ASC 842
Full compliance with US GAAP lease accounting. Automatic lease classification, discount rate management, modification tracking, and disclosure reports - all generated directly inside Business Central.
Features
Stop wrestling with spreadsheets. Bulk import from any source and generate compliance-ready reports in seconds.
What’s inside Onederful.
Fast Setup & Data Migration
Minimal setup - up and running in days. Import your lease portfolio from Excel or migrate from any legacy system.
Lease Agreement Management
Manage all lease details in one place - vendors, dates, schedules, and assets. Full lifecycle workflow from pre-contract to expiration.
Automated Lease Schedule Calculation
Automatically calculate NPV with principal and interest split. Support advance payments and flexible payment schedules.
Lease Closure & Early Termination
Close out leases with full balance reconciliation. Manage early terminations and buy-outs, and automatically dispose of the Right-of-Use Asset once the lease liability reaches zero in Business Central.
Modifications & Remeasurements
Create new schedule versions when lease terms change, with remeasurement effects automatically posted to the general ledger.
Automated Journal Entries & Accruals
Post accruals, payments, and interest in batch with one click, and rely on built-in reversals and error tracking to stay in control.
Lease Liability Accounting
Recognize and split liabilities into short-term and long-term automatically, and reclassify periodically without manual effort.
Right-of-Use Asset Tracking
Automatically create Right-of-Use assets from lease schedules. Manage depreciation and dimensions with full control.
Multi-Company & Multi-Entity Support
Manage leases across multiple entities in one environment. Clone structures and scale quickly.
Built for Business Central
Lease contracts are consistently tracked across all modules and analytical dimensions – ensuring full traceability without duplication or remapping.
Compliance & Disclosure Reporting
Built-in IFRS 16, FRS 102 and ASC 842 disclosures, amortization schedules, and maturity analysis.
Schedule Monitoring & Review
Track review dates and expirations. Restrict postings when reviews are overdue - nothing slips through.
Full Audit Trail & Version History
Track every change - calculations, postings, and status updates. Complete audit-ready history.
ASC 842 · IFRS 16 · FRS 102. Built in, not bolted on.
IFRS 16
Complete right-of-use model support. Measurement, remeasurement triggers, and full IFRS 16 disclosures - ready for international reporting.
FRS 102
Full FRS 102 lease accounting support inside Business Central. Recognition, measurement, remeasurement, and disclosure requirements - automated and audit-ready for UK and Irish reporting.
Frequently asked questions
Onederful supports Excel (.xlsx, .xls) and CSV files. You can also import directly from other lease accounting tools using our migration templates.
Most lease accounting tools charge per lease - meaning your bill increases every time you sign a new office or vehicle lease. Onederful stays the same price whether you have 10 leases or 10,000.
Most lease accounting tools charge per lease - meaning your bill increases every time you sign a new office or vehicle lease. Onederful stays the same price whether you have 10 leases or 10,000.
Most lease accounting tools charge per lease - meaning your bill increases every time you sign a new office or vehicle lease. Onederful stays the same price whether you have 10 leases or 10,000.
Ready to close the books faster?
Get Onederful running inside Business Central in weeks. Book a demo - we'll walk you through exactly how it fits.
