Lease Accounting System

Award

Buyers

Value

£95,378

Suppliers

Classifications

  • Accounting system

Tags

  • award

Submission Deadline

1 month ago

Published

3 weeks ago

Description

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.

Documents

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  • Contract Agreement

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  • Award Notice

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Organisation

Essex County Council

Regional or local authority

George Knight

[email protected]

Timeline complete

Publish
Bid
Evaluate
Award
Complete