Best Lease Accounting Software
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Compare the Top Lease Accounting Software as of November 2025
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What is Lease Accounting Software?
Lease accounting software automates the management and reporting of lease agreements in compliance with accounting standards such as ASC 842, IFRS 16, and GASB 87. It helps organizations track lease terms, payment schedules, renewal options, and lease liabilities while generating accurate financial reports. The software often includes features for lease classification, amortization calculations, journal entry automation, and audit trail documentation. By centralizing lease data and ensuring regulatory compliance, it reduces manual effort, minimizes errors, and supports timely financial close processes. Lease accounting software is essential for companies managing multiple leases to maintain transparency and meet accounting obligations. Compare and read user reviews of the best Lease Accounting software currently available using the table below. This list is updated regularly.
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Portfolio Manager
Blue Sky Capital Strategies
Blue Sky's "Portfolio Manager" Lease Management Software is an easy to learn and use cloud-based solution for centralized tracking and reporting of lease contracts. By managing your lease contracts and associated maintenance contracts throughout the entire lifecycle you can strengthen the audit process, reduce costs, increase cash flows and mitigate risk with centralized visibility that drives enterprise value. Portfolio Manager provides complete status management for running leasing RFP's, tracking status, notes, documents and next steps for every open project. Bulk data imports allow for efficient data entry. Fully customizable with robust reporting capabilities. The custom report writer allows every data field to be exported to excel. Pre-built templates are available to feed most ASC842 lease accounting software templates. End of lease term management is automated with custom parameters and automatic notifications to ensure you never miss an end of lease term notification.Starting Price: $300.00/month -
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Visual Lease
Visual Lease
Visual Lease is the leading lease accounting and management software, 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 powerful platform supports any size or type of lease portfolio. Visual Lease is dedicated to providing a top-notch customer experience, and offers in-house implementation, training and support. -
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Financial and Management Information Systems or FMIS is a company with extensive experience in providing industry standard Asset Management solutions for medium to large enterprises, trusted in public and private sectors. FMIS pushes your current production efficiency to levels not possible previously by partnering up with a network of software companies that allow seamless integration with leading ERPs, Finance, and CRM systems. It is all done by combining critical features into one solution, which facilitates: Asset Budgeting, Asset Lifecycle Management, Audit Trail, Barcoding / RFID, Depreciation Management, and Inventory Tracking. These are just a few of the software options that have proven in different case studies performed in over 40 different countries, to help standardize operation practices while providing a cost-effective solution with the capability of managing various requirements.Starting Price: $3,500.00/one-time
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Xero
Xero
Xero’s cloud-based all-in-one accounting software makes managing your rental properties simple and efficient. Keep track of property finances in real time, including rent payments, expenses, and deposits, all in one place. Automate rent collection and streamline payment processes through GoCardless, while also managing tenant records and communication seamlessly. With Xero’s easy-to-use tools and cloud-based platform, you’ll have full control over your lease accounting, making your day-to-day operations easier and more organized.Starting Price: $20/month -
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Innago
Innago
Innago is a free and easy-to-use property management solution. Whether you have 1 unit or 1000, student housing, or commercial properties, Innago is built for you. Our software is designed to save you time and money, so you can spend more time doing the things that matter most. Our mission is to make renting simple, accessible, & affordable for landlords of any size. Too many alternatives are expensive & overwhelming, turning a "solution" into a problem. Innago allows you to easily: collect rent, screen tenants, list properties, manage work orders, create applications, sign leases, organize financials, communicate with tenants, & much more!Starting Price: Free -
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EZLease
EZLease
EZLease provides fast, simple lease accounting software for ASC 842, GASB 87, GASB 96 and IFRS 16 that ensures long-term compliance across equipment and real estate assets. With over 15 years of implementations across private, government and public organizations of all sizes, EZLease manages and automates lease data management and lease accounting and reporting processes, leveraging customer-first support and deep accounting expertise.Starting Price: $4,000 -
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iLeasePro
iLease Management LLC
iLeasePro is an intuitive, cost-effective, and accurate cloud solution that simplifies the transition to and on-going Lease Accounting under the ASC 842 Standard for Lessees. Our cloud-based SaaS solution accounts for Operating, Finance and Short-Term leases to ensure accurate compliance with ASC 842 Standard. With iLeasePro, you can easily generate the amortization schedule, journal entries and financial disclosure reports required by auditors. iLeasePro integrates with several accounting solutions to offer seamless uploading of journal entries into your general ledger. In addition to the lease accounting features, iLeasePro offers you the ability to add unlimited number of users to your account who will have access to critical date tracking and notifications, uploading of electronic lease documents that are linked with a lease, portfolio management capabilities and over 50 standard lease accounting and lease administration reportsStarting Price: $99 -
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UGAAP Lease Accounting
UGAAP
UGAAP was founded to automate the complicated yet repeatable process of lease accounting with software technology. Our software helps companies avoid messy transition and ongoing noncompliance risks under the new standard. We help companies save human capital costs in accounting and financial reporting areas. Send us a message today and let's show you what we can do for your accounting needs. Our vision is to create software to automate all complicated calculation and processes in all accounting and tax subjects. We believe lease accounting software is a good example to enable businesses to focus on doing business, not spending excessive resources on compliances. All products are supported by our top-notch GAAP specialists.Starting Price: $3600 one time fee -
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LeaseQuery
LeaseQuery
LeaseQuery is a cloud-based software for lease accounting and lease management that helps organizations comply with the current and new lease accounting standards, including FASB ASC 842, IFRS 16, and GASB 87. The software is capable of handling all types of leases and assets, including both capital and operating leases for equipment, vehicles, and real estate. Key features and functionalities include: • Lease accounting • Lease management and administration • Lease tracking • Document management • Data integrity • Support for internal controls • General ledger agnostic -
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AMTdirect
MRI Software
AMTdirect is the most trusted name in lease administration and accounting and FASB 842 compliance. Designed for portfolios with 50 or more locations, AMTdirect seeks to help address the challenges faced by corporate real estate professionals every day. The software gives users access to a complete inventory of their property, location and lease information, contracts, associated expenses and revenues, and all related documents in one platform. For lessor accounting, achieve ASC 842, IFRS 16 & GASB 87 compliance for lease receivables linked to a head-lease payable, whether the subtenant is a third party company or intercompany. For lease level accounting, you’ll have access to an audit trail for each lease of all balance sheet calculations, each displaying amortization, opening/closing liability, interest, depreciation etc for each period in line with company-specific accounting calendar. -
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LeaseAccelerator
LeaseAccelerator
LeaseAccelerator, an insightsoftware company is the only enterprise lease lifecycle automation solution that provides centralized, asset-level data to multiple stakeholders, including CFOs, VPs of Real Estate, Treasurers, and Procurement Officers. With LeaseAccelerator’s suite of products, you can optimize the entire global leasing process - from equipment sourcing and real estate lease administration to asset-level accounting for long-term compliance with ASC 842 and IFRS 16 For over two decades, CFOs, Controllers, VPs of Real Estate, Treasurers, and Chief Procurement Officers have chosen LeaseAccelerator to transform leasing and lease management from a compliance project to a strategic initiative that generates cash flow and business insights. With our end-to-end, asset-level, SaaS platform, clients are weathering market shifts, including changes in lease accounting and emissions standards, economic uncertainty, and pressure to consolidate strategic financial systems. -
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Cradle
Cradle
Journal entries — automated. Complex calculations — instant. ASC 842 & IFRS 16 compliant — always. No need for a long-drawn-out sales call or tiresome negotiation. Simply sign up, enter your details and get started with your accounting tasks. Choose from a plethora of customizable fields and methodologies and let Cradle guide you to the applicable accounting areas of the contract. Input your data and customize the software to your needs. Run fast, accurate-to-the-cent calculations and have your journal entries done immediately. Remove the guesswork and stress that comes with accounting under the new lease accounting standards ASC 842 and IFRS 16. Refine and update your lease accounting processes, all while saving time and money. We also offer complete implementation guidance. Whether you are a financial controller for a public company, or a small business owner that still needs to adhere to financial reporting requirements, Cradle will save you time.Starting Price: $10 per month -
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CCH Tagetik
Wolters Kluwer
Companies trust CCH Tagetik Corporate Performance Management software to save time, lower costs and reduce risk. Get a faster close, more forward looking-planning and in-depth analytics by connecting data, processes and people with a single trusted source. CCH Tagetik Finance Transformation Platform, powered by the Analytic Information Hub, is the unified platform that connects finance and operations and streamlines your consolidation & close, planning, reporting & analytics, disclosures and compliance. -
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Nomos One
Nomos One Limited
Nomos One is your trusted, IFRS 16 lease accounting and lease management software solution. Perfect for property, equipment, vehicles and any type of asset, Nomos One will transform the way you manage your portfolio and help you achieve compliance with IFRS 16 (AASB 16). You'll benefit from event tracking and reminders, customizable fields and reports, easy document generation, and unlimited users, storage and support. -
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IRIS Lease Accounting
IRIS Software Group
Achieve IFRS 16 and ASC 842 compliance with ease. With IRIS Lease Accounting, businesses can easily automate compliance with the latest lease accounting standards, transform leasing processes, align strategies across an organization, and improve leasing outcomes. IRIS Lease Accounting is a proven solution that simplifies compliance with the IFRS 16 and ASC 842 standards. From publicly listed companies to public sector bodies, thousands of finance professionals around the world rely on IRIS Innervision to transform their leasing processes, centralize their data and automate lease accounting compliance. Replace ineffective spreadsheets and easily comply with the latest lease accounting standards, IFRS 16 and ASC 842, this year and every year. -
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Bloomberg Tax & Accounting Leased Assets
Bloomberg Tax & Accounting
ASC842 and IFRS16 Compliance: Delivered. Bloomberg Tax & Accounting Leased Assets manages all leased asset types and provides complex calculations for right-of-use assets and lease liabilities. Our SaaS solution provides accurate classification, accounting, and reporting for leased assets under the two new standards – IFRS 16 and ASC 842. Streamline your workflow with integration to and from multiple ERP/GL/AP, leasing systems, or other internal systems. Confidently help your clients comply with ASC 842 and IFRS 16. Increase efficiencies with automated lease accounting processes and ensure accuracy with comprehensive calculations. -
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PowerPlan
PowerPlan
PowerPlan’s Lease Accounting Solution Suite helps companies determine their optimal adoption strategy for the ASC 842 and IFRS 16 lease accounting standards. The solution is also compatible with multiple accounting treatments, including GAAP, IFRS and FERC. Use scenario analysis in the solution to analyze different adoption scenarios and determine your strategy for adopting the new lease accounting standards. Manage all capital and operating leases, including equipment, real estate and purchase power agreements. Reduce audit risk by eliminating manual tasks, ensuring accurate billing, reporting and documentation. Time-saving solutions like integrated invoice creation with billing departments provide better traceability and recognition of receivables. Automate the full range of lease calculations, from simplistic to the most complex, including variable rate and dynamic lease calculations. -
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Yardi Corporate Lease Manager
Yardi Systems
Corporate Lease Manager. Optimize efficiency, improve compliance and reduce risk with a comprehensive lease management solution. Corporate Lease Manager puts lease data and functionality at your fingertips. Deal management workflows, lease management functions and a FASB/IFRS compliant lease accounting system, now in one powerful platform. Lease Accounting. Trusted by over 5,000 major real estate businesses, Yardi brings focus and real estate accounting expertise to the corporate occupier market. Corporate Lease Manager is layered on our best-in-class real estate accounting platform which helps your organization comply with FASB ASC 842/IFRS 16 reporting guidelines, calculate present value and amortization schedules, generate payables and journal entries and process payments all on one single platform. Lease Management. Fresh and simple user interface with powerful features to manage your lease portfolio end-to-end. Manage all your real estate and equipment leases. -
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LTi ASPIRE
LTi Technology Solutions
ASPIRE, our comprehensive equipment finance solution taps into identifying your organization’s challenges and constraints and then delivers solutions to propel your organization forward. With our deep history in the equipment finance industry, LTi remains a leader in providing innovative lease and loan solutions to companies worldwide. A flexible platform allows for expert configurations for a variety of business needs and workflows. The CRM allows lead tracking and opportunity/sales territory management. Along with proposal creation, pipeline coordination, and reporting. Manage any type of lease or loan with a flexible structure and a term and revolving line of credit. Termination, real-time credit checks and decisions, eSignature and document management, midterm modifications, and rollovers. Along with portfolio and asset management. Stay in compliance with auto tax jurisdiction assignment, robust UCC insurance tracking, user, and transaction security features. -
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Trullion
Trullion
Trullion is an AI accounting oversight platform that automates data management, streamlines audits, and ensures accurate reporting across accounting workflows. Teams in areas like lease accounting, revenue recognition, and auditing can access the platform using a tailored UI while maintaining 100% confidence that their data is accurate and uniform across all roles and stakeholders. Controllers and their teams automate the majority of tedious manual work. Trullion reads Excel or PDF-based contracts and converts them into financial workflows that are connected to the data source. AI automatically detects and extracts important data from these agreements, and creates auditable journal entries compliant with ASC 842, IFRS 16, ASC 840, and IFRS 15. With Trullion, accounting teams and auditors work faster with confidence, finance executives trust the results, and everyone operates from a single source of truth. -
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MRI ProCalc
MRI Software
Create, analyze and compare any type of office, industrial or retail leasing or purchasing scenario with MRI ProCalc. Quickly analyze, scrutinize, and financially dissect a lease deal to simplify cash flow analysis and explore what-ifs with any variable. Analyze leases and compare the financial impact of different scenarios from the perspective of tenants and landlords to help make smarter decisions. A valuable tool for real estate professionals involved in the negotiation of leasing or purchasing commercial, office, industrial or retail space. Get answers to complex questions with goal-seeking functionality that determines which assumptions are required to produce your desired result. MRI ProCalc lease analysis software enables commercial real estate professionals to analyze and compare leases from the perspective of tenants, sublessors, landlords, or purchasers. Lease analysis is an essential tool for anyone involved in negotiating the lease or purchase of properties. -
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MRI Horizon CRE
MRI Software
Adopt a SaaS solution designed specifically for CRE occupiers, with development based on core real estate processes. Remove restrictions and barriers by using the latest, industry-standard open technology, making it easy to adapt and integrate with your corporate systems and third-party applications. Access a full and unrivaled software suite with fully integrated leasing, property and facilities management functionality at your fingertips. Adapt to the challenges and complexities of new lease accounting standards with FASB ASC 842 accounting capabilities. If you're tasked with managing real estate activities within your organization, you need flexible corporate real estate software that addresses the pressures and complexities of your job. These range from simply ensuring basic lease, transaction and facilities management processes run correctly and accurately, through to a responsibility to meet reporting and accounting requirements. -
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Nominal
Nominal
Transform business logic into AI-powered workflows so you can focus on strategy over spreadsheets. Streamline your transactions across siloed systems and extend your capabilities to manage entire cross-entity transaction chains. Nominal normalizes and aggregates data across siloed accounting systems, ensuring accurate financial information is available in one place. Nominal detects, suggests, and performs end-to-end transactions and inter-company eliminations for cleaner, audit-ready books. Nominal connects to your accounting software and the rest of your financial stack. Nominal’s twin-ledger is a hierarchical multi-entity GL that’s always in sync with all of your books, with no migration, and no risk. Nominal offers third-party integrations coupled with integrated sub-ledgers to ensure compliance with accounting standards such as lease accounting and revenue recognition. Harness the power of generative AI to transform your unique business processes into automation. -
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MRI Software
MRI Software
MRI’s comprehensive and flexible technology platform coupled with an open and connected ecosystem meets the unique needs of real estate businesses—from property-level management and accounting to investment modeling and analytics for the global commercial and residential markets. A pioneer of the real estate software industry, MRI develops lasting client relationships based on nearly five decades of expertise and insight. Through leading solutions and a rich partner ecosystem, MRI liberates real estate companies to elevate their business and gain a competitive edge. ecosystems are MRI Software’s fourth acquisition in the multifamily space in the last 12 months, following CallMaX, ResidentCheck, and Tenmast Software and HAB, Inc. This latest acquisition continues to reinforce MRI’s commitment to the multifamily industry. ecosystems is the premier developer of cloud-based software specifically tailored for the multi-family condo industry. -
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LeaseCrunch
LeaseCrunch
LeaseCrunch is a simple, scalable, cloud-based solution that allows CPA firms, companies, and government entities to address the biggest challenges in the new lease standard while automating the required deliverables. LeaseCrunch Verify is an easy-to-use solution for CPA firms to audit their clients’ lease accounting. LeaseCrunch Verify is a trusted source for lease accounting calculations, reducing the hours of an audit, and giving your firm better economies of scale. Affordable, cost-effective, and scalable solutions for one lease or for thousands of leases. Input a lease in as little as three minutes or verify lease inputs in minutes. LeaseCrunch was specifically designed to help CPA firms and their clients simplify the new lease standard. Because LeaseCrunch is the easiest lease accounting software on the market. A simple but powerful tool, LeaseCrunch is easy to use, affordable and scalable, and built for CPA firms. Discover what sets us apart.
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