Please note: As these features are currently in Beta mode and undergoing final testing before the official release, the functionality may be subject to minor errors. For now, we would love your feedback so please feel free to hit our Feedback button to the right of your browser if you have any suggested enhancements, notice any issues or want to let our Developers know they've done a great job! Should you see any bugs, glitches or lack of functionality in your reports, please contact our Support Team (support@nomosone.com), who will be more than happy to assist.
This article describes the known issues or limitations you may experience when using the OneLease (Beta) Reports. These known issues are in the process of being addressed and will be updated as soon as possible.
Limitations
Journal Report
- With IFRS 16 Exempt Agreements (Short Term or Low Value), we currently offer limited functionality in filtering Short Term or Low Value journals
Disclosure Report
- With IFRS 16 Exempt Agreements (Short Term or Low Value), we currently offer limited functionality in filtering Short Term or Low Value entries
Financial Statements Report
- With IFRS 16 Exempt Agreements (Short Term or Low Value), we currently offer limited functionality in filtering Short Term or Low Value entries
Known Issues
All Reports
- When applying a Filter Group to generate Financial Reports, there is a risk of specific agreements not being included in the report
- If SSO is used to log into Nomos One, the OneLease (Beta) Reports can't be accessed
Journal Report
- When a lease is extended after the Expiry Date of the Agreement, a reversal journal for the old expiry is present
- When a new Surrender event is created on the Expiry date of an Agreement, a reversal journal for the old Expiry is present
- If a Make Good occurs before transition, an additional incorrect journal is present
Disclosure Report
- There is a variance between the Lease Liability split on the Current/Non Current and Journal Report due to the current calculation method in the Disclosure Report being set to Net Present Value
Financial Statements Report
- When a lease is extended after the Expiry Date of the Agreement, a reversal for the old expiry is present
- Payments added after the Expiry date of an Agreement are incorrectly being included through the balance sheet of the financial statements report
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.