Lease amortisation calculator

📄 PDF Upload & AI Extraction

  • Upload lease agreement PDF (max 10MB)
  • AI automatic data extraction - analyses lease agreement and auto-populates all form fields
  • Choose PDF file button for easy upload
  • Supports standard PDF lease agreement formats

 

📊 Financial Details

  • Lease Agreement Number, Lease Start Date, Financial Year End, Financer, Customer, and Asset Type tracking
  • Cash Price (exc VAT), 20% VAT automatic calculation, Non-Vatable Items
  • Cash Deposit, Part Exchange, Finance Charges, Doc Fee (incl VAT), and Option to Buy input fields

 

📅 Payment Structure

  • Tier 1 - initial payment configuration (number of installments and amount)
  • Tier 2 - main payment period (default 58 installments)
  • Tier 3 - final payment/balloon payment
  • Flexible multi-tier payment structure for complex lease arrangements

 

📈 Reporting & Export

  • Detailed Amortization Schedule with month-by-month breakdown (Opening/Closing Balance, Payment, Interest, Principal)
  • Lease Summary Dashboard with real-time key financial metrics
  • Print Report and Download Report buttons
  • Professional layout suitable for financial statements and audit purposes

 

✅ Compliance & Validation

  • Built-in Validation (Self-Check) with automatic reconciliation and formula-based accuracy
  • IFRS 16 / AASB 16 compliant structure
  • Current vs Non-current liability classification, Right-of-use asset accounting support
  • Financial year-end specific reporting

 

🧮 Automatic Calculations

  • Total Cash Price, Balance Financed, and Total Payable calculation
  • Monthly Interest Rate display and Annual Percentage Rate (APR) - 12.00%
  • Lease Liability Breakdown (Current and Non-Current)
  • Interest Expense for Year Ended and period-specific interest calculation