Lease Accounting System
ESSEX COUNTY COUNCIL · awarded 23 October 2024 · delivered in East of England
Who
| Buyer | ESSEX COUNTY COUNCIL Chelmsford |
|---|---|
| Supplier |
IRIS Software Limited |
| Category | services |
| Classification | Accounting system CPV 48444000 |
| Notice published | 31 October 2024 |
What it is for
A software system that has the functionality to hold details of the Council's leasing arrangements where the Council is either lessee or lessor. The system will need to calculate the year end lease accounting entries (journals) such as recognition of lease liabilities and Right Of Use remeasurement of lease liabilities, write down of lease liabilities. The system will need to be compliant with the requirements of the International Financial Reporting Standard 16 (IFRS16) for local authorities. Awarded via G-Cloud 13.
Read the original award notice on Contracts Finder →
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