Jakarta, November 10, 2025 — Fore Coffee has officially carried out its User Acceptance Test (UAT) for IFRS 16 in collaboration with PT Hamilton Prima Indonesia, marking another step forward in the company’s lease accounting system implementation.

This phase follows the recent End User Training (EUT) and serves as a key milestone to ensure that the Hamilton-developed system operates in line with Fore Coffee’s business needs and international accounting standards. The initiative reflects Fore Coffee’s strong commitment to efficiency, compliance, and digital transformation in finance.

Enhancing Accuracy and Compliance Through IFRS 16 UAT

The User Acceptance Test represents the final testing phase before full system deployment (go-live), where Fore Coffee’s finance and business teams directly validate the system’s functionality.

The goal is straightforward: to confirm that the Hamilton system accurately records, calculates and reports all lease transactions automatically and in compliance with IFRS 16 requirements.

Working alongside Hamilton Prima Indonesia, the Fore Coffee team tested the system across a range of lease contract scenarios that mirror the company’s day-to-day operations. Hamilton led the process, ensuring every scenario ran smoothly without disrupting existing financial systems.

Testing 14 Key IFRS 16 Scenarios

Over four intensive days, Fore Coffee tested 14 primary scenarios, covering a wide spectrum of lease arrangements. These included advance and arrear payments, tiered lease pricing, low-value assets, and contract changes such as extensions or terminations.

Hamilton ensured that each scenario produced accurate asset, liability, and financial statement calculations consistent with IFRS 16 principles. The test phase also included month-end closing and automated reporting, both critical for ensuring operational efficiency and financial transparency.

Hamilton Prima Indonesia: A Trusted Partner in Digital Transformation

Hamilton Prima Indonesia has played a pivotal role in helping Fore Coffee adopt IFRS 16 seamlessly. Powered by Hamilton Engine, the process of recognizing and reporting lease contracts becomes faster, more accurate, and significantly less dependent on manual intervention.

Designed to handle both short- and long-term leases, Hamilton Engine delivers high flexibility and reliable calculations. Beyond achieving IFRS 16 compliance, this collaboration paves the way for AI-driven lease accounting automation in the future.
Strategic Step Toward Go-Live
With the UAT successfully completed, Fore Coffee now moves toward the Go-Live Preparation stage, signaling readiness to deploy the Hamilton system fully into its financial operations.

The success of this phase reinforces Hamilton Prima Indonesia’s role not only as a technology provider but also as a strategic partner in Fore Coffee’s ongoing journey toward accounting compliance and digital transformation.
Ready to Simplify Your IFRS 16 Adoption?
Hamilton Prima Indonesia helps organizations implement IFRS 16 quickly, efficiently, and with measurable results.
To learn how Hamilton Engine can simplify your IFRS implementation, contact us at +62 823-1004-9500 to schedule a consultation or product demo.