Our clients and partners
Automating month-end close is easy and simple with Konsolidators online software. You get a standardized and simple solution that contains all elements for financial consolidation.
Instead of struggling with a time-consuming manual process in Excel you can automate the full process and cut process time to just minutes. Some user report doing consolidations in just 7 minutes using Konsolidator!
Consolidation of group and sub-groups in Konsolidator® includes:
The new leasing standard IFRS 16 which has now replaced IAS 17 took effect from 1 January 2019. The standard introduces changes primarily for the lessee; there is little change for the lessor.
Under IFRS 16, the lessee no longer applies the distinction between finance leases and operating leases to its accounting and instead applies the principle of right-of-use assets. All lease liabilities must be recognised, regardless of the type of lease.
Under the simplified approach, it is possible to exempt leases that are low value and short term, which according to the interpretation means leases that refer to assets with a value of less than EUR 5,000 and leases that have a remaining term of twelve months or less.
This standard is based on the view that the lessee has a right to use an asset for a specific period of time and also an obligation to pay for this right.
Email: [email protected]
Phone: 08-124 568 00
Address:
Leasify AB
Blekholmstorget 30F
111 64 Stockholm
Organization number: 556957-5375