1. Nakisa AI Assistant available to all users across Nakisa products
Powered by Generative AI and Retrieval-Augmented Generation (RAG) technology, the Nakisa AI Assistant delivers intelligent, context-aware support to users across all Nakisa products. Trained exclusively on Nakisa’s extensive documentation library, it ensures accurate and relevant responses, enhancing usability and empowering users with faster access to the information they need.
Important: Nakisa AI Assistant is never trained on your organization’s data. It relies solely on Nakisa’s documentation library. Learn more about our AI security approach.
Start using this functionality in Nakisa
Nakisa AI Assistant is available directly within the product interface, accessible as a sidebar on the right-hand side. Users can open it at any time to ask questions related to lease accounting principles, product functionality, or specific in-app processes. No setup is required.
A user interaction with the Nakisa AI Assistant providing step-by-step instructions on how to schedule posting jobs within Nakisa Lease Accounting.
2. Nakisa General Ledger
2.1 Period-end balance
The new period-end balance functionality enables the calculation of month-end balances for GL accounts, providing a reliable snapshot of all transactions within a specific fiscal period. This enhancement improves financial reconciliation, ensures consistent reporting, and supports compliance with financial controls and audit requirements.
Start using this functionality in Nakisa
To begin, navigate to the new Period End Balances page in the Nakisa General Ledger. Reports can be generated by company and fiscal period to reflect accurate closing balances. If any changes are made after a report is created, the system automatically flags the report as outdated, helping maintain data integrity and audit readiness.
Note: General availability is planned for July 2025 (2025.R2.04).
2.2 Ledger enrichment
The ledger enrichment mapping allows selected text-reference fields from Nakisa products, such as Nakisa Portfolio Management and Nakisa Lease Accounting, to be transferred into the Nakisa General Ledger. From there, these fields can be mapped and sent to external systems, such as SAP.
This enables accurate transfer of key payment-related information like store numbers, charge details, or internal references, ensuring data consistency across platforms. It also helps minimize manual adjustments by standardizing how reference fields are carried through the financial process.
The ledger enrichment is especially valuable for global organizations with complex operational structures, where different regions or business units require distinct reference values for accurate reconciliation and financial reporting.
Start using this functionality in Nakisa
To configure, use the Nakisa Financial Organization Structure (FOS) switch in Enrichment Management to specify which products can enrich ledger transactions. ERP field mappings can then be set up within the admin sections of each individual product.
For SAP-connected environments, additional mapping is required in the SAP Posting Bot to ensure seamless integration. Once configured, users can monitor enrichment status on the Ledger Transactions page, providing clear visibility into which data has been successfully mapped and successfully.
The Ledger Transactions interface within the Nakisa General Ledger, displaying a list of various posting types, statuses, and accounting details.
3. Nakisa Financial Organization Structure (FOS)
3.1 IBR by contract currency or asset class
Nakisa Financial Organization Structure now allows you to configure the Incremental Borrowing Rate (IBR) configuration based on contract currency or internal asset class. This enhancement gives finance teams greater flexibility to reflect localized borrowing conditions or asset-specific rates directly in lease calculations. It’s particularly valuable for global organizations that operate in multiple currencies or manage diverse asset types, helping ensure compliance and alignment with internal policies.
Start using this functionality in Nakisa
To begin, navigate to the Incremental Borrowing Rate (IBR) configuration table within Nakisa FOS. Users can now select the contract currency or internal asset class when configuring an IBR. This added flexibility enables users to align IBR configurations more precisely with their financial reporting structures and reporting needs.
Users can create an Incremental Borrowing Rate in the Nakisa Financial Organization Structure with fields for entering details such as Display ID, Status, Name, Validity Period, Lease Length, Internal Asset Class, Contract Currency, and Rate.
3.2 Vendor determination by expense category
This new enhancement introduces an expense category mapping within the Vendor General Ledger Determination. It enables organizations to assign specific GL accounts per vendor and per expense category, providing a more granular level of control over how vendor-related lease payments are posted.
This enhances the accuracy of financial reporting, supports clearer reconciliation, and aligns with the complex accounting requirements of multi-vendor environments, especially where different payment types need to flow to distinct accounts.
Start using this functionality in Nakisa
Within the Vendor General Ledger Determination dialog in Nakisa FOS, users can now configure expense category-based account mapping for both lease-related and non-lease-related expenses.
Users can create a Vendor General Ledger Determination in the Nakisa Financial Organization Structure with fields for selecting an Expense Category and entering various vendor-related clearing and provisioning accounts.
3.3 Editing expense categories
Users can now edit out-of-the-box expense categories to better align with their organization’s terminology and naming conventions. This update enables teams to tailor system labels for improved clarity and consistency across interfaces and reports, particularly when standard category names do not align with internal practices. By reflecting familiar language, this enhancement supports smoother user adoption, reduces confusion, and reinforces internal alignment in financial reporting.
Start using this functionality in Nakisa
Users can now customize expense category names directly within the Expense Category dialog in Nakisa FOS, enhancing usability and reporting consistency.
Users can create an Expense Category in the Nakisa Financial Organization Structure with fields such as Display ID, Status, and Expense Category Type.
4. External posting enhancements
4.1 External posting start date per accounting standard
Nakisa now supports defining posting start dates for each accounting standard within the Accounting Standard Determination feature. This enhancement enables organizations to control when postings should be sent to SAP or retained in Nakisa based on date validations. By providing this level of control, the functionality helps align posting logic with compliance requirements, improves audit readiness, and reduces the risk of premature or misdirected postings. As a result, companies can manage compliance requirements more effectively while maintaining clean separation between internal and external postings.
Start using this functionality in Nakisa
Within the Accounting Standard Determination dialog, users can now define a specific external posting start date for each accounting standard.
Users can create an Accounting Standard Determination in the Nakisa Financial Organization Structure with fields such as Display ID, Status, Company, Leading Accounting Standard and its posting start date.
4.2 External posting job report
The external posting job failure report enhancement provides a detailed log of failed external posting attempts along with the corresponding error messages that users can view or download directly within Nakisa. It enables users to quickly and easily identify, review, and troubleshoot errors by showing which documents failed, when, and why. This feature is especially valuable for improving operational efficiency, reducing the time spent on manual investigations, and ensuring greater visibility and accountability across the posting process.
Start using this functionality in Nakisa
After running an external posting job, users can view or download an error report directly within the software.
5. Lease accounting, reporting, compliance, and data integration
5.1 Migration-driven enhancements
The migration-driven enhancements are a set of targeted updates developed to support clients transitioning to the latest version of Nakisa Lease Accounting. They streamline the data migration process by introducing new configuration options and refinements that improve precision, flexibility and control at the term level. These capabilities include:
- Optional start and end dates for term dates and conditions: Improve the accuracy of accrual calculations and address differences between system versions.
- Useful life in days: Gain higher precision for depreciation by allowing day-level granularity.
- Zero useful life support: Ensure proper handling of fully depreciated assets with a net book value of zero during and after migration.
- Updated mass templates: Migration templates have been updated for improved flexibility and backward compatibility, streamlining bulk data loading during upgrades.
This enhancement enables smooth update experience by ensuring consistency of migrated data, minimizing manual adjustments, and providing continuity in financial calculations. It helps clients maintain data integrity, align reporting with previous system behavior, and accelerate readiness for post-go-live operations, ultimately reducing risk and effort during major updates.
Start using these functionalities in Nakisa
- Optional start and end dates for term dates and conditions: Users can manually enter start and end dates for terms or let the system auto-calculate them. This feature applies only to terms with a recurring frequency (info-only for one-time terms). Users can apply it in mass templates, with validation to ensure dates fall within the ROU period. Note that it is not applicable to Free Rent terms.
- Useful life in days: Users can enter or edit the useful life (in days) within the AG Classification for lessee finance contracts where depreciation is required. This field is available at inception only and affects the DQI (AG) report. It is not synced from SAP and does not impact financial postings.
- Zero useful life support: Users can input a zero value for useful life through the UI or import template. System validations ensure this is only allowed when the Net Book Value (NBV) is zero, based on COB fields. This applies to lessee finance leases and can only be set at inception—post-inception edits are not permitted.
5.2 Modifying unit inputs
The unit input modification enhancement allows users to update key unit-level fields, such as Serial Number and License Plate, both before and after the activation group is finalized, without triggering a system event. Edits can be made manually or through mass import, offering greater flexibility and control for unit-level data management.
This enables users to easily correct or complete unit records post-activation while preserving data integrity and avoiding unintended system impacts. It removes previous restrictions on post-activation edits, making data correction, cleanup, and ongoing unit management more efficient, especially in large portfolios where such updates are common.
Start using this functionality in Nakisa
Users can manually edit eligible unit fields directly or apply changes in bulk using the Update function via mass import. Certain critical fields (e.g., dates, cost objects) remain protected by validation rules to ensure compliance. Edit permissions are governed by the status of the activation group, not the individual unit. Once an activation group reaches lease-end status, all associated units become read-only. This functionality applies to both lessee and lessor contracts.
Users can view or edit unit general information in Nakisa Lease Accounting, including Unit ID, Name, Status, Description, Asset Number, Currency, Company, Serial Number, Reference ID, Internal Asset Class, and Inventory Number.
5.3 Copy functionality enhancements
The enhanced copy capability in Nakisa Lease Accounting streamline object duplication throughout the product. Users can now duplicate objects across different hierarchies, update key fields (such as Lease Business Unit or Cost Center), perform bulk copy actions, and leverage inputs from previous jobs to accelerate new job setups—all within an intuitive and efficient workflow.
This improvement delivers a more flexible and scalable solution for lease data management, aligning with the evolving needs of enterprise users. It also introduces improvements that go beyond traditional copy functionality, enabling faster configuration, reducing manual input, and supporting consistency across large contract portfolios.
Start using this feature in Nakisa
Users can initiate object copying either from the context menu or through mass actions on the landing page. During the process, they can choose between Copy & Move (to copy the object under a new parent) or Copy & Don’t Move (to copy the object as is under its existing parent), depending on their operational needs. Editable fields like Lease Area and Lease Business Unit automatically update based on the new parent object when using the Copy & Move option. Additionally, an eye icon on job and report pages allows users to reopen the creation dialog with all fields prefilled, making it easy to reuse job configurations for faster execution.
Users can copy multiple contracts in Nakisa Lease Accounting under the Mass Actions option.
5.4 Improving jobs
Nakisa Lease Accounting introduces a set of enhancements to job functionality aimed at increasing transparency, usability, and control across all job types. A new View Job panel now displays all inputs used during job execution, giving users full visibility into each job’s configuration. In cases where a job fails, the system generates an exportable report with detailed error messages to support efficient and accurate troubleshooting. These updates significantly improve the overall user experience, reducing manual effort, clarifying job outcomes, and helping users more confidently interpret results and resolve issues. The result is a more intuitive, informative, and trustworthy job management process.
Start using this functionality in Nakisa
To begin using the new features, users can paste multiple job IDs such as Activation Groups or Contracts directly into job filter fields to quickly isolate and work with specific items. The View Job panel can be accessed during or after job execution to review all inputs used, aiding in validation and troubleshooting. When a job fails, users should download the automatically generated error report to pinpoint and address issues efficiently. Additionally, job and task statuses now feature enhanced labels and color-coded indicators, allowing for quick visual assessment of progress and outcomes. Across all job types, selected profile inputs are now displayed in a consistent format, ensuring a smoother and more predictable workflow.
Users can view details of a posting job in Nakisa Lease Accounting, including inputs for batch size, principal position, transaction type, journal types, dates, and various profile filters like System, Companies, Lease Areas, and Business Units.
5.5 Improving reports and logs
This release delivers a series of targeted reporting enhancements designed to improve the accuracy, accessibility, and usability of key financial and audit-related reports.
Enhancements include increased precision in the Weighted Average Discount Rate (WADR) report, direct access to Consolidated Transaction Reports (CTR) and GL Balance reports from within Nakisa Lease Accounting, support for bulk object ID pasting, and a redesigned audit log export process. Let’s explore these features:
- Weighted Average Discount Rate (WADR) reports now default to four decimal places, restoring financial precision in line with prior system behavior. Enhanced formatting further improves readability.
- Consolidated CTR and GL Balance reports are now fully accessible via main menu navigation in NLA, simplifying navigation and saving time.
- Report filters support pasting up to 50 object IDs at once, with automatic identification of any invalid entries for user review.
- Audit logs now export in Excel format, creating a solid foundation for data analysis.
These enhancements enable users to generate more precise outputs, access critical reports more efficiently, apply filters with greater ease, and analyze audit data more flexibly. They streamline reporting workflows, especially during financial close and audit cycles, and support alignment with enterprise reporting standards.
Start using these functionalities in Nakisa
- Weighted Average Discount Rate (WADR) reports: Users will now see WADR values displayed with four decimal places by default in both the UI and Excel exports. No user action is required—this formatting is automatically applied for improved precision.
- Consolidated CTR and GL Balance reports: Users with the nla_reports role can now access CTR and GL Balance report pages directly from Nakisa Lease Accounting via new navigation options. These links open the reports in SPB in a new browser tab.
- Report filters: Users can now paste up to 50 IDs at once—separated by commas, spaces, newlines, or tabs—into report filters. Valid IDs are automatically selected, while any invalid entries are displayed separately for easy correction. This enhancement is available in Disclosure, Periodic Posting Status, Activity Analysis, and GL Balance Report jobs.
- Audit logs: Users can export historical audit logs for any selected one-month period. This allows for easier, more manageable access to audit data.
6. Nakisa Product Suggestions
As part of our broader product-led Initiative, we’re introducing a more direct and transparent way for our clients to share Nakisa’s product roadmap: Nakisa Product Suggestions.
This new process enables you to submit feature ideas and enhancement requests directly to our product team, bypassing traditional support channels. Suggestions are routed straight to the leaders of our Accounting, IWMS, and Workforce Planning product portfolios, ensuring that feedback reaches the right decision-makers quickly and efficiently.
By reducing turnaround time and improving visibility, this initiative empowers our clients to play a more active role in product development. It reflects our ongoing commitment to being a product-led organization, building better products, faster, through close collaboration with our user community and a focus on real-world needs.
Start using this functionality in Nakisa
You can now submit product suggestions directly through the Nakisa Customer Support Portal by selecting the new option: Submit Nakisa Product Suggestion (Cloud Customers). This feature lets you share both new feature ideas and enhancement requests directly with our product team.
To get started:
- Log in to the Nakisa Customer Support Portal. If you don’t have access, your Customer Success Manager can assist you with setup.
- Choose between New Feature Suggestion or Existing Feature Enhancement
,and complete the short form. - Provide a clear summary and description, including your use case and any pain points.
- Attach mockups or supporting documents, if applicable, to help clarify your request.
Once submitted, you’ll receive confirmation and be able to track the status of your suggestion. If additional information is needed, you’ll be notified directly through the portal.
Disclaimer: Submission does not guarantee implementation. All suggestions are reviewed and prioritized by Nakisa Product Team, but there is no commitment to include them in an upcoming release.
7. Product UI enhancements
A series of UI enhancements have been introduced across all Nakisa products to improve user flow, task continuity, and interface navigation. Key updates include:
- Users can now favorite key objects, such as master agreements, contracts, lease components, and activation groups, via the context menu. Favorited items are easily accessible from the Nakisa Product Center.
- Recently viewed and recently modified objects are automatically tracked and displayed in the Nakisa Product Center based on the most recent interactions, making it easier to resume in-progress tasks without retracing steps.
- Pop-up dialogs (e.g., for Terms and Conditions, Charges, etc.) are now draggable across products, allowing users to reference supporting information without disrupting their workflow.
These enhancements enable users to stay focused on ongoing tasks, reduce time spent navigating back to key items, and move through workflows more efficiently.
Together, they reduce friction, support multitasking, and enhance overall productivity by keeping key information within reach.
Start using this functionality in Nakisa
These product UI enhancements are automatically available to all users with no setup needed.
Users can view a Quick Access dashboard in the Nakisa Product Center, displaying recently viewed and modified items, including dashboards for Lease Components, Portfolio Financials, Master Agreements, and Activation Groups.
8. Conclusion
The Nakisa Lease Accounting 2025.R2 release brings a focused set of enhancements that reinforce core functionality, simplify day-to-day operations, and offer greater adaptability for global finance teams. From tighter control over SAP postings to more intuitive user workflows, these updates are designed to reduce complexity while increasing clarity, efficiency, and confidence in lease accounting processes.
With each release, NLA continues to evolve, not only as a tool for accounting and compliance, but as a strategic solution that empowers finance teams to work smarter, faster, and with greater precision.
To learn more about the new features, we invite you to browse the NLA demo catalog or watch our 2025.R2 product enablement session for a detailed walkthrough.
Explore these updates in detail via the Nakisa Resource Center or visit our Nakisa YouTube channel for upcoming training videos that dive deeper into these features. For personalized guidance, book a demo with one of our experts.
As Nakisa continues to innovate, upcoming releases will bring even more AI-powered automation, enhanced analytics, and collaborative tools to help drive operational excellence.
Stay in the loop. Subscribe to our monthly newsletter to receive product updates, expert insights, and best practices, delivered straight to your inbox.
