The OneLease Reports are hosted by a different application accessible from our existing Nomos One platform. In this article, we're showing you how you can access them.
Please note: By default, OneLease will open the same Organisation that you are working from in Nomos One. If you want to run the OneLease Reports for a different Organisation, you can use the Organisation Selector to switch between the Organisations you have access to. Note that changing Organisations in OneLease does not change your active Organisation in Nomos One.
If you're having any trouble, or have run into an issue accessing the OneLease Reports, please reach out to our Support Team who will be able to help you.
Accessing the OneLease Reports
To access the OneLease Reports:
- Log in to Nomos One and navigate to your Organisation.
- Select “Reports”.
- In the top right corner, click “Use OneLease Reporting”.
- This will open a second tab in your browser, displaying the OneLease Reports, which can be run concurrently with the regular Nomos One application in another tab. If you have not accessed OneLease before, you will be prompted to log in.
If you don't see the Reports, click your initials in the bottom left corner of the page and log out. Log back in with your credentials, and the Reports should be available. If the issue persists, get in touch with us at support@nomosone.com.
If this is your first time logging in, and you have access to more than one Organisation in Nomos One, you will be prompted to pick which Organisation you want to view data for in OneLease. Simply choose the desired Organisation from the drop-down menu, and click “Pick Organisation” to be directed to the Reporting page. This also applies if you have recently cleared your browser's cache.
- In the Reporting tab, click on the financial report you want to run. You are now able to access the OneLease reports.
Not seeing the Use OneLease Reporting button? Take a screenshot of your screen and send it through to us at support@nomosone.com and we'll be able to investigate this for you.
What Financial Reports are available?
There are six financial reports currently available in OneLease. All are focused on IFRS 16 information.
Agreement Balances Report
The Agreement Balances Report is designed to give a breakdown of the Right of Use Asset and Lease Liability accounts by Agreement, along with the movements in these accounts for a given period. It can be used to review agreement-level summary results, helping to identify potential data issues or unusual changes; for example, why an Agreement's asset balance has changed significantly from one period to the next.
This report is exclusive to OneLease.
Journal Report
The Journal Report in OneLease provides a detailed account of financial transactions by Agreement. It can be used to compare a previously posted journal with the current journal generated in Nomos One, helping to identify any missing adjustment movements or variances between the two.
Disclosure Report
The Disclosure Report in OneLease provides a summary of your total lease commitment for all Agreements in your Organisation, including Right of Use Asset and Lease Liability balances for a selected period. It also includes the maturity analysis, presenting undiscounted Lease Liability by time-band, and the split between current and non-current Lease Liabilities. It can be used to support audit reviews and internal reporting by providing a clear and consistent view of lease obligations and future commitments.
Financial Statements Report
The Financial Statements Report in OneLease provides a high level overview of your portfolio's performance and position for a specified period of time. It supports IFRS 16 financial reporting by providing the key figures required for the balance sheet, income statement, and cash flow statement, including Right of Use Assets, Lease Liabilities, depreciation, interest, and related cash flow amounts. This report is particularly useful during month-end and year-end close, audit preparation, and management reporting, as it allows users to analyse movements between periods and clearly understand the financial impact of leases within an Organisation.
Interest Rates Summary Report
The Interest Rates Summary Report displays the Interest Rate that was applied at the Commencement or Transition Date of your Agreements, the current Interest Rate, and the rate immediately preceding your current Interest Rate. It can be used to quickly identify any errors in IFRS 16 interest rates, which can then be reviewed and updated as required.
This report is exclusive to OneLease.
IFRS Settings Report
The IFRS Settings Report displays the IFRS 16 judgments applied across your Agreements, whether it be from the Initial IFRS 16 Questionnaire or the IFRS Settings Change Questionnaire. It can be used to validate that current system data reflects changes identified during reconciliation. For example, if a reconciliation highlights a missing adjustment, such as a lease term increase, this report allows you to verify the IFRS update, review its timing, and confirm what changes were made before updating the Agreement if necessary.
This report is exclusive to OneLease.
What Payment Reports are available?
Please note: Our Payment Reports section is still under development.
Currently, the Universal Payment Report is only visible for select customers, so you may not see it available in your view of the system. If you believe the report would be useful for your company's accounting practices, please reach out to your Account Manager or our Support Team (support@nomosone.com) to discuss further.
The Universal Payment Report
The Universal Payment Report has been built to produce transactional payment data in a format that can be easily read by accounting software. The report pulls payment information from your Agreements, including IFRS Component and Non IFRS Component Payments. For more information on this report, please refer to this article.
Nomos One does not provide or purport to provide any accounting, financial, tax, legal or any professional advice, nor does Nomos One purport to offer a financial product or service. Nomos One is not responsible or liable for any claim, loss, damage, costs or expenses resulting from your use of or reliance on these resource materials. It is your responsibility to obtain accounting, financial, legal and taxation advice to ensure your use of the Nomos One system meets your individual requirements.