The Agreement Balances Report in OneLease offers a detailed breakdown of Right of Use Asset (ROUA) and Lease Liability balances, categorised by Agreement and the movements of these balances over a specified period. 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. To learn about how to run the report and manage the output, 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 Value | The value of the total ROUA for the start of the period. |
| Additions | The ROUA of any new Agreements that have commenced within the period. |
| Depreciation | Depreciation recognised over the period. |
| Impairments | Any adjustments to impair the asset within the period. |
| Lease Term Changes | Any adjustment to the 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. |
| Payments | Any rent payments made over the period. |
| Closing Value | The value of the gross ROUA minus the accumulated depreciation for the end of the period. |
Lease Liability
| Column Name | Explanation |
| Opening Liability | The lease liability balance at the start of the period. |
| Additions | The lease liability of any new Agreements that have commenced within the period. |
| Interest Expense | Interest recognised over the period. |
| Lease Term Changes | Any adjustment to lease liability 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 lease liability 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. |
| Closing Liability | The lease liability at the end of the period. |
| Current Liability | The lease liability for 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 current period will be 1 April 2025 - 31 March 2026. |
| Non-Current Liability | The lease liability 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.
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