Best Lease Accounting Software
Lease accounting software effectively manages and minimizes financial risks associated with lease portfolios. It is used by platforms that manage multiple real estate leases and provides a comprehensive solution for automating lease administration and accounting processes.
It also centralizes the processes and lifecycles of lease portfolios. The software automates the previously manual process of keeping track of journal entries, each lease’s audit trail, and whether a lease is an operating or financing lease.
Lease accounting functionality has always existed in some capacity, buried within lease administration software or real estate asset management software. However, its current form facilitates compliance with Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) regulations.
Lease accounting software prepares businesses for critical financial audits and reviews. In addition, it usually integrates with ERP systems to automate the creation of general ledger journal entries. The software can also integrate with existing accounting software, offering full visibility of the entire lease portfolio.
To qualify for inclusion in the Lease Accounting category, a product must:
Featured Lease Accounting Software At A Glance
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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
682 Twitter followers
Visual Lease is the #1 provider of lease optimization software, trusted by organizations worldwide to ensure compliance with lease accounting standards, meet ESG reporting requirements and turn their
940 Twitter followers
CoStar Real Estate Manager is a comprehensive cloud-based software solution designed specifically for real estate and accounting teams. This platform integrates lease accounting and management applica
Crunchafi is the leading provider of user-friendly lease accounting software. Our Lease Accounting solution (formerly LeaseCrunch) is designed to simplify compliance with ASC 842, GASB 87, GASB 94, GA
40 Twitter followers
DualEntry is the AI-native ERP that helps finance teams achieve more in less time. With powerful automations, it takes manual work out of everything from everyday accounting, AR/AP, and revenue manage
DualEntry is an accounting software that aims to streamline financial workflows and improve data accuracy through its dual-entry system. Reviewers like the user-friendly interface, the automation of repetitive tasks, the real-time data syncing, and the software's ability to handle high-volume transactions smoothly. Reviewers experienced issues with the initial setup being time-consuming, lack of detailed documentation for advanced features, limited customization options, and occasional integration problems with other tools.
706 Twitter followers
Occupier is a cloud-based lease management software designed for commercial tenants to streamline lease administration, ensure ASC 842/IFRS 16 compliance, and optimize real estate operations. With int
589 Twitter followers
Whether you're managing a few leases or hundreds, NetLease gives you the power to stay compliant with ASC 842, IFRS 16, GASB 87, and GASB 96 — right from NetSuite. No integration. No hassle. Just f
24 Twitter followers
IBM TRIRIGA is an intelligent real estate and facilities management solution and a trusted IWMS Leader. With the smart application of data, IoT and AI, TRIRIGA gives you greater visibility into space
708,744 Twitter followers
Leasecake is the all-in-one lease management and lease accounting platform built for multi-location tenants and the teams that support them. Designed for multi-unit brands and enterprise corporati
276 Twitter followers
Manual data entry, spreadsheets, and disconnected documents slow accounting and audit teams down and increase the risk of errors in high-stakes workflows. Trullion is an AI-powered accounting platf
237 Twitter followers
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
122 Twitter followers
Watch a 6-minute demo here - https://www.cradleaccounting.com/insights/cradle-lease-accounting-demo Cradle is a cloud-based lease accounting software solution made by accountants for accountants. We
1,983 Twitter followers
Spacebase is a user-focused lease administration and lease accounting platform built to simplify lease accounting and lease administration. We support ASC 842, IFRS 16, and GASB 87 with audit-ready re
Black Owl Systems is a lease accounting software solution that helps organizations manage lease portfolios and maintain compliance with ASC 842, IFRS 16, and ASPE 3065. The platform centralizes lease
Rubli is a purpose-built, cloud-based lease accounting software designed for finance teams that need to comply with IFRS 16, ASC 842, and FRS 102 - without the risk of manual spreadsheets or the compl
