Implementation Solutions Overview

FRS 102 Section 20:

Choosing the right solution is crucial for an effective transition and ongoing compliance.

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There are four main approaches to lease accounting under current standards and the upcoming changes in FRS 102 Section 20. For a deeper review of each, visit the Assessment of Solutions section in the Knowledge Hub.

Choose a solution that fits your lease complexity and long-term needs —re-implementation can be costly, especially if lease volumes or complexities grow over time.

Beyond the initial transition, the real challenge lies in managing ongoing changes and remeasurements. Specialist software is built for this —starting with the right tool ensures smoother, ongoing compliance.

Paul

Our Implementation Solutions

Rooted in real-world experience, focused on practical solutions that deliver

Specialist Software

— Companies

Specialist software is the trusted tool for efficient, accurate lease accounting, and built to support ongoing compliance.

Specialist Software

— Accountancy Firms

Utilising specialist software enhances accuracy, saves time, improves consistency, and helps firms deliver more efficient, high-quality service.

Outsourcing Lease
Accounting to an MSP

Ideal for companies with limited resources or outsourcing policies —MSP support ensures compliance and reduces workload.

Spreadsheet

Solutions

Practical for small, simple portfolios where frequent lease changes aren’t expected.

Available in Knowledge Hub

FREE Lease Solutions PRO Knowledge Hub

Get the Clarity, Tools, and Support You Need to Navigate FRS 102 Lease Accounting

Built specifically for UK accountants and finance teams, the free LSP Knowledge Hub offers step-by-step guidance, practical tools, and implementation strategies.

It helps you simplify your 2025 lease position, reduce compliance risks, and stay fully aligned with FRS 102 Section 20 —without relying on costly external support.

SOFTWARE SOLUTIONS

Our Trusted Software Providers

Get in touch to connect with our trusted partners and access cost-efficient software solutions to boost revenue from existing and new clients.

Rubli

Specialising exclusively in lease accounting compliance & seamless ERP integration

FinQuery

Top-ranked lease accounting excellence & unrivaled customer satisfaction

Trullion

AI-Powered lease accounting for real-time precision & compliance

We only recommend products and services we believe provide valuable solutions to our clients. By partnering with trusted providers, we help you find the right tools to streamline lease accounting.

If you sign up through one of our affiliate links, we may earn a fee—at no extra cost to you. This supports our services and helps us continue delivering practical solutions.

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