Quadrent implements LOIS lease accounting agreement with T&G Global

Posted by Paula Macris on Oct 24, 2018 11:07:09 AM

Quadrent, providers of the LOIS SaaS lease accounting platform, is proud to announce that T&G Global have signed and are in the process of finalisation for the implementation of the LOIS solution for the transition to IFRS16.

 

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As a key New Zealand producer with over 120 years of history and a diverse range of leased assets, T&G intend to use the comprehensive LOIS accounting lease engine with data supplied from various management systems to ensure they achieve full IRFS16 compliance and all the relevant reporting required.

 

Quadrent, with numerous New Zealand and Australian clients signed, are excited to bring another key corporate towards the end of their IFRS16 journey and make them ready for actual transition.

 

 Find out more about LOIS here.

 

Topics: IFRS 16, Leases, LOIS, ifrs 16 implementation, lease accounting software