Different issues in the industry

The leasing industry faces several considerations when it comes to accounting and operations. It is important to consider whether a license is something you want for your own company. As a financing company, you will then be able to offer financial leasing. However, it is entirely possible to run a leasing company without a license if, for example, you only want to operate with operational leasing.

In addition, there are several issues that leasing companies should be aware of, including

- Financing of leased products

- Prevention of financial risk

- Long-term earning horizon

- Challenges related to tax and VAT

Aider can assist with

- Assistance with ongoing accounting, accrual of leasing agreements and consolidation across companies.
- Implementing solutions that streamline lease accounting, reduce manual work and ensure better control.
- Structuring internal processes for lease management, from contract to reporting, to ensure consistency and efficiency.
- Preparation of customized reports and KPIs that provide management with an overview of the leasing portfolio and key figures.
- Advice and support for cross-border leasing operations, including currency management, IFRS and local accounting rules
- Guidance on selecting and implementing systems that support lease accounting and digital reporting.
- Assistance with integration of ESG requirements in leasing reporting, including carbon footprint and sustainability goals.
- Legal advice: Partner with lawyers for contract review, compliance and regulatory issues in leasing.
  
  Tailored advice: Strategic advice for optimization of the leasing portfolio, financing and capital structure.
- Courses and workshops for employees working with leasing and financial accounting.

Accounting and consulting for leasing companies

Different issues in the industry

Aider can assist with

Are you curious about how Aider can assist with your lease accounting? Get in touch today!

Joakim Nilgard