Lease changes now post to your ledger

Modifications, impairments, impairment reversals and early terminations now flow into your journals, exports and Xero postings, each on its own date.

Each batch also moves the part of the lease liability due after more than one year into Lease Liability (Non-Current), so your trial balance matches the disclosure notes. Map any new accounts under GL Mappings first; if one is missing, a Xero sync stops and tells you which.

Recording changes is also simpler. You can now record an exercised renewal or break option, and reverse an impairment. If a change falls in a month you have already posted, or in a closed financial year, Lease102 asks you to confirm and records your answer in the audit trail.