Finalytics ERP · Leasing
Leasing ERP — contracts, billing and IFRS 16
A leasing module inside Finalytics ERP for the full contract lifecycle — from quote and credit approval to billing, asset registry, residuals, collections and IFRS 16 reporting.
Leasing runs on exceptions, not standard accounting
A lease is not a simple invoice. It has a contract, a payment schedule, an asset, a residual value, amendments and an accounting treatment. When those live in spreadsheets, finance spends the month reconstructing the truth.
- Contracts, amendments and billing schedules live in spreadsheets.
- Residual values and end-of-term processing are manual.
- The asset or vehicle register is disconnected from finance.
- IFRS 16 schedules and audit evidence are rebuilt outside the ERP.
- Invoices and collections are not connected to the lease.
What the module covers
- Lease quoting and credit workflow
- Contract lifecycle and amendments
- Pricing and billing schedules
- Asset and vehicle registry
- Residual values and end-of-term
- Full IFRS 16 schedules
- Collections and ageing
- Portfolio profitability and reporting
How it works
- Quote and credit approval
- Contract creation and asset assignment
- Billing schedule and invoicing
- Collections and ageing
- Amendments and end-of-term
- IFRS 16 and portfolio reporting
Built on a proven core
Finalytics ERP is our proprietary application layer on a proven ERPNext/Frappe core. We keep GL, inventory and standard financial reporting, then build the operating layer around the business. This is not vanilla ERPNext — it is a bespoke operating layer on a proven transactional core.
Compliance and controls
- Full IFRS 16 schedules and audit evidence
- ZATCA and VAT-compliant invoicing
- Controls and audit trail across amendments and collections
Implementation
We start with a one-week audit, then scope the module around your contracts, data and reporting. Delivery is phased: configure, migrate, test, train and go live with a named senior lead.
Delivered globally, with on-site and remote options depending on location.
Proof
The leasing module is part of Finalytics ERP, which is in active production use. It runs lease contracts, billing and IFRS 16 reporting in live operations.
Questions
Does it support finance and operating leases?
Yes — the module supports lease contracts, billing schedules, asset registers and the accounting treatment configured for each lease type.
How does full IFRS 16 reporting work?
The module maintains lease data, payment schedules and accounting entries so IFRS 16 schedules and audit evidence are produced from the same system rather than rebuilt in spreadsheets.
Can it handle vehicles and equipment?
Yes — the asset register supports vehicles, equipment and other leased assets, with residuals and end-of-term processing.
Does it support ZATCA?
Yes — invoicing and VAT are handled inside Finalytics ERP, with ZATCA-compliant output where required.
Can we migrate existing contracts?
Yes — we migrate active contracts, schedules, assets and balances, then reconcile opening positions before cutover.
Is it multi-entity and multi-currency?
Yes — the module is designed for multi-entity operations and can be configured for the currencies and reporting structure you use.
Does it integrate with Finalytics ERP finance?
Yes — it uses the proven GL and inventory core, so lease accounting, receivables and reporting stay in one system.
Can it integrate with open banking?
Yes — collections and reconciliation can connect through open-banking APIs where the operating market supports them.
How long does implementation take?
It depends on contract volume, asset types and data quality. We scope it after a short audit and give you a dated plan.
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