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IFRS 16 Lease Engine

Upload a lease contract or enter the terms manually — get the right-of-use asset, lease liability, full schedules, journal vouchers and an audit note. Supports standalone premises, co-leases and subleases.

1 · Contract 2 · Review inputs 3 · Workings

Start with the contract

AI extraction reads the PDF and pre-fills every field with a clause reference — you review and confirm before anything is calculated. Nothing is computed by the AI itself.

Drop the lease contract PDF here or click to choose a file
PDF up to 3.5 MB for AI extraction · your file is processed transiently and not stored

Review & confirm the inputs

These are the figures the calculation will use. Fields highlighted in amber were uncertain in the AI extraction — verify them against the contract. Lease payments must be entered excluding VAT, or tick the VAT-inclusive box and the engine strips it deterministically.

Parties & premises

Lessor Lessee Premises Currency

Term & discounting

Commencement date Lease term (months) Discount rate — IBR (% p.a.) Rate implicit in the lease if determinable, else your incremental borrowing rate. Always a human judgement. Payment frequency Payment timing Recognition exemption

Payments

Base rent per period Fixed service charges per period Capitalised with the rent (non-lease components not separated) Variable charges per period (est.) Utilities / usage-based — expensed to P&L, never capitalised Rent-free periods (initial) Fixed escalation (% p.a.) Escalation is CPI / index-linked VAT rate (%) Amounts above include VAT Variable charges description

Other capitalisation items

Initial direct costs Broker, Ejari / registration, legal Lease incentives received Restoration cost (est., at end) Security deposit (refundable) Discount deposit (IFRS 9)

Options (judgement inputs)

Extension / termination / purchase options considered Include option periods in the lease term above only when exercise is reasonably certain. Record the rationale here — it feeds the audit note.

Arrangement

Standalone — no sharing Co-lease — shared premises Sublease — we sublet part/all