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In order to see IFRS 16 features and reports in your Organisation, certain fields need to be completed in the...
October 17th, 2023 2167 views 0 likes
The IFRS 16 Accounting and Compliance Questionnaire is where you record your initial accounting judgments and assumptions relating to each...
October 17th, 2023 5395 views 0 likes
Once you've turned on the Accounting Preferences for your Organisation, you'll need to ensure you've entered the following minimum information into the Agreement...
November 1st, 2023 1596 views 0 likes
To be able to run the IFRS 16 Journal Report in Nomos One, an Agreement must have a General Ledger...
November 1st, 2023 3411 views 0 likes
Financial Allocations can be added to your GL Template to represent complex account structures in your Journal Report. Setting up...
October 17th, 2023 2265 views 0 likes
When generating the Financial Statements and Disclosure reports, you can filter them by Asset Class to see financial data relating...
October 17th, 2023 1942 views 0 likes
To be able to run the Journal Report in Nomos One, it's essential that all of your Agreements have a...
October 17th, 2023 1909 views 0 likes
To filter your Disclosure or Financial Statements Report by Asset Class, you'll need to ensure that all of your Agreements...
October 17th, 2023 1629 views 0 likes
We've developed a Lock Date in Nomos One to reduce the manual workload associated with reviewing changes made to Agreements...
October 17th, 2023 2760 views 0 likes
If you need to set up a Lock Date in your Organisation, or edit the existing Lock Date, this article...
October 17th, 2023 3630 views 0 likes
For disclosure requirements, there are two different methodologies that are available to companies when reporting on the Current and Non-Current...
October 17th, 2023 8315 views 0 likes
As part of calculating your Lease Liability and Right of Use Asset, Nomos One takes into account and makes assumptions...
October 17th, 2023 3445 views 0 likes
Effective Dates in Nomos One are key to your IFRS 16 Financial Reporting. This article describes how Effective Dates work...
January 17th, 2024 1931 views 0 likes
You can record payments made from lessor to lessee, such as fit out contributions, using the Incentive component payment feature...
October 17th, 2023 2166 views 0 likes
When you adopt IFRS 16, you will have three different Transition Methods to choose from. These are Full Retrospective, Modified...
October 17th, 2023 3718 views 0 likes
If you have a Break Clause (also called “option to break”) in your contract that you want represented on your...
October 14th, 2023 2619 views 0 likes
This article will explain the IFRS Component Payments and Non IFRS Component Payments available on the Rent & Payment page...
October 14th, 2023 4255 views 0 likes
Are you coming up to Year End and need to prepare? This article will provide some tips on how to:...
October 13th, 2023 1621 views 0 likes