---
title: "Best Lease Accounting Software 2026 | Capterra"
description: "Find the top Lease Accounting software of 2026 on Capterra. Based on millions of verified user reviews - compare and filter for whats important to you to find the best tools for your needs."
source_url: "https://www.capterra.com/lease-accounting-software/"
page_type: "category"
language: "en"
---

# Best Lease Accounting Software

Last updated on August 26, 2026

How to find the right Lease Accounting Software?

Learn more from our team about Lease Accounting Software pricing features and benefits in our Lease Accounting Buyers Guide

Verified Insights

Provider data verified by our Software Research team and reviews moderated by our Reviews Verification team.  
[Learn more](https://www.capterra.com/our-story/)

## What is lease accounting software?

Researched by: [Capterra](https://www.capterra.com/resources/author/capterra/)

Updated on August 26, 2026

[Lease accounting software](https://www.capterra.com/lease-accounting-software/) is a tool that helps businesses manage the financial and regulatory aspects of leases. The financial aspects include accounting functions such as amortization, budgeting, and portfolio management, whereas the regulatory aspects ensure compliance with international and domestic accounting standards such as the FASB ASC 842 and IFRS 16.

* * *

For more information consult our [Lease Accounting Buyers Guide](#buyers-guide-content)

## UGAAP

Rating: 4.3 out of 5 (10 reviews)

Profile: [UGAAP](https://www.capterra.com/p/185851/UGAAP-Lease-Accounting-Software/)

Visible tabs: Overview, Features, Gallery

### Overview tab

#### What is this product about?

Generate your lease disclosure reports under ASC 842, GASB 87, or IFRS 16 with UGAAP.

#### Rating breakdown

- Ease of Use: 4.6 out of 5

- Customer Service: 5.0 out of 5

- Features: 4.4 out of 5

- Value for Money: 4.8 out of 5

#### Pros and cons based on reviews

Not available

#### Starting price

Starting price: $4800.00

Pricing details: Per Feature, One Time

Free trial: Yes

Free demo: No

### Features tab

#### Highest rated features

- Amortization Schedule: 4.0 rating

- Compliance Management: 4.0 rating

- Reporting/Analytics: 4.0 rating

### Gallery tab

Ease of use: 4.6 out of 5 (10 reviews)

---

## Black Owl

Rating: 4.8 out of 5 (4 reviews)

Profile: [Black Owl](https://www.capterra.com/p/265088/Black-Owl-Lease-Accounting/)

Visible tabs: Overview, Features, Gallery

### Overview tab

#### What is this product about?

Ensure lease accounting compliance with our all-in-one solution for lessee, lessor, and sublease accounting.

#### Rating breakdown

- Ease of Use: 5.0 out of 5

- Customer Service: 5.0 out of 5

- Features: 4.8 out of 5

- Value for Money: 5.0 out of 5

#### Pros and cons based on reviews

Not available

#### Starting price

Starting price: Not available

Free trial: No

Free demo: Yes

### Features tab

#### Highest rated features

- Accounting: 5.0 rating

- Amortization Schedule: 5.0 rating

- Compliance Management: 5.0 rating

- Reporting/Analytics: 4.5 rating

#### Lowest rated features

- Data Import/Export: 2.5 rating

- Audit Trail: 3.0 rating

- Portfolio Management: 4.0 rating

- Audit Management: 5.0 rating

### Gallery tab

Ease of use: 5.0 out of 5 (4 reviews)

---

## Yardi Corom

Rating: 5.0 out of 5 (5 reviews)

Profile: [Yardi Corom](https://www.capterra.com/p/248342/Yardi-Corom/)

Visible tabs: Overview, Features, Gallery, Integrations

### Overview tab

#### What is this product about?

Automate ASC 842 and IFRS 16 with accurate schedules, entries, disclosures, and audit trails to close faster with confidence.

#### Rating breakdown

- Ease of Use: 5.0 out of 5

- Customer Service: 5.0 out of 5

- Features: 4.8 out of 5

- Value for Money: 5.0 out of 5

#### Pros and cons based on reviews

Not available

#### Starting price

Starting price: Not available

Pricing details: Usage Based, Per Year

Free trial: No

Free demo: Yes

### Features tab

#### Most popular features

- Amortization Schedule: Available

- Billing & Invoicing: Available

- For Equipment Leases: Available

- For Real Estate: Available

- Portfolio Management: Available

- Budgeting/Forecasting: Available

- Critical Date Alerts: Available

- Expense Tracking: Available

- AI Copilot: Not available

- Asset Lifecycle Management: Available

- Capitalization Reporting: Available

- Compliance Management: Available

### Gallery tab

Ease of use: 5.0 out of 5 (5 reviews)

### Integrations tab

Yardi Corom connects with 2+ software tools.

[See all integrations](https://www.capterra.com/p/248342/Yardi-Corom/#integrations)

#### Most popular integrations

- Microsoft Excel: 4.8 rating

- Microsoft SharePoint: 4.4 rating

---

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## ZenTreasury IFRS 16 Lease Accounting

Rating: 5.0 out of 5 (3 reviews)

Profile: [ZenTreasury IFRS 16 Lease Accounting](https://www.capterra.com/p/176064/ZenTreasury-Leasing/)

Visible tabs: Overview, Features, Gallery

### Overview tab

#### What is this product about?

IFRS 16 lease accounting subledger for the Office of the CFO. Multi-entity, multi-currency, with audit-ready journals and schedules.

#### Rating breakdown

- Ease of Use: 5.0 out of 5

- Customer Service: 5.0 out of 5

- Features: 4.3 out of 5

- Value for Money: 5.0 out of 5

#### Pros and cons based on reviews

Not available

#### Starting price

Starting price: €15360.00

Pricing details: Other, Per Year

Free trial: No

Free demo: Yes

### Features tab

#### Most popular features

- Amortization Schedule: Available

- Billing & Invoicing: Not available

- For Equipment Leases: Available

- For Real Estate: Not available

- Portfolio Management: Available

- Budgeting/Forecasting: Available

- Critical Date Alerts: Available

- Expense Tracking: Not available

- AI Copilot: Not available

- Asset Lifecycle Management: Available

- Capitalization Reporting: Available

- Compliance Management: Available

### Gallery tab

Ease of use: 5.0 out of 5 (3 reviews)

---

## FMIS Fixed Asset Management

Rating: 4.5 out of 5 (27 reviews)

Profile: [FMIS Fixed Asset Management](https://www.capterra.com/p/152394/FMIS-Asset-Management/)

Visible tabs: Overview, Features, Gallery, Integrations

### Overview tab

#### What is this product about?

Lease accounting software for lessees, supporting IFRS 16, ASC 842, and FRS 102 with automated calculations and audit-ready reporting.

#### Rating breakdown

- Ease of Use: 4.3 out of 5

- Customer Service: 4.6 out of 5

- Features: 4.6 out of 5

- Value for Money: 4.4 out of 5

#### Pros and cons based on reviews

Not available

#### Starting price

Starting price: $4500.00

Pricing details: Per User, One Time

Free trial: No

Free demo: Yes

### Features tab

#### Highest rated features

- Reporting/Analytics: 5.0 rating

### Gallery tab

Ease of use: 4.3 out of 5 (27 reviews)

#### Related review snippet

Reviewer: Jessica W.

Reviewer details: Warehousing, 201-500 employees

Published: February 3, 2023

> "Tons of excellent information shared to determine if the program was right for our company, very responsive service, detailed training."

### Integrations tab

FMIS Fixed Asset Management connects with 1+ software tools.

[See all integrations](https://www.capterra.com/p/152394/FMIS-Asset-Management/#integrations)

#### Most popular integrations

- Deltek Vantagepoint: 4.0 rating

---

## Sage Intacct

Rating: 4.3 out of 5 (716 reviews)

Profile: [Sage Intacct](https://www.capterra.com/p/76/Intacct/)

Visible tabs: Overview, Features, Gallery, Integrations

### Overview tab

#### What is this product about?

ASC 842-compliant lease accounting for organizations with 20+ staff and $5M+ revenue. Automate schedules, entries, and reporting.

#### Rating breakdown

- Ease of Use: 4.2 out of 5

- Customer Service: 4.0 out of 5

- Features: 4.2 out of 5

- Value for Money: 4.0 out of 5

#### Pros and cons based on reviews

Pros:

- Flexible cloud-based financial platform

- Real-time customizable dashboards

Cons:

- High and escalating costs

- Frequent technical glitches and errors

#### Starting price

Starting price: Not available

Pricing details: Per User

Free trial: No

Free demo: Yes

### Features tab

#### Highest rated features

- Activity Dashboard: 5.0 rating

- Data Import/Export: 5.0 rating

- General Ledger: 5.0 rating

- Reporting/Analytics: 5.0 rating

#### Feature-related review snippet

Reviewer: Allie C.

Reviewer details: Accounting, 51-200 employees

Published: May 5, 2026

> "The console allows us to easily switch between clients and see each of their instances."

### Gallery tab

Ease of use: 4.2 out of 5 (716 reviews)

#### Related review snippet

Reviewer: Nicole H.

Reviewer details: Non-Profit Organization Management, 201-500 employees

Published: May 6, 2026

> "The dashboards and custom reports provide clear, real-time insights, and the automation of processes like journals and approvals saves significant time compared to manual systems."

### Integrations tab

Sage Intacct connects with 126+ software tools.

[See all integrations](https://www.capterra.com/p/76/Intacct/#integrations)

#### Most popular integrations

- PayPal: 4.6 rating

- Microsoft Excel: 4.8 rating

- Salesforce Sales Cloud: 4.3 rating

- Expensify: 4.4 rating

- Adobe Commerce: 4.3 rating

- authorize.net: 4.5 rating

#### Integrations-related review snippet

Reviewer: Alina G.

Reviewer details: Health, Wellness and Fitness, 201-500 employees

Published: April 29, 2026

> "Being able to use enter company allocations, and the open API allows integrations with ADP and ramp and any other software"

---

## Xero

Rating: 4.4 out of 5 (3,318 reviews)

Profile: [Xero](https://www.capterra.com/p/120109/Xero/)

Visible tabs: Overview, Features, Gallery, Integrations

### Overview tab

#### What is this product about?

Xero is an online accounting software solution for small businesses, sole traders, and accountants in any industry.

#### Rating breakdown

- Ease of Use: 4.4 out of 5

- Customer Service: 4.0 out of 5

- Features: 4.3 out of 5

- Value for Money: 4.2 out of 5

#### Pros and cons based on reviews

Pros:

- Accessible and intuitive platform

- Comprehensive financial oversight tools

Cons:

- Recurring technical glitches

- Slow and inconvenient email support

#### Starting price

Starting price: $25.00

Pricing details: Flat Rate, Per Month

Free trial: Yes

Free demo: No

### Features tab

#### Highest rated features

- Reporting/Analytics: 5.0 rating

- Compliance Management: 4.0 rating

- For Real Estate: 4.0 rating

#### Feature-related review snippet

Reviewer: Danielle T.

Reviewer details: Mechanical or Industrial Engineering, 11-50 employees

Published: March 6, 2026

> "very user friendly and the interface is easy to look at everyday."

### Gallery tab

Ease of use: 4.4 out of 5 (3,318 reviews)

#### Related review snippet

Reviewer: Rebecca R.

Reviewer details: Construction, 11-50 employees

Published: May 26, 2026

> "I also appreciate the cloud-based access, which allows me to manage accounting from anywhere, along with the seamless bank integrations that help save time and keep records accurate."

### Integrations tab

Xero connects with 141+ software tools.

[See all integrations](https://www.capterra.com/p/120109/Xero/#integrations)

#### Most popular integrations

- Expensify: 4.5 rating

- Epos Now: 3.8 rating

- Harvest: 4.6 rating

- ActiveCollab: 4.5 rating

- Checkfront: 4.5 rating

- Plooto: 4.3 rating

#### Integrations-related review snippet

Reviewer: Bill N.

Reviewer details: Accounting, 501-1,000 employees

Published: April 21, 2026

> "Its wide range of integrations also allowed us to build a connected, scalable finance system with minimal effort."

---

## Innago

Rating: 4.9 out of 5 (529 reviews)

Profile: [Innago](https://www.capterra.com/p/166893/Innago/)

Visible tabs: Overview, Features, Gallery, Integrations

### Overview tab

#### What is this product about?

Cloud-based rental management software that helps small to mid-sized landlords collect rent, sign leases, and manage tenants.

#### Rating breakdown

- Ease of Use: 4.8 out of 5

- Customer Service: 4.9 out of 5

- Features: 4.8 out of 5

- Value for Money: 5.0 out of 5

#### Pros and cons based on reviews

Pros:

- Highly responsive support team

- Intuitive and organized interface

Cons:

- Recurring technical glitches

#### Starting price

Starting price: $0.00

Pricing details: Flat Rate

Free trial: No

Free demo: No

### Features tab

#### Highest rated features

- Accounting: 4.7 rating

- Billing & Invoicing: 5.0 rating

- Financial Management: 4.9 rating

- Reporting/Analytics: 4.9 rating

#### Lowest rated features

- Portfolio Management: 4.8 rating

- Document Management: 5.0 rating

- Transaction History: 5.0 rating

- Expense Tracking: 5.0 rating

#### Feature-related review snippet

Reviewer: Dana K.

Reviewer details: Commercial Real Estate, Self-employed

Published: March 30, 2026

> "It’s intuitive, reliable and surprisingly powerful for a free system."

### Gallery tab

Ease of use: 4.8 out of 5 (529 reviews)

#### Related review snippet

Reviewer: Elizabeth B.

Reviewer details: Real Estate, 1-10 employees

Published: April 7, 2026

> "The tool costs me nothing, yet it provides a way to screen tenants effectively, store leases, remind the tenant of upcoming payments, receive payments and track when payments are received."

### Integrations tab

Innago connects with 6+ software tools.

[See all integrations](https://www.capterra.com/p/166893/Innago/#integrations)

#### Most popular integrations

- QuickBooks Online: 4.8 rating

- Dropbox Sign: 4.7 rating

- Plaid: 4.4 rating

- Zillow Rental Manager: 4.0 rating

- Equifax: 4.5 rating

- Zumper: 5.0 rating

#### Integrations-related review snippet

Reviewer: Brittany P.

Reviewer details: Real Estate, 1-10 employees

Published: May 9, 2023

> "The best free property management software that allows you to create and sign leases, screen tenants with background checks, split disbursements of rental payments from multiple properties amount multiple bank accounts as well as integration with tenant search websites such as zillow to provide assistance with filling vacancies."

---

## Entrata

Rating: 4.6 out of 5 (444 reviews)

Profile: [Entrata](https://www.capterra.com/p/20372/Entrata/)

Visible tabs: Overview, Features, Gallery, Integrations

### Overview tab

#### What is this product about?

Entrata is the property management software that saves lease accounting teams time with lease tracking, financial reporting, and more.

#### Rating breakdown

- Ease of Use: 4.5 out of 5

- Customer Service: 4.5 out of 5

- Features: 4.5 out of 5

- Value for Money: 4.6 out of 5

#### Pros and cons based on reviews

Pros:

- Effortless system navigation

- Intuitive and accessible design

Cons:

- Complex and slow reporting

- Frequent glitches and errors

#### Starting price

Starting price: Not available

Free trial: No

Free demo: No

### Features tab

#### Highest rated features

- Accounting: 4.8 rating

- Document Management: 4.8 rating

- Billing & Invoicing: 4.9 rating

- Transaction History: 4.6 rating

#### Lowest rated features

- Alerts/Notifications: 4.0 rating

- Data Import/Export: 4.0 rating

- Expense Tracking: 4.5 rating

- Portfolio Management: 4.5 rating

#### Feature-related review snippet

Reviewer: Cameo G.

Reviewer details: Real Estate, 11-50 employees

Published: December 11, 2025

> "Overall, I like the system with Entrata, it is user friendly, especially for beginners."

### Gallery tab

Ease of use: 4.5 out of 5 (444 reviews)

#### Related review snippet

Reviewer: Breyden M.

Reviewer details: Real Estate, 201-500 employees

Published: December 16, 2025

> "The system excels in streamlining workflows like generating leases, processing renewals, and tracking payments."

### Integrations tab

Entrata connects with 3+ software tools.

[See all integrations](https://www.capterra.com/p/20372/Entrata/#integrations)

#### Most popular integrations

- Google Analytics 360: 4.7 rating

- Domo: 5.0 rating

- RealPage: 4.2 rating

#### Integrations-related review snippet

Reviewer: Nick J.

Reviewer details: Real Estate, 11-50 employees

Published: July 25, 2025

> "I like how easy it is to use once all of our information is integrated."

---

## abcoa Deal Pack

Rating: 4.8 out of 5 (135 reviews)

Profile: [abcoa Deal Pack](https://www.capterra.com/p/96249/abcoa-Deal-Pack/)

Visible tabs: Overview, Features, Integrations

### Overview tab

#### What is this product about?

Addresses issues critical to the successful operation of your car lot, finance company, leasing company or service and parts operation.

#### Rating breakdown

- Ease of Use: 4.6 out of 5

- Customer Service: 5.0 out of 5

- Features: 4.6 out of 5

- Value for Money: 4.6 out of 5

#### Pros and cons based on reviews

Not available

#### Starting price

Starting price: $99.00

Pricing details: Per User, Per Month

Free trial: No

Free demo: No

### Features tab

#### Highest rated features

- Reporting/Analytics: 4.3 rating

- Document Management: 4.7 rating

- Billing & Invoicing: 5.0 rating

- Accounting: 5.0 rating

#### Feature-related review snippet

Reviewer: Marcela R.

Reviewer details: Automotive, 11-50 employees

Published: April 26, 2022

> "We will like to be on the web base interface since that's the one we were demo and sold on, I hope soon."

### Integrations tab

abcoa Deal Pack connects with 10+ software tools.

[See all integrations](https://www.capterra.com/p/96249/abcoa-Deal-Pack/#integrations)

#### Most popular integrations

- Docusign: 5.0 rating

- PartsTech: 4.6 rating

- Dealer Car Search: 3.4 rating

- ProMax Unlimited: 3.5 rating

- RouteOne: 4.8 rating

- ALLDATA Shop Manager: 4.2 rating

#### Integrations-related review snippet

Reviewer: Marcela R.

Reviewer details: Automotive, 11-50 employees

Published: April 26, 2022

> "We will like to be on the web base interface since that's the one we were demo and sold on, I hope soon."

---

## CCH Tagetik

Rating: 4.4 out of 5 (108 reviews)

Profile: [CCH Tagetik](https://www.capterra.com/p/62308/CCH-Tagetik/)

Visible tabs: Overview, Features, Gallery, Integrations

### Overview tab

#### What is this product about?

CCH Tagetik's Lease Accounting software solution helps you transition to the new leasing regulations and get compliant quickly.

#### Rating breakdown

- Ease of Use: 4.1 out of 5

- Customer Service: 4.5 out of 5

- Features: 4.4 out of 5

- Value for Money: 4.2 out of 5

#### Pros and cons based on reviews

Not available

#### Starting price

Starting price: $50000.00

Pricing details: Per Feature

Free trial: No

Free demo: No

### Features tab

#### Highest rated features

- Budgeting/Forecasting: 5.0 rating

- Financial Analysis: 5.0 rating

- Forecasting: 5.0 rating

- Multi-Location: 5.0 rating

#### Lowest rated features

- Reporting/Analytics: 5.0 rating

### Gallery tab

Ease of use: 4.1 out of 5 (108 reviews)

#### Related review snippet

Reviewer: elisa Z.

Reviewer details: Financial Services, 501-1,000 employees

Published: April 9, 2026

> "What I appreciated most about CCH Tagetik is its ability to automate complex consolidation and financial close processes, which greatly reduces manual effort and the risk of errors."

### Integrations tab

CCH Tagetik connects with 9+ software tools.

[See all integrations](https://www.capterra.com/p/62308/CCH-Tagetik/#integrations)

#### Most popular integrations

- Microsoft PowerPoint: 4.7 rating

- Microsoft Excel: 5.0 rating

- Microsoft 365: 5.0 rating

- Microsoft Word: 5.0 rating

- Microsoft Power BI: 4.6 rating

- SAP S/4HANA Cloud: 4.7 rating

- Qlik Sense: 4.5 rating

- SAP BW/4HANA: 3.7 rating

- SAP Datasphere

---

## MRI Property Management

Rating: 4.3 out of 5 (108 reviews)

Profile: [MRI Property Management](https://www.capterra.com/p/79570/MRI-Software/)

Visible tabs: Overview, Features, Gallery, Integrations

### Overview tab

#### What is this product about?

Unify all your leasing, property management, facilities, and finance operations with MRI’s AI-powered property management software.

#### Rating breakdown

- Ease of Use: 4.2 out of 5

- Customer Service: 4.2 out of 5

- Features: 4.1 out of 5

- Value for Money: 3.9 out of 5

#### Pros and cons based on reviews

Not available

#### Starting price

Starting price: $5000.00

Free trial: No

Free demo: No

### Features tab

#### Highest rated features

- Billing & Invoicing: 4.0 rating

- Compliance Management: 4.7 rating

- Financial Management: 4.7 rating

- Accounting: 4.0 rating

#### Lowest rated features

- Customizable Reports: 4.0 rating

- Forecasting: 4.0 rating

- Reminders: 4.0 rating

- Reporting & Statistics: 4.0 rating

#### Feature-related review snippet

Reviewer: Tomiko W.

Reviewer details: Real Estate, 1,001-5,000 employees

Published: August 2, 2026

> "The customer support is top tier but the interface is seamless!"

### Gallery tab

Ease of use: 4.2 out of 5 (108 reviews)

#### Related review snippet

Reviewer: Daniel L.

Reviewer details: Real Estate, 51-200 employees

Published: June 2, 2026

> "It handles the day-to-day side of property management really well, especially for finances, tenant management, and reporting. Once you get familiar with the system and its quirks, it becomes a very useful tool and saves a lot of manual work."

### Integrations tab

MRI Property Management connects with 43+ software tools.

[See all integrations](https://www.capterra.com/p/79570/MRI-Software/#integrations)

#### Most popular integrations

- Birdeye: 4.7 rating

- AvidXchange: 4.3 rating

- Happy Property: 4.6 rating

- Brivo Access: 4.3 rating

- Facilio: 4.0 rating

- Dealpath: 4.5 rating

- Dockwa: 4.9 rating

- Conservice ESG: 4.7 rating

- ClickNotices: 5.0 rating

---

## Lucanet

Rating: 4.6 out of 5 (107 reviews)

Profile: [Lucanet](https://www.capterra.com/p/119237/Lucanet/)

Visible tabs: Overview, Features, Gallery

### Overview tab

#### What is this product about?

Lucanet simplifies complex lease accounting to ensure quick, reliable, and effortless compliance.

#### Rating breakdown

- Ease of Use: 4.5 out of 5

- Customer Service: 4.6 out of 5

- Features: 4.4 out of 5

- Value for Money: 4.3 out of 5

#### Pros and cons based on reviews

Not available

#### Starting price

Starting price: Not available

Pricing details: Usage Based, Per Year

Free trial: No

Free demo: No

### Features tab

#### Most popular features

- Amortization Schedule: Available

- Billing & Invoicing: Available

- For Equipment Leases: Not available

- For Real Estate: Available

- Portfolio Management: Not available

- Budgeting/Forecasting: Available

- Critical Date Alerts: Not available

- Expense Tracking: Not available

- AI Copilot: Not available

- Asset Lifecycle Management: Available

- Capitalization Reporting: Not available

- Compliance Management: Available

#### Feature-related review snippet

Reviewer: Markus K.

Reviewer details: Transportation/Trucking/Railroad, 1,001-5,000 employees

Published: March 22, 2022

> "The user interface is very userfriendly and it is very easy to use."

### Gallery tab

Ease of use: 4.5 out of 5 (107 reviews)

#### Related review snippet

Reviewer: Michael K.

Reviewer details: Information Technology and Services, 1,001-5,000 employees

Published: April 10, 2023

> "Lucanet enables us to quickly and easily integrate the financial systems into our financial warehouse."

---

## LeaseQuery

Rating: 4.7 out of 5 (106 reviews)

Profile: [LeaseQuery](https://www.capterra.com/p/143396/LeaseQuery/)

Visible tabs: Overview, Features, Gallery, Integrations

### Overview tab

#### What is this product about?

LeaseQuery makes accountants’ lives easier by simplifying the complex with user-friendly & trustworthy lease accounting solutions.

#### Rating breakdown

- Ease of Use: 4.5 out of 5

- Customer Service: 4.7 out of 5

- Features: 4.6 out of 5

- Value for Money: 4.6 out of 5

#### Pros and cons based on reviews

Not available

#### Starting price

Starting price: Not available

Pricing details: Other, Per Year

Free trial: No

Free demo: No

### Features tab

#### Highest rated features

- Compliance Management: 4.6 rating

- Reporting/Analytics: 4.6 rating

- Amortization Schedule: 4.4 rating

- Audit Management: 4.6 rating

#### Lowest rated features

- Third-Party Integrations: 4.0 rating

- Customizable Reports: 4.4 rating

- For Real Estate: 4.4 rating

- Contract/License Management: 3.0 rating

#### Feature-related review snippet

Reviewer: Parth S.

Reviewer details: Information Technology and Services, 11-50 employees

Published: May 29, 2024

> "Its alert system and seamless integration with any ERP system render it effortlessly comprehensible, adhering to a coherent design philosophy."

### Gallery tab

Ease of use: 4.5 out of 5 (106 reviews)

#### Related review snippet

Reviewer: Mohit S.

Reviewer details: Information Technology and Services, 51-200 employees

Published: April 21, 2026

> "The platform does a great job of automating journal enteries, amortization schedules and compliance reporting which saves alot of manual efforts and also reduces errors."

### Integrations tab

LeaseQuery connects with 9+ software tools.

[See all integrations](https://www.capterra.com/p/143396/LeaseQuery/#integrations)

#### Most popular integrations

- NetSuite: 4.5 rating

- Sage Intacct: 4.3 rating

- Oracle PeopleSoft: 5.0 rating

- JD Edwards EnterpriseOne: 4.2 rating

- Sage Fixed Assets: 4.3 rating

- Sage X3: 4.4 rating

#### Integrations-related review snippet

Reviewer: Parth S.

Reviewer details: Information Technology and Services, 11-50 employees

Published: May 29, 2024

> "Its alert system and seamless integration with any ERP system render it effortlessly comprehensible, adhering to a coherent design philosophy."

---

## Stessa

Rating: 4.5 out of 5 (104 reviews)

Profile: [Stessa](https://www.capterra.com/p/181042/Stessa/)

Visible tabs: Overview, Features, Gallery, Integrations

### Overview tab

#### What is this product about?

Stessa is a software that helps landlords manage rentals by tracking income, expenses, leases, tenant screening, and rent collection.

#### Rating breakdown

- Ease of Use: 4.5 out of 5

- Customer Service: 4.3 out of 5

- Features: 4.2 out of 5

- Value for Money: 4.4 out of 5

#### Pros and cons based on reviews

Not available

#### Starting price

Starting price: $15.00

Pricing details: Flat Rate, Per Month

Free trial: Yes

Free demo: No

### Features tab

#### Highest rated features

- Accounting: 5.0 rating

- Alerts/Notifications: 5.0 rating

- Data Import/Export: 5.0 rating

- Reporting/Analytics: 5.0 rating

#### Feature-related review snippet

Reviewer: Seelan S.

Reviewer details: Real Estate, 1-10 employees

Published: April 3, 2025

> "In general, I am happy about it and it still needs some improvements compared to other apps available in the market"

### Gallery tab

Ease of use: 4.5 out of 5 (104 reviews)

#### Related review snippet

Reviewer: Pedro C.

Reviewer details: Real Estate, 1-10 employees

Published: September 4, 2024

> "Stessa has simplified our lives and freed us up to focus on scaling our business."

### Integrations tab

Stessa connects with 2+ software tools.

[See all integrations](https://www.capterra.com/p/181042/Stessa/#integrations)

#### Most popular integrations

- Docusign: 4.7 rating

- AppFolio Property Manager: 3.0 rating

---

## Re-Leased

Rating: 4.5 out of 5 (84 reviews)

Profile: [Re-Leased](https://www.capterra.com/p/133226/Re-Leased/)

Visible tabs: Overview, Features, Gallery, Integrations

### Overview tab

#### What is this product about?

Re-Leased property software is cloud-based commercial property management software, designed for landlords and property managers.

#### Rating breakdown

- Ease of Use: 4.4 out of 5

- Customer Service: 4.6 out of 5

- Features: 4.3 out of 5

- Value for Money: 4.2 out of 5

#### Pros and cons based on reviews

Not available

#### Starting price

Starting price: Not available

Free trial: No

Free demo: No

### Features tab

#### Most popular features

- Amortization Schedule: Not available

- Billing & Invoicing: Available

- For Equipment Leases: Not available

- For Real Estate: Not available

- Portfolio Management: Available

- Budgeting/Forecasting: Not available

- Critical Date Alerts: Available

- Expense Tracking: Not available

- AI Copilot: Not available

- Asset Lifecycle Management: Not available

- Capitalization Reporting: Not available

- Compliance Management: Available

### Gallery tab

Ease of use: 4.4 out of 5 (84 reviews)

#### Related review snippet

Reviewer: Hayley N.

Reviewer details: Real Estate, 1-10 employees

Published: August 21, 2023

> "Great onboarding experience - Very well-organised, clear and easy to follow."

### Integrations tab

Re-Leased connects with 13+ software tools.

[See all integrations](https://www.capterra.com/p/133226/Re-Leased/#integrations)

#### Most popular integrations

- Microsoft 365: 4.6 rating

- Gmail: 4.8 rating

- QuickBooks Online: 4.3 rating

- Google Calendar: 4.8 rating

- Xero: 5.0 rating

- Zapier: 4.7 rating

#### Integrations-related review snippet

Reviewer: Simon G.

Reviewer details: Real Estate, 1-10 employees

Published: December 22, 2020

> "The Xero integration means that our accounts department are up to date without any intervention from property managers."

---

## Visual Lease

Rating: 4.7 out of 5 (55 reviews)

Profile: [Visual Lease](https://www.capterra.com/p/56390/Visual-Lease/)

Visible tabs: Overview, Features, Gallery, Integrations

### Overview tab

#### What is this product about?

Visual Lease, the #1 lease optimization solution provider, has helped 1.5K+ organizations maximize the value of their lease portfolio.

#### Rating breakdown

- Ease of Use: 4.6 out of 5

- Customer Service: 4.7 out of 5

- Features: 4.5 out of 5

- Value for Money: 4.5 out of 5

#### Pros and cons based on reviews

Not available

#### Starting price

Starting price: Not available

Pricing details: Per Year

Free trial: No

Free demo: No

### Features tab

#### Highest rated features

- Reporting/Analytics: 4.4 rating

- Amortization Schedule: 4.6 rating

- Compliance Management: 4.2 rating

- Document Management: 4.0 rating

#### Lowest rated features

- Accounting: 3.2 rating

- Billing & Invoicing: 4.0 rating

- Contact Management: 4.0 rating

- Alerts/Notifications: 4.5 rating

#### Feature-related review snippet

Reviewer: Bhumin D.

Reviewer details: Hospital & Health Care, 1,001-5,000 employees

Published: March 15, 2022

> "Its very intuitive for the ones whos using lease management software for the first time."

### Gallery tab

Ease of use: 4.6 out of 5 (55 reviews)

#### Related review snippet

Reviewer: Verified Reviewer

Reviewer details: Consumer Goods, 1,001-5,000 employees

Published: March 16, 2022

> "Visual Lease helps my team keep track of all current leases and takes away the manual time and effort it takes to create ASC 842 lease accounting schedules."

### Integrations tab

Visual Lease connects with 4+ software tools.

[See all integrations](https://www.capterra.com/p/56390/Visual-Lease/#integrations)

#### Most popular integrations

- NetSuite: 4.0 rating

- QuickBooks Online Advanced: 4.4 rating

- JD Edwards EnterpriseOne: 4.2 rating

- Oracle Cloud Financials: 4.1 rating

---

## NetLease

Rating: 5.0 out of 5 (49 reviews)

Profile: [NetLease](https://www.capterra.com/p/214672/Netgain/)

Visible tabs: Overview, Features, Gallery, Integrations

### Overview tab

#### What is this product about?

NetLease helps businesses manage lease accounting & automate compliance to ASC 842 & IFRS 16 in an ERP-agnostic or native NetSuite app

#### Rating breakdown

- Ease of Use: 4.9 out of 5

- Customer Service: 5.0 out of 5

- Features: 4.9 out of 5

- Value for Money: 4.9 out of 5

#### Pros and cons based on reviews

Not available

#### Starting price

Starting price: $888.00

Pricing details: Usage Based, Per Year

Free trial: Yes

Free demo: No

### Features tab

#### Highest rated features

- Amortization Schedule: 5.0 rating

- Reporting/Analytics: 4.9 rating

- Compliance Management: 4.9 rating

- Accounting: 5.0 rating

#### Lowest rated features

- Activity Dashboard: 3.0 rating

- Customizable Reports: 4.4 rating

- Transaction History: 4.3 rating

- Audit Trail: 4.7 rating

#### Feature-related review snippet

Reviewer: Joanne H.

Reviewer details: Financial Services, 51-200 employees

Published: February 6, 2022

> "This is a convenient way to deal with the added complexities of the ASC842 accounting guidance. Once it is set up, it's a click of a button each month to do the accounting entries and they post directly into NetSuite without an additional journal entry upload."

### Gallery tab

Ease of use: 4.9 out of 5 (49 reviews)

#### Related review snippet

Reviewer: Ana B.

Reviewer details: Biotechnology, 51-200 employees

Published: November 29, 2023

> "NetLease supports the lease reporting and helps making decisions throughout the entire lease cycle"

### Integrations tab

NetLease connects with 1+ software tools.

[See all integrations](https://www.capterra.com/p/214672/Netgain/#integrations)

#### Most popular integrations

- NetSuite: 4.8 rating

#### Integrations-related review snippet

Reviewer: Megan M.

Reviewer details: Computer Software, 501-1,000 employees

Published: February 14, 2022

> "The product integrated seamlessly with Netsuite as an embedded add-on."

---

## MRI ProLease

Rating: 4.0 out of 5 (48 reviews)

Profile: [MRI ProLease](https://www.capterra.com/p/210809/MRI-ProLease/)

Visible tabs: Overview, Features, Gallery

### Overview tab

#### What is this product about?

MRI ProLease is an end-to-end AI powered solution which manages every aspect of lease management and IFRS 16/ASC 842 lease accounting.

#### Rating breakdown

- Ease of Use: 3.9 out of 5

- Customer Service: 4.4 out of 5

- Features: 3.3 out of 5

- Value for Money: 3.6 out of 5

#### Pros and cons based on reviews

Not available

#### Starting price

Starting price: $6000.00

Pricing details: Per Year

Free trial: Yes

Free demo: No

### Features tab

#### Highest rated features

- For Real Estate: 3.0 rating

- Accounting Integration: 1.0 rating

- Amortization Schedule: 1.0 rating

### Gallery tab

Ease of use: 3.9 out of 5 (48 reviews)

#### Related review snippet

Reviewer: Patrick L.

Reviewer details: Hospital & Health Care, 10,001+ employees

Published: November 20, 2020

> "It allows multiple teams to have access with the proper security."

---

## Lucernex

Rating: 4.3 out of 5 (44 reviews)

Profile: [Lucernex](https://www.capterra.com/p/265756/Lucernex/)

Visible tabs: Overview, Features, Gallery, Integrations

### Overview tab

#### What is this product about?

Lucernex lease accounting software streamlines lease administration and ensures compliance with FASB ASC 842, IASB IFRS 16 and GASB 87.

#### Rating breakdown

- Ease of Use: 4.1 out of 5

- Customer Service: 4.2 out of 5

- Features: 4.1 out of 5

- Value for Money: 4.1 out of 5

#### Pros and cons based on reviews

Not available

#### Starting price

Starting price: Not available

Pricing details: Per Feature

Free trial: No

Free demo: No

### Features tab

#### Highest rated features

- Compliance Management: 4.8 rating

- Reporting/Analytics: 3.9 rating

- For Real Estate: 4.5 rating

- For Equipment Leases: 5.0 rating

#### Lowest rated features

- Third-Party Integrations: 3.0 rating

- Budgeting/Forecasting: 2.0 rating

- Alerts/Notifications: 4.0 rating

- Expense Tracking: 4.0 rating

#### Feature-related review snippet

Reviewer: Anna K.

Reviewer details: Retail, 5,001-10,000 employees

Published: March 6, 2026

> "We are still finishing up some additional advanced reports, but the system is intuitive and has handled a lot of what we were looking for."

### Gallery tab

Ease of use: 4.1 out of 5 (44 reviews)

#### Related review snippet

Reviewer: Kyle N.

Reviewer details: Retail, 10,001+ employees

Published: July 16, 2026

> "It's a great for project management, but certain software limitations cause us to think more creatively for solutions, often making simple tasks more complex and are more time-consuming."

### Integrations tab

Lucernex connects with 2+ software tools.

[See all integrations](https://www.capterra.com/p/265756/Lucernex/#integrations)

#### Most popular integrations

- ServiceChannel: 4.5 rating

- Accruent: 4.0 rating

---

## STRATAFOLIO

Rating: 4.9 out of 5 (38 reviews)

Profile: [STRATAFOLIO](https://www.capterra.com/p/196759/STRATAFOLIO/)

Visible tabs: Overview, Features, Gallery, Integrations

### Overview tab

#### What is this product about?

STRATAFOLIO is an online software that connects to QuickBooks and provides enterprise-quality financial, lease, and asset tracking.

#### Rating breakdown

- Ease of Use: 4.8 out of 5

- Customer Service: 5.0 out of 5

- Features: 4.7 out of 5

- Value for Money: 4.8 out of 5

#### Pros and cons based on reviews

Not available

#### Starting price

Starting price: $150.00

Pricing details: Per Feature, Per Month

Free trial: No

Free demo: No

### Features tab

#### Highest rated features

- Critical Date Alerts: 5.0 rating

- Accounting: 4.2 rating

- For Real Estate: 5.0 rating

- Billing & Invoicing: 4.7 rating

#### Lowest rated features

- Financial Management: 4.0 rating

- Reporting/Analytics: 4.7 rating

- Reporting & Statistics: 5.0 rating

- Alerts/Notifications: 5.0 rating

#### Feature-related review snippet

Reviewer: Marissa T.

Reviewer details: Commercial Real Estate, 1-10 employees

Published: July 5, 2026

> "The onboarding team has been very helpful through every step of the way and make it much easier to navigate the platform."

### Gallery tab

Ease of use: 4.8 out of 5 (38 reviews)

#### Related review snippet

Reviewer: Sarah B.

Reviewer details: Real Estate, 1-10 employees

Published: September 27, 2025

> "Stratafolio has saved us both time and money as it has improved our efficiency in invoicing, CAM reconciliations, and lease management."

### Integrations tab

STRATAFOLIO connects with 6+ software tools.

[See all integrations](https://www.capterra.com/p/196759/STRATAFOLIO/#integrations)

#### Most popular integrations

- QuickBooks Enterprise: 5.0 rating

- QuickBooks Online: 4.9 rating

- QuickBooks Desktop: 4.7 rating

- QuickBooks Online Advanced: 5.0 rating

- Dwolla: 4.3 rating

- Intuit Enterprise Suite

#### Integrations-related review snippet

Reviewer: Jenny A.

Reviewer details: Retail, 1-10 employees

Published: February 27, 2023

> "What drew me to Stratafolio is the integration with QuickBooks.  "

---

## LOIS

Rating: 4.7 out of 5 (38 reviews)

Profile: [LOIS](https://www.capterra.com/p/10023151/LOIS/)

Visible tabs: Overview, Features, Gallery

### Overview tab

#### What is this product about?

Powerful, expert-built lease software that cuts costs, ensures IFRS 16 compliance, and gives finance and property teams total control.

#### Rating breakdown

- Ease of Use: 4.7 out of 5

- Customer Service: 4.9 out of 5

- Features: 4.5 out of 5

- Value for Money: 4.5 out of 5

#### Pros and cons based on reviews

Not available

#### Starting price

Starting price: Not available

Free trial: No

Free demo: No

### Features tab

#### Highest rated features

- Amortization Schedule: 4.7 rating

- General Ledger: 4.7 rating

- Reporting/Analytics: 4.7 rating

- Data Import/Export: 4.5 rating

#### Lowest rated features

- For Real Estate: 4.3 rating

- Audit Management: 3.0 rating

- For Equipment Leases: 4.6 rating

- Audit Trail: 4.5 rating

#### Feature-related review snippet

Reviewer: Verified Reviewer

Reviewer details: Utilities, 201-500 employees

Published: March 11, 2026

> "The interface made it easy to find what needed quickly."

### Gallery tab

Ease of use: 4.7 out of 5 (38 reviews)

#### Related review snippet

Reviewer: Kieran L.

Reviewer details: Mining & Metals, 501-1,000 employees

Published: March 12, 2026

> "We are a large, complex, global business and we have found LOIS simple to implement and highly effective in managing our hundreds of leases globally."

---

## Spacebase

Rating: 4.8 out of 5 (37 reviews)

Profile: [Spacebase](https://www.capterra.com/p/155678/Spacebase/)

Visible tabs: Overview, Features, Gallery, Integrations

### Overview tab

#### What is this product about?

User-friendly lease accounting and lease management software. Manage your lease portfolio through a trusted 100% cloud-hosted platform.

#### Rating breakdown

- Ease of Use: 4.7 out of 5

- Customer Service: 4.8 out of 5

- Features: 4.5 out of 5

- Value for Money: 4.8 out of 5

#### Pros and cons based on reviews

Not available

#### Starting price

Starting price: Not available

Pricing details: Per User, Per Month

Free trial: Yes

Free demo: No

### Features tab

#### Highest rated features

- Amortization Schedule: 4.5 rating

- Reporting/Analytics: 4.6 rating

- Compliance Management: 4.2 rating

- Document Management: 4.3 rating

#### Lowest rated features

- For Equipment Leases: 4.0 rating

- For Real Estate: 4.3 rating

- Data Import/Export: 4.5 rating

- Tax Management: 4.5 rating

#### Feature-related review snippet

Reviewer: Kurt A.

Reviewer details: Airlines/Aviation, 10,001+ employees

Published: July 21, 2025

> "Spacebase offers a user-friendly interface with all the information you need neatly organized to easily navigate and explore all capabilities of the system."

### Gallery tab

Ease of use: 4.7 out of 5 (37 reviews)

#### Related review snippet

Reviewer: Kurt A.

Reviewer details: Airlines/Aviation, 10,001+ employees

Published: July 21, 2025

> "Spacebase offers a user-friendly interface with all the information you need neatly organized to easily navigate and explore all capabilities of the system."

### Integrations tab

Spacebase connects with 8+ software tools.

[See all integrations](https://www.capterra.com/p/155678/Spacebase/#integrations)

#### Most popular integrations

- Dynamics 365: 4.4 rating

- Tableau: 5.0 rating

- NetSuite: 4.2 rating

- Workday HCM: 4.5 rating

- Okta: 5.0 rating

- OneLogin: 4.6 rating

- Workday Financial Management: 4.4 rating

- Oracle Cloud Financials: 5.0 rating

---

## CoStar Real Estate Manager

Rating: 4.4 out of 5 (30 reviews)

Profile: [CoStar Real Estate Manager](https://www.capterra.com/p/135049/CoStar-Real-Estate-Manager/)

Visible tabs: Overview, Features, Gallery

### Overview tab

#### What is this product about?

CoStar Real Estate Manager combines the most recommended lease accounting & administration solutions with the most trusted market data.

#### Rating breakdown

- Ease of Use: 4.4 out of 5

- Customer Service: 4.2 out of 5

- Features: 4.4 out of 5

- Value for Money: 4.0 out of 5

#### Pros and cons based on reviews

Not available

#### Starting price

Starting price: $5.00

Pricing details: Per Month

Free trial: Yes

Free demo: No

### Features tab

#### Highest rated features

- Amortization Schedule: 4.8 rating

- Document Management: 4.8 rating

- Billing & Invoicing: 3.9 rating

- Portfolio Management: 4.2 rating

#### Lowest rated features

- Contact Management: 4.2 rating

- Expense Tracking: 4.0 rating

- Budgeting/Forecasting: 5.0 rating

- Financial Management: 5.0 rating

#### Feature-related review snippet

Reviewer: Manish M.

Reviewer details: Accounting, 10,001+ employees

Published: December 28, 2022

> "Complete solution and customization with great support system"

### Gallery tab

Ease of use: 4.4 out of 5 (30 reviews)

#### Related review snippet

Reviewer: Uma Ramalingeswara Rao V.

Reviewer details: Mechanical or Industrial Engineering, 10,001+ employees

Published: December 26, 2022

> "CoStar application is very user friendly application and designed with proper internal controls and overall this application is very well designed and advanced lease application."

---

## Nomos One

Rating: 4.1 out of 5 (27 reviews)

Profile: [Nomos One](https://www.capterra.com/p/148590/nomos-one/)

Visible tabs: Overview, Features, Gallery, Integrations

### Overview tab

#### What is this product about?

Nomos One is your trusted IFRS 16 lease accounting and lease management software solution.

#### Rating breakdown

- Ease of Use: 4.2 out of 5

- Customer Service: 4.4 out of 5

- Features: 4.0 out of 5

- Value for Money: 4.1 out of 5

#### Pros and cons based on reviews

Not available

#### Starting price

Starting price: NZ$99.00

Free trial: No

Free demo: No

### Features tab

#### Highest rated features

- Document Storage: 4.5 rating

- Reporting/Analytics: 3.7 rating

- Accounting: 4.5 rating

- Compliance Management: 4.9 rating

#### Lowest rated features

- Customizable Reports: 3.7 rating

- Document Management: 4.1 rating

- Portfolio Management: 4.1 rating

- Amortization Schedule: 4.4 rating

### Gallery tab

Ease of use: 4.2 out of 5 (27 reviews)

#### Related review snippet

Reviewer: Verified Reviewer

Reviewer details: Consumer Goods, 1,001-5,000 employees

Published: May 22, 2023

> "The Nomos One team is top class with excellent customer service providing easy to access implemention and day to day support."

### Integrations tab

Nomos One connects with 1+ software tools.

[See all integrations](https://www.capterra.com/p/148590/nomos-one/#integrations)

#### Most popular integrations

- Google Maps: 4.7 rating

---

Page 1 of 3

## Top-rated software of 2026

### Fill out the form and we'll send a list of the top-rated software based on real user reviews directly to your inbox.

Filter (76) Products:

Sort By:

Featured Partners

* * *

Plan Type

Free Trial

Popular

85% of professionals opt for a 30-day trial before the software purchase

Other subsciption plans:

Free Version

Monthly Subscription

Annual Subscription

One-Time License

Key Features

All key features

Popular

We have selected the most important and critical features as defined by Capterra user reviews

AI Copilot

[Amortization Schedule](https://www.capterra.com/lease-accounting-software/features/amortization-schedule/)

Asset Lifecycle Management

Billing & Invoicing

Budgeting/Forecasting

Capitalization Reporting

[Compliance Management](https://www.capterra.com/lease-accounting-software/features/compliance-management/)

Critical Date Alerts

Expense Tracking

For Equipment Leases

For Real Estate

Generative AI

Payment Tracking

Portfolio Management

[Reporting/Analytics](https://www.capterra.com/lease-accounting-software/features/reporting-analytics/)

Tax Management

Deployment

Cloud, SaaS, Web-Based

Desktop Mac

Desktop Windows

Desktop Linux

On-Premise Windows

On-Premise Linux

Desktop Chromebook

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Related Software Category:

[Accounting Practice Management Software](https://www.capterra.com/accounting-practice-management-software/)[Lease Management Software](https://www.capterra.com/lease-management-software/)[Accounting Software](https://www.capterra.com/accounting-software/)

I'm looking for Lease Accounting Software that is:

[Free](https://www.capterra.com/lease-accounting-software/s/free/)[For Small Businesses](https://www.capterra.com/lease-accounting-software/s/small-businesses/)

Table of Contents

-   [The benefits of lease accounting software](#the-benefits-of-lease-accounting-software)
-   [Typical features of lease accounting software](#typical-features-of-lease-accounting-software)
-   [The cost of lease accounting software](#the-cost-of-lease-accounting-software)
-   [Considerations when purchasing lease accounting software](#considerations-when-purchasing-lease-accounting-software)
-   [Relevant lease accounting software trends](#relevant-lease-accounting-software-trends)

## The benefits of lease accounting software

-   **Ensure compliance:** To ensure compliance with accounting standards, users need to disclose some leases in the balance sheet. To identify these leases, users have to carry out complex calculations which the tool helps to automate thereby ensuring compliance.
    
-   **Reduce costs:** In the absence of proper tracking mechanisms, a business may continue to pay for expired leases or pay more in variable costs. The tool helps avoid such scenarios by tracking critical dates and accurately recording various costs.
    
-   **Ensure accuracy:** Manually making journal entries and carrying out complex accounting calculations can lead to errors. The tool helps avoid these errors by auto-populating financial data and automating complex calculations.
    

* * *

## Typical features of lease accounting software

-   **Amortization:** Generate amortization schedules for individual- and portfolio-based lease accounting. Calculate total lease charges and track lease duration.
    
-   **Real estate leases:** Monitor rental income from rented properties such as apartments and duplexes. Store lease agreements and receive notifications for critical payment dates.
    
-   **Equipment leases:** Calculate depreciation and preventive maintenance costs. Track equipment location and servicing/contract expiry dates.
    
-   **Capitalization reporting:** Generate reports to view capital lease data such as periodic depreciation and salvage value.
    

* * *

## The cost of lease accounting software

Most products in the market are priced on a per user, per month basis and can be divided into three pricing tiers based on their starting price.

**Price ranges\*:**

-   $9 - $104
    
-   $104 - $156
    
-   $156+
    

_\*The pricing included is for the entry-level/lowest-priced offering found on vendor websites on March 2, 2020. These ranges correspond to the 25th, 75th, and 100th percentiles of pricing information gathered from the vendor websites of sample products._

The above list summarizes pricing for the base plans of most products. An enterprise or premium product, that is priced higher, may include additional features such as portfolio management and payment tracking.

* * *

## Considerations when purchasing lease accounting software

-   **Watch out for limits or caps on services:** Software vendors may have a limit on the number of users/devices that they support, support duration, and storage limits. Once the limit is reached, users may have to pay a certain amount to re-access the service. To avoid signing up for such a service unknowingly, it is best to check if there are any limits or caps on the services being provided.
    
-   **Check for third-party integration:** A tool that supports third-party integrations can help with lease accounting functions such as reconciling vendor bills and payments and uploading journals. Check if the software vendor supports integration with [ERP tools](https://www.capterra.com/enterprise-resource-planning-software/) or any [accounting tools](https://www.capterra.com/accounting-software/) the business may be using.
    

* * *

## Relevant lease accounting software trends

-   [**AI for lease abstraction**](https://emerj.com/ai-sector-overviews/ai-lease-contract-abstraction-current-traction/)**:** Artificial intelligence (AI) can extract information from contracts using optical character recognition (OCR) and segment them into various categories based on their content. The segmented contracts can be reviewed by financial experts who can point out errors which helps the AI to extract information and segment contracts more accurately. The extracted information can then be compiled in a file and uploaded to a lease accounting tool.
    
-   [**RPA for automating repetitive tasks**](https://www.accountingtoday.com/list/the-accountants-intro-to-ai-rpa-and-intelligent-automation)**:** Robotic process automation (RPA) is an army of bots that can help automate repetitive lease accounting functions. These functions may include reconciliations, payment verifications, and identification of duplicate payments.
    

* * *

**Sources**

Products evaluated for the pricing calculation were taken from [Capterra’s directory](https://www.capterra.com/lease-accounting-software/). The pricing ranges exclude freemium versions of the products. The features highlighted were identified based on their relevance and the percentage of products in Capterra’s directory that offer them.

The following sources were used for this document:

1\. [The accountant's intro to AI, RPA and intelligent automation job be automated?](https://www.accountingtoday.com/list/the-accountants-intro-to-ai-rpa-and-intelligent-automation) (accessed on Mar 2, 2020)

2\. [AI for Lease and Contract Abstraction – Current Traction](https://emerj.com/ai-sector-overviews/ai-lease-contract-abstraction-current-traction/) (accessed on Mar 2, 2020)