To copy a company you need to go into Companies page and select which company you would like to copy.   After selecting company to copy - select from action bar Copy action. After selecting Copy you would be prompted to create a new name for copied company and select that you understand locking of company during copy: After waiting for a bit you wil...

Version 24.0 New features Email reminders about agreement expiration dates SOFT4Lessee now automatically sends email notifications to alert users about upcoming agreement expirations. You can configure reminder settings for specific user groups, making it ideal for infrequent software users or when certain people need advance notice about expiring a...

Version 23.0: New Functionality : new companies can be setup to use Fixed Assets for calculation of Right-of-Use Asset. Lease Setup new action for quick setup of Fixed Asset Setup if „Use Fixed Assets for RoU“ selected. Fixed Asset can be created on expiration of Lease if it is financial lease and depreciation term longer than Lease Term. Quick acce...

Version 22.0: Migration interest rate only calculated if „Solve for Discount Rate“ selected in Lease Setup. Fix for reversing Lease Agreement if entries reversed (now including Reversed by SOFT4). Company select in Consolidated reports (can use multiple selects). Security Deposits functionality. New account for Receivable in Lease Categories. Lease ...

Once you decide to migrate to Soft4Lessee, you'll have to enter your current lease data into our specialized data template, which will later be imported into the system. To avoid common pitfalls, read the notes below and keep them in mind when filling in the template!   Mandatory fields In the lease data template, you'll encounter fields either mark...

After your lease data is imported into the system, it will need to be reviewed. Since our system may calculate certain values differently, discrepancies can occur between the system’s view of the lease and the provided lease status. Any difference will be posted as a Remeasurement. Our objective is to minimize this value. If the Remeasurement on a l...

To send emails about expiring leases, complete a few setup steps. If it's not already configured, set up emails in your environment. To do this, type Set Up Email in the search bar and select the corresponding option. A window will open. Then click Next. In the next step, select the Current User option. Emails will be sent using the email address as...

You can set up your environment to use the deferred tax functionality. To enable this functionality, first, from the Role Center, navigate to Setup → Lease Setup. In the Lease Setup page, under the Accounting Settings tab, enable the Use Deferred Tax option and also fill in the Deferred Tax (%) field. In the Lease Categories page, fill in which acco...

In Soft4Lessee, you can take some templates of reports and customize them to fit your needs. Let's overview how to edit report templates. Adding Totals to RoU Report Let's start by downloading the RoU Asset Report template. You can find it by going to Report Layouts page via search bar. In the Report Layouts page, find the RoU Asset Report template....