-
What is the TRIXi Lease Accounting Pack?
The TRIXi Lease Accounting Pack is a configuration package applied on top of standard TRIRIGA. It helps clients accelerate value from base TRIRIGA by:
- Providing a localised environment ready for Australian clients e.g. currency, units of measure, dates, accountingcalendar, spelling, backup window times
- Providing fixes to defects that are yet to be addressed by IBM
- Providing functional enhancements specific to our region
- Providing additional value added functionality to improve efficiency and accounting processes
-
What specific features does the TRIXi LAP provide?
- Exchange rate uploads
- Foreign currency translation journals
- Makegood Provisions
- Short term, peppercorn and low value lease enhancements
- ROU asset amortization over a different timescale to the lease
- Bulk lease upload
- Bulk lease actions (submit for accounting review, generate accounting schedules, activate)
- Bulk lease CPI application
- Intercompany leases and journals
- Sub-lease / parent lease controls
- Default Incremental Borrowing Rate by lease type matrix
- Summarised journal export and transformation
