Accounting › Recognition
Leases
On the balance sheet under IFRS 16 and ASC 842 — which give different answers for the same lease, and a group reporting both needs both.
In Accounting → Recognition · 7 screens
| Screen | Kind | What it is | Columns | Fields | Actions |
|---|---|---|---|---|---|
| Leases | List | IFRS 16 and ASC 842 give different answers for the same lease, and a group reporting both needs both. The classification is applied rather than typed. | 13 | 59 | 4 |
| Lease Components | List | Three floors and eight parking spaces on one contract. The consideration is allocated across them at relative standalone price — the same problem IFRS 15 has, from the other side. | 8 | 12 | 0 |
| Lease Schedule | Read-only list | The whole of the arithmetic: what was paid, how much was interest, how much reduced the liability, and what the asset was depreciated by. Versioned, because a remeasurement supersedes rather than rewrites. | 12 | 0 | 0 |
| Lease Events | Read-only list | What changed, when, and by how much. A remeasurement is an event in its own right and the difference it makes to the liability is a disclosed number. | 10 | 0 | 0 |
| Lease Runs | Read-only list | The period’s interest, right-of-use depreciation and payments, posted. | 9 | 0 | 1 |
| Lease Charges | List | The charges that are not the rent: service charge, tax, insurance, marketing levy, parking. Each with its own basis, frequency and account. | 10 | 18 | 0 |
| Lease Maturity | Read-only list | What is payable in each of the next five years and thereafter, undiscounted. A required disclosure, and the table a treasurer reads to see the commitment. | 7 | 0 | 0 |