting and Compliance
Generate reports aligned with IFRS 16 requirements.
Scenario Analysis and Modifications
Handle changes in lease terms and perform scenario analysis.
Features and Benefits
Accuracy and Compliance
Ensures accurate calculation and compliance with IFRS 16 requirements, reducing the risk of errors in financial reporting.
Efficiency
Automates complex calculations and reduces the time and effort needed for manual processing.
Audit Trail
Maintains a clear record of inputs, assumptions, and calculations, which is useful for audits and financial reviews.
Use our decision tree to check if IFRS 16 applies
Invite team members to view saved calculations
Save calculations in the cloud for later review
Download calculations in Excell
Contact Us
Getting ready for IFRS 16 Leases can be challenging. We can assist with the transition.
Customer Support
For technical assistance when using the app
Any Questions
We can help you findwhat you're looking for
Contact Us
- +597 863 1562
- info@hintzenadministration-consulting.com
- Ring Center Plaza Ringweg Zuid 193-195 Paramaribo, Suriname
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