Lease Accounting System
This is a contract result notice, not an open opportunity. Details from the official award data.
This sits in the upper-middle of the Software & IT Systems band — a substantial contract for the sector. Based on 30,286 valued Software & IT Systems tenders in our corpus.
A software system that has the functionality to hold details of the Council's leasing arrangements where the Council is either lessee or lessor.
The system will need to calculate the year end lease accounting entries (journals) such as recognition of lease liabilities and Right Of Use remeasurement of lease liabilities, write down of lease liabilities.
The system will need to be compliant with the requirements of the International Financial Reporting Standard 16 (IFRS16) for local authorities.
Awarded via G-Cloud 13.
What the supplier must deliver
The system will need to calculate
The system will need to calculate the year end lease accounting entries (journals) such as recognition of lease liabilities and Right Of Use remeasurement of lease liabilities, write down of lease liabilities.
The system will need to be compliant
The system will need to be compliant with the requirements of the International Financial Reporting Standard 16 (IFRS16) for local authorities.
Derived from the notice text — always confirm against the original documents.
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- OCID
- cc7bafac-a94a-4d62-8152-c0057ab7a523
- Stage
- contract · Contract
- Source
- Contracts Finder
- Buyer ref
- CO0567
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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