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Can NAV 2016 handle Operating lease for medical equipment ? What will be the accounting treatments ? Is there a link that will educate me ?
Thanks.
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Hi
Can NAV 2016 handle Operating lease for medical equipment ? What will be the accounting treatments ? Is there a link that will educate me ?
Thanks.
*This post is locked for comments
Hi Nasankar,
Starting from January 1, 2019, operating leases will need to be accounted on your accounting books. As a standard, NAV 2016 does not have such capabilities, you either need to handle those in Excel (might check a free excel calculator on Soft4Lessee page, if you have just a few leases - [View:https://soft4lessee.com/downloads/ifrs16-lease-accounting-calculator/:750:50]), or to get some more sophisticated software - being a NAV user you can benefit from Soft4Lessee, which is a certified NAV addon, available for NAV 2013 to 2018 and BC - www.Soft4Lessee.com.
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