LAMsoEasy360
Lease Assets Management Software
Elevate your lease accounting and reporting with LAMsoEasy360. Our advanced, fully automated lease asset management software simplifies the process of capturing, tracking, and accounting for leases in full compliance with Ind AS 116. The system streamlines the generation and review of Right-of-Use (ROU) assets, lease liabilities, interest on lease liability, unwinding of interest on security deposits, depreciation and related disclosures, ensuring accurate transition and ongoing reporting. Users can easily export all lease schedules and financial reports to Excel, allowing for adjustments and modifications while maintaining adherence to Ind AS 116 requirements. Boost your productivity with powerful, rule-based reporting tools that reduce errors, enhance transparency, and drive efficiency at every step of lease lifecycle management.
Key Features of LAMsoEasy360
Discover the powerful features that make LAMsoEasy360 the ultimate financial reporting solution
Leasemaster Data Management
Capture of key terms: start/end dates, rent, escalations, options (renewal/termination), variable payments, etc. for enabling the disclosure in the financial statements.
Automated ROU Asset & Lease Liability Calculations
Does automatic computation of lease liability and ROU asset. Built-in logic for extensions, terminations, and remeasurements.
Interest and Amortisation Engine
- Periodic interest on the lease liability using the discounting rate.
- Depreciation on the ROU asset.
- Unwinding of interest calculation on security deposits.
Journal Entries and ERP Integration
- Generate journal entries to post lease entries in the financial reporting software (FinSoEasy360) or any other ERP.
Disclosure and Reporting Suite
- Pre-built Ind AS 116 disclosures: ROU asset and lease liability balances, depreciation, interest.
- Maturity schedules and cash-flow-based disclosures.
- Downloadable reports (Excel) for financial statement annexures and board/debt-covenant packages.
- Customisable management dashboards on total lease cost, interest cost, discount rate trend, year-wise depreciation, debt-like position, and upcoming renewals, etc.
Lease Lifecycle Tracking
- Lifecycle view: identification → initial recognition → renewals / modifications → terminations / disposals.
- Full handling of modifications.
Why Choose LAMsoEasy360?
Experience the transformative benefits that our LAMsoEasy360 solution brings to your organization
Increased Efficiency
Reduce manual data entry by 90% and generate reports in minutes instead of hours.
Time Savings
Automate repetitive tasks and focus on strategic financial analysis and decision-making.
Cost Reduction
Lower operational costs by reducing manual errors and improving resource allocation.
Accuracy Improvement
Eliminate human errors with automated calculations and built-in validation checks.
Compliance Ready
Meet regulatory requirements with standardized reporting formats.
Need a Custom Solution?
Our team can create a tailored solution that perfectly fits your organization's unique requirements. Get in touch to discuss your needs and discover how FinSoEasy360 can transform your financial reporting.
- FinSoEasy360
- LAMsoEasy360
- RPTsoEasy360
- FAMsoEasy360
- ReconSoEasy360
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- Address: G-22, II Floor Sector-3
- Noida, Uttar Pradesh-201301
- Phone: +91 95559 34205
- Email: info@finsensor.in
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