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Stay in control of the FRS 102 amendments now in effect

With the revised FRS 102 Section 20 active from 1 January 2026, UK GAAP is entering a new era of lease accounting. As a result, most leases are recognised on the balance sheet. 

Switching to a dedicated solution later is far more complex than choosing the right tool today.

Our software replaces complex spreadsheets with structured automation:

  • Automated accounting: System-driven calculations for ROU assets, lease liabilities, and interest expenses.
  • Dynamic adjustments: Automatic handling of CPI-linked remeasurements, extensions, and modifications.
  • Flexible extraction: Export reports per month, quarter, or year for specific entities or the entire group.
  • Period locking: Lock completed periods to prevent unauthorized changes and ensure data integrity.
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Centralize your lease agreement data

Save time searching for contracts across the organization. Our cloud-based software brings all agreements into one secure location for seamless collaboration with contract managers and auditors.

  • Structured: Clean data for quick retrieval.
  • Access control: Secure, group-based permissions.
  • Audit-ready: Full change logs and a complete history for every entry.
FRS 102 Lease_4x  

Centralize your lease agreement data

Save time searching for contracts across the organization. Our cloud-based software brings all agreements into one secure location for seamless collaboration with contract managers and auditors.

  • Structured: Clean data for quick retrieval.
  • Access control: Secure, group-based permissions.
  • Audit-ready: Full change logs and a complete history for every entry.

Ensure full disclosure compliance

Generate required FRS 102 reports with one click, ensuring your financial reporting is transparent and audit-ready:

  • Maturity analysis: Full compliance for both capitalized contracts and exemptions.
  • Transition data: Weighted average discount rates calculated for the implementation disclosure note.
  • Exemptions: Clear reporting on short-term and low-value exceptions.
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Ensure full disclosure compliance

Generate required FRS 102 reports with one click, ensuring your financial reporting is transparent and audit-ready:

  • Maturity analysis: Full compliance for both capitalized contracts and exemptions.
  • Transition data: Weighted average discount rates calculated for the implementation disclosure note.
  • Exemptions: Clear reporting on short-term and low-value exceptions.
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Certified data protection

We build our solutions on the highest industry standards for data protection. This includes ISO 27001 certification, full GDPR compliance, and independently verified ISAE 3402 Type II assurance.

Customer data is stored in AWS data centres located in London, United Kingdom.

This combination ensures your data, contracts, compliance with regulatory requirements, and financial reporting remain secure, transparent, and audit-ready.

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FAQ

Every change is logged with timestamps and user details, creating a transparent audit trail. This makes compliance easy to prove and simplifies audits.

Yes. We provide an open API that makes it easy to connect with other systems. This enables a seamless workflow, improved data quality, and reduced duplication of work across departments.

The solution is built specifically for FRS 102 and follows the requirements of Section 20. It reflects the key differences from IFRS 16 in how leases are recognised, measured and disclosed. All calculations, reports and outputs are aligned to FRS 102, so there is no need for manual adjustments or an IFRS 16-based setup.

Yes. The system supports the Obtainable Borrowing Rate (OBR) and allows you to apply it in line with FRS 102 lease accounting requirements.

Yes. The system calculates the transition adjustments required for the 2026 FRS 102 changes.

Book a demo

See the value for yourself in a live demo with our product specialist.

During the demo we:

  • Assess your needs and challenges
  • Walk you through how the solution works
  • Answer your questions and explore next steps