# Best Lease Accounting Software 2026 | Capterra

> 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: https://www.capterra.com/lease-accounting-software/s/web-based

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# Best Lease Accounting Software

Last updated on April 1, 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

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## What is lease accounting software?

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

Updated on April 1, 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.

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

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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

Asset Lifecycle Management

Billing & Invoicing

Budgeting/Forecasting

Capitalization Reporting

Critical Date Alerts

Expense Tracking

For Equipment Leases

For Real Estate

Generative AI

Payment Tracking

Portfolio Management

Tax Management

Deployment

Cloud, SaaS, Web-Based

Desktop Mac

Desktop Windows

Desktop Linux

On-Premise Windows

On-Premise Linux

Desktop Chromebook

Mobile Android

Mobile iPhone

Mobile iPad

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.
    

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## 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.
    

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## 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.

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## 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.
    

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## 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.
    

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**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)