# Crunchafi Lease Accounting Reviews 2026. Verified Reviews, Pros & Cons | Capterra > Is Crunchafi Lease Accounting the right Lease Accounting solution for you? Explore 15 verified user reviews from people in industries like yours to make a confident choice. Source: https://www.capterra.com/p/178008/LeaseCrunch/reviews --- Crunchafi Lease Accounting 4.4 (15) [View alternatives](https://www.capterra.com/p/178008/LeaseCrunch/alternatives/) 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 13th, 2026 # Reviews of Crunchafi Lease Accounting Ease of use 4.5 Customer Service 4.4 ## Showing most helpful reviews Showing 1-15 of 15 Reviews Sort by: Most Helpful Rating Company Size Reviewer's Role Length of Use Frequency of Use JC Joe C. Director of Financial Accounting Construction Used the software for: 2+ years ### "Can't imagine lease accounting compliance without it" September 18, 2025 4.0 Works great for our monthly close process and seamlessly with our external auditors. Have not considered looking elsewhere to meet our needs. Pros Steps to setting up the operating vs finance lease with easy questionnaire. Also, the added feature of the journal entry by lease is great for reconciliation. Cons Seems costly but I could not imagine trying to administer 300+ leases without it. Would like some consideration to loyalty/volume discounts Review Source JW Julie W. Controller Non-Profit Organization Management Used the software for: Less than 6 months ### "Quick to Implement, Easy to Use, Support when Needed" January 31, 2022 5.0 Pros The software makes it easy to input all your lease data without having to understand all the ins and outs of ASC 842. The tool guides you through all the steps of taking the terms of your lease and getting them properly input and categorized. They also calculate the adjusting entry that you'll need to convert from your current process to ASC 842. When researching different solutions, LeaseCrunch stood out because the workflow was simple and easy to follow, the implementation time was much faster (one company said it could take up to six months to gather all our lease info), and they offer a Help document to assist on the technical side. They also have several accountants and CPAs on staff to answer questions and help with unique situations. Overall, very happy with the product. Cons None, we have been very happy with the software so far. Alternatives considered [LeaseQuery](https://www.capterra.com/p/143396/LeaseQuery/)[CCH Tagetik](https://www.capterra.com/p/62308/CCH-Tagetik/) Reason for choosing Crunchafi Lease Accounting Faster implementation time and tool was so simple to use Review Source KF Kimberly F. Accountant Plastics Used the software for: 1-2 years ### "Overall okay - needs more updates to make it more useful than just using Excel" January 18, 2022 3.0 Figuring out the ROU Asset balance is the biggest aspect we use LeaseCrunch for, as well as the GL Journal Entry export. Like mentioned before, LeaseCrunch needs more updates to make it much more valuable to track leases vs tracking in a well designed excel spreadsheet. Pros Overall, LeaseCrunch is user friendly. It was a simple process to add new leases. The GL Journal Entry export function is the most impactful. Cons The filtering on the "My Leases" screen could use some work. It would be helpful to create a saved custom view where you can choose which columns to show when selected and only go through that process the one time. LeaseCrunch is missing a "delete" option for reporting entities and or leases. During a lease term there could be an amendment to the lease - there needs to be a field that can take into consideration amendment terms into the lease. Also, at the end of a lease term, typically leases are renewed and will need the new term info entered. It would be helpful if there was some sort of history for the lease documented to see these changes of original > amendments > renewal, if applicable. The process of updating the application date for a reporting entity should be easier than what it is currently. It would be nice if it was possible to make bulk changes. Review Source SS Steve S. Partner Accounting Used the software for: 1-2 years ### "Crunchafi great value" December 8, 2025 5.0 Great experience. Overall easy to use, easy to add leases and it is nice to be able to give clients access to the software as well, so they can add leases throughout the year. Pros The customer support has been great. The financial statement footnote support workpaper that it creates is nice as well. Great value for the amount of money per lease. Cons Impairments to leases is a little tricky to get all the information entered correctly but with some help from support was able to make it work. Review Source LS LILY S. AUDIT SUPERVISOR Accounting Used the software for: 2+ years ### "AWESOME!!!" November 10, 2025 5.0 LOVE IT! MADE IT VERY EASY TO USE AND IMPLEMENT THE NEW LEASE STANDARD FOR OUT COMPANY! GREAT! !!!! Pros EASE OF USE AND CUSTOMER SUPPORT, REPORTING, LEASE MANAGEMENT, DATA MANAGEMENT AND SO MANY OTHER FEATURES Cons NOTHING. IT HAS BEEN GREAT TO WORK WITH SO FAR. VERY IMPRESSED WITH THE SOFTWARE!! Review Source MF Mindi F. Controller Hospital & Health Care Used the software for: 2+ years ### "Not worth the money" September 21, 2023 1.0 If I could rate it a zero I would. The software is not user friendly at all and would not produce the right amortization schedules. Despite calls with the representatives at LeaseCrunch, it could not do what was needed and left us with a huge mess to clean up at audit time. I ended up paying 4 times as much as the yearly LeaseCrunch fee to get the right schedules and countless hours to fix things to pass audit. DO NOT WASTE YOUR TIME OR MONEY!!!! 0 out of 10, would not recommend. Pros Nothing. It is not worth the time or money Cons Everything. Not user friendly and didn't pass audit. Reason for choosing Crunchafi Lease Accounting There wasn't much out there at the time we implemented 4 years ago. Now there's free templates out there that will do a better job and are much more user friendly. Review Source DM David M. Senior Accountant/Analyst Construction Used the software for: 1-2 years ### "Auto Leasing" January 18, 2022 5.0 We use the software to process the monthly accounting for a fleet of 150+ leased vehicles. Lease crunch has made a previously tedious task much easier and much less time consuming that our previous method of tracking the leases. Pros This product minimized the time it takes to run the lease calculations on a monthly basis. We're a construction company and lease approximately 150 vehicles which we had been tracking on an Excel spreadsheet. It quickly became quite a task to maintain the data and lease crunch has made it much easier to accurately report on a monthly basis. Cons I have not yet come up with any upgrades that I would want implemented at this time. Review Source JC Jane C. Fixed Asset Analyst Education Management Used the software for: 1-2 years ### "Lease Crunch - Great Value for the Money" January 19, 2022 4.0 My employer has not yet adopted ASC842, but in the meantime I have set up Lease Crunch with all of our leases and am running reports for comparisons. I am still in the process of learning how to use the software, but love the ease of getting monthly JEs and the Footnote feature. Pros The software makes it very easy to set up leases. Getting reports in Excel makes it easy to customize them for your individual uses. Running the monthly Journal Entries for all leases saves so much time from the way I was doing it previously. Cons I cannot run reports that look like a monthly Trial Balance to reconcile balances to my financial software. Review Source PS Patrick S. Sr. Accountant Automotive Used the software for: 1-2 years ### "Easy to use, accurate reporting" August 4, 2023 5.0 Pros The intuitiveness of the product allows for easy setup and streamlined modifications on an ongoing basis. Cons At times it can take a while to download reports from the site. Review Source NR Nick R. CFO & CCO Financial Services Used the software for: 1-2 years ### "This product is a blessing" January 18, 2022 5.0 100% positive. it was very well received by our auditors as well as our parent company Pros Ease of use, plus the quality of the schedules and the details for the footnote. Also, as we are a cross border international firm, the ability to switch between ASC842 and IFRS is tremendous Cons Nothing. We have been totally delighted with this product Reason for choosing Crunchafi Lease Accounting pricing, simplicity, and the ability to run multiple leases Review Source FS Fredie S. Finance & Accounting Manager Banking Used the software for: I used a free trial ### "Best product to assist in our implementation of the new Lease Accounting rule" February 2, 2022 5.0 Pros We are currently in the very early stage of implementing the software for our Credit Union. During the trial period, we were able to test and found the software to be user-friendly. Cons Figuring out how to account or where to input rent abatements, but this would be something that the support team can handle. Reason for choosing Crunchafi Lease Accounting Attractive pricing and ease of use. In addition, a demo login was provided so that we can see how the software works. Review Source ZV Zach V. Senior Accountant Accounting Used the software for: I used a free trial ### "LeaseCrunch Review " February 4, 2022 5.0 Pros The overall navigation and customizability of the software to your specific needs was fantastic. Very intuitive and easy to follow. Cons There is nothing that stands out as being an obvious con, but integrating this software with whatever current lease software one may be using could prove tricky, depending on the exact format and software being used previously. Review Source EE Erik E. Controller Financial Services Used the software for: I used a free trial ### "Leases Made Easy" January 25, 2022 5.0 Pros The simplicity of the lease set up and data entry, with well organized and detailed excel schedule exports. The automation surrounding the footnote disclosures is immensely efficient and helpful for preparing financials. Cons We haven't identified any cons of note in our use of the software thus far. Review Source MM Michele M. Accountant Computer Software Used the software for: Less than 6 months ### "Great software!" January 31, 2022 5.0 Pros Ease of use, easy to integrate with our accounting software. Cons I have no complaints but I will review again once I get more familiarized with it. Review Source EW Edward W. Senior Staff Accountant Machinery Used the software for: Less than 6 months ### "Easy to Use Software" January 18, 2022 4.0 Pros The LeaseCrunch software is a very easy to use program and does not require a lot of steps to have everything entered. Cons There is nothing I disliked about the software. Review Source Similar Products Featured ## Send me user reviews about this product ### Fill out the form and we'll send a list of the top-rated software based on real user reviews directly to your inbox.