# Page 3 | LeaseQuery Reviews 2026. Verified Reviews, Pros & Cons | Capterra > Page 3 - Is LeaseQuery the right Lease Accounting solution for you? Explore 90 verified user reviews from people in industries like yours to make a confident choice. Source: https://www.capterra.com/p/143396/LeaseQuery/reviews --- LeaseQuery 4.7 (90) Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. [Learn more](https://www.capterra.com/our-story/) * * * Last updated March 31st, 2026 # Page 3 - Reviews of LeaseQuery ## Showing most helpful reviews Showing 51-75 of 90 Reviews Sort by: Most Helpful Rating Company Size Reviewer's Role Length of Use Frequency of Use AW Andrew W. Staff Accountant Architecture & Planning Used the software for: 6-12 months ### "Why LeaseQuery is a MUST" July 29, 2024 4.0 Pros The ease of use and the customer service. Not to mention being in compliance with GAAP and ASC. Cons There are no features I dislike about LeaseQuery as it is very user friendly and even if you make a mistake, the support team is always at the ready to help assist or rectify!! Review Source Sohail S. Lead Generation Executive Outsourcing/Offshoring Used the software for: Less than 6 months ### "LeaseQuery: Automating Complexity and Delivering Efficiency" August 23, 2024 5.0 It has saved lot of time and manual works for us and. The best part of LeaseQuery is the way it handles the complex calculations and disclosures automatically.The customer support team is also very quick to  to respond to our inquiries and provide helpful solutions. Pros It's interface is easy to navigate, even for those who may not have extensive accounting experience. Cons I have used it for quite a long time in my current organisation and haven't faced any such Challenges Review Source AM Ann-Marie M. Sr. Director of Finance Education Management Used the software for: 1-2 years ### "Sr. Director of Strategic Finance" September 5, 2024 5.0 Good Experience, customer service, ease of implementation Pros Unlimited leases and easy of use of the product Cons The product is great but wish more reporting capabilities Review Source VR Verified Reviewer Founder Events Services Used the software for: Less than 6 months ### "Ease out your Lease accounting " June 18, 2024 5.0 Pros While I might be repeating myself, UI & UX is a standout. I actually had a couple of issues and reached out to their support and it was amazing how much care they took into solving my issues rightaway Cons Not really a Con, but I'm curious to see how they are going to venture into the AI space and add that to the Arsenal. AI could be very interesting our space. Reason for choosing LeaseQuery I love the UI/UX of the product and the rich feature functionalities it offers. To go along with this, they keep launching some very relevant and useful feature functionalities. Pricing was an icing on the cake. Review Source CM CLAUDIO M. Coordenador Financial Services Used the software for: 1-2 years ### "Contratos de Arrendamento" July 29, 2024 5.0 Ferramenta muito usual e fácil entendimento. Pros A praticidade na utilização, a facilidade na geração dos relatórios para a contabilização. Cons a inclusão de novos contratos encontramos uma certa dificuldade. Review Source VL Vicki L. Senior accountant Mining & Metals Used the software for: 2+ years ### "Helpful customer service" June 10, 2021 4.0 With LeaseQuery, lease cash outflows are simple to track via various reports. Lease portfolios can be well managed and any expirations easily tracked. I appreciate the customer service team that continues to make wanted updates to the system whether it is an individual lease issue or wide system change. Over the 2 years our company has been using this system, the experience has been positive and educational. Pros Once all the leases were identified and entered into LeaseQuery, the system very easily runs the needed monthly reports. The reporting studio is user friendly and helpful for repeated requests. Cons Since our leases were entered before the new standard adoption many changes have been made to the system which makes the older leases a little tricky to update. Review Source KG Kirsten G. Accounting Supervisor Aviation & Aerospace Used the software for: 2+ years ### "Great Value for your money" May 14, 2021 4.0 Our initial experience with LeaseQuery was a little difficult as there were many bugs and it sometimes took support a month to fix issues. Fast-forward three years, and it has improved tremendously. They are adding features that are relevant and useful, I have had less issues with the system and support has assisted me much quicker when I have issues. I am overall pleased with LeaseQuery. Pros When we first began using LeaseQuery I used to say over and over that if I grew to the point that I could trust LeaseQuery reports/balances I think it would be a great product and great value for our money. If I am being honest, it took a few years to get to that level but I feel like I am there now. LeaseQuery provides us with everything we need to track all of our leases and perform the required accounting under ASC 842. We have had a variety of different types of leases with some more difficult accounting and I have not come across a situation that LeaseQuery was not able to address. Many of the newer features such as point in time reporting have helped make the process tremendously easier. I have gained confidence in their reporting and journal entries. It provides us with what we need to complete ASC 842 accounting requirements. Cons I have had a lot of issues in the past where changes I made in a lease did not carry through correctly to Journal Entries which required a lot of additional steps to validate values LeaseQuery produced. In 2021 I have not had this issue thus far, so I am hoping that means the bugs have been worked out. Reports have recently started taking much longer to run. It is difficult to look up a lease unless you have the Lease ID or know the exact address. It would be nice to have a search function that was a little easier to use. We are required to give our auditors a list of new leases added in the periods and their beginning balances. It would be nice to have a report that does this automatically. Currently I have to create one on my own using the amortization table. Alternatives considered [Visual Lease](https://www.capterra.com/p/56390/Visual-Lease/) Reason for choosing LeaseQuery It seemed like better value for our money. Review Source AS Angela S. CPA/Consultant Financial Services Used the software for: 1-2 years ### "An excellent tracking program with an exteensive Knowledge Base " July 30, 2021 5.0 Great! Pros I believe the knowledge base has been most impactful to myself as a user. It's not just a step by step guide to data entry; it explains the accounting and how the process takes care of the accounting. I also like the payment schedule options. Every lease is a different situation - and LeaseQuery has many options for entering payment schedules. Cons I would like to see more information about recommendations for putting together policies and procedures. And maybe some internal controls on functionality. Things our auditors are going to want to know all about. Reason for choosing LeaseQuery I was not part of the team who chose the product. Review Source MS Mike S. Asst. Controller Used the software for: 1-2 years ### "Lease Query is my lifeline to maintaining sanity when dealing with over 70 Property Leases. " March 20, 2018 5.0 Pros Prior to LQ, Excel SS was my tracker for Leases. Countless hours spent on updating Lease extensions, contact info. deferred rent calculations and the worry of misstating financials with a simple oversight or formula error. Since implementing LQ, many of those worries and doubts have gone away. LQ has built in checks and balances to eliminate many common oversights and errors that can easily occur when maintaining Excel SS. The Customer Support you get with LQ is exceptional. The newly implemented online chat box is an invaluable, no cost upgrade. On the spot answers to questions you may have when working in the software saves valuable time by not having to make or wait for a return call to simple question you may have. One of the things I like most about the software is the reporting tool. With just a few clicks you can customize a report to include square footage, cost per foot, rent per Mth, etc. Landlord, Property Mgnt. info. If you enter info. into the system, you can get a report for it. As for Value for Money, I would give it 100 Stars if possible. What this software offers and does for you, it is well worth the small investment. You will save more on Time, Labor and Effort after implementing LQ than what you will spend on the software. Cons The software needs an "Undo Button". With the requirement of a 2nd approver, which by the way is fantastic feature, once you begin a renewal or modification and discover you did something incorrect, the second approver needs to "reject" the submission before you can correct the error. This has been a recommendation and from what I understand is being developed currently. Review Source MW Missy W. ¿Brokerage Coordinator | Operations Manager Real Estate Used the software for: 1-2 years ### "A Game Changer for Lease Management and Accounting! " September 8, 2016 5.0 As a tenant-rep commercial real estate firm, we have found LeaseQuery to be an invaluable asset to our day-to-day operations. When we took on a few new clients, each with between 2-4 dozen leases nationwide, we were presented with the task of reviewing and subsequently managing each of their leases and also for staying aware of upcoming expirations and other important deadlines/dates. Additionally, as new members of the executive management team joined their respective companies, we were asked to bring them up-to-date on the company's real estate portfolio and the remaining obligations surrounding each lease. LeaseQuery made this incredibly simple, allowing us to securely store and organize all of the documents and information, create detailed summaries on each property, and download comprehensive reports in minutes. Pros We are able to instantly pull up all of the details on any given lease with only a couple clicks of the mouse. From basic information like location, size and important dates, to amortization charts and financial/accounting data, the search feature makes it simple to use and gives you immediate results. No more digging through files and endless spreadsheets! We also love the automated email reminders of upcoming important dates, which help ensure no deadlines slip through the crack! Review Source CR Chelsea R. Senior Staff Accountant Hospital & Health Care Used the software for: 1-2 years ### "LeaseQuery- a must for new lease standard" March 11, 2020 5.0 LeaseQuery has been wonderful to work with during the implementation of the new lease standard. There were some bumps in the road in the beginning, but that is expected with any new software and implementation of a new accounting standard. The staff are very knowledgeable, quick to respond, and easy to work with. Pros LeaseQuery is very user friendly and easy to maneuver around in. I currently enter new/modify/update leases, run entries and reports, upload into our GL system, complete account recs and help our other units with their leases, as well as our auditors. The support staff are quick to address any issues. Overall its a great system that does everything you need to implement the new lease standard! Cons One feature that I would like to see added would be the ability to correct a mistake you find after you submit the lease for approval. Right now, the approver would have to reject the lease, for the original person to fix and then re-submit. Review Source Jessica P. Director - Financial Reporting Financial Services Used the software for: 6-12 months ### "LeaseQuery software has improved our process and access to lease accountants adds value!!" March 26, 2018 5.0 Automates everything related to leases - payment schedules, journal entries, disclosures, reconciliation support, alerts and so much more! Also get access to lease accountants and ability to ask questions and get timely feedback with chat function! They genuinely care about their customers and above all provide excellent customer service! Pros Automates, does the lease calculations and disclosures for us, sends alerts for critical dates, central repository for all lease contracts, highlights areas of changes for ease of review, chat function makes it easy to get questions answered quickly, easily converts to new lease standard, build by CPAs who know critical data elements needed, easy to use!!! Cons A couple functions were needed, but when requested by LeaseQuery were told they were already working on it and now we're just waiting for those enhancements to be tested and released to the live version. They are continually making changes to the software and are also open to feedback. Review Source JT Jay T. Director, Technical Accounting Chemicals Used the software for: 6-12 months ### "LeaseQuery - a Successful Accounting Tool" March 22, 2020 5.0 \- Overall, so far very happy with LQ, especially with Customer Service which has been a very helpful resource any time a question surfaces - big or small Pros \- Customer Service has been a constant source of help in learning and implementing the software - Loading leases is straightforward, with helpful toggles that make it easy to enter leases with constant payments, leases with payments that vary in a pattern (e.g., subject to steady escalation) and leases with random payments (e.g., office leases with periods of free or reduced rent) - Ability to easily attach lease schedules, memos, analyses, etc. to each lease - Internal control feature that requires independent entry and approval of each leases - Easy web-access with just a few clicks - Automatic operating vs finance lease analysis (if enter all needed data) or override capability Cons \- Reporting is somewhat clunky (e.g., customized reports once saved cannot be modified to say, add another attribute) and trial &error involved in learning what attributes are contained within LeaseQuery-provided canned reports. (Told reporting enhancements are coming in near future) Reason for choosing LeaseQuery Most intuitive of the products we looked at in 2010 and significantly lower implementation cost Review Source CK Chad K. Facility Manager Banking Used the software for: 6-12 months ### "Great Product and Excellent Customer Service" September 15, 2020 5.0 I would say overall, I am having a good experience with LeaseQuery. Pros The fields of options that it allows you to tailor the program to create what you info you need that is specific to your business is great. I also like the you can make up your own reports is endless. The tech department for customer support is high above the others. They are very responsive and get back to you quickly and are very knowledgeable. They also take the time to have training sessions 1 on 1 through zoom and listen to your questions and answer them accurately. It helps you learn how to do things quicker. Cons Some times it runs slow, but it's possible it could be our company's networking or connection that makes it slow. It is not constant which is good, but once in awhile it is slow for me. Review Source MV Mike V. Director Accounting Used the software for: 1-2 years ### "LeaseQuery - the right tool for lease accounting" December 17, 2019 5.0 LeaseQuery has proven to be relatively easy to implement and user engagement has been high. They are constantly improving the product and address help requests or issues in a timely manner. Pros The tool met the accounting and reporting requirements of the new standard and solved the most challenging aspect of ASC 842 that we expected, which was the consolidation and reporting of leases across multiple currencies with varying discount rates. Cons It would be helpful to have the ability to combine certain components into more consolidated reports (i.e. asset and liability rollforwards into one report). Review Source JB Jocelyn B. Senior Accountant Construction Used the software for: 6-12 months ### "Report Enhancement and Output" March 6, 2023 4.0 Geatly satisfied Pros I thought that this software is very useful and efficient in regards with application of lease accounting. Cons There are still a lot to learn about the features and functionality. I have to familiarize myself first with software. Reason for choosing LeaseQuery I thought that is the software has the best feature in regards with lease accounting. Review Source GP Gary P. Financial Analyst Financial Services Used the software for: 6-12 months ### "LeaseQuery has made it extremely easier to track all of our leases.The transition was smooth as well" June 11, 2018 5.0 Having all of our leases in one place and NOT a spreadsheet has saved considerable amount of time and effort having to get ready for the new accounting changes. Pros LeaseQuery is pretty user friendly but if a question does ever come up, the customer service team are offering help and suggestions within moments. Cons LeaseQuery has made tracking our leases so much easier and the monthly updates keep improving the process. It is hard to find something I dislike about the software. When we first implemented the software, there was not a way to delete reports that had been created and saved. Other than that, the software has been a joy to work with. Review Source HL Hayley L. General Ledger Manager Civil Engineering Used the software for: 6-12 months ### "Great Solution for a Complicated Issue" September 23, 2016 5.0 LeaseQuery has been able to provide an accountant's solution to a complicated process. This software not only creates a one stop shop for all lease documents, contacts, dates and financial information, it also creates efficiencies across other departments such as fixed asset location reporting. The software simplifies lease accounting but all the while provides the complex information that is needed for decision making. The team has provided a great product and he backs it up with great service. Pros The ability to store all lease information in one spot that is easily found instead of using a folder system on a hard drive. It allows multiple users to query information on the fly. Cons I would like to be able to run a report for a specified date without having to save the report first. Reporting functionality is still evolving and I believe it will keep improving. Review Source DH Dru H. Senior Accountant Broadcast Media Used the software for: 2+ years ### "LeaseQuery Review" September 29, 2020 4.0 Pros \[SENSITIVE CONTENT HIDDEN\] of your customer support team did a fantastic job. She really provided top notch customer service. Cons Some areas not as user friendly. Glad that I could always call \[SENSITIVE CONTENT HIDDEN\] Review Source VR Verified Reviewer Audit Associate Accounting Used the software for: 2+ years ### "LeaseQuery is great for CPA's of all kinds!" October 3, 2018 5.0 Since our company handles bulk leases on various properties, this software has made it very easy to grasp the situation. Pros This software makes accountant's jobs easier when it comes to lease accounting. Since the recent changes in leasee/leasor accounting, this software has been able to help the team understand various aspects of this challenging topic. Cons There were very few items to list as "cons" for this software. I suggest a little more user-friendly interfaces. But other than that, nothing to note. Review Source CC Clement C. AVP Accounting & Tax Financial Services Used the software for: 1-2 years ### "Phenomenal Product" January 15, 2021 5.0 Michelle Moura, our account manager has been phenomenal. Customer support is very responsive. Overall, this product and people rate beyond expectations. Pros I have been using the software for over a year with over 100 leases to enter. Everything is in one place: data, documents, and report functionality. This is being used not only by accounting but our sales manager to manage the renewal of the leases. Cons Some aspects needed to be tweaked to make applicable to some of our situations. These were discussed with our account manager who submitted them for enhancements and several have been resolved. Review Source MR Mandy R. Asst Manager Hospitality Used the software for: 1-2 years ### "Very Functional!" March 11, 2020 4.0 Overall the experience has been great. If we resorted to using excel, we would of had many mistakes and errors. The software is very straight forward. Running reports is very easy, it has all footnote disclosures you need for reporting. You can create custom reports which is helpful. Also running the journal entry's every month is easy. We have no had any issues with accuracy either. Pros Implementation was very straight forward. The project manager assisted with every step of the way. It is very easy to store all of the information and run all of the footnote disclosures and journal entrys on a monthly basis. Cons The journal entry customization took longer to finalize than expected Review Source KC Kim C. Senior Financial Analyst Financial Services Used the software for: 2+ years ### "LeaseQuery Review" March 26, 2020 4.0 Overall I am happy with LQ. The software has automated what was a very time consuming process and was invaluable to the implementation of the new lease standard. The customer service has been very helpful and quick to respond when questions or issues have come up. LQ staff are very knowledgeable and easy to work with. Pros LeaseQuery is intuitive an easy to use. It enables us to our leases and supporting documentation all in one place and not in spreadsheets. The software automates our lease calculations and disclosures saving time and reducing the potential for errors. Cons There have been a few instances that required a lease to be re-entered to resolve a system issue. We also had an issue with an impairment at year end. In both instances customer service quickly responded and re-entered the leases on our behalf. Review Source KH Kelly H. Joint Venture Accountant Accounting Used the software for: 2+ years ### "Love it!" December 24, 2022 5.0 Pros Very easy to use. It showed the parcels on an interactive GIS map, which is uncommon on most softwares. Cons It seemed a little outdated at the time and could use a faster update. Review Source IC Inho C. Corporate Accountant Oil & Energy Used the software for: 1-2 years ### "Great Software" July 7, 2021 5.0 Pros I like how easy LeaseQuery is to use and how responsive our rep is! Cons Lease Query sometimes does not have custom reports premade. But the reports can be made and reps are happy to help. Review Source Talk to a Capterra advisor for free and get results within 15 minutes.