IFRS 16 Lease Accounting for Local Authorities — Automated, Accurate, Audit-Ready
LeaseIQ removes the complexity of IFRS 16 compliance. Upload your leases, generate journals, produce disclosure notes and export to Oracle — all in minutes.
Trusted by UK Local Authorities
Everything you need for IFRS 16 compliance
Purpose-built for the unique requirements of UK local authority finance teams.
Built for Local Authorities
CIPFA statutory overrides, PWLB rates, 01/04/2024 transition date built in.
Automated IFRS 16 Journals
14-line journal format with Oracle export, posted at 31.03 each year.
AI-Powered Extraction
Upload lease PDFs and let AI extract key data with confidence scoring.
Disclosure Notes
Consolidated statement of account notes and disclosure notes ready to publish.
Multi-Organisation
Manage multiple councils from one platform with full data isolation.
Bulk Approval
Approve 200+ lease contracts in one click with full audit trail.
How it works
From upload to audit-ready in three simple steps.
Upload your leases
Import via Excel template or PDF upload with AI extraction.
Review and approve
Check AI-extracted data, run exemption tests, bulk approve.
Export and publish
Download Oracle journals, disclosure notes and lease register.
Every calculation. Every journal. Every note. IFRS 16 compliant.
Simple, transparent pricing
Pick the plan that matches the scale of your council.
Starter
For smaller councils getting started with IFRS 16.
for pricing
- ✓Up to 50 leases
- ✓Single organisation
- ✓Core journals and notes
- ✓Email support
Professional
For councils managing a full lease portfolio.
for pricing
- ✓Up to 500 leases
- ✓Multi-organisation
- ✓Oracle export
- ✓Bulk approval
- ✓Priority support
Enterprise
For combined authorities and shared services.
for pricing
- ✓Unlimited leases
- ✓White label
- ✓Dedicated support
- ✓Custom integrations
- ✓SSO/SAML
Get your council set up in minutes
Tell us a bit about you and we'll get you started.