What is new in FMIS Lease Accounting version 12.47

FMIS Lease Accounting version 12.47 includes reporting and import performance improvements, together with additional support for defined data-conversion scenarios.

FMIS Lease Accounting version 12.47 product update

Written by: John de Robeck • Published: September 17, 2026 • Updated: September 17, 2026

FMIS Lease Accounting version 12.47 includes reporting and import performance improvements, with particular relevance to organisations managing larger lease portfolios. The release also adds support for defined data-conversion scenarios and further SAML 2.0 single sign-on controls.

FMIS Lease Accounting version 12.47 at a glance

Reporting: performance improvements cover several commonly used lease accounting reports
Imports: processing has been updated for new leases, lease adjustments and terminations
Data conversion: a new setting supports defined conversion scenarios without creating values in the conversion period
Access: additional SAML 2.0 controls support single sign-on-only access

What has changed in FMIS Lease Accounting version 12.47?

Which lease accounting reports have been updated?

Version 12.47 includes performance changes to the Lease Summary, Lease Details, Future Payments and Payments by Year reports.

The changes are intended to improve report performance where the system contains a high volume of leases. This should reduce the time spent waiting for information during routine review and reporting, although the effect will vary according to the size of the lease portfolio and the customer environment.

How has lease import processing changed?

The import processes for new leases, lease adjustments and terminations have been updated to improve performance when customers load larger volumes of lease information.

This is relevant during initial implementation and in ongoing use. Finance teams may need to add new contracts in bulk, apply adjustments across existing records or process terminations as part of a wider portfolio update.

What support has been added for lease data conversion?

A new Data Conversion Liability Start Date (No Interest) setting has been added to Lease Settings. It is intended for defined conversion scenarios, including the initial setup of a new company or the transfer of leases following a company merger.

Where a lease has a liability start date that matches the configured date, FMIS treats it as a transition lease. The system does not create a brought-forward liability, charge interest in the conversion period or generate the normal period values for that month.

This provides a controlled way to bring relevant leases into FMIS without creating values that do not belong in the conversion period. Because the setting affects opening balances and period calculations, it should form part of the agreed data-conversion approach.

What are the new SAML single sign-on options?

Customers using SAML 2.0 can now configure FMIS to restrict users to single sign-on only. Enabling this option removes the username and password fields from the login screen and hides the password field on user records.

Organisations can also remove the standard SSO login button so that FMIS can only be accessed through a URL supplied by a third-party application, such as the organisation’s identity provider. These options support organisations that want authentication to follow their central identity and access policies.

What are the practical benefits of the Lease Accounting update?

Less time waiting for commonly used reports when working with higher lease volumes.
More efficient bulk processing for lease imports, adjustments and terminations.
A defined approach to specific data conversions during company setup or restructuring.
Greater access control for SAML-based authentication.

Who will benefit from these changes?

The performance changes are most relevant to organisations with larger lease portfolios or regular bulk import requirements. The data-conversion option will be useful in more specific circumstances, particularly during implementation or company restructuring. The access changes will also be relevant to system administrators managing authentication through a central identity platform.

About FMIS Lease Accounting

FMIS Lease Accounting helps finance teams maintain lease data, calculate right-of-use assets and lease liabilities, process adjustments and terminations, and produce reporting to support IFRS 16 and ASC 842 requirements. It can be used as a standalone system or alongside wider FMIS and accounting applications.

Frequently asked questions

Which reports are covered by the performance changes?

The release notes identify the Lease Summary, Lease Details, Future Payments and Payments by Year reports.

Which lease imports have been updated?

The changes cover imports for new leases, lease adjustments and terminations.

What is the Data Conversion Liability Start Date (No Interest) setting?

It is a setting for defined conversion scenarios. When a lease liability starts on the configured date, FMIS treats it as a transition lease and does not create brought-forward liability, interest or normal period values for that conversion month.

Find out more about FMIS Lease Accounting

Existing FMIS customers can contact the FMIS support team for more information about version 12.47 and the appropriate upgrade route. Organisations considering FMIS can find out more about FMIS Lease Accounting or arrange a product demonstration.