IND AS Accounting Tools

IND AS 116 is the Indian Accounting Standard that governs lease accounting, requiring lessees to bring almost all leases onto the balance sheet as a Right-of-Use asset and lease liability — substantially converged with IFRS 16. Below: lease accounting, security deposits and fixed assets — IND AS 116, 109 and 16 compliant, with audit-ready Excel exports.

8 live tools · 2 coming soon · Updated August 2026

IND AS 116

IFRS 16 aligned

Lease Accounting & Right-of-Use Assets

Lease Workspace Pro App

All leases in one place · Portfolio view · Full amortization · Modification calculator · Premium Excel export · Audit-ready working papers · Disclosure note

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Standard Lease Calculator

Fixed payments · ROU asset · Lease liability · Full amortization schedule · Journal entries · Annual FY rollforward · Balance sheet snapshot

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Lease Modification Calculator

Remeasurement on modification · Revised lease liability · Modification journal entry · Revised amortization schedule · Para 44–46

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Escalating Rent Calculator

Step-up / variable lease payments · Escalation rates · Rent-free periods · Extension options · IND AS 116 compliant

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Sub-lease / Sale & Leaseback

Intermediate lessor accounting · Sale and leaseback · IFRS 16 aligned

Coming soon

IND AS 109

IFRS 9 aligned

Financial Instruments & Fair Value Measurement

Security Deposit Fair Value Calculator

Fair value at inception · Day 1 discount (prepaid rent) · EIR amortization · Journal entries · Balance sheet & P&L impact

Live Free · 2 exports/mo Open →

Multi-Security Deposit Portfolio

Bulk upload via Excel · Consolidated IND AS 109 schedule · Journal entries · Disclosure note · All deposits in one view

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ECL Provision Matrix Calculator

Expected Credit Loss for trade receivables · Ageing buckets · Industry presets · P&L movement · Journal entries · IND AS 109 Para 5.5.15

Live Free · Excel Pro Open →

IND AS 16

IAS 16 aligned

Property, Plant & Equipment

Fixed Asset Register

Block-wise depreciation · WDV and SLM methods · Disposal workings · IND AS 16 compliant

Coming soon

Financial Statements

ICAI Guidance Note

Trial Balance to Balance Sheet — Non-Corporate Entities

Financial Statement Generator

Upload your trial balance · auto-generate Balance Sheet & Statement of P&L · full ICAI note fidelity · Proprietorship (Phase 1)

Live Free · 2 exports/mo Open →

Reference

Notified Accounting Standards (Ind AS) — MCA

The official, government-notified Ind AS text on mca.gov.in — our calculators are built to match these standards

mca.gov.in/…/accounting-standards.html

Frequently Asked Questions — IND AS

What is IND AS 116?

IND AS 116 is the Indian Accounting Standard for leases, requiring lessees to recognise a Right-of-Use (ROU) asset and a lease liability on the balance sheet for almost all leases. It is effective from 1 April 2019 and is substantially converged with IFRS 16.

Is IND AS 116 the same as IFRS 16?

IND AS 116 is India's national-standard version of IFRS 16, aligned with the global standard but notified and applied under Indian company law by the MCA.

Are these IND AS calculators free?

Yes. All lease accounting, security deposit and financial statement calculators on this page are free to use, with free Excel exports (2 per month per tool) and unlimited exports on Pro.

IND AS Accounting Tools

Frequently Asked Questions — IND AS

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