Rubli is the all-in-one lease accounting software
Discover our cloud-based, online lease accounting tool. Our platform is tailored to help finance managers and accountants with effortless, accurate, and compliant financial reporting.
To find out how your business can benefit from our lease accounting software, book a demo today.
Rubli ranks among the best in the industry
Advantages
Benefits of our lease accounting tool
Our lease accounting solution is designed to simplify compliance and enhance financial reporting for finance managers and accountants. The platform provides you with everything you need to achieve a clean audit and maintain full control over your balance sheet.
Discover the advantages of our lease accounting software and book a demo today.
Stress-free implementation
Our lease experts will transition you quickly to our platform. This includes a full recon of your opening balances to ensure no surprises at your next reporting cycle.
Flexible modelling
Incorporate a wide range of lease terms, conditions and modifications. The flexibility of our tool facilitates fast decision-making and instant results that your business can trust.
Tried and tested
Our software has been used thousands of times and received a clean audit from all the big audit firms. Detailed reports make it easy for your teams and auditors to reconcile balances and to sign off.
Flexible 1-click reporting
Export your entire IFRS 16 reporting pack at the click of a button, complete with journals, disclosures, recons and budgets. All reports are fully customisable using pivot style reporting or simply use our predefined reports.
Role-based access
Multiple users can be created with various permission levels, based on their role within your organisation. A full audit trail of all changes are stored to provide a detailed record of all changes made to financials.
Specialist, in-house support
Our lease accounting software is trusted by businesses around the world
Rubli is the go-to solution for businesses seeking accuracy and efficiency in lease accounting. Our reliable lease accounting tool simplifies complex lease accounting tasks and is trusted by businesses across industries in countries including the United Kingdom, European Union, South Africa and Australia.
Contact us to find out more about our comprehensive solutions
Features
All of your lease accounting needs covered in one solution
Rubli offers powerful tools that go beyond the requirements of lease accounting standards to transform your lease accounting practices.
Dive into the capabilities of our lease accounting software and discover how our tool can help you easily navigate the complexities of lease accounting and financial reporting.
Beyond the basics: Additional features
Multi-currency reporting
View your lease portfolio in the payment, functional or presentation currency at the click of a button.
Sale and leaseback transactions
Manage sale and leaseback transactions, and ensure accurate accounting treatment and reporting.
Easy Excel import templates
Streamline data entry with easy-to-use Excel import templates, simplifying initial setup and ongoing updates.
Approval process
Incorporate a structured approval process to enhance control and oversight over lease accounting processes.
AI powered lease terms extractor
Automatically extract and organise key lease terms from uploaded contracts, ensuring accurate, efficient data entry.
Expiry email reminders
Stay proactive with automated expiry email reminders, ensuring timely action on lease renewals or terminations.
Leased asset impairments
Accurately account for and report on leased asset impairments, maintaining compliance and financial integrity.
Single sign-on (SSO)
Enhance security and user convenience with Single Sign-On (SSO) capabilities, streamlining access across systems.
Streamlined lease accounting
Rubli covers the right accounting treatment processes for all of your leases
Our platform streamlines the lease accounting process under IFRS 16, ASC 842 and FRS 102, from recognition to disclosure. We provide you with an advanced tool that helps ensure your reporting is efficient, accurate and audit-ready, no matter the accounting standard you follow.
Recognition
Rubli helps you ensure accurate recognition of leases, allowing you to identify and record right-of-use assets and lease liabilities.
Measurement
Efficiently calculate the present value of lease payments and right-of-use asset values with our tool for precise measurement and real time calculations.
Classification
Rubli simplifies lease classification, adeptly handling all leases under multiple accounting standards, ensuring consistency and clarity in accounting treatment.
Presentation & disclosure
Rubli enhances financial statement clarity with structured presentation features, while supporting comprehensive disclosures that provide detailed insights into leasing activities and commitments.
Supported Accounting Standards
Which accounting standard do you use?
Our lease accounting solution caters to accounting standards used in a variety of regions around the world.
IFRS 16
Ensure compliance with IFRS 16 by streamlining the recognition, measurement, and reporting of lease assets and liabilities.
FRS 102
Navigate the complexities of FRS 102 with ease, using our tool to handle lease accounting under UK and Irish financial reporting standards.
ASC 842
Meet ASC 842 standards effortlessly, with automated calculations that simplify lease classification, measurement, and disclosure for U.S. GAAP compliance.
AASB 16
Simplify AASB 16 lease accounting with automated calculations, ensuring accurate recognition, measurement, and disclosure.
Start today
Transitioning to our lease accounting software
Transition smoothly to our software with our fully managed implementation process, ensuring seamless integration into your financial systems.
Our process involves assessing and integrating your existing lease data with our platform, providing a reconciliation of opening balances and initial training to take you through our tool’s capabilities and ongoing support.
To get started, book a demo with our team of specialists today.
Designed for lessor and lessee accounting
Our comprehensive software accommodates the specific accounting needs of both lessors and lessees in lease contracts. It ensures that lease contracts are accurately treated and reflected in financial statements, aligning with IFRS 16, ASC 842, and FRS 102 standards.
Our support team is also adept at assisting with any platform or technical queries of lessees and lessors associated with these standards. Book a demo to find out more.
Lessee accounting tools
Our platform ensures compliance with various standards by streamlining the accounting lifecycle—from initial recognition to termination.
It handles detailed recording and disclosure, precise calculations for liabilities, interest, and depreciation, and helps you manage short-term and low-value leases efficiently.
Lessor accounting tools
Our platform ensures compliance with multiple standards by streamlining the accounting lifecycle—from lease initiation to income recognition.
It simplifies journal entry creation, interest and rental income, and asset management, ensuring accurate financial statements and reports.
Overcome Lease Accounting Obstacles
Challenges of manual lease management and accounting
Here are key challenges businesses experienced before choosing our seamless lease accounting software.
Overwhelmed by data complexity and volume
Handling extensive and complex lease data for tens or hundreds of leases often leads to errors and inefficiencies, especially when relying on ineffective spreadsheets or outdated systems.
Error-prone data
The intricate nature of financial processes under lease accounting standards can make streamlining lease accounting procedures a daunting and error-prone endeavour.
Combining decentralised lease data
Gathering accurate lease accounting information from multiple business units is a time-consuming task.
Navigating complex accounting standards
The detailed and intricate requirements of lease accounting standards present a substantial hurdle for many businesses with a large portfolio of tangible assets.
Audit readiness
Ensuring preparedness and success in audits, especially under stringent accounting requirements, is a key concern for organisations.
Valuation and Reporting
The process of accurately valuing and reporting leases in financial statements is complex, often leading to compliance risks.
Ready to get started?
Transform your lease accounting system with Rubli
Implement effortless lease accounting with Rubli and join the long list of companies that have revolutionised their lease accounting processes with our tool tailored for various lease accounting standards. Schedule a demo now to find out more.
Blog resources
Rubli lease accounting resources
Our resources, including our IFRS 16 training hub, are valuable for businesses adopting various lease accounting standards. Explore our featured content below and explore our resources to find out more.
Mastering IFRS 16 Lessee Accounting: A Comprehensive Guide
At Rubli, our journey through the intricate landscape of IFRS 16 accounting has equipped us with a wealth of experience
The Ultimate Guide to IFRS 16: Everything You Need to Know
Welcome to the ultimate guide on IFRS 16 and its transformative impact on the realm of accounting. In the ever-evolving
13 Things To Consider When Searching For IFRS 16 Software
Companies that have to apply IFRS 16, have had their hands full with the technical application for their leases. It
FAQs
Frequently asked questions about lease accounting
What is lease accounting software?
Lease accounting software helps businesses manage and report their lease obligations in compliance with financial standards such as IFRS 16, ASC 842, and FRS 102. It streamlines or automates the calculation of lease payments, amortisation schedules, and the impact on financial statements.
This software ensures robust compliance and reporting capabilities by enhancing data management and financial accuracy. Book a demo to explore how our software can transform your lease accounting process.
Who uses lease accounting software?
Lease accounting software is primarily used by finance professionals, including accountants, financial managers, and CFOs, who are responsible for managing and reporting a company’s lease obligations. This software is crucial for organisations with significant leased assets, such as real estate, vehicles, or equipment, ensuring compliance with accounting standards.
Organisations across various industries, from retail and real estate to healthcare and government, rely on lease accounting software to simplify their financial processes and maintain accurate records.
Our lease accounting software offers specialised tools to streamline lease management, making it easier for professionals to achieve transparency and efficiency in financial reporting. Book a demo to learn more.
What is IFRS 16 in simple terms?
IFRS 16 is a global financial reporting standard that requires companies to include lease liabilities and assets on their balance sheets, offering a clearer picture of their financial obligations.
Discover how our software streamlines lease accounting and compliance under IFRS 16, ASC 842 and FRS 102. Book a demo today to enhance transparency and control over your financials.
In our lease accounting resources, we dive deep into lease accounting under IFRS 16 as well as specific resources for lessor and lessee accounting under IFRS 16
What is ASC 842 in simple terms?
ASC 842 is a U.S. lease accounting standard that focuses on transparency by requiring businesses to disclose both lease assets and liabilities, impacting financial ratios and overall financial statements.
Learn how our software simplifies compliance with ASC 842, IFRS 16, and FRS 102, offering accurate lease management and reporting. Book a demo today to streamline your lease accounting processes.
You can also learn more about ASC 842 by exploring our comprehensive lease accounting resources.
What is FRS 102 in simple terms?
FRS 102 is a financial reporting standard for small and medium-sized entities that includes specific guidelines for lease accounting, ensuring consistent and clear financial reporting.
See how our platform helps meet FRS 102 requirements alongside ASC 842 and IFRS 16, providing comprehensive tools for lease recognition, measurement, and disclosure. Book a demo today to optimise your lease accounting.
To learn more about recent changes and how they may impact your lease accounting, visit our detailed blog post which covers FRS 102 lease accounting changes.
What is an amortisation schedule?
An amortisation schedule is a table detailing each periodic payment on a loan (often a mortgage) or lease as it relates to principal and interest. For leases, it specifically shows how lease payments are apportioned between principal reduction and interest expense and the gradual decrease of the lease liability over time.
Our system automatically generates an amortisation schedule when you input your lease information, simplifying lease calculations and reporting. This ensures accurate tracking of payments, interest, and asset depreciation. Book a demo today to discover how Rubli can streamline your financial processes.
How do I calculate the amortisation schedule for my lease?
To calculate the amortisation schedule for a lease, determine the present value of future lease payments using the interest rate implicit in the lease. List each payment period, apply the interest rate to the outstanding lease liability and subtract the lease payment to reduce the liability accordingly.
Simplify your lease amortisation calculations with our lease accounting software, which streamlines these processes and ensures accuracy. Book a demo today to see how Rubli can enhance your financial reporting and compliance.