It's been two months since this profile received a new review

LeaseCalcs Reviews & Product Details

LeaseCalcs Product Details

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.

Seller

LeaseCalcs

Discussions

LeaseCalcs Community

Languages Supported

English

Product Description

LeaseCalcs develops customized accounting software solutions for various clients.

Overview by

Marc Maiona (Founder & President - LeaseCalcs, Inc.)

Pricing

Pricing provided by LeaseCalcs.

Silver Plan

$24,999.00

100 Leases Per Year

Gold Plan

$29,999.00

250 Leases Per Year

View More Pricing Information

Top-Rated Alternatives

LeaseQuery powered by FinQuery

AppFolio Property Manager

4.6/5

(819)

View All Alternatives

LeaseCalcs Media

LeaseCalcs - Performance Dashboard offers quick access to the most used OOB Reports available in the application; Disclosures, Future Minimum Lease Payments, Additions, Terminations, Expirations, Journal Entries, Deferred Rent and Amortization, ROU & Interest, Ending Balance Sheet, Roll Forwa...

LeaseCalcs Demo - LeaseCalcs' Library View

Two Libraries - Real Estate & Equipment. Each library will have three tabs, In Progress (leases being entered, edited or amended), Pending Approval (leases that are in an Approval review, with the ability to track where the lease is in the Workflow), Approved (Leases that have been approved...

Robust functionality for anything that happens in your lease portfolio, impairments, transfers, prepaid rent, AROs, etc.

LeaseCalcs Demo - LeaseCalcs' Dynamic Interface

LeaseCalcs' Dynamic Interface allows for total flexibility in entering lease data.

LeaseCalcs' Disclosures report provides for Annual, Quarterly, TYD and "as of" Disclosures, including lease-by-lease and audit report downloads.

LeaseCalcs' customized Report Summary provides high level overview of the financial data that has been entered through the dynamic interface. Users can create a customized template (selecting from 170+ data points) that can be used by an individual or by everyone in the subscription.

G2 reviews are authentic and verified.

Here's how.

JP

Jonathan P.

Enterprise (> 1000 emp.)

3/7/2023

"Great Software for Managing Leases"

5/5

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. Review collected by and hosted on G2.com.

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). Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

SD

Scott D.

Enterprise (> 1000 emp.)

3/3/2023

"LeaseCalcs is an excellent tool to manage our real estate portfolio."

5/5

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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

MK

Melissa K.

Enterprise (> 1000 emp.)

3/7/2023

"Excellent solution for lease accounting"

5/5

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. Review collected by and hosted on G2.com.

What do you dislike about LeaseCalcs?

I have not encountered anything to date that I don't like about LeaseCalcs. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

NW

Nakisha W.

Enterprise (> 1000 emp.)

3/3/2023

"Lease Calcs: Great for Real Estate Management and Accounting"

5/5

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 Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

JJ

JoEllyn J.

Assistant Controller

Enterprise (> 1000 emp.)

3/3/2023

"Great software and great customer support"

5/5

What do you like best about LeaseCalcs?

Easy-to-follow screens and inputs. Friendly and knowledgeable staff. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

BM

Barbara M.

Enterprise (> 1000 emp.)

3/9/2023

"LeaseCalcs is a wonderful product for tracking leases and offers top notch customer service!"

5/5

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. Review collected by and hosted on G2.com.

What do you dislike about LeaseCalcs?

I would like to see more support detail on the calculation. Review collected by and hosted on G2.com.

EF

Eamonn F.

Director, Assistant Controller

Enterprise (> 1000 emp.)

3/2/2023

"Great software and client service"

5/5

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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

CG

Carrianne G.

Senior Accountant

Enterprise (> 1000 emp.)

3/2/2023

"Great for all Lease Accounting Needs!"

5/5

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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

DJ

Dean J.

Enterprise (> 1000 emp.)

3/6/2023

"Excellent Product and Service!"

4.5/5

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! Review collected by and hosted on G2.com.

What do you dislike about LeaseCalcs?

There isn't anything that I can think of that I dislike at this point in our implementation. Review collected by and hosted on G2.com.

MA

Mehak A.

Assistant Manager

Small-Business (50 or fewer emp.)

9/28/2022

"Very Helpful for keeping a track of leases"

5/5

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. Review collected by and hosted on G2.com.

What do you dislike about LeaseCalcs?

Leasecalcs is making changes every month over coming on the missing things. Review collected by and hosted on G2.com.