Best Lease Accounting Software with Mixed-Use Capabilities

LeaseQuery powered by FinQuery

LeaseQuery powered by FinQuery lease accounting software makes accountants’ lives easier by simplifying the complex. With over 8,500 customers, our CPA-approved, cloud-based solution accounts for any type of lease and facilitates compliance with ASC 842, IFRS 16, FRS 102, GASB 87 & 96, and SFFAS 54. Built by accountants, LeaseQuery provides operational tools, data integrity, and the specific disclosure reports required by auditors and regulators so you can close faster, enhance controls, and simplify your lease accounting audit. Our proprietary, purpose-built AI enters your leases efficiently and accurately. Plus, seamless integration with any ERP automatically produces the journal entries necessary to your general ledger. Our user-friendly and trustworthy financial accounting solutions empower our users to work smarter, not harder. FinQuery doesn't just help you with lease accounting compliance. We offer a complete platform to automate accounting from the source. Discover our platform with solutions which focus on easing the mandatory compliance to ASC 842, IFRS 16, FRS 102, GASB 87 and GASB 96, automating prepaid and accrual accounting, and abstracting source documents like leases, contracts, and invoices into a complete system of record. For more information, visit FinQuery.com.

Average Rating: 4.6/5.0

Total Reviews: 534

LeaseGuru powered by FinQuery

LeaseGuru Powered by FinQuery is lease accounting software for small businesses. Produce all necessary amortization schedules, journal entries, and disclosures under FASB standards ASC 840 and ASC 842 as well as IFRS 16. Get started by creating a free account and entering your first 2 leases. No credit card or demo required. About FinQuery More than 36,000 professionals rely on FinQuery to make better business and financial decisions for their largest areas of spend - leases, software subscriptions, and financial contracts - something no other provider offers in the market. Our award-winning AI-powered software helps businesses minimize risk, increase efficiency and reduce costs. Discover FinQuery’s contract management platform, our accounting solutions, which focus on easing the mandatory compliance to ASC 842, IFRS 16, GASB 87 and GASB 96 and FinQuery’s SaaS management solution. For more information, visit FinQuery.com.

Average Rating: 4.6/5.0

Total Reviews: 4

MRI Manhattan

MRI Manhattan is a scalable IWMS solution which delivers unprecedented visibility into your real estate data to efficiently track and control every aspect of your portfolio. Comprising integrated software modules for financial management, IFRS 16/ASC 842 lease accounting, space management, room and desk booking as well as projects, facilities maintenance and sustainability, MRI Manhattan optimises operational efficiency and creates flexible and engaging workplace experiences.

Average Rating: 3.0/5.0

Total Reviews: 5

AssetAccountant

AssetAccountant is a compliance-grade fixed asset depreciation and lease accounting engine built for finance teams and accounting firms that need certainty over what they own, lease and owe. It automates the accurate calculation, tracking, and journaling of fixed and leased assets across both tax and accounting registers - replacing the complex, error-prone spreadsheets that many organisations still rely on. The platform, which is used by and vetted by the big four accounting firms, maintains separate tax and accounting books side by side, ensuring you maximise tax deductions while accurately reflecting asset values on the balance sheet. AssetAccountant models detailed depreciation and lease calculation rules for multiple jurisdictions and accounting standards, so you can stay compliant without needing to consult tax guides or accounting standards manually. Tax jurisdictions supported include the IRS (USA), ATO (Australia), HMRC (United Kingdom), IRD (New Zealand) and SARS (South Africa) along with basic tax rules for all other countries. Accounting standards supported include both US GAAP and IFRS. AssetAccountant integrates directly with leading general ledger platforms including Xero, QuickBooks Online, Sage Intacct, and Microsoft Dynamics 365 - enabling one-click journal posting, automatic detection of new assets from your GL, and synchronisation of dimensions and tracking categories. Key capabilities include full and partial acquisitions and disposals, reassessments, adjustments, revaluations, impairments, taxable use adjustments, classifications (cost centres, profit centres, locations), custom fields, attachments, bulk actions, and component asset tracking. For lease accounting, AssetAccountant delivers compliance with IFRS 16, AASB 16 and ASC 842, covering finance loans (asset finance) and right-of-use assets. The platform generates automated payment schedules, tracks current and non-current interest and liability, and supports lease modifications including refinancing and early termination.

Average Rating: 5.0/5.0

Total Reviews: 1

Aptitude Lease Accounting Engine

Aptitude’s Lease Accounting Engine (ALAE) is a standalone, SaaS solution designed to deliver consistent and auditable accounting in compliance with ASC 842 and IFRS 16 out of the box. ALAE is flexible, highly configurable and integrates seamlessly with existing systems, finance workflows, and surrounding architecture. It handles a wide range of complex lease accounting scenarios for both lessees and lessors, providing consistent, consolidated reporting, full visibility, and control. Key capabilities include: -Addresses both lessee adn lessor accounting requirements across all asset classes and revenue line types -Multi-basis accounting to support US GAAP, IFRS adn disclosure reporting requirements from a single data foundation -Flexibility to hendle all current and future challenges of a multi-national lease accouting program including multi-currency, multi-GAAP, multi-lingual and multi-entity frameworks -SOC certified -Disclosure and maturity analysis reporting as well as comprehensive trial balance reporting for individual lease contracts, components and portfolios -Multiple calendar support to allow entity-specific close frequencies to shorten period end processing -Supports many variations of required statutory and management reporting Aptitude's Lease Accounting Engine can also integrate with RevStream, Aptitude's revenue recongnition solution for those companies who need to manage the complex interplay between lease accounting and revenue recognition standards.

Binary Stream Property Lease Management

Binary Stream’s Property Lease Management (P&LM) simplifies end-to-end lease lifecycle management within Dynamics 365 Business Central. Designed to accommodate diverse lease portfolios, it supports lessors and lessees with automation, compliance tools, and actionable insights to optimize cash flow and streamline lease administration. Whether you manage residential, commercial, or retail property, vehicle fleets, or equipment leases, P&LM empowers organizations to scale operations, manage complex charges, and enable compliance with accounting standards like ASC 842 and IFRS 16​. Experience the Benefits of Comprehensive Lease Management 1) Flexible Multi-Level Lease Management: Effortlessly manage complex lease structures, including multi-level groupings for properties, equipment, and fleets​. 2) Streamlined Lease Administration: Automate lease creation, modifications, renewals, terminations, and space changes with intuitive tools​. 3) Accurate Financial Control: Simplify charge management, automate reconciliations, and allocate shared expenses using metering, square footage, percentages, or index-based rates​. 4) Compliance Assurance: Enable compliance with ASC 842 and IFRS 16 for both revenue and expense leases​. 5) Real-Time Insights: Generate detailed and intelligent reports to analyze performance, manage cash flows, and forecast financial outcomes. Advanced Features: 1. Digitized Lease Portfolio: Gain full visibility into cash flows and forecasts by managing property and lease portfolios within a single, streamlined system​. 2. Common Area Maintenance (CAM): Automate CAM reconciliations, enabling seamless billing and payment processes​. 3. Automated Charge Execution: Easily apply increases in charges during renewals and other lease milestones​. 4. Scalable Lease Management: Adjust terms, pricing, and conditions across your lease portfolio to support business growth​. Empower faster and more impactful decision-making with P&LM’s real-time reports to make impactful decisions: - Property List Inquiry and Report - Property Analysis Report - Lease List Inquiry and Report - Rent Roll Inquiry and Report - Monthly Forecast Report - Expense Lease Disclosure Inquiry (includes Lease Disclosure Summary and Detail Report) - Many more purpose-built reports

Nakisa IWMS

Nakisa IWMS (formerly Nakisa Real Estate) is a cloud-native solution designed to centralize and optimize the lifecycle management of 300+ assets (including owned, leased, or subleased assets of various nature - real estate, equipment, fleet, or facilities). Nakisa IWMS portfolio offers a unified platform for capital projects, portfolio management, lease accounting, IFRS 16 and ASC 842 compliance, and facility management—powered by advanced analytics. Nakisa IWMS includes three product suites: Capital Project Product Suite built to manage capital projects from budgeting and planning to site selection and execution. Facility Management Product Suite designed to manage inventory, assets, maintenance (work orders), and energy consumption. Portfolio Management Product Suite helps global enterprises automate lease management, accounting, compliance, and reporting. Leverage automated calculations, including CAM reconciliation and percentage rent, easily add contract modifications and new terms, track critical dates, and streamline collaboration with third party. This product suite streamlines day-to-day real estate operations, improves portfolio visibility, automates complex multi-asset lease management tasks, tracks critical dates, and provides users with timely insights through custom dashboards and reports. Built with CRE logic in mind, Nakisa IWMS has industry-specific features such as batch payments, flexible payment & AP/AR management with rent roll, percentage rent calculation, period-end reconciliations (CAM, insurance, taxes), and other features to manage complex CRE scenarios effectively both on a local and global scale. We also offer pre-made reports and endless possibilities of customized dashboards to enable CRE teams to manage and easily share data with other departments. With native bidirectional integration with ERP systems (SAP, Oracle, and others), Nakisa IWMS contributes to better data management, boosts control over operations, and eliminates the risk of human errors caused by manual dual entries. Besides ERP integrations, we offer great API connectivity to synchronize data (for example sales data) according to the company’s needs. Nakisa IWMS is fully compliant with the new lease accounting standards of ASC 842, IFRS 16, and GASB 87, and it can seamlessly embed your accounting policy. We invite you to manage all lease activities in one central place, bringing together real estate portfolios, accounting, and operations. With Nakisa, you can finally break down silos across departments and ensure better collaboration between accounting, real estate, and facility/space management teams. Nakisa IWMS sustainably grows with your business needs and gets automatically updated, at no extra cost, without involving your partners. Our software is also: • Scalable: Designed on a cloud-native architecture with microservices, • Reliable: 99.5% solution availability, • Secure: GDPR compliant with full ITGC control, • Regularly updated: two major releases per year, performance and bug fixes every eight weeks, • Caring: 24/7 customer support, dedicated account managers, and onboarding & training materials.

OIXIO IFRS 16

Solution helps the lessees to support and ensure lease agreements accounting according to IFRS16. Ensure compliance with IFRS 16 efficiently Finance/accounting department of your business could face the challenge that ensuring compliance with IFRS 16 standard could be a very time-consuming process: - keeping hundreds or thousands lease agreements data on spreadsheets; - recognize assets and liabilities for each of the leases manually to the General Ledger; - calculate and reflect the effect of the changes/amendments in the agreements; - finally prepare financial statements in accordance with IFRS 16. All these processes related to lease accounting could be managed in this easy to use solution that helps the lessees to reduce finance/accounting department workforce time spent on administrative work to ensure compliance with IFRS 16. Solution includes important features and enhancements, that are required by lessees in order to support lease agreement accounting according to IFRS, starting with its signing, schedule calculation, amendments process and up to its natural ending or termination. Smoothly integrated with other "native" application modules - Financial Management / General Ledger - Fixed Assets - Purchase and Payables Key features & functionality Lease Contract Data Storing and Schedule Calculation: - Define individual lease conditions per contract. - Calculate separate schedules and present value for each RoU asset. - Payment split into principal and interests’ parts. - Supported payment periods: monthly, quarterly, half year, annual. - Contract workflow management. RoU Asset Management: - RoU assets management using standard Fixed Assets functionality with its features and reporting possibilities. - Automated Fixed Assets cards creation and schedule calculation in case of agreements with multiple items of lease property. - RoU depreciation calculation. Contract Amendment Management: - Contract conditions (payment amount, lease period and etc.) update at any moment of lease period. - Changes history tracking. Ending and termination: - Automated schedule ending and RoU disposal when zero balance for lease liabilities is reached. - Premature termination (early buy-out or termination) management. Lease agreement accounting: - Lease liabilities and RoU acquisition cost posting on contract activation to General Ledger and Fixed Asset module. - Automated lease liabilities reduction posting based on lease schedule. - Automated calculation of contract amendment effect (gain/loss) and posting to General Ledger and Fixed Assets module. - Premature termination effect calculation and posing it to General Ledger and Fixed Assets module. Supported Editions: The app supports the Essentials and Premium Editions of Microsoft Dynamics 365 Business Central. Supported Countries: Australia, Austria, Belgium, Brazil, Canada, Colombia, Croatia, Denmark, Estonia, Finland, France, Germany, Hong Kong SAR, Hungary, Iceland, Indonesia, Ireland, Italy, Japan, Korea, Latvia, Lithuania, Malaysia, Mexico, Netherlands, New Zealand, Norway, Peru, Philippines, Poland, Serbia, Singapore, Slovenia, South Africa, Spain, Sweden, Switzerland, Taiwan, Thailand, United Arab Emirates, United Kingdom, United States, Vietnam. Need more information? Please visit the OIXIO Group website: https://oixio.eu/

Planon

Planon is a leading global provider of Smart Sustainable Building Management software. We connect buildings, people and processes, by eliminating data silos and aligning solutions into one shared information platform. By that, we empower all building stakeholders - users, owners and service providers - with actionable and meaningful insights. We offer an innovative software platform that combines configurable standard software with state-of-the-art integration technology, proven best practices and professional services. The Planon platform includes a secure and reliable cloud service, high-performing IoT technology, and standardised development tools for customers or third parties. Planon provides a constantly evolving array of software solutions and best practices for different types of organisations and users: • Planon Integrated Workplace Management Solution • Planon Campus Management Solution • Planon Facility Services Business Solution • Planon Lease Accounting Solution By providing bespoke solutions from one Planon platform, organisations can immediately benefit from cross-functional integrations that create process efficiencies and deliver new insights to optimise their operations. With four decades of experience Planon has a proven track record of delivering, implementing and maintaining integrated software solutions for multinational and local organisations. With over 2,500 customers in 40 countries, Planon can deliver solutions tailored to industry-specific challenges, for example in finance, government, higher education, retail, automotive and manufacturing. IWMS: Planon’s Integrated Workplace Management Solution (IWMS) is an innovative platform that creates greater efficiency and quality in processes, measurably reduces corresponding costs and successfully contributes to an organisation’s performance. The platform unifies all stakeholders in a continuous improvement process to optimise workplace performance. The Planon IWMS platform combines innovative software solutions with proven best-practices and user-friendly interaction for all workplace stakeholders, bringing immediate benefits to organisations. Planon Integrated Workplace Management Solution can also be operated in Planon’s secure and reliable cloud service that further reduces Total Cost of Ownership (TCO) and increases efficiency and flexibility. For Service Providers: Planon's Facility Services Business Solution for Service Providers is an integrated software platform that creates operating efficiency, increases customer value, and enables business innovation. As the system of record for your operations, Planon integrates with and is as vital as your HR, purchasing, and financial systems to ensure customer value and scalable business growth. The Facility Services Business Solution offers tools and processes in four key areas that make service offering, planning, execution, monitoring and billing more efficient, scalable and transparent with extensive process automation and seamless integration. These solutions also come with Planon’s best practice called Accelerator, including pre-configured processes, workflows, catalogues, roles, reports and dashboards. For Lease Accounting: Planon’s Lease Accounting Solution increases processing efficiency, eliminates decentralised administration, and reduces effort and costs with one integrated lease management solution that seamlessly connects with any ERP. The platform ensures timely reporting readiness and eliminates risk of non-compliance with new accounting standards, with a fast on-boarding and compliant lease management and calculation of profit & loss related costs, cash flows and balance sheet parameters for leases. This solution supports extensive additional cost reduction opportunities by the unique integration of lease management with your mid and long-term workplace strategy, real estate portfolio management, and enterprise asset management processes. The solution is approved by a Big Four accountancy firm and supports both lessors and lessees.

Average Rating: 4.0/5.0

Total Reviews: 1

REDA

REDA is your scalable all-in-one ERP that covers every aspect of property management and development. By automating it all in one flexible, customizable cloud-based environment. REDA alleviates a staggering number of tasks across five key areas of real estate development and property management. We strive to improve lives and businesses worldwide by leveraging technology to simplify complex processes and create greater utility. Built on a highly innovative, accessible & scalable Salesforce.com Platform, REDA forms a holistic & collaborative knowledge ecosystem around all functions and processes of property acquisition, construction, leasing, sale, field operations and enterprise accounting. Investment into knowledge: With REDA you get ready access to the world most extensive business applications & knowledge ecosystem. Salesforce AppExchange is the leading enterprise cloud marketplace. Eco-System tailor for scalability & Results: Application of best in AI, Big-Data Process automation, and rules-based algorithms empower insights driven decision making and inspire a super-efficient Property Management organization. REDA saves you unprecedented time and money – and unleashes profit potential – by streamlining, consolidating, automating all operations, including CRM and accounting.