The Agreement Balances Report in OneLease offers a detailed breakdown of Right of Use Asset (ROUA) and Lease Liability (LL) balances, including their movements over a specified period, categorised by Agreement. It can be used to review the details behind the figures that make up your financial statements, as well as validate any adjustments that have been made to Agreements during the period.
This article will explain each piece of information provided in the report output. If you would like further assistance interpreting the report, you can contact our Support Team via support@nomosone.com.
To learn about how to run the report and manage the output, feel free to check out this article.
Breaking down the Agreement Balances Report
Basic reporting information
| Column Name | Explanation |
| Agreement | The Known As / name of the Agreement. |
| Agreement ID | The system-generated identification number. |
| Currency | The currency that the Agreement uses, as determined on the Rent & Payment page. |
| Period | The start date of the period. All of the balances noted as “Opening” are the balances as at that date. For information on how this output is determined by the Rollup feature, check out this article. |
Right of Use Asset (ROUA)
| Column Name | Explanation |
| Opening Gross ROUA | The value of the total ROUA at the beginning of the period, including any re-measurements and modifications made since the start of the Agreement. These can include Impairments, Lease Term Changes, and Other Adjustments. |
| Opening Accumulated Depreciation | The depreciation since the start of the Agreement until the period start date. |
| Opening Net ROUA | The value of the Gross ROUA minus the accumulated depreciation as at the start of the period. |
| Additions | The ROUA of any new Agreements that have commenced within the period. |
| Depreciation | The depreciation of the Gross ROUA incurred within the period. |
| Impairments | Any adjustments to impair the Gross ROUA within the period. |
| Lease Term Changes | Any adjustments to the Gross ROUA in association with a change in the actual or anticipated expiry date of the Agreement within the period. |
| Other Adjustments | Any other adjustment to the ROUA associated with reassessments to the Agreement within the period. For example, these could include changes to rent amounts, changes to discount rates, addition of certain component payments, and other adjustments. |
| Closing Net ROUA | The value of the gross ROUA minus the accumulated depreciation as at the end of the period. |
| Closing Gross ROUA | The value of the total ROUA as at the end of the period. |
| Closing Accumulated Depreciation | The depreciation since the start of the Agreement until the period end date. |
Lease Liability (LL)
| Column Name | Explanation |
| Opening Liability | The LL balance at the start of the period. |
| Additions | The LL of any new Agreements that have commenced within the period. |
| Interest Expense | The interest incurred within the period. |
| Lease Term Changes | Any adjustment to LL in association with a change in the actual or anticipated expiry date of the Agreement within the period. |
| Other Adjustments | Any other adjustment to the LL associated with reassessments to the Agreement within the period. For example, these could include changes to rent amounts, changes to discount rates, addition of Rent Holidays, and other adjustments. |
| Payments | Any rent payments made within the period. |
| Closing Liability | The LL at the end of the period. |
| Current Liability | The LL for the next 12 months following the last day of the selected reporting period. For example, if the reporting period is 1 March 2025 - 31 March 2025, the current period will be 1 April 2025 - 31 March 2026. |
| Non-Current Liability | The LL for beyond the 12 months following the last day of the selected reporting period. For example, if the reporting period is 1 March 2025 - 31 March 2025, the non-current period will begin on 1 April 2026. |
Please note: If you run the report using the Monthly option, the Current Liability and Non-Current Liability columns will not appear.
For more information on the calculation methods for Current / Non-Current values, please refer to this article.
Make Good Provision
| Column Name | Explanation |
| Opening Make Good | The opening Make Good Provision balance. |
| Interest Expense | Interest on the Make Good Provision balance incurred within the period. |
| Other Adjustments | Any increase or decrease to the Make Good Provision balance within the period. This could be a result of changes in the Make Good Provision amount, changes in the anticipated term of the lease, or changes in the interest rate applied to the Make Good Provision. These changes will have been recorded through the IFRS Settings Change Questionnaire. |
| Closing Make Good | The closing Make Good Provision balance (plus interest and plus/minus other adjustments). |
Additional Columns
If you would like to add additional columns to the report output, you can do so using the Column Builder tool. Check out this article to learn how to use the column builder to customise your report.
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