Lease Accounting that Makes Compliance Effortless

OneTouch Leasing is designed for finance teams who need flexibility, speed, and clarity. Whether managing property, equipment, or vehicle leases, our platform adapts to your needs and makes lease lifecycle management effortless.

Features

  • Configurable to match your GL, ERP, and business rules.
  • No hardcoding, OneTouch Leasing is designed for long-term compliance flexibility.
  • Upload a lease contract → AI reads and pre-loads the lease data→ you confirm → done.
  • Dramatically reduces setup time and improves accuracy.
  • Handle modifications, extensions, terminations, impairments, and subleasing with ease.
  • Our central lifecycle centre makes capturing real-world changes simple.
  • Real-time visibility into full lease history, amortisation profiles, depreciation schedules, and forecasts.
  • Access data instantly without needing to run reports.
  • Supports customisable asset types, make-good provisions, GRV, ARO, return fees, initial direct costs and more.
  • Covers lessee, lessor, subleases, sale and leaseback, hire purchase and back-to-back franchises.
  • Handles variable payment schedules, lease incentives, scheduled market rent reviews, CPI-linked increases and extension options.
  • Create custom in-system reports and graphs, use Excel templates, and schedule automated outputs, all without external support.

One Touch Leasing allows you to record, report and classify all your lease accounting against relevant legal entities or business units.

OneTouch Leasing supports multiple general ledgers so you can integrate with all ERPs and accounting systems used within your organisation.

One Touch Leasing supports Lessor and Lessee accounting including the ability to generate mirror lease transactions or generate the accounting entries for both sides under the one lease contract.

  • Ideal for global operations and consolidated reporting.
  • OneTouch Leasing integrates with foreign exchange market data providers for companies that have leases in foreign currency.

Integrations

OneTouch Leasing delivers seamless connections across your financial ecosystem. From ERPs and GLs to file storage, APIs, and SFTP servers, we automate data flows for speed, accuracy, and compliance.

UKI-Based AWS Deployment & Data Sovereignty

AI-driven automation with UKI-based AWS deployment ensures security, compliance, and full data sovereignty

Your lease and identity data remain in the UKI to meet GDPR and sovereignty requirements. Advanced AWS tools such as local region controls, customer-managed encryption keys, audit logging, and availability zones provide strict governance and resilience.

Safeguarding Your Trust

At One Touch Leasing, we know that trust is built on security, reliability, and transparency. We safeguard our clients’ sensitive financial data with the utmost seriousness, operating under SOC 2 compliance to ensure the highest standards of data protection.

Please visit our Trust Centre for full details.

FRS 102 LEASE ACCOUNTING

Frequently Asked Questions

FRS 102 is the UK accounting standard for non-listed companies. Lease accounting changes take effect from 1 January 2026. 

All UK entities applying FRS 102 that have leases — especially in property, equipment, and vehicles.

FRS 102 is UK-specific, but still very similar to IFRS 16. Both standards require lessees to recognize most leases on the balance sheet, capitalising a right-of-use (ROU) asset and lease liability. FRS 102 has some simplifications and practical concessions for discount rates, disclosures, and transition, making it more accessible for UK and Irish SMEs than full IFRS 16. Conversely, the American standard, ASC 842, is far are more rigid and complex, and not designed for UK companies. 

Yes, early adoption is allowed, provided you adopt all changes from the periodic review together. 

Spreadsheets may work for small portfolios but fail under audit pressure, lack life-cycle flexibility, and can’t automate compliance.  Other companies from jurisdictions that adopted IFRS 16 earlier found that spreadsheets could potentially work for maybe a year or two. However, the majority of companies are now utilising software as spreadsheet-based calculations becomes unmanageable as leases often change. 

AI-assisted lease capture, life-cycle management, audit-ready reporting, and rapid deployment tailored to FRS 102.  OneTouch Leasing saves companies significant time in complying with FRS 102 with clear and easy-to-use, yet flexible, software. 

Most clients who have their data ready are fully live in under 2 weeks. 

Being data-ready is often the biggest hurdle when adopting FRS 102.Companies must organise and internally audit lease information that was not previously required, which means introducing new processes and analysis.

For example, for each lease being capitalised, companies must provide the minimum payment profile (e.g. preset annual increases). They must also determine an incremental or obtainable borrowing rate, and decide on the reasonably certain lease term.

Much of this information may not have been captured or considered before FRS 102. However, it is essential for calculating both the Lease Liability and the ROU Asset, and should be reviewed as best practice.

With a vast array of clients adopting lease accounting, OneTouch Leasing brings significant experience in recognising
common pitfalls and issues:

  • Not being data-ready – the biggest challenge when first adopting. Most companies underestimate the level of analysis required, which can present significant hurdles.
  • Unclear data parameters – trying to achieve specific accounting outcomes, or being uncertain about inputs, often results in lengthy and costly cycles of uploading and re-uploading portfolio data with little added value.
  • Lack of stakeholder alignment – not discussing with internal stakeholders which GL accounts will be used, and how lease accounting will be reported, can cause delays and confusion.
  • EBITDA impact – companies should consider how changes in EBITDA from lease accounting may affect their organisation, particularly where banking or debt covenants are tied to EBITDA ratios.. 

Yes. We support all ERP integrations, GL mapping, API connections, and Excel outputs. 

No. Even though we’re UK-focused for FRS 102, we also support IFRS 16 and multi-currency reporting for international operations.

Yes. For companies requesting a trial, you will get the complete experience of OneTouch Leasing before committing.

FRS 102 Compliance Made Simple