Lease Accounting Software Resources

We offer our users the choice. If you want to comply with the standard to the literal cent, we offer that calculation methodology. Alternatively, if you're going to recalculate our numbers in excel (which we encourage) we provide the same calculation methodology of excel's XNPV formula.

Our numbers are our key focus. We have tested our numbers against the IFRS 16 Illustrative Examples, Big 4 IFRS 16 examples and a robust testing suite. Our numbers tie to the cent. Not only that, they form a part of our testing suite in our code base. Ensuring we don't change any code that would affect the calculations. We also offer a CSV extraction of all inputs. Want to know the lease liability value on a specific date before interest incurred? Cradle can show you this level of granular detail.

With one click, you can export your data into your relevant ERP. We've designed Cradle to allow you to set up your general ledger codes the way you want in Cradle. If integration is something you need, we're also happy to work with you to achieve that functionality.