Specialist Lease
Accounting Software
Manage lease liabilities, ROU assets, and reporting in line with IFRS 16, ASC 842, and FRS 102.
Who uses FMIS?
Trusted by finance teams in over 40 countries.
Why FMIS?
Lease Accounting for finance teams
FMIS Lease Accounting software is designed to support compliance, control, and audit readiness. It supports the full lease lifecycle, from initial recognition through to adjustments, remeasurements, and termination, with all calculations and outputs structured for audit and compliance. Leases are managed alongside right-of-use assets within the same environment. This ensures that liability, asset values, depreciation, and reporting remain aligned, without the need for manual reconciliation between systems.
IFRS 16, ASC 842, and FRS 102 compliance
FMIS supports IFRS 16, ASC 842, and FRS 102, with calculations and reporting structured to meet the requirements of each standard. Lease liabilities, interest, and ROU asset values are handled consistently, providing a clear and auditable basis for financial reporting.
Automated calculations with clear auditability
Lease liabilities, interest, and ROU asset values are calculated automatically based on defined inputs and accounting standards. Each calculation is transparent and traceable, supporting audit requirements and reducing reliance on spreadsheets.
Integrated ROU asset management
Leases can be linked directly to the Fixed Assets module, allowing ROU assets to be created, updated, and depreciated alongside the lease. Adjustments to leases are reflected in asset values, maintaining consistency across financial records.
Handles adjustments, remeasurements, and terminations
Changes to lease terms, payments, or rates can be applied through structured adjustments. The system recalculates values from the effective date and maintains version history, providing a clear record of changes over time.
Reporting and visibility
A range of configurable reports is available, including lease summaries, future payments, reconciliation, and period-based values. Outputs are designed to support month-end processes, audit preparation, and financial review.
Controlled access through flexible user groups
Users can be added or removed as required, with access defined through configurable user groups. This ensures individuals only see the information relevant to their role, supporting consistent control across the system while maintaining a clear and auditable structure.
More asset management solutions
FMIS Fixed Asset Management forms part of a wider suite of interconnected asset management modules. This allows organisations to select the areas they need now, while maintaining a consistent approach across finance and operational processes as requirements change.
Asset Tracking
Maintain a clear and accurate record of assets across locations, users, and departments. Barcode and mobile tools support day-to-day updates and help keep the asset register aligned with actual usage.
Fixed Asset Management
Manage asset registers, depreciation, and lifecycle events within a structured system designed for financial control and reporting. This provides a clear audit trail, supports compliance, and ensures asset values remain accurate and aligned across the organisation.
Equipment Maintenance (CMMS)
Plan, schedule, and track maintenance activity across all equipment and operational assets. This supports a more complete view of asset lifecycle, condition, and ongoing costs.
Stock and Inventory
Track stock movements, balances, locations, and usage within a controlled inventory environment. This is particularly useful where asset management and inventory processes need to work together.
Purchase to Pay
Control purchasing from requisition through to invoice matching and approval. Linking procurement with asset and finance processes helps improve visibility and reduce duplication of effort.
All solutions
Find out more about the full FMIS Asset Management range of solutions
Security that supports compliance and assurance
FMIS follows recognised standards including ISO 27001, ISO 9001 and Cyber Essentials Plus. Combined with secure cloud hosting and multi-factor authentication, this helps ensure your data is protected and supports internal and external compliance requirements.
Pricing
FMIS offers a range of interconnected solutions within our asset management suite, allowing you to build a tailored solution to fit your organisation. This means pricing is based on your specific requirements, rather than a fixed package.
With a few details about what you are looking for, we will send a tailored estimate based on how you plan to use the system.
Book a Demo
Book a call with us using the calendar below. On this call, a consultant will answer any initial questions you have and set up a tailored demo of the system for you.
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