Lease Register

What the lease register holds

The AuditLease lease register captures all the data required to account for a lease under IFRS 16 or FRS 102:

• Lease identification: reference, description, underlying asset, legal entity
• Key dates: commencement date, end date, and option dates
• Payment terms: base payment, frequency, timing, escalation type and rate
• Discount rate and IBR with documented reasoning
• Lease term determination with option assessments
• Exemption decisions: short-term and low-value with documented rationale
• Initial direct costs, prepayments, and restoration provisions
• Supporting documents and lease agreements

Audit trail

Every change to a lease record is logged. The audit trail records what changed, when, and by whom. Calculation runs are immutable — once a calculation is complete and journals are posted, the underlying run cannot be altered. Changes require a new version.

This means your auditor can trace every balance in the financial statements back to the calculation that produced it, and every calculation back to the lease data it was based on.

Exports

The lease register can be exported in multiple formats for use in the audit file or for reporting:

• Excel: full lease register with amortisation schedules, suitable for inclusion in the audit file
• CSV: machine-readable export for use in consolidation or GL import
• Statutory note: Excel workbook containing the full IFRS 16 or FRS 102 disclosure ready for inclusion in the financial statements

Exports are available on paid plans. Free plan users can preview report outputs.