How to disclose ’Right of Use Assets’ - with QuickVid

With the introduction of IFRS16, you may be required to disclose Right of Use of Assets.

To do this, turn on the disclosure within the Tangible Fixed Assets/Property Plant & Equipment note

Note: This option will only appear if your accounting start date is on or after 1^st January 2019.

1. You will find the following tick box within the Assets held under leases help text:

2. The disclosure will then appear as follows, with the Additions to right-of-use assets appearing at the bottom:

Visit our Client Services YouTube Channel for more QuickVids.