Hello everyone, I have a customer in Australia who is financing their leasing through variable rates loan with banks. For example, they have loans with varied interest rates each quarter the 1st year and then another interest rate the 2nd year. It doesn't seem like we should use CPI index to revalue it every year, as there's a defined payment schedule with interest rates in day 1 of the lease agreement.

In AASB 16, we have the following paragraphs:

"Paragraph 43 of AASB 16, in applying paragraph 42 of the AASB 16, a lessee shall use an unchanged discount rate, unless the change in lease payments results from a change in floating interest rates. In that case, the lessee shall use a revised discount rate that reflects changes in the interest rate."

We probably need to use variable interest rates to calculate the NPV value of ROU and link the lease contract to the asset in Fixed Asset module.

Please can we have the function to handle floating interest rates for NPV calculation if there is no existing one.