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The CCH Tagetik Lease Accounting solution addresses the new lease accounting rules including International standards IFRS 16 and ASC 840 and 842. Let's discover the main features.

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The core capabilities will drive you to get IFRS 16 and ASC 842 compliant journals

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creating a complete lease repository of any kind of asset class, easily integrating existing lease management software and sending posting to the general ledgers.

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Moreover the CCH Tagetik platform allows you to manage planning scenarios and provide proper tools for reporting and auditing purposes.

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CCH Tagetik Lease Accounting is a ready-to-use solution which includes a predefined chart of accounts and double entries accounting logic, 

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an end-to-end operative workflow management to guide users in all their activities, all possible approaches to handle transition management,

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an analytical reporting layer to browse data at asset level, standard format to massively and easely capture data from external systems.

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As a result you can quickly set up your preferences, capture your lease data and catch all of your results.

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Let's see what is the CCH Tageitk approach. CCH Tagetik Lease Accounting works alongside existing accounting processes with which it can easily interact 

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in order to exploit existing lease data. At the same time it can be used as a standalone entry point, by using its data entry capabilities. 

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Strong data validation guarantees to import consistent and coherent lease data, while its powerful engine delivers postings, disclosure and reporting to different layers.

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As a result this ERP independent approach allows to simplify and standardize both group-wide and individual implementing scenarios.

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By using this non disruptive approach, you can eliminate unreliable custom tools, 

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risky inefficient manual tasks, and speed up implementation leveraging the prepackaged contents.

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Why are we the right partner for your lease accounting?

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CCH Tagetik has a reliable and extensive roadmap for many IFRS standards, thanks to its experience with more than 200 customers on lease accounting.

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You can cover your lease accounting process end-to-end, from lease data capture to postings release and disclosure, ready to use both on cloud and on-premise.

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To learn more about our lease accounting Community contact us today or go to our website to hear what our customers accomplished with CCH Tagetik.