Getting Started with EZLease

Welcome to the EZLease - the fast and simple way to get compliant! Below are a few training videos that walk new clients through the basics of configuring and using EZLease. These training sessions are tailored for clients that report under the IFRS 16 lease accounting standard; however, most of the concepts and configurations discussed in these videos also apply to ASC 842 and GASB 87.

You can find additional information on setting up EZLease here: EZLease Quick-start guide

Session 1 - Setting system options (IFRS 16)

In this video:

Setting up your:

• Regional Settings - 00:35

• Selections tab - 01:32

• Fiscal dates tab - 02:11

• New Standard tab - 02:49

• User-defined fields (UDFs), including executory costs and non-lease components - 04:20

• Creating lists for UDFs - 05:51

• Setting up your chart of accounts (Account codes) - 06:28

Session 2 - Adding your leases (IFRS 16)

In this video:

• Add or delete leases - 00:26

• Load lease into user interface - 01:16

• Term/Options tab - Early termination/ Month-to-month/ Lessee benefit on sale of asset/ Renewals/ Impairments- 05:04

• Explain the bulk upload template - 07:32 Load leases by bulk upload - 10:52

• Use of prorate function on upload dialog box for mid-month rent - 11:39

Session 3 - Lease Administration (IFRS 16)

In this video:

Setting up User-defined fields (UDFs) for lease management - 01:13

Bulk uploading descriptive changes - 4:16

End of Term – Using Expiry Report - 05:54

Account Payable Reconciliation – using Current Rent Report - 08:45