Product · Module
Lease accounting
IFRS 16 / Ind AS 116 amortisation with paisa precision, multi-currency, GST-aware invoicing, dispute threads, and critical-date tracking — property-tested with 90,000 cases.
Capabilities
What lease accounting ships with
IFRS 16 / Ind AS 116 ledger
Right-of-use asset and lease liability. Property-tested with 90,000 random scenarios; two customer-money-impacting bugs caught and fixed.
Paisa-precision Decimal math
Money stored as Decimal end-to-end; banker's rounding only at the journal-entry boundary.
Multi-currency + live conversion
INR primary; USD, GBP, EUR property-tested round-trip stable to ₹3.
GST 18% e-invoicing (India)
IRP-issued IRN and QR code embedded on every PDF. RCM and place-of-supply rules baked in.
Critical-date tracking
Renewal notice, escalation, market-rent review, deposit refund window — surfaced as a calendar with reminders.
Disputes with credit notes
Tenant raises a thread, ops resolves, credit note issued — all with audit trail.
How it works
Implementation in days, not months
- 1
Onboard the lease
Capture term, rent, escalation, IBR, deposits — or paste the PDF and let Spaciora’s LLM-backed extractor draft the abstraction for human review.
- 2
Generate the schedule
ROU asset, lease liability, monthly amortisation, journal entries — every figure reconciles to paisa.
- 3
Bill, collect, dispute
Spaciora generates the invoice; IRP issues the IRN; tenant pays through gateway integrations.
- 4
Track critical dates
90 days ahead, 30 days ahead — calendar reminders to the lease owner.
An honest note on intelligence
Lease term abstraction uses a real Anthropic Claude API call. We mark this honestly: it is LLM-assisted extraction, surfaced in a review UI for a human to approve before commit (the side-by-side review UI ships in v1.1).
Ship lease accounting in your portfolio.
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