What's new

• Introduced Partial Termination support for both leases and subleases. Find out more HERE
• Updated Scope Change processing - lease volume adjustments can now generate gain or loss postings. Find out more HERE
• Added support for Sale and Leaseback transactions. Find out more HERE
• Added automated validation checks to identify inconsistencies between lease agreements and General Ledger entries. Find out more HERE
• Automatically created fixed assets can now inherit the same identifier as the related lease agreement. A new option, Use Same FA and Lease Nos., has been added to the Lease Setup. When enabled, the automatically created Fixed Assets will be assigned the same number as the related lease agreement, making it easier to identify the two records
• The Weighted-Average Report has been enhanced with additional filtering options. The report can now be generated and exported based on the selected lease filters, allowing users to analyze only the relevant lease agreements
• Added Sublease Receivable Posting Setup functionality, allowing users to split postings in a similar way to lease liabilities. Find out more HERE
• Added support for Fixed Asset Book Transfer during the migration process. When a Fixed Asset with an existing Depreciation Book and FA entries is linked to a lease, SOFT4Lessee now automatically transfers that asset's balances from its current depreciation book to the IFRS 16 lease depreciation book - no manual transfer step required
• Improved Lithuanian language translations throughout the application

Improvements

• Added rounding for Interest amounts - excluding the mysterious -0,01 round-offs
• Added an event before the Reversal to include your logic
• Added an action to submit all IFRS 16 General Journals for approval under All Com. actions
• Correction to Liability per Lease report - include from Posting Setup if applicable
• Fixed the issue of RoU report not picking the correct Period End date on initial load
• Added Lease No. to Purchase Credit memos
• Changed sorting for when Depreciation and Expiration are in the same month - previously generated an error
• The Purchase Line check for Variance now checks the full calendar month instead of a single document date
• Included additional guidance for Lease No. and Fixed Asset No. assignments. Covers already assigned, assigned to different
• Fixed the situation when FX migration was not reflecting correctly on Lease Liability if selected to post 1 day prior
• Fixed the issue when the liability schedule recalculation did not refresh the first row if the lease was already activated
• Fixed issue with Include Remeasurements option in Maturity Analysis report

101.1.28.0 - hotfix

• Solved issue where with sufficient permissions Purchase Invoice did not open until Lease Setup was initialized.

101.2.28.0 - hotfix and bugfixes

• Fixed issue with Posting with Journal - applying filter when not needed.
• Schedule vs GL Compare - RoU taking incorrect FX rate (Newest available instead of Historical)
• Posting to Journal with currencies - corrected where everything is done within one run.

101.3.28.0 - bugfixes

• Fixed issue when trying to terminate more than 1 lease via Journal
• Reworked Journal posting with Fixed Assets - applied priority list so entries gets sorted so FA posting do not crash (main error with Book Value <0)
• Reverse Termination/Expiration with FA now guides you to Journal if system set up so.
• Depreciation Ending Date not filling up with specific Lease Setup combination
• Reversals of Termination/Expiration via FA gets marked “Reversed by Soft4”

101.4.28.0 - hotfix

• Fixed translation files - broke on posting in different languages. EN is default
• Added flag if Soft4Lessee should be used in company. Affects all events so they don't misfire

101.5.28.0 - hotfix

• Added Upgrade logic to enable the flag for existing companies.

101.7.28.0 - bugfix

• Migration FX calculation fixes during Activation
• Multiple migration activations with FA fixed
• Improved Reversal of Termination with FA with Reversed flags.
• Fixed Partial Termination with currencies or FA not working.

101.8.28.0 - bugfix

Bugs

• Reverse Termination with FA - apply correct entry order.
• Apply Source Currency Code and Amount now applicable to all entries.
• Reverse Termination - resetting schedules and dates correctly.
• Issues with CalcDate and >4 digits number of months.
• Posting monthly to Journal does not fake hit Warning Log with “Liability not posted”.

Improvements

• Posting Check - now displays progress bar.
• Added limitation on Lease Agreement change to Lease No. if open G/L Entries are posted.
• Correct Currency rounding picked for Local currency instead of Lease Currency.

101.9.28.0 - bugfix

Bugs

• Reverse Termination/Expiration no longer asks for an FA Journal Setup when the company doesn’t keep the RoU asset as a Fixed Asset. Before, it stopped with “No FA journal setup found…”.
• Reverse Termination/Expiration on leases without Fixed Assets now sets the lease back to Active. Before, it stayed Expired/Terminated.
• Posting journals for other depreciation books, or without an FA Journal Setup, is no longer blocked by Soft4Lessee.
• Reverse Activation now clears the Fixed Asset’s Inactive flag, so its FA entries can be reversed.
• Source Currency for LCY leases: the Source Currency Code is blank again. The 101.8 change that filled in the LCY code broke Fixed Asset posting.
• FA disposal postings: the Source Currency Amount now goes only on the entry that carries the full amount, not on the Gain/Loss legs.
• The Lease Agreement card refreshes after a reversal and shows the restored status straight away.

101.10.28.0 - hotfix

Bugs

• General Journal batches now clear after posting when the FA Journal Setup uses the same Journal Template or Batch name.
• Lease activation and partial-month termination checks in the journal now find the lease by Lease No. instead of Document No.

101.11.28.0 - bugfixes and improvements

Bugs

• Leases with the local currency code as Lease Currency: if there is no exchange rate on or before the Commencement Date, the code is cleared to blank and the lease is treated as LCY. The card shows a message, and Batch Commit does the same. Rate lookups for LCY leases now use factor 1.
• Fixed migration activations being rejected as unbalanced. Migration reversal lines don’t carry a Lease No., so the balance is now checked per Document No. within the batch.
• Schedule vs G/L Compare now takes the maturity exchange rate from the day before the first open period.
• Upgrade no longer forces Interest Calculation Type to Power Formula.

Improvements

• RoU Asset Report (Consolidated) now works in any language. A new Report Line field on RoU Asset Report Setup and Conf. RoU Report Template tells the Excel layout which line each row feeds. Before, the layout matched on translated Calculation Type and source code text, so it broke in non-English languages. Existing setups are filled in automatically on upgrade, and Lithuanian translations were added.
• Updated report layouts: IFRS16 layout, Liability Report Consolidated, Liability per Lease, RoU per Lease, RoU Asset Report Consolidated.

101.12.28.0 - bugfixes and improvements

Bugs

• “All entries to Journal”: Liability and RoU schedules are now marked as posted when there is no interest or depreciation. The payment line marks the period it falls in.
• “All entries to Journal”: periods with nothing to post (zero interest, zero depreciation, no payment) are now marked as posted at the end of the Monthly Run. Before, the next month’s run stopped on unposted earlier periods.
• Reverse Expiration/Termination with “All entries to Journal”: after the FA journal is posted, the lease goes back to Active and the Fixed Asset stays active. Before, the lease stayed Expired and the FA was set Inactive again.
• Liability / RoU Asset Projection (All Com.):
  • Page now shows the new data after Refresh (was empty or stale until reopened).
  • A month without schedule rows no longer drops all later periods for that company.
  • Period Start now has a default value.
  • RoU Asset Projection (All Com.) can now be found through search.

Improvements / process changes

• RoU asset can no longer go negative on remeasurement (IFRS 16.39). If a modification lowers the lease liability by more than the RoU asset’s carrying amount, the RoU asset goes down to zero. The rest is posted to profit or loss on the Gain on ROU Modification account. A new column, Remeas. Excess to P&L, on the RoU Asset Schedule shows that amount. FX difference is calculated only on the part that went to the RoU asset.
• Posting into a locked period now creates one G/L transaction per month. With Use Posting Date Overwrite, several locked months moved to “Allow Posting From” used to share one G/L transaction, so reversing one month reversed them all. Each month now gets its own transaction. For transactions already merged this way, Reverse G/L Postings (lease and sublease) reverses only that period’s entries, entry by entry.
• Dimensions: all dimensions are now carried through, not only the global ones.
  • Amount Split: entries have their own dimension set, with Shortcut Dimensions 3–8 and a Dimensions action on the entries page. Split lines post the lease’s dimensions plus the entry’s own; reversing lines post the lease’s full dimension set (previously only Dimension 1 and 2). Existing entries are filled in automatically on upgrade.
  • Reclassify Lease by Dimensions: the request page has Shortcut Dimensions 1–8 and a full Dimensions editor, pre-filled from the lease. Dimension combinations are checked.
  • Fixed Asset: the linked Fixed Asset’s dimensions now follow the lease whenever its dimensions change (reclassification, card or list edit, Batch Commit).
• Lithuanian translations completed.