Property Manager - EBS (MOSC)

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Right of use versus asset liability

edited Dec 20, 2018 1:04AM in Property Manager - EBS (MOSC) 13 commentsAnswered

Hi,

Our business users highlighted a deviation between the data calculated by Property Manager and the IFRS standard for a use case where the option period is shortened (e.g. by 3 years) and the discount rate is changed (from 2.8% to 1.76%).

Their argument is that the liability is leading and the ROU should follow the asset liability, i.e. if the liability is reduced with amount X, the ROU should be reduced with the same amount too.

In the 'Asset Details Report' we see that the asset liability amount is calculated correctly.

Original Lease (detailed lines hidden for simplicity)

Payment Term Variables

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