# LeaseCalcs Reviews **Vendor:** LeaseCalcs **Category:** [Lease Accounting Software](https://www.g2.com/categories/lease-accounting) **Average Rating:** 5.0/5.0 **Total Reviews:** 29 ## About LeaseCalcs LeaseCalcs automates the entire lease accounting and lease administration processes across your portfolio of real estate and equipment leases, and is the most fully featured application in the market today. Comprehensive reporting under GAAP, IFRS and GASB accounting standards, with everything from disclosure reports, future minimum lease payments, journal entries, roll forward reporting, automated audit reports and so much more. With LeaseCalcs you can leverage your lease accounting compliance to enhance your operations, improve financial performance and avoid accounting surprises. LeaseCalcs includes full comparative financial analysis of any kind of real estate or equipment transaction, portfolio planning and project management for your real estate team, and robust lease administration capabilities, all in one integrated platform. With hundreds of enterprise clients around the world using LeaseCalcs to analyze and account for over 8 billion square feet of real estate leases and well over 2 million pieces of equipment, LeaseCalcs continues to prove world class companies use world class software. ## LeaseCalcs Reviews ### 1. Great Software for Managing Leases **Rating:** 5.0/5.0 stars **Reviewed by:** Jonathan P. | Enterprise (> 1000 emp.) **Reviewed Date:** March 07, 2023 **What do you like best about LeaseCalcs?** I like how LeaseCalcs manages the leases, entries, reporting, expiration tracking, etc. Very easy to consolidate data with the amount of available reporting. The available options make providing back-up to auditors easy. The monthly entries are extracted from LeaseCalcs to SAP each month, so they do not have to be manually posted. **What do you dislike about LeaseCalcs?** I have been using the software for about 2 years and am still learning everyday. I would like to see the system navigation sped up, it is a bit slow currently (although we have over 1000 leases currently in system). **What problems is LeaseCalcs solving and how is that benefiting you?** LeaseCalcs is a global repository for all of our leases (Real Estate, Equipment, Vehicles, etc). We can track expiring leases, sq footage, all base rents, additional rents, future rent payments, etc. Financial reporting is easy to access and is all in a single location. Monthly entries are extracted to SAP for us, eliminating those manual entries. ### 2. LeaseCalcs is an excellent tool to manage our real estate portfolio. **Rating:** 5.0/5.0 stars **Reviewed by:** Scott D. | Enterprise (> 1000 emp.) **Reviewed Date:** March 03, 2023 **What do you like best about LeaseCalcs?** The ability to manage our portfolio and have insight into the P&L of each location in terms of Cash and IFRS calculations. Looking forward to integrating API into our accounting system to pay rent more efficiently. **What do you dislike about LeaseCalcs?** No legitimate complaints. The LeaseCalcs team has been wonderful in the setup of our portfolio. The RE: Act budgeting model has taken major strides in the right direction over the past couple of months. I'm excited to see the next updates and the introduction of the business case approval workflow. **What problems is LeaseCalcs solving and how is that benefiting you?** The LeaseCalcs team has been wonderful in the setup of our portfolio. The RE: Act budgeting model has taken major strides in the right direction over the past couple of months. I'm excited to see the next updates and the introduction of the business case approval workflow. ### 3. Excellent solution for lease accounting **Rating:** 5.0/5.0 stars **Reviewed by:** Melissa K. | Enterprise (> 1000 emp.) **Reviewed Date:** March 07, 2023 **What do you like best about LeaseCalcs?** LeaseCalcs is very intuitive. The solution provides everything you need for your reporting cycle from beginning to end, including journal entry, disclosure, and thorough audit trails. Impressed with this comprehensive package. **What do you dislike about LeaseCalcs?** I have not encountered anything to date that I don't like about LeaseCalcs. **What problems is LeaseCalcs solving and how is that benefiting you?** As a newly public company, we needed a solution like LeaseCalcs to quickly and accurately account for our lease portfolio. While our portfolio is not extensive, accounting for leases using excel is time consuming and subject to error. The LeaseCalcs software acts as both a library for your lease portfolio, with all pertinent facts stored in one location and simplifies the monthly accounting and reporting process. ### 4. Lease Calcs: Great for Real Estate Management and Accounting **Rating:** 5.0/5.0 stars **Reviewed by:** Nakisha W. | Enterprise (> 1000 emp.) **Reviewed Date:** March 03, 2023 **What do you like best about LeaseCalcs?** The ability to accomplish Lease management and maximizes the real estate portfolio all in one system. The Financial Accounting, Financial reporting, billing and invoicing features are **What do you dislike about LeaseCalcs?** I have no complaints about the system. I am a new user and daily learning new features of the software. **What problems is LeaseCalcs solving and how is that benefiting you?** LeaseCalcs provides a one-stop for Lease accounting, portfolio management and data analytics. ### 5. Great software and great customer support **Rating:** 5.0/5.0 stars **Reviewed by:** JoEllyn J. | Assistant Controller, Enterprise (> 1000 emp.) **Reviewed Date:** March 03, 2023 **What do you like best about LeaseCalcs?** Easy-to-follow screens and inputs. Friendly and knowledgeable staff. **What do you dislike about LeaseCalcs?** Some of the reports take a little time to understand and digest due to differences in terminology of our business. **What problems is LeaseCalcs solving and how is that benefiting you?** Accounting for 842 lease standards and the tracking of our building and equipment leases. The online lease testing is a plus, besides having a one-stop resource for these documents. ### 6. LeaseCalcs is a wonderful product for tracking leases and offers top notch customer service! **Rating:** 5.0/5.0 stars **Reviewed by:** Barbara M. | Enterprise (> 1000 emp.) **Reviewed Date:** March 09, 2023 **What do you like best about LeaseCalcs?** LeaseCalcs provides a smooth transition to ASC 842 compliance, has very detailed reports, is flexible and can handle multiple currencies. LeaseCalcs response to questions timely and is always available for a call. **What do you dislike about LeaseCalcs?** I would like to see more support detail on the calculation. **What problems is LeaseCalcs solving and how is that benefiting you?** ASC 842 compliance and lease workflow ### 7. Great software and client service **Rating:** 5.0/5.0 stars **Reviewed by:** Eamonn F. | Director, Assistant Controller, Enterprise (> 1000 emp.) **Reviewed Date:** March 02, 2023 **What do you like best about LeaseCalcs?** LeaseCalcs is user-friendly and easy for our team to update and maintain. As our system of record for leases, LeaseCalcs efficiently generates our month-end accounting entries (integrated into our ERP), and reports from LeaseCalcs are used by multiple teams, including Facilities, HR and FP&A. Client service from implementation through ongoing support has been excellent. **What do you dislike about LeaseCalcs?** No significant dislikes. Note that there is a learning curve to using the software, and the published training materials are limited. **What problems is LeaseCalcs solving and how is that benefiting you?** Primarily lease accounting to comply with USGAAP. ### 8. Great for all Lease Accounting Needs! **Rating:** 5.0/5.0 stars **Reviewed by:** Carrianne G. | Senior Accountant, Enterprise (> 1000 emp.) **Reviewed Date:** March 02, 2023 **What do you like best about LeaseCalcs?** The software is very intuitive to use! The customer service is great! The software has great reporting for disclosures and Ad Hoc research. **What do you dislike about LeaseCalcs?** Not many downsides! Any issues we experienced were resolved quickly and the cause and solution explained to help us in the future. **What problems is LeaseCalcs solving and how is that benefiting you?** Tracking all leases for ASC 842 and compiling all required journal entries. This beneficial as there are many information fields that aid us in tracking all aspects of each lease. ### 9. Excellent Product and Service! **Rating:** 4.5/5.0 stars **Reviewed by:** Dean J. | Enterprise (> 1000 emp.) **Reviewed Date:** March 06, 2023 **What do you like best about LeaseCalcs?** LeaseCalcs has been an easy platform to implement and is much more comprehensive than our previous solution. The support has been exceptional from the Leasecalcs team! **What do you dislike about LeaseCalcs?** There isn't anything that I can think of that I dislike at this point in our implementation. **What problems is LeaseCalcs solving and how is that benefiting you?** LeaseCalcs is providing us a more comprehensive and integrated platform for our Lease Administration, Lease Accounting and Transaction/Project Management through their RE:Act module. ### 10. Very Helpful for keeping a track of leases **Rating:** 5.0/5.0 stars **Reviewed by:** Mehak A. | Assistant Manager, Small-Business (50 or fewer emp.) **Reviewed Date:** September 28, 2022 **What do you like best about LeaseCalcs?** It fulfills requirements for all the teams from AP to Accounting and Facilities as well. Information for the leases at one place. **What do you dislike about LeaseCalcs?** Leasecalcs is making changes every month over coming on the missing things. **What problems is LeaseCalcs solving and how is that benefiting you?** It is helping in passing JEs and accounting for Leases under ASC842 in less time , manually it used to take 2 days for passing JEs for almost 90 Leases which I can pass now in half an hour. ### 11. Excellent Customer Support & Software **Rating:** 5.0/5.0 stars **Reviewed by:** Matt S. | Vice President, Assistant Corporate Controller, Enterprise (> 1000 emp.) **Reviewed Date:** August 08, 2022 **What do you like best about LeaseCalcs?** LeaseCalcs provide a best-in-class accounting solution for adopting the new Lease Accounting Standard, ASC 842, while at the same time proving an excellent lease administration system. But it is their customer support and industry knowledge (accounting and lease administration) that truly separates them from the competition. **What do you dislike about LeaseCalcs?** Our Accounting and Lease Administration teams have been very happy with LeaseCalcs. There is not much to dislike. **What problems is LeaseCalcs solving and how is that benefiting you?** LeaseCalcs is our lease accounting and administration software. ### 12. Happy satisfied LeaseCalcs customer **Rating:** 5.0/5.0 stars **Reviewed by:** Deirdre M. | Senior Director Controller, Enterprise (> 1000 emp.) **Reviewed Date:** August 03, 2022 **What do you like best about LeaseCalcs?** I find the LeaseCalcs team to be collaborative and responsive. The tool is easy to use, with plenty of scope to customize to meet user needs. **What do you dislike about LeaseCalcs?** Anything we've identified for improvement has been addressed and resolved by the support team **What problems is LeaseCalcs solving and how is that benefiting you?** Supporting our USGAAP & IFRS Lease accounting compliance across our global footprint that includes 90+ real estate leases in 38 countries and 95 car leases along with lease management. ### 13. Easy to use for all of your Lease Accounting needs! **Rating:** 5.0/5.0 stars **Reviewed by:** Ian M. | Senior Accountant, Enterprise (> 1000 emp.) **Reviewed Date:** August 29, 2022 **What do you like best about LeaseCalcs?** I enjoy the ease of editing lease payments when landlords update CAM, Taxes, Utilities the most. In addition, when we have an amendment to a lease, the software is very ease to input this amendment. **What do you dislike about LeaseCalcs?** LeaseCalcs is very rigid on prorating rent based on the day of the lease. It is difficult to update the prorated amount without forcing LeaseCalcs to post a certain amount based on the days in the month. **What problems is LeaseCalcs solving and how is that benefiting you?** LeaseCalcs has compiled all of our leases into one location and has helped tremendously with Footnote reporting and disclosures. ### 14. LeaseCalcs is of great help **Rating:** 4.5/5.0 stars **Reviewed by:** Saloni A. | Senior account executive, Mid-Market (51-1000 emp.) **Reviewed Date:** September 15, 2022 **What do you like best about LeaseCalcs?** It is beneficial in doing the accounting for leases and keeping track of all the leases that we've entered. **What do you dislike about LeaseCalcs?** Sometimes it's prolonged and keeps on loading **What problems is LeaseCalcs solving and how is that benefiting you?** It helps us in solving the calculations of leases for the accounting purpose ### 15. Great Software and Customer Support **Rating:** 5.0/5.0 stars **Reviewed by:** Wenny M. | Senior Accounting Manager **Reviewed Date:** July 29, 2022 **What do you like best about LeaseCalcs?** Easy to implement and use Flexibility to request for Custom Report Great Customer Service Reasonable Subscription Fees Unlimited Users **What do you dislike about LeaseCalcs?** After major improvements on LeaseCalcs software compared to 2019, I like to use LeaseCalcs. **What problems is LeaseCalcs solving and how is that benefiting you?** Top Line Journal Entries Adjustment to compare the JE which already booked vs .what it should be when there are any corrections to the existing leases. LeaseCalcs allows us to set up materiality to capitalize the ROU asset. Custom JE report format to make it easier to copy and paste to Oracle Web ADI template. Audit report: Activity Log and Approval Log. Detail Disclosure Report ### 16. Solving real problems with software **Rating:** 5.0/5.0 stars **Reviewed by:** Robert T. | Founder & CEO, Management Consulting, Enterprise (> 1000 emp.) **Reviewed Date:** September 02, 2022 **What do you like best about LeaseCalcs?** LeaseCalcs takes what many in corporate real estate do in Excel (sometimes well, sometimes not) and makes it a far more robust and accruate analysis. **What do you dislike about LeaseCalcs?** LeaseCalcs is not for the faint of heart. You need to learn it -- like, really learn it -- but once you do, it's an awesome tool. **What problems is LeaseCalcs solving and how is that benefiting you?** LeaseCalcs makes deal analysis easy, but it's being able to view the entire portfolio through several financial lenses -- including GAAP -- is really powerful. ### 17. Great tool and Excellent support team! **Rating:** 5.0/5.0 stars **Reviewed by:** Lorelie G. | Financial Services Manager **Reviewed Date:** August 03, 2022 **What do you like best about LeaseCalcs?** LeaseCalcs functionality is very easy to navigate and their support is the best I've ever work with. **What do you dislike about LeaseCalcs?** Because we added the EU instance, it was a bit slow sometimes. Other than that, there is nothing to dislike. **What problems is LeaseCalcs solving and how is that benefiting you?** LeaseCalcs had resolved a lot of our problems including moving leases from one company codes to another, creating reports that we needed, creating a template to accomodate our new journal entry platform, and lots more. The LeaseCalcs support team has been super! ### 18. Great Product! **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Pharmaceuticals | Enterprise (> 1000 emp.) **Reviewed Date:** August 08, 2022 **What do you like best about LeaseCalcs?** The application is extremely easy to use. We use it in over 50 countries, and it has worked well across the board. We even brought on a business through an acquisition and were able to quickly get them up and running. **What do you dislike about LeaseCalcs?** Some of the reports take a while to run. **What problems is LeaseCalcs solving and how is that benefiting you?** The LeaseCalcs team has been willing to jump on calls to answer questions or work through some customization with our team to better improve our processes. ### 19. We received excellent customer service combined with accurate calculations related to ASC 842 **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Retail | Enterprise (> 1000 emp.) **Reviewed Date:** August 29, 2022 **What do you like best about LeaseCalcs?** The one-stop shopping format of the software allows for the administrative and accounting and reporting aspects of our lease process to be fully integrated **What do you dislike about LeaseCalcs?** No significant complaints. The learning curve was a bit long insofar as getting used to using the software. **What problems is LeaseCalcs solving and how is that benefiting you?** Integrating the administrative and accounting and reporting functions of the lease process has created efficiencies ### 20. LeaseCalcs satisfies our Lease Administration needs for reasonable cost. **Rating:** 5.0/5.0 stars **Reviewed by:** Shelly C. | Director, Lease Administration **Reviewed Date:** August 09, 2022 **What do you like best about LeaseCalcs?** The system is very user friendly & easy to navigate. The Ad Hoc reporting provides lots of flexibility plus the LeaseCalcs team is a dream to work **What do you dislike about LeaseCalcs?** I don't have anything! if there are things that may not have worked for me specifically, the LeaseCalcs team helped me immediately. **What problems is LeaseCalcs solving and how is that benefiting you?** LeaseCalcs has provided financial accounting snapshots for technical accounting purposes and lease expense forecasts for budgeting purposes. ### 21. Fantastic **Rating:** 5.0/5.0 stars **Reviewed by:** Todd Z. | Global Real Estate Lead, Enterprise (> 1000 emp.) **Reviewed Date:** August 10, 2022 **What do you like best about LeaseCalcs?** If you're looking to automate processes and become more efficient with lease administration or your real estate reporting for finance, accounting, tax etc, Leasecalcs makes it easy with a clean and simple interface backed by knowledgeable and solutions-oriented staff. **What do you dislike about LeaseCalcs?** Our lease administration team would prefer that there are more routine announcements about upcoming software updates. **What problems is LeaseCalcs solving and how is that benefiting you?** See the answer to the first question. ### 22. The software has been very effective accounting for our complex lease portfolio. **Rating:** 5.0/5.0 stars **Reviewed by:** Michael J. D. | Associate Vice President and Controller, Enterprise (> 1000 emp.) **Reviewed Date:** August 01, 2022 **What do you like best about LeaseCalcs?** The software is easy to use and comprehensive to handle our complex portfolio. **What do you dislike about LeaseCalcs?** I can not think of any downsides or dislikes. **What problems is LeaseCalcs solving and how is that benefiting you?** ASC 842 and managing our leases. ### 23. Manager of Technical Accounting and External Reporting **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Information Technology and Services | Enterprise (> 1000 emp.) **Reviewed Date:** July 31, 2022 **What do you like best about LeaseCalcs?** Fantastic software for both lease admin and lease accounting - Interface is easy to work through and addresses all key aspects of standard leases, but it is also flexible to address unusual & unique leases. **What do you dislike about LeaseCalcs?** No dislikes at this point! Hits all the needed uses. **What problems is LeaseCalcs solving and how is that benefiting you?** It is being used for both our lease administration & business planning as well as our GAAP accounting. ### 24. Great implementation and customer service! The LeaseCalcs crew feels like an extension of our team. **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Higher Education | Enterprise (> 1000 emp.) **Reviewed Date:** August 02, 2022 **What do you like best about LeaseCalcs?** Great customer service and willingness to help Platform that is constantly evolving for the better Easy to use and understand **What do you dislike about LeaseCalcs?** Virtually none. If I had to choose one thing maybe some of the UI design, but all minor changes. **What problems is LeaseCalcs solving and how is that benefiting you?** Helped us consolidate all of our real estate and equipment leases into one platform. Also helped us with ASC842 compliance. ### 25. Great Customer Service **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Information Technology and Services | Enterprise (> 1000 emp.) **Reviewed Date:** August 09, 2022 **What do you like best about LeaseCalcs?** The customer service from the LeaseCalcs implementation team is unparalleled. Even months after our transition to 842, we still meet weekly to address any issues/questions we are facing real-time. **What do you dislike about LeaseCalcs?** LeaseCalcs is a relatively new technology. However, due to this fact, the LeaseCalcs team works diligently to improve processes to make things more efficient and effective. **What problems is LeaseCalcs solving and how is that benefiting you?** Financial reporting and accounting for 842 are covered by LeaseCalcs. Additionally, our real estate team uses LeaseCalcs for portfolio tracking. LeaseCalcs allows the Accounting team and the Real Estate work closely on the lease portfolio. ### 26. User-friendly interface and fantastic customer support for lease admin and accounting software **Rating:** 5.0/5.0 stars **Reviewed by:** Allison R. | Real Estate and Workplace Services Compliance Manager **Reviewed Date:** July 29, 2022 **What do you like best about LeaseCalcs?** LeaseCalcs has a user-friendly interface in particular the reporting. It saves hours for us to run comparison reports on properties. **What do you dislike about LeaseCalcs?** Nothing comes to mind everything has been working out well for us. **What problems is LeaseCalcs solving and how is that benefiting you?** Having one platform to support both lease administration and lease accounting has helped both the real estate and accounting department be more efficient. ### 27. Great tool, great team, excellent implementation **Rating:** 5.0/5.0 stars **Reviewed by:** John L. | Vice President Global Real Estate & Workplace Services, Small-Business (50 or fewer emp.) **Reviewed Date:** July 29, 2022 **What do you like best about LeaseCalcs?** Flexibility to customize the tool, technical skill and ability of the LeaseCalcs team, integration with imbedded financial platforms like SAP & Oracle, Robust security. **What do you dislike about LeaseCalcs?** Not a lot of dislikes to comment on here **What problems is LeaseCalcs solving and how is that benefiting you?** Automation of our lease administration, accurate processing of leases under FASB 842 GAP accounting principles ### 28. Solid implementation & close collaboration **Rating:** 5.0/5.0 stars **Reviewed by:** Ivo v. | Program manager, Enterprise (> 1000 emp.) **Reviewed Date:** August 04, 2022 **What do you like best about LeaseCalcs?** An all inclusive application which fullfiles our needs. Implementation went very smooth with close collaroration with the LeaseCalcs team. **What do you dislike about LeaseCalcs?** None found during the implementation of LeaseCalcs. Any recommendations / changes were picked-up by the Leasecalcs team. **What problems is LeaseCalcs solving and how is that benefiting you?** Support of our global lease accouting process ### 29. Excellent experience **Rating:** 5.0/5.0 stars **Reviewed by:** Richard C. | Chief Financial Officer **Reviewed Date:** August 09, 2022 **What do you like best about LeaseCalcs?** LeaseCalcs was extremely easy to maneuver through and setup leases during the initial implementation. **What do you dislike about LeaseCalcs?** I don't recall disliking anything, LeaseCalcs was easy to use. **What problems is LeaseCalcs solving and how is that benefiting you?** LeaseCalcs helped us implement ASC 842 for a significant amount of farm land leases. - [View LeaseCalcs pricing details and edition comparison](https://www.g2.com/products/leasecalcs/reviews?section=pricing&secure%5Bexpires_at%5D=2026-05-15+10%3A24%3A55+-0500&secure%5Bsession_id%5D=bacb172a-5731-4467-aa45-9eb0ca8e80ab&secure%5Btoken%5D=30f7a4a3b3d7914e514b31174f677d44eb323bb3798ead26d8b959aa0e11396e&format=llm_user) ## LeaseCalcs Features **Lease Administration Platform Features** - Portfolio Administration - Lease Accounting - Lease Auditing - Document Management - Critical Date Alarms - Regulatory Compliance - Localization - Integration / APIs - Reporting - Dashboards **Functionality** - Lease Audit - Financial Management - Portfolio Administration - Critical Date Alarms **Integration** - Real Estate - ERP System **Agentic AI - Lease Administration** - Cross-system Integration - Proactive Assistance - Decision Making **Automation** - Reporting - Lease Data **Operational** - Regulatory Compliance - Accessibility **Agentic AI - Lease Accounting** - Autonomous Task Execution - Multi-step Planning - Cross-system Integration - Proactive Assistance - Decision Making ## Top LeaseCalcs Alternatives - [LeaseQuery powered by FinQuery](https://www.g2.com/products/leasequery-powered-by-finquery/reviews) - 4.6/5.0 (508 reviews) - [Visual Lease](https://www.g2.com/products/visual-lease/reviews) - 4.4/5.0 (370 reviews) - [CoStar Real Estate Manager](https://www.g2.com/products/costar-real-estate-manager/reviews) - 4.4/5.0 (307 reviews)