Top Lease Accounting Software

Lease Accounting software allows financial teams to oversee their entire lease portfolio while ensuring strict compliance with evolving global lease accounting standards like ASC 842 and IFRS 16. Use our rankings below to compare Lease Accounting Software options and features, and find the best one for you and your business.

Lease Accounting Software Features

Loan Amortization Schedule

Generate a detailed loan payment table, including dates, principal and interest amounts, and outstanding balance.

Lifecycle Asset Tracking

Oversee the entire lifespan of an asset to maximize its operational value.

Billing & Invoicing Management

Generate and oversee financial documents, including billing statements and invoices.

Financial Budgeting & Forecasts

Project future financial requirements and distribute funds across necessary expense categories.

Capitalization Reporting

Generate detailed reports on capitalization for financial analysis and compliance.

Deadline Notifications

Automated alerts for upcoming deadlines and time-sensitive milestones.

Expenditure Logging

Maintain a comprehensive record of business-related expenditures and costs.

For Equipment Leases

Specialized features for managing and tracking equipment leases and related agreements.

Real Estate Industry Specific

Tailored for real estate professionals including realtors, investors, and property managers.

Payment Monitoring

Monitor all incoming and outgoing payments, including invoices and bills.

Strategic Portfolio Oversight

Assess project portfolios to ensure alignment with high-level strategic business goals.

Tax Compliance Tracking

Monitors tax-related transactions and ensures adherence to tax regulations.

1

Xero

By Xero

4.4★★★★(4,671 Ratings)

Xero is a powerful and intuitive cloud-based accounting platform renowned for its strong double-entry accounting foundation and excellent cash flow management tools. It provides a real-time view of financials, making it easy to create and send invoices, track outstanding receivables, and manage accounts payable. A standout featu... Read More

2

Sage Intacct

By Sage Intacct

4.3★★★★(715 Ratings)

Sage Intacct, specifically its Intacct Subscription Billing module, is a comprehensive cloud solution built for B2B SaaS (Software as a Service) companies. It automates the critical billing and accounting processes associated with complex subscription revenue models. Built on the Salesforce1 Platform, it addresses the heightened... Read More

3

abcoa Deal Pack

By Advanced Business Computers of America

4.9★★★★★(244 Ratings)

abcoa Deal Pack, from Advanced Business Computers of America, is a real-time, fully integrated Dealer Management System (DMS) and accounting software built exclusively for the used car dealership industry. It addresses the critical operational facets of a car lot, including handling diverse deal types such as Buy Here Pay Here, ... Read More

4

CCH Tagetik

By Wolters Kluwer

4.4★★★★(189 Ratings)

CCH Tagetik, by Wolters Kluwer, is a Corporate Performance Management software that drives innovation and digital transformation by unifying financial processes and data in a single platform owned by Finance. It helps companies save time, lower costs, and reduce risk through faster closes, forward-looking planning, and in-depth ... Read More

5

MRI Software

By MRI Software

4.4★★★★(161 Ratings)

MRI Software's Living platform represents a comprehensive and flexible property management technology suite built on decades of industry pioneering experience. It offers an open and connected technology approach, giving real estate businesses the freedom to choose software integrations without vendor lock-in. The tools are craft... Read More

6

Stessa

By Stessa

4.9★★★★★(145 Ratings)

Stessa is smart-yet-simple cloud-based software designed specifically for individual real estate investors and landlords with rental properties. Its primary function is automated accounting and portfolio performance tracking, helping investors save time, maximize profits, and optimize their holdings. Key features include persona... Read More

7

LeaseQuery

By LeaseQuery

4.8★★★★★(99 Ratings)

LeaseQuery is a specialized lease accounting software focused on simplifying compliance for both lessees and lessors under major accounting standards including ASC 842, IFRS 16, and GASB 87. It accounts for any lease type—real estate, equipment, or vehicles—and generates amortization schedules, journal entries, and required ... Read More

8

Visual Lease

By Visual Lease

4.9★★★★★(78 Ratings)

Visual Lease is a leading lease accounting and management software platform built with deep expertise from lease experts and CPAs. It is engineered to simplify compliance with ASC 842, IFRS 16, and GASB 87 for portfolios of any size or asset type, including real estate, equipment, and fleet. The platform is known for its powerfu... Read More

9

NetLease

By Netgain Solutions

5★★★★★(71 Ratings)

NetLease, by Netgain Solutions, is a native application built specifically for the NetSuite ERP ecosystem. It enables accountants to manage leases and achieve compliance with ASC 842, IFRS 16, and GASB 87 directly within their familiar NetSuite environment. Users input lease data, and the app automates the generation of error-fr... Read More

10

MRI Prolease

By MRI Software

4.5★★★★★(51 Ratings)

MRI ProLease, from MRI Software, is an integrated system that combines Lease Administration and Lease Accounting in a single, SaaS-based platform. It delivers comprehensive features for compliance with FASB ASC 842 and GASB 87, catering to a wide range of clients from those with just 20 leases to large enterprises with extensive... Read More