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What is lease accounting software?

Lease accounting software is a tool that helps lessors manage the financial and reporting aspects of their leased assets. The tool automates tasks such as lease portfolio management, budgeting, and amortization schedule management. It also helps maintain compliance with international and domestic accounting standards such as the FASB ASC 842 and IFRS 16.
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Showing 1 - 20 of 42 products
Showing 1 - 20 of 42 products

Re-Leased

Re-Leased is a cloud-based commercial property management solution. Key features include accounting, portfolio management, tenant communication, inspections, document storage and compliance management. The solution integrates with...Read more

4.51 (80 reviews)

8 recommendations

Xero

Xero is an accounting system designed for small and growing businesses. Xero connects small businesses with their trusted advisors and provides business owners with instant visibility of their financial position. As a web-based so...Read more

Sage Intacct

Sage Intacct is a provider of cloud-based financial management and accounting software. Sage Intacct's software solution is suitable for small to midsize accounting firms and can provide financial reporting and operational insight...Read more

abcoa Deal Pack

abcoa Deal Pack is a business management solution that helps automotive dealerships and finance businesses manage leads, campaigns, workflows, payments, complaints and more on a centralized platform. The built-in accounting functi...Read more

CCH Tagetik

CCH Tagetik is a unified BI and accounting software that helps to optimize financial and operational planning. The solution also shortens the consolidation and closing process and allows users to analyze results, model, as well as...Read more

4.32 (83 reviews)

MRI Software

MRI Software provides several real estate applications to help real estate owners, investors, and occupiers manage accounting, investment modeling, property, and analytics operations. It includes Platform X, which allows businesse...Read more

4.33 (72 reviews)

Stessa

Stessa is a real estate accounting software designed to help businesses track and manage investments, finances and documents across rental properties on a unified dashboard. Administrators can use the platform to centralize detail...Read more

4.81 (67 reviews)

Visual Lease

Visual Lease is the leading lease accounting and management solution, designed to simplify compliance with ASC 842, IFRS 16 and GASB 87. Built with years of embedded knowledge from leading lease experts and CPAs, Visual Lease's po...Read more

4.64 (53 reviews)

LeaseQuery

LeaseQuery is cloud-based lease accounting software for lessees/tenants reporting under FASB and IFRS as well as both lessees and lessors reporting under GASB. The system generates accurate amortization schedules and journal entri...Read more

4.66 (43 reviews)

MRI Prolease

ProLease is a cloud-based lease administration and property management solution designed for multi-location tenant profiles that offers lease accounting, equipment leasing, maintenance management and project management functionali...Read more

4.36 (22 reviews)

Software pricing tips

Subscription models

  • Per employee/per month: This model allows you to pay a monthly fee for each of your employees.
  • Per user/per month: Users pay a monthly fee for users—normally administrative users—rather than all employees.

Perpetual license

  • This involves paying an upfront sum for the license to own the software and use it indefinitely.
  • This is the more traditional model and is most common with on-premise applications and with larger businesses.

Rated best value for money

Accruent

Accruent is a cloud-based real estate and facilities management solution that helps businesses of all sizes to manage their day-to-day buildings and premises related operations and activities. The solution can be tailored to suit ...Read more

4.63 (19 reviews)

FMIS Asset Management

FMIS Fixed Assets is a cloud-based fixed asset management solution. It caters to multiple industries including retail, healthcare, manufacturing, non-profit, education and oil and gas. Primary features include fixed asset deprecia...Read more

4.37 (19 reviews)

CoStar Real Estate Manager

Lease Accounting Software by CoStar helps enterprises analyze and categorize leases to streamline processes related to new lease accounting, rent obligations, percentage calculations, taxes indexing, adjustment and more. The platf...Read more

4.11 (18 reviews)

AMTdirect

AMTdirect is a cloud-based lease accounting and administration software solution. It provides one central location to manage all real estate leases and equipment leases, while ensuring FASB compliance and improving process control...Read more

3.61 (18 reviews)

Occupier

Occupier is a lease management platform built for tenants and tenant-rep brokers to collaborate on the entire lease life cycle. Occupier's cloud-based real estate platform automates deal tracking, lease administration, and lease a...Read more

4.59 (17 reviews)

Nakisa Lease Administration

Nakisa Lease Administration unifies your lease accounting and management operations into a secure, user-friendly enterprise cloud platform. It enables you to track the complete lease lifecycle and report activities for any asset t...Read more

3.71 (14 reviews)

DebtBook

DebtBook is a cloud-based software that simplifies and improves debt and lease management. Our technology helps finance teams in local government, higher education, and healthcare effectively manage their debt and leases in the cl...Read more

4.93 (14 reviews)

EZLease

EZLease provides fast, simple, and easy lease accounting software for ASC 842, GASB 87 and IFRS 16 compliance for lessees and lessors across equipment and real estate assets. With over 15 years of implementations across private, g...Read more

4.62 (13 reviews)

LeaseCrunch

LeaseCrunch is a cloud-based solution designed to help small to large certified public accountant (CPA) firms automate calculations of leases as per latest accounting standards. Features include policy election templates, workflow...Read more

4.60 (10 reviews)

UGAAP

UGAAP provides a lease accounting solution under the new standard. Key features include journal entries, disclosure reports, multi-currency (including functional currency treatment), implicit rate calculation, lease classification...Read more

4.30 (10 reviews)