Rent – CS

The "Leases" module of the СBS B2 software package is designed to record transactions related to the lease of objects – both owned and leased. The functionality of the module consists of a set of subsystems that together provide comprehensive management of leased objects and the solution of accounting problems.

FUNCTIONAL CAPABILITIES

Accounting for income and expense lease objects, automation of transactions with them
Synchronization with the "Fixed Assets" module
Ability to lease one object to several tenants
Ability to divide the rent into fixed (rent of premises) and variable (tariffed services) parts
Flexible management of rates and tariffs for services, storing the history of changes in rates and tariffs
Automatic calculation of rent taking into account the exchange rate, inflation index, storing the history of changes in the exchange rate
Ability to account for lease obligations using the effective interest rate with amortization of lease payments for the entire term of the instrument

BUSINESS ADVANTAGES

The module operates in accordance with the provisions of IFRS 16 "Leases" and the requirements of the national regulator (Resolution of the National Bank of Ukraine dated 20.12.2005 No. 480 "On Approval of the Instruction on Accounting for Fixed Assets and Intangible Assets of Banks in Ukraine").
The module functions bidirectionally: the bank using the subsystem can act as both a lessor and a lessee, including simultaneously (for different fixed assets), managing both operating and finance leases within a unified software solution and methodological approach.
The module is integrated with the "Fixed Assets" module of the B2 CBS in terms of initial recognition (commissioning) and revaluation of fixed assets in the 4th class of the balance sheet upon lease contract modification.
As part of practical implementation, the module can be integrated with functionally similar fixed assets modules in third-party core banking systems.
The module interacts with the B2 CBS mechanisms for provisioning and credit risk calculation in accordance with the requirements of Resolution No. 351 of the Board of the National Bank of Ukraine – this enables standard reflection of the impact of lease-related active operations on the bank's overall credit risk exposure and regulatory capital.

Other subsystems of CBS B2

The successful launch of the CBS B2 marks an important milestone for our Bank. Achieving a seamless, one-time transition sets a new benchmark for efficiency and innovation in banking. We deeply appreciate CS Company’s dedicated team for their commitment and relentless effort in this project’s success. We are excited for continued partnership and driving further advancements in our transformation journey

Mihail Iovu

Chief Operations Officer, Moldindconbank

OTP Bank has been successfully collaborating with CS for over 15 years. During this time, a number of key projects have been implemented, including the development of reporting for the National Bank of Ukraine, the B2 operational system, a data warehouse, and internet banking for corporate clients. We highly value CS’s ability to offer comprehensive and integrated solutions, which have enabled us to automate end-to-end processes and significantly enhance our level of digitalization. We especially appreciate the flexibility and personalized approach of the CS team, which allows us to tailor technologies to our business needs and build a true partnership.

zobrazhennya_viber_2025-02-18_14-58-03-941

Liliya Lazepko

Member of the Management Board, OTP Bank Ukraine

The new CFRONT platform is enabling GLOBUS BANK to confidently break into the retail lending market. Thanks to our partners at CS, the entire process now takes just minutes - only 1 minute for approval decisions and 10 minutes to complete all necessary loan documentation. Our customers and partners are going to love this efficiency. With such a powerful and user-friendly system as CFRONT, GLOBUS Bank has set ambitious goals for its expansion in the retail lending market.

Olena Dmitrieva

First Deputy Chair of the Management Board, GLOBUS BANK

Undoubtedly, creating mobile banking is a combination of functionality, simplicity, and aesthetics. We are now seeing that our joint efforts with the development team are receiving positive feedback and show good user engagement dynamics. Bank Lviv fully supports open and transparent communication with clients: we share their needs and focus on the relevance of functionality

Tamar Tkhelidze

Deputy CEO, Lviv Bank

HOW CAN WE HELP YOU?