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Catsoft Leasecat is a lease management software that has the functionality to produce reports and perform lease calculations from a lessee or lessor perspective on finance leases, operating leases and hire purchases. Register of lease details for operating leases, finance leases, and hire purchase from either a lessee/purchaser or lessor/dealer perspective. Reports details include cash flows, lease interest rates, lease terminations, and summaries for journal entries. Capability for the lessee to sub-lease part or all of a leased asset to a third party lessee. User-definable options for interest charge method and amortization method. Custom report writer allows users to create their own reports with definable fields. Automatically calculates the interest rate implicit in the lease contract. The lessee can enter an estimated interest rate, resulting in an adjusted fair value or obtain recommended alternative rental payments.

Transitioning from old accounting standards into the new IFRS 16, AASB 16 and ASC 842 provides numerous challenges for businesses. New regulations, more data that needs to be collected and processed as well as more complex duties for accountants that need to be carried out. However, instead of struggling with outdated lease calculators, opt for precise, professional and user-friendly lease accounting software for IFRS 16, AASB 16 and ASC 842 standards. Our lease accounting software is able to do many things and offers tremendous versatility and flexibility to your business. For both SaaS and other types of businesses, the Soft4Lessee accounting solution helps your business do lease management accounting quicker, cheaper and with much less struggle. With our software, you can automate a lot of processes, seamlessly import and export data from and into Microsoft Excel, integrate files of XML and other formats.