{"id":7869,"date":"2026-10-12T13:19:35","date_gmt":"2026-10-12T12:19:35","guid":{"rendered":"https:\/\/sharecontrol.io\/products\/ifrs-16-system\/"},"modified":"2026-10-13T11:47:48","modified_gmt":"2026-10-13T10:47:48","slug":"ifrs-16-system","status":"publish","type":"page","link":"https:\/\/sharecontrol.io\/en\/products\/ifrs-16-system\/","title":{"rendered":"IFRS 16 lease accounting software built on Microsoft 365"},"content":{"rendered":"
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IFRS 16 Software<\/a><\/div>\n<\/div>\n\n\n\n

IFRS 16-system bygget p\u00e5 din egen Microsoft 365<\/h1>\n\n\n\n

ShareControl IFRS 16 automates lease accounting under IFRS 16 \u2014 right-of-use asset, lease liability, depreciation, interest expense, and notes \u2014 without moving data out of your Microsoft 365 environment.<\/p>\n\n\n

\n\nBook a demo<\/a>\n\n<\/div>\n<\/div><\/div>\n\n
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In Short:<\/strong> ShareControl IFRS 16 is an IFRS 16 solution that lives directly within the company’s existing Microsoft 365 tenant. The solution is installed as a SharePoint add-on on the customer’s own Microsoft 365 platform and handles the entire lifecycle of a lease \u2014 from identification and classification, through calculation of the right-of-use asset and lease liability, to audit-ready reporting and notes to the annual accounts. All data remains in the customer’s own tenant, and the solution fully inherits Microsoft 365’s security, access, and logging regime. This means no external SaaS storage and no new data processing agreement beyond the one the customer already has with Microsoft. <\/p>\n\n<\/div>\n<\/div>

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BENEFITS<\/p>\n\n\n\n

Here’s how ShareControl IFRS 16 delivers concrete benefits<\/h2>\n\n\n\n

IFRS 16 places strict demands on consistency, traceability, and remeasurement \u2014 demands that become difficult to meet in spreadsheets as the number of leases grows. Each benefit below addresses a concrete challenge in the finance department’s IFRS 16 work and how ShareControl IFRS 16 solves it. <\/p>\n\n<\/div><\/div>\n\n

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OPERATIONAL BENEFIT<\/p>\n\n\n\n

Full control over what counts as a lease<\/h3>\n\n\n\n

Challenge:<\/strong> With leases spread across departments, local offices, and supplier portals, identification and classification become a manual review that must be repeated every time new contracts are entered into.<\/p>\n\n\n\n

Solution:<\/strong> A central archive in SharePoint with standardized assessment templates and guided classification (in-scope, short-term, low-value) \u2014 so you avoid scattered documentation, inconsistent assessments across companies, and a lack of overview of what has actually been recognized.<\/p>\n\n<\/div>\n\n

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FINANCIAL BENEFIT<\/p>\n\n\n\n

Correct recognition from day one<\/h3>\n\n\n\n

Challenge: For every new lease, the discount rate, lease term, and present value must be set manually, and the initial entries set up in Excel \u2014 with the risk of errors that propagate throughout the entire lease term.<\/p>\n\n\n\n

Solution:<\/strong> Standardized input fields with a built-in calculation engine for present value, right-of-use asset, and lease liability \u2014 so you avoid inconsistent assumptions, errors in opening entries, and calculation discrepancies that are only discovered later.<\/p>\n\n<\/div>\n\n

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FINANCIAL BENEFIT<\/p>\n\n\n\n

Quarter-end close without manual reconciliations<\/h3>\n\n\n\n

Challenge:<\/strong> With 50+ lease agreements, monthly depreciation, interest and payment allocation becomes a recurring manual exercise that ties up resources in the finance department and must be repeated every period.<\/p>\n\n\n\n

Solution:<\/strong> Automatic period allocation via ShareControl’s calculation engine, with ready-made journal entries prepared for the general ledger \u2014 so you avoid manual monthly calculations, duplicated work against the ERP and lengthy quarter-end reconciliations.<\/p>\n\n<\/div>\n\n

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FINANCIAL BENEFIT<\/p>\n\n\n\n

Changes handled correctly every time<\/h3>\n\n\n\n

Challenge:<\/strong> Index adjustments, option exercises, renegotiations and modifications each require different accounting treatment \u2014 in Excel this produces accumulated errors that only surface at the quarterly reconciliation or during audit.<\/p>\n\n\n\n

Solution:<\/strong> Change-driven remeasurement that separates reassessments from modifications and generates correct journal entries automatically \u2014 so you avoid misclassification, retrospective corrections and inconsistent treatment across lease agreements.<\/p>\n\n<\/div>\n\n

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GROUP BENEFIT<\/p>\n\n\n\n

Consolidated accounts without manual mapping<\/h3>\n\n\n\n

Challenge:<\/strong> I In groups with multiple currencies and different posting logic per subsidiary, consolidation requires manual translation, mapping and reconciliation every period \u2014 with the risk of discrepancies that only get closed at year-end.<\/p>\n\n\n\n

Solution:<\/strong> A shared data model across companies and automatic currency translation via bank API for exchange rates \u2014 so you avoid inconsistent classification across subsidiaries, manual FX handling and discrepancies between company and group.<\/p>\n\n<\/div>\n\n

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COMPLIANCE BENEFIT<\/p>\n\n\n\n

Correct errors without reopening a locked accounting period<\/h3>\n\n\n\n

Challenge:<\/strong> When a change or correction to a lease agreement relates to a period that is already locked, the accounting department must choose between reopening the locked period or making an imprecise adjustment in the open period \u2014 both options have consequences for audit and control.<\/p>\n\n\n\n

Solution:<\/strong> The Accounting Date feature in ShareControl IFRS 16 lets you make correct changes from the date they actually occur, calculate the accumulated effect correctly, and post the result in the open period \u2014 so you avoid reopening locked periods, manual corrections and discrepancies between IFRS 16 data and the general ledger.<\/p>\n\n<\/div>\n\n

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REPORTING BENEFIT<\/p>\n\n\n\n

Notes and maturity analysis ready for the annual accounts<\/h3>\n\n\n\n

Challenge:<\/strong> At quarter-end and year-end, the maturity analysis, disclosure tables and qualitative note disclosures must be assembled from multiple sources, often under a tight deadline and with high demands for consistency.<\/p>\n\n\n\n

Solution:<\/strong> Built-in templates for IFRS 16 notes, an automatically generated maturity analysis and disclosure tables drawn directly from the lease data \u2014 so you avoid manual assembly, formatting errors and discrepancies between notes and accounts.<\/p>\n\n<\/div>\n\n

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AUDIT BENEFIT<\/p>\n\n\n\n

Audit-ready documentation at all times<\/h3>\n\n\n\n

Challenge:<\/strong> Across multiple periods, change history, judgements and calculation bases must be reconstructable on the auditor’s request \u2014 often from scattered emails, versioned spreadsheets and personal notes.<\/p>\n\n\n\n

Solution:<\/strong> A complete audit trail in SharePoint with a version log on all changes and traceability from note figures back to the source document \u2014 so you avoid reconstructing history under time pressure, conflicting versions and unresolved audit findings.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>

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CUSTOMERS<\/p>\n\n\n\n

Companies that use ShareControl IFRS 16<\/h2>\n\n\n\n

A selection of the customers that have chosen ShareControl IFRS 16 for their IFRS reporting. What the portfolio has in common is that it covers both listed groups and large private enterprises, with lease agreements in multiple currencies and jurisdictions. <\/p>\n\n<\/div><\/div>\n\n

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<\/path><\/svg><\/span>See all customer cases<\/strong><\/span><\/a><\/span><\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>

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THE LEASING PROCESS<\/p>\n\n\n\n

How ShareControl IFRS 16 supports the lease workflow<\/h2>\n\n\n\n

The IFRS 16 process follows a recognizable lifecycle for each lease agreement, from identification at contract inception to note disclosures at year-end. ShareControl IFRS 16 is built around this lifecycle in five steps, so that the CFO, group accounting manager, accounting manager, finance team and controller recognize their own work and see exactly where the system takes over manual tasks. <\/p>\n\n<\/div><\/div>\n\n

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1<\/p>\n\n\n\n

Registration and classification of new lease agreements<\/h3>\n\n<\/div>\n\n
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2<\/p>\n\n\n\n

Interest rate determination, contract changes and revised judgements<\/h3>\n\n<\/div>\n\n
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3<\/p>\n\n\n\n

Internal controls, adjustments and automatic calculations<\/h3>\n\n<\/div>\n\n
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4<\/p>\n\n\n\n

Consolidation, reconciliation and presentation in the accounts<\/h3>\n\n<\/div>\n\n
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5<\/p>\n\n\n\n

Analysis, reports and note disclosures<\/h3>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>
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Step 1<\/p>\n\n\n\n

Registration and classification of new lease agreements<\/h2>\n\n\n\n

The first step in the IFRS 16 process is to assess whether a contract contains a lease, and then to classify it according to the standard’s criteria for an “identified asset” and the “right to control the use.” The classification determines whether the agreement is recognized on the balance sheet or treated as an exemption \u2014 short-term (under 12 months) or low-value. <\/p>\n\n\n\n

WHAT SHARECONTROL IFRS 16 HANDLES<\/p>\n\n\n\n