Bramasol, the leader in SAP Lease Administration
Compliance, Administration, Accounting, Disclosures & Reporting . Which one? Don’t choose? Bramasol and SAP leasing solutions make it all possible. With deep expertise in lease accounting, we are not only product experts, but solution experts who help you select the right solution to meet your needs. Using our LASER methodology we deliver a solution that not only complies with ASC 842 and IFRS 16, but is natively integrated with your SAP finance system (or any other) and is secure, scalable, and flexible. Check out why the Fortune 500 choose Bramasol.
THE NEW STANDARDS
On January 06, 2016, the International Accounting Standards Board (IASB) issued International Financial Reporting Standards (IFRS) 16 Leases. IFRS 16 replaces several accounting standards and interpretations including: International Accounting Standard (IAS) 17, International Finance Reporting Interpretations Committee (IFRIC) 4, Standing Interpretations Committee (SIC) 15, and SIC-27. IFRS 16 sets out the principles for the recognition, measurement, presentation and disclosure of leases.