Trullion

Lease102 is a lease accounting software designed for compliance with FRS 102 Section 20. It automates the accounting process using AI-powered data extraction, calculations, journal entries, and disclosure reports. Built for UK and Ireland businesses, this system utilizes native FRS 102 logic rather than adapting IFRS 16 standards. The platform extracts key data from lease documents using AI technology, reducing manual input errors. Its calculation engine utilizes Bank of England SONIA and ECB €STR rates to determine appropriate discount rates. The system maintains a comprehensive seven-year audit trail that documents all lease modifications and calculations. Additional features include team collaboration tools, lease modification handling, expiration alerts, multi-currency support, and ERP integration options. Lease102 provides enterprise-grade security with AES-256 encryption, TLS 1.3 protocols, and data storage in UK/EU jurisdictions, ensuring GDPR compliance and data protection.

Rubli is the proven, all-in-one solution that will free up your time, providing everything needed to comply with IFRS 16 and ASC 842 effortlessly. Our lease experts will transition you quickly to our platform. This includes a full recon of your opening balances to ensure no surprises at your next reporting cycle. Incorporate a wide range of lease terms, conditions, and modifications. The flexibility of our tool facilitates fast decision-making and instant results that your business can trust. Our software has been used thousands of times and received a clean audit from all the big audit firms. Detailed reports make it easy for your teams and auditors to reconcile balances and sign off. Multiple users can be created with various permission levels, based on their role within your firm. A full audit trail of all changes is stored. Our team focuses only on lease accounting and we provide you with more than just an accounting tool.