Current & Non-Current Update (2 May 2025)

We’re always working to enhance your lease accounting experience, and we’re excited to introduce a key update to Agreement Balances Report in One Lease.

Current & Non-Current Lease Liabilities in Agreement Balances Report

We’ve added two new columns to the Agreement Balances Report: Current Lease Liability and Non-Current Lease Liability.

This new set of data provides greater visibility at the agreement level, helping you:

• Break down the current and non-current portions of lease liability at a specific point in time for budgeting and forecasting
• Support financial disclosures and analysis for month-end, audits, and year-end reporting
• Easily reconcile and review data presented in consolidated financial reports

You’ll find these new columns next to the Closing Lease Liability column currently on the right-hand end of the report.

Please note: This update currently applies to the Agreement Balances Report with the rollup selection set to ‘None’. The ‘Monthly’ rollup option is not yet included in this iteration.

For more details, please check out our Knowledge Base article here.

We hope the update provides valuable insights for your accounting processes!

If you have any questions, feel free to reach out.

Additional Fields & Column Builder Update (21 May 2025)

We are excited to share two major updates to our Agreement Balances Report!

Firstly, as part of our ongoing commitment to simplify your lease accounting processes, we have added new information to the Agreement Balances Report output. Based on the helpful feedback from our customers, we have added:

• A more detailed breakdown of the opening and closing Right of Use Asset balances, including the Gross ROUA, Net ROUA, and Accumulated Depreciation
• A breakdown of Make Good Provision balances, including Interest Expenses and Other Adjustments.

Secondly, to provide you with more flexibility and reduce the manual work required, we have added the Column Builder to the Agreement Balances Report.

In addition to the existing columns reflecting Payment Period, Payment Mode, and Transition Method available in the Journal Report in OneLease, users are now able to add the following columns to the report output:

• Asset Class 
• Agreement-related Custom Data 
• GL Template name 

Including these fields in the Agreement Balances Report empowers users to identify relevant agreements, perform more detailed analysis, and efficiently consolidate or segment data within their reporting.

For more information on the Agreement Balances Report and its features, including the other helpful breakdown of balances that it provides, please check out our Knowledge Base articles below:

Understanding the Agreement Balances Report and the Information It Provides

Find the article here.

Using the Column Builder Feature to Customise the Output of Your Report

Find the article here.

Nomos One does not provide or purport to provide any accounting, financial, tax, legal or any professional advice, nor does Nomos One purport to offer a financial product or service. Nomos One is not responsible or liable for any claim, loss, damage, costs or expenses resulting from your use of or reliance on these resource materials. It is your responsibility to obtain accounting, financial, legal and taxation advice to ensure your use of the Nomos One system meets your individual requirements.