Minor Update 2025.10/1 for SMART IFRS16 Leasing solution

This partial update is aimed at addressing issues identified after the release of version 2025.10 and includes tasks related to legislative changes as well as improvements in overall system performance and stability.

картинка з назвою - main updates SMART IFRS16 Leasing

  1. Functionality for updating the depreciation end date on the fixed asset card has been added in cases where the lease end date is changed.
  2. The calculation of lease payments has been fixed for partial-month leases. The last month of lease payments is calculated according to the expected lease term (fractional part).
  3. The calculation of usage rights and long-term liabilities for periods without changes in lease terms has been fixed — journal lines are no longer created in such periods. Previously, financial journal lines with amounts of “0” were generated.
  4. The calculation of the carrying amount of fixed assets has been changed in cases of lease term modifications, now being determined as the difference between the “Opening balance of liabilities for the current period” and the “Closing balance of liabilities for the previous closed period” to ensure correct representation of long-term liabilities.
  5. SMART business closely monitors all changes in legislation and implements updates in the system to ensure maximum efficiency of your business processes. If you have any questions or need help, our team is always ready to provide advice.

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