Product
Lease
IFRS 16 / Ind AS 116 lease accounting with paisa-precision math, multi-currency, and GST e-invoicing built in.
What it does
Lease on Spaciora
Lease is where most IWMS deployments lose finance. Spaciora ships IFRS 16 / Ind AS 116 amortisation as native ledger logic, not a customisation. Money is stored as Decimal end-to-end. GST IRN and QR codes embed on the invoice. Critical dates surface as a calendar — not a memory test.
IFRS 16 / Ind AS 116 ledger with right-of-use asset and lease liability schedules
Paisa-precision Decimal math throughout, banker's rounding only at journal-entry boundaries
Multi-currency — INR primary; USD, GBP, EUR round-trip stable
GST 18% e-invoicing with IRP-issued IRN and QR code on every PDF
Critical-date tracking — renewal, escalation, market-rent review, deposit refund
Dispute threads with credit-note issuance and audit trail
Who uses it
Roles that live in this module daily
CFO and finance controller
Closing balances, IFRS schedules, GST submissions, audit pack.
Real-estate manager
Critical dates, renewal negotiations, escalation tracking.
Auditor
Read-only access to schedules, journal entries, and supporting documents.
Benefits
What lease delivers for your team
Close monthly faster on lease-heavy portfolios
Reconcile every closing balance to paisa — no tolerance, no parallel spreadsheet
Catch renewal and escalation exposure earlier with critical-date tracking
Compliance
Frameworks this module aligns to
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