Organizing Leases
Organise leases into portfolios for easier management and reporting. A portfolio can represent a location, an asset class, a department, or, on the Practice tier, a single client of your firm.
Creating Portfolios
Group leases by location, asset class, department, or client. Accountancy firms on the Practice tier give each client its own portfolio so engagements stay cleanly separated under one login.
Per-Portfolio Entity Settings
Each portfolio can override organisation-level defaults so every client looks right to its own auditor. Leave a field blank to inherit the organisation setting.
| Setting | Drives | Blank means |
|---|---|---|
| Fiscal year end month | Transition date and period-to-year-end depreciation | Inherit organisation fiscal year end |
| FRS 102 jurisdiction | GB / IE / parent disclosure templates and peppercorn rules | Inherit organisation jurisdiction |
| Credit profile | OBR suggested-rate calculation | Inherit organisation credit profile |
Settings Are Snapshotted at Commencement
When a lease is created, the effective fiscal year end, jurisdiction, and credit profile are captured onto the lease. Changing a portfolio setting later affects only leases created after the change. Historical disclosure dates and rates stay stable, which keeps the audit trail consistent.
Changing a client's fiscal year end
Other Portfolio Defaults
Each portfolio can also set a default discount rate type and discount rate, currency, and country for new leases.