--- title: "What's New in Lucanet Lease Accounting" description: "Come and explore the exciting features and improvements in the 'Lucanet Lease Accounting’ solution." source_url: https://support.lucanet.cloud/en/whats-new/whats-new-lease-accounting language: en last_updated: 2023-08-24 --- # What's New in Lucanet Lease Accounting Come and explore the exciting new features of our solution **Lease Accounting**! We update our CFO Solution Platform on a regular basis to offer you the latest features and improvements. {% info-box %} The versions of all solutions that you are currently using and those of the CFO Solution Platform are displayed when you select **About Lucanet** from the **Help** section in the CFO Solution Platform. {% /info-box %} ## Recently Released Features ### New in Version 260615 (Release date 2026-06-17) Apart from bug fixes and usability enhancements, the release contains the following new features: #### Contract Overview Report Now Available for Multiple Reporting Entities You can now create the **Contract overview** report for more than one reporting entity at a time, in addition to the **Disclosures** and **Balance values for reference date** reports. In the **Reporting entities** drop-down list, select one, several, or all reporting entities; the data for all selected entities is compiled into a single file, and each entity's data is identified by its name or code. When you click **Generate report**, the **Report Generation** confirmation dialog now appears so you can check your selection before the report is created. The 'Report Generation' confirmation dialog #### Setup Guidance with Warning Icons under Settings When you open Lease Accounting for the first time, a warning icon now appears next to **Reporting entities**, **Asset classes**, and **General configurations** in the **Settings** menu until each section is set up. The icon disappears automatically once the section contains data — for example, after you import or create a reporting entity, create an asset class, or save the general configurations. Warning icons in the 'Settings' menu ### New in Version 260428 (Release date 2026-05-29) Apart from bug fixes and usability enhancements, the release contains the following new features: #### Migrating Data from the IFRS 16 Script to Lucanet Lease Accounting A new **Migration** workspace under **Settings** lets you move an existing lease portfolio from the IFRS 16 script into Lucanet Lease Accounting. Upload the **H2 database file** together with the **lookup file** (XLS or XLSX format), specify the **migration date**, and start the migration. After processing, the **Migration report** and the **Component validation report** are available as Excel downloads and identify placeholder values, missing mandatory information, and zero amounts. Migrated **lessors**, **contracts**, and **contract components** are available under **Data collection** for review and correction. Calculations, postings, and exports remain hidden until you select **Approve migration**. The 'Migration' workspace {% info-box %} This functionality requires the **Full access administrator**, **Settings administrator**, or **Lease operations administrator** role. {% /info-box %} #### Reversing All Components in a Reporting Entity at Once The **Component reversal** workspace now includes a **Reverse all components** option. When the option is activated, the **Contract** and **Contract component** drop-down lists are disabled, and the reversal applies to all reversible components in the selected reporting entity. After confirmation, Lucanet Lease Accounting processes the components and displays an outcome summary with the total number of processed components and how many succeeded or failed. If any components fail, the summary lists the reason so you can take corrective action. The 'Reverse all components' option #### Managing Exchange Rates for Currency Conversion You can now configure the exchange rates that Lucanet Lease Accounting uses to convert between currencies. The new **Exchange rate management** functional area is available under **Administration** in the menu of the Lucanet CFO Solution Platform and contains two workspaces: - **Exchange rates** — used to manage currency combinations and view their stored rates. - **Custom upload of exchange rates** — used to upload your own exchange rate file and review past uploads. For each currency combination, you choose whether exchange rates are derived automatically from the **European Central Bank** or from an Excel file you upload yourself in the **Custom upload of exchange rates** workspace. Each combination is bidirectional and is shown as a single row in the **Existing combinations** table. The detail view of a combination lists every stored exchange rate, including date, value, rate type, and source. The 'Exchange rates' workspace {% info-box %} To use this functional area, your user account must have access to the **Administration** module in the platform (see [User Roles](https://support.lucanet.cloud/en/documentation/documentation/lease-accounting/user-roles-la.md)). {% /info-box %} ### New in Version 260305 (Release date 2026-03-05) Apart from bug fixes and usability enhancements, the release contains the following new features: #### Creating Reports for Multiple Reporting Entities at the Same Time In the **Create reports** workspace, you can now create the **Disclosures** report and the **Balance values for reference date** report for more than one reporting entity at a time. In the **Reporting entity** drop-down list (default: the entity you are signed into) select one, several, or all reporting entities. After you confirm in the dialog, the report is created for the selected date and data is compiled into one file. Creating a report for multiple reporting entities #### Editing the 'Reporting entities' Overview Table Now Possible The overview table for Reporting entities is now editable, allowing you to edit the **Country or region** and the **Functional currency** fields. This supports bulk updates when many reporting entities are imported from Consolidation & Financial Planning and is especially useful for migrations (e.g. from the IFRS 16 app to the CFO Solution Platform). Changing details in the 'Reporting entities' table Please note that the functional currency can only be changed as long as no components have been calculated for a reporting entity. #### Creating Postings for Multiple Reporting Entities Simultaneously In the **Create postings** section, you can now create postings for more than one reporting entity at the same time. This reduces repeated runs when postings are needed for many reporting entities. Creating postings for multiple reporting entities {% info-box %} - If you are working with an integration between **Lease Accounting** and **Consolidation & Financial Planning**, you can import the created postings via a script for multiple reporting entities simultaneously. - Exporting postings to import them in other systems is still only possible per reporting entity only; but a multi-entity export of postings is planned for a future release. {% /info-box %} ### New in Version 260109 (Release date 2026-01-13) Apart from bug fixes and usability enhancements, the release contains the following new features: #### Contract File Attachments You can now attach PDF files directly to lease contracts, making it easier to keep all contract documentation in one place. This feature allows you to: - **Upload files** when creating a new contract or editing an existing contract (PDF format, maximum 25 MB per file) - **View and download attached files** in view mode - **Remove files** when editing a contract - **Identify contracts with attachments** at a glance - an attachment icon appears next to the **Contract ID** in the **Contract** overview table This enhancement streamlines document management by keeping contract files directly associated with their respective lease contracts within the Lease Accounting solution. Uploaded contract #### New Modification Parameters Two new modification parameters have been added to provide more comprehensive lease accounting capabilities: - **Proportional Scope Reduction**: This modification parameter allows you to reduce lease values by a specific percentage starting from an effective date. The reduction applies to the **Gross liability**, **Net liability** in the **Lease liability** table, and **Carrying Amount IFRS** in the **Right-of-use asset** table in the **Calculation Preview**. This is useful for scenarios where the scope of a lease is partially reduced. - **Add/Edit Asset Retirement Obligation**: You can now add or edit asset retirement obligations for lease components. This modification increases the **Right-of-Use asset** value without affecting the **Lease liability**. The currency field defaults to the functional currency and cannot be changed. This feature ensures accurate accounting for obligations related to restoring leased assets at the end of the lease term. Both modification parameters are available under **Asset information** when modifying calculated components: The new modification parameters under 'Asset information' #### Enhanced Import Templates Import templates are now available in **Excel** format in addition to **CSV**, making automatic data import easier. The templates include new fields to streamline bulk data imports: - **Component currency** **field**: Specify the currency for each component during import (positioned after the **End date** column) - **Interest rate** **field**: Enter interest rates directly in templates (positioned after the **Asset Class** column) For more information on using [import templates](https://support.lucanet.cloud/en/documentation/documentation/lease-accounting/data-collection/automatic-data-import.md#excel-templates), see [Importing Data Automatically](https://support.lucanet.cloud/en/documentation/documentation/lease-accounting/data-collection/automatic-data-import.md). #### Foreign Currency Translation Lease Accounting now supports automatic translation of components in different currencies, allowing you to manage multi-currency leases seamlessly. This comprehensive feature includes two key capabilities: **Component Currency Selection** When creating or editing lease components, you can now select the currency in which the component should be calculated. The **Component currency** field provides a dropdown menu with multiple currencies, allowing you to specify the original currency for each component. **Currency Display Options in Reports** Reports now offer flexible currency display options, allowing you to view lease data in your preferred currency. When generating reports, you can: - **Enable currency conversion** using the **Select report currency** option (enabled by default) - **Choose a reporting currency** from the dropdown menu - **View data in contract currencies** by disabling the Select report currency option - each contract's values appear in its original currency By default, the currency of the contract component is applied. Select report currency #### Functional Currency Editing Flexibility The **Functional currency** field in the **Reporting Entity** workspace can now be edited as long as no calculations have been performed for that reporting entity, regardless of whether active components exist. Once calculations are performed, the functional currency becomes locked and cannot be changed. This change provides greater flexibility during the initial setup phase while maintaining data integrity after calculations begin.