--- title: "Best Lease Accounting Software - 2026 Reviews & Pricing" description: "Find the best Lease Accounting Software for your organization. Compare top Lease Accounting Software systems with customer reviews, pricing, and free demos." source_url: "https://www.softwareadvice.com/property/lease-accounting-comparison/" page_type: "subcategory" language: "en" --- [Home](https://www.softwareadvice.com/) / Lease Accounting Software Software Advice offers objective insights based on verified user reviews and independent product and market research. When our advisors match you to a software provider, we may earn a referral fee. # Best Lease Accounting Software of 2026 Updated September 17, 2026 On this page 1. Popular Comparisons 2. Buyers Guide 3. Related Software Filter products 79 results ### Compare Products Showing 1 - 25 of 79 products #### Company Size - Self-Employed - 2-10 - 11-50 - 51-200 - 201-500 - 501-1000 - 1000+ #### Pricing Options - $$$$$ - $$$$$ - $$$$$ - $$$$$ - $$$$$ ### Compare Products Sort by **Recommendations**: Sorts listings by the number of recommendations our advisors have made over the past 30 days. Our advisors assess buyers’ needs for free and only recommend products that meet buyers’ needs. Vendors pay Software Advice for these referrals. **Reviews**: Sorts listings by the number of user reviews we have published, greatest to least. **Average Rating**: Sorts listings by overall star rating based on user reviews, highest to lowest. **Alphabetically (A-Z)**: Sorts listings by product name from A to Z. ### Product: PayProp [PayProp](https://www.softwareadvice.com/property/payprop-profile/) 4.54 [(13)](https://www.softwareadvice.com/property/payprop-profile/reviews/) ### Pricing availability Free trial: Not available Free version: Not available Software Advice Summary With PayProp, you can collect and match rent to the right tenants, make outgoing payments, report on your entire portfolio and more in just a couple of clicks. PayProp’s powerful property management platform automates the crucial financial administration of a property rental business, freeing up real time for real estate professionals to do what really matters. To date, PayProp has successfully processed over $9bn in rental payments for property professionals around the world. PayProp's expert support team can be reached by phone or email.... [Read more](https://www.softwareadvice.com/property/payprop-profile/) ### Best rated features: ACH Payment Processing 5.0 Accounting 5.0 Multiple Payment Options 5.0 Billing & Invoicing 5.0 ### Worst rated features: Multi-Location 3.0 Lease Tracking 4.0 Tenant Portal 4.0 [See all features](https://www.softwareadvice.com/property/payprop-profile/#key-features) ### Product: Sage Intacct [Sage Intacct](https://www.softwareadvice.com/accounting/intacct-accounting-profile/) 4.28 [(716)](https://www.softwareadvice.com/accounting/intacct-accounting-profile/reviews/) Best for:Mid-size businesses ### Pricing availability Free trial: Not available Free version: Not available Software Advice Summary Sage Intacct operates within the Sage Business Cloud portfolio as a comprehensive cloud-based financial management software, expertly designed to bring rich financial and operational insights to a variety of businesses. Recognized for its robust accounting capabilities, Sage Intacct is particularly tailored for small to midsize enterprises looking to streamline their financial processes while gaining access to real-time monetary data. From an architectural standpoint, Sage Intacct stands as an adaptable platform equipped to integrate with numerous other applications. This flexibility enables it to easily fit into a wide range of business ecosystems, accommodating the diverse and evolving needs of modern organizations. Central to its design is an appreciation for differing industry requirements, which Sage Intacct meets with its industry-specific solutions, thereby supporting a more personalized financial management experience. The platform is lauded for its user-friendly interface, crafted to simplify complex financial data compilation and present it in an easily digestible format. Users are able to construct comprehensive financial reports that garner insights without requiring an extensive background in data analysis. This function is vital for companies aiming to make informed decisions quickly and with confidence. A defining trait of Sage Intacct is the commitment to financial visibility. With its advanced reporting and dashboard capabilities, stakeholders can dissect and monitor financial metrics that are critical to a business’s strategic vision, enabling leadership to pivot or accelerate with accurate backing. Moreover, Sage Intacct is engineered to scale, offering entities the assurance that the software can grow in tandem with their operations. In accounting terms, Sage Intacct is a friend to compliance, offering a suite of features that assist businesses in adhering to accounting standards and regulations, such as GAAP, IFRS, and others. It also reinforces internal controls, helping to mitigate financial risk and establish a transparent financial environment. Given its cloud foundation, Sage Intacct provides anywhere, anytime access to financial data, a necessity in a globalized and mobile business landscape. The security of this data is not overlooked; Sage Intacct commits to established protocols to safeguard sensitive financial information against modern threats. Sage Intacct, thus, stands out as a potent tool that facilitates enhanced financial management, augments strategic decision-making capabilities, and assures compliance and security, all while offering expandability to accommodate the dynamic nature of growing businesses. It remains an integral part of the Sage Business Cloud, geared towards empowering organizations with precision and agility in their financial operations.... [Read more](https://www.softwareadvice.com/accounting/intacct-accounting-profile/) ### What users love - User-friendly and intuitive interface - Comprehensive accounting functionality - Robust, customizable reporting capabilities ### To take in mind - Complex and inflexible report customization - Slow and unresponsive support experience - Expensive and rising costs ### Best rated features: Quotes/Estimates 5.0 For Nonprofits 5.0 Vendor Management 5.0 Customer Statements 5.0 [See all features](https://www.softwareadvice.com/accounting/intacct-accounting-profile/#key-features) ### Product: Entrata [Entrata](https://www.softwareadvice.com/property/entrata-profile/) 4.57 [(444)](https://www.softwareadvice.com/property/entrata-profile/reviews/) Best for:Small businesses ### Pricing availability Free trial: Not available Free version: Not available Software Advice Summary Entrata is a comprehensive property management operating system for multifamily communities worldwide. It unifies leasing, operations, and resident engagement into a single, connected system. Through unified workflows and a shared data layer, Entrata eliminates silos and reduces manual processes, creating a system that doesn’t just support work, but actively executes it. The result is greater efficiency, fewer operational gaps, and improved performance at scale. At the center of this platform is Entrata’s Layered Intelligence (ELI+), which delivers purpose-built AI across the most critical moments in the resident lifecycle, including leasing, payments, renewals, and maintenance. From lead conversion to lease signing, ELI+ automates follow-ups, answers prospect inquiries, schedules tours, optimizes rent collection, ensures secure renewals, and streamlines service requests. By embedding intelligence directly into workflows, ELI+ enables teams to operate more efficiently while focusing on high-impact work that drives stronger NOI. Entrata is powered by two core experience platforms: the Operations Experience Platform (OXP) and the Homebody Resident Experience Platform (RXP). OXP transforms property management into an AI-native operating environment where human teams and AI agents work together seamlessly. With built-in automation, governance, and visibility through tools like OXP Studio, operators can manage, monitor, and scale their operations with greater consistency, control, and confidence. On the resident side, Homebody Resident Experience Platform (RXP) delivers a modern, unified app that brings every interaction into one place. Residents can make payments, submit service requests, access renters insurance and deposit alternatives, build credit through rent reporting, and engage with their community, all within a single experience. For operators, this unified platform enhances resident satisfaction and retention while unlocking new ancillary revenue opportunities and enabling customizable, brand-aligned experiences. Together, these capabilities power Entrata’s vision for Autonomous Property Management™, an AI-native, agentic approach where workflows are coordinated and executed across the entire property lifecycle. Instead of relying on teams to manage every task manually, Entrata enables a system where technology and automation drive consistency, speed, and better outcomes, giving operators the freedom to scale efficiently and operate on their own terms.... [Read more](https://www.softwareadvice.com/property/entrata-profile/) ### What users love - Intuitive interface and navigation - Centralized lease and property tools - Accessible training and quick learning ### To take in mind - Complex and slow reporting tools - Occasional slowdowns and lag ### Best rated features: Property Management 5.0 Activity Tracking 5.0 Equipment Management 5.0 Client Portal 5.0 ### Worst rated features: Reservations Management 3.5 Tax Management 3.8 Late Fee Calculation 4.0 [See all features](https://www.softwareadvice.com/property/entrata-profile/#key-features) ### Product: Re-Leased [Re-Leased](https://www.softwareadvice.com/property/re-leased-profile/) 4.46 [(84)](https://www.softwareadvice.com/property/re-leased-profile/reviews/) ### Pricing availability Free trial: Not available Free version: Not available Software Advice Summary Re-Leased is a cloud-based commercial property management solution. Key features include accounting, portfolio management, tenant communication, inspections, document storage and compliance management. The solution integrates with Xero and is able to syncs financial and tenant data with Xero in real time. Re-Leased sends alerts and reminders to property managers regarding payment dates and daily tasks. It also provides a calendar dashboard that displays key actions items such as lease expiries, rent reviews, property inspections and safety compliance. The solution offers analytics features that helps to pull portfolio, property and tenancy reports. Re-Leased allows administrators to assign access permissions. It also enables tenants to view lease terms and payment history, and they can log maintenance issues and track the progress of their request. Support is available via email and phone.... [Read more](https://www.softwareadvice.com/property/re-leased-profile/) ### Best rated features: Lease Management 5.0 Tenant Tracking 5.0 Financial Reporting 4.0 Reporting & Statistics 4.0 ### Worst rated features: Lease Origination 1.0 Property Management 2.0 Accounting 3.7 Property Database 3.7 [See all features](https://www.softwareadvice.com/property/re-leased-profile/#key-features) ### Core Custom Pricing available upon request For portfolios of up-to 25 leases: $215 per month ### Pro Custom Pricing available upon request For portfolios of up-to 25 leases: $305 per month ### Enterprise Custom Pricing available upon request For over 1,000 tenancies [See full pricing details](https://www.softwareadvice.com/property/re-leased-profile/#pricing-and-plans) ### Product: RentPost [RentPost](https://www.softwareadvice.com/property/rentpost-property-management-profile/) 4.53 [(18)](https://www.softwareadvice.com/property/rentpost-property-management-profile/reviews/) ### Pricing availability Free trial: Available Free version: Not available Software Advice Summary RentPost is a cloud-based property management solution that handles priorities faced by property managers including unit and tenant management, work orders, contact management, automatic rent collection, and accounting. The solution is compatible with both Android and iOS-based mobile devices. The RentPost Dashboard provides information regarding payment status, pending cases where action is required from the owner’s end, transactions that are under online processing and more. RentPost incorporates a news feed, allowing property managers and other employees to see key business updates on a real-time basis that allows online rent collection to be integrated with the accounting component and reports all payments as they occur. RentPost’s dashboard includes different types of visual indicators including a heads-up display that shows a glimpse into key rental metrics, amount of rental payments that are owed in past, and the sum of money currently being processed in the online system. Support is available via email.... [Read more](https://www.softwareadvice.com/property/rentpost-property-management-profile/) ### Best rated features: Property Database 5.0 Rent Collection 5.0 Reporting/Analytics 5.0 Lease Tracking 5.0 ### Worst rated features: Document Management 4.0 Tenant Portal 4.0 Service Request Management 4.0 [See all features](https://www.softwareadvice.com/property/rentpost-property-management-profile/#key-features) ### Pro Subscription Custom Pricing available upon request Enjoy all our features, unlimited - no fine print. [See full pricing details](https://www.softwareadvice.com/property/rentpost-property-management-profile/#pricing-and-plans) ### Product: Innago [Innago](https://www.softwareadvice.com/property/innago-profile/) 4.86 [(531)](https://www.softwareadvice.com/property/innago-profile/reviews/) Best for:Small businesses ### Pricing availability Free trial: Not available Free version: Available Software Advice Summary Innago is a cloud-based property management solution created to streamline the task of managing rental properties. The platform is designed to cater to the needs of landlords and property managers that helps optimize efficiency and organization in property management. It allows users to create an account and begin managing their properties. The tool accommodates various types of rental properties, whether it's single-family homes, multi-unit buildings, or commercial spaces, making it suitable for a wide range of property owners. Innago's login process ensures the security and privacy of user data, providing a secure and reliable experience for landlords and property managers accessing their accounts. The tool's centralization of property management tasks provides an efficient method for overseeing rental properties, offering automation features for rent collection, lease renewals and maintenance requests. Communication is essential in property management and Innago includes features to facilitate seamless interactions between landlords and tenants, promoting transparency and helping to enhance tenant satisfaction. Furthermore, the platform offers tools to help users stay compliant with rental laws and regulations, allowing them to track lease agreements, rental payments and maintenance records. Innago enables users to manage a single property or a portfolio of rentals. For any questions or issues that may arise, Innago provides customer support to assist users, further contributing to a positive and seamless user experience. The solution caters to the demands of landlords and property managers by offering a comprehensive solution for managing rental properties effectively. Additionally, the platform offers a variety of resources such as guides, tutorials and customer suppor... [Read more](https://www.softwareadvice.com/property/innago-profile/) ### What users love - Streamlined tenant management experience - Responsive and helpful support team - All-in-one property management tools ### To take in mind - Cumbersome lease management process ### Best rated features: Document Storage 5.0 Fee Collection 5.0 Application Management 5.0 Maintenance Scheduling 5.0 ### Worst rated features: Owner Portal 4.0 [See all features](https://www.softwareadvice.com/property/innago-profile/#key-features) ### Product: NetLease [NetLease](https://www.softwareadvice.com/property/netlease-profile/) 4.96 [(49)](https://www.softwareadvice.com/property/netlease-profile/reviews/) ### Pricing availability Free trial: Available Free version: Available Software Advice Summary NetLease is a lease management platform that helps businesses streamline lease accounting within any ERP system. Users can generate lease accounting calculations and add the journal entries to ERP with supporting reports exported from NetLease. NetSuite users can embed lease accounting within their ERP system. It offers audit-ready compliance for ASC 842, IFRS 16, and GASB 87 in native NetSuite.... [Read more](https://www.softwareadvice.com/property/netlease-profile/) ### Best rated features: Multi-Currency 5.0 Financial Reporting 5.0 Document Storage 5.0 Amortization Schedule 5.0 ### Worst rated features: Activity Dashboard 3.0 [See all features](https://www.softwareadvice.com/property/netlease-profile/#key-features) ### Basic $888.00/year [See full pricing details](https://www.softwareadvice.com/property/netlease-profile/#pricing-and-plans) ### Product: Spacebase [Spacebase](https://www.softwareadvice.com/property/spacebase-lease-management-profile/) 4.76 [(37)](https://www.softwareadvice.com/property/spacebase-lease-management-profile/reviews/) ### Pricing availability Free trial: Available Free version: Not available Software Advice Summary Spacebase is a cloud-based lease management solution that assists real estate and hospitality firms with expense, portfolio and capacity management. Its key features include activity tracking, citation linking, data export and automated notifications. Administrators can use the solution to group employees into teams, add users and provide role-based permissions across multiple regions. The application’s dashboard module allows managers to track payment schedules and collect lease notes or updates from team members. Additionally, its smartsearch feature helps users access section-specific links and search leases based on parameters such as dates, contacts and clauses. Spacebase enables supervisors to track operating expenses, measure and compile capital expenditures and conduct comparisons across various portfolios. The solution is available on a monthly subscription and support is provided via phone and email.... [Read more](https://www.softwareadvice.com/property/spacebase-lease-management-profile/) ### Best rated features: Contact Management 5.0 Mobile Access 5.0 Property Management 5.0 Task Management 5.0 ### Worst rated features: For Equipment Leases 4.0 User Management 4.0 Transaction Management 4.0 [See all features](https://www.softwareadvice.com/property/spacebase-lease-management-profile/#key-features) ### Basic Custom Pricing available upon request [See full pricing details](https://www.softwareadvice.com/property/spacebase-lease-management-profile/#pricing-and-plans) ### Product: LeaseQuery [LeaseQuery](https://www.softwareadvice.com/property/leasequery-pm-profile/) 4.66 [(106)](https://www.softwareadvice.com/property/leasequery-pm-profile/reviews/) Best for:Customer support ### Pricing availability Free trial: Not available Free version: Available Software Advice Summary LeaseQuery is cloud-based lease accounting software for lessees/tenants reporting under FASB and IFRS as well as both lessees and lessors reporting under GASB. The system generates accurate amortization schedules and journal entries and enables companies to meet disclosure requirements set by financial regulatory boards. It is fully compliant with the new lease accounting standards: ASC 842, IFRS 16, and GASB 87. LeaseQuery was built by accountants for accountants and its software is complemented by the expertise of the company's in-house accountants. The system also supports the internal controls companies need to ensure the accuracy of their financial statements. LeaseQuery offers numerous features that simplify lease accounting and management. It acts as a searchable, centralized repository for lease documents and provides automated alerts when critical dates are approaching. To prevent errors from being introduced into the system, users can set permissions based on role. Services are offered on a subscription model for number of leases. Support is provided via email and phone.... [Read more](https://www.softwareadvice.com/property/leasequery-pm-profile/) ### Best rated features: For Equipment Leases 4.9 Alerts/Escalation 4.8 Maintenance Management 4.8 Accounting 4.7 [See all features](https://www.softwareadvice.com/property/leasequery-pm-profile/#key-features) ### Product: ExactEstate [ExactEstate](https://www.softwareadvice.com/property/exactestate-profile/) 4.94 [(18)](https://www.softwareadvice.com/property/exactestate-profile/) ### Pricing availability Free trial: Available Free version: Not available Software Advice Summary ExactEstate is your all-in-one cloud-based property management solution, streamlining every aspect of property management, from lease renewals and accounting to maintenance requests and keeping tabs on vacant properties. Built by property managers, for property managers, ExactEstate was designed with simplicity in mind, following a three-click rule for efficient navigation with convenient favorite links, ensuring efficient property management and quick information retrieval. Our platform is centered around properties and units, accessible through a customizable dashboard equipped with widgets for data and reports. ExactEstate offers one simple price with no hidden fees. Schedule a free, personalized demo today and see how ExactEstate will make your employees' lives easier, not harder.... [Read more](https://www.softwareadvice.com/property/exactestate-profile/) ### Best rated features: Vacancy Management 5.0 Tenant Tracking 5.0 Financial Management 5.0 Lease Management 5.0 [See all features](https://www.softwareadvice.com/property/exactestate-profile/#key-features) ### Basic $3.00/month This price is per unit per month. There is a $300 flat fee per month for under 150 units. [See full pricing details](https://www.softwareadvice.com/property/exactestate-profile/#pricing-and-plans) ### Product: Rex Cirrus8 [Rex Cirrus8](https://www.softwareadvice.com/real-estate-transaction-manage/cirrus8-profile/) 5.0 [(15)](https://www.softwareadvice.com/real-estate-transaction-manage/cirrus8-profile/reviews/) ### Pricing availability Free trial: Not available Free version: Not available Software Advice Summary Take the stress out of managing commercial properties with Rex Cirrus8, the all-in-one cloud platform for property managers, facilities teams, and trust accountants. You’ll get live data, easy reporting, and tools that actually make your job easier. From activity tracking and tenant portals to trust accounting and facilities management; everything’s in one simple system. You can automate routine tasks, keep on top of important dates, and store all your property info securely online. Whether you’re at your desk or on the go, Cirrus8 works seamlessly across mobile, tablet, and desktop. Packed with smart tools like CPI Rent Review Wizard, Automated Arrears Management, AI-Powered Invoicing, and mobile work orders, Cirrus8 is helping property professionals across Australia manage their portfolios with confidence and ease.... [Read more](https://www.softwareadvice.com/real-estate-transaction-manage/cirrus8-profile/) ### Best rated features: Alerts/Notifications 5.0 Lease Management 5.0 Task Management 5.0 Contact Management 5.0 ### Worst rated features: Communication Management 3.0 Customizable Reports 4.0 Contract/License Management 4.0 Activity Dashboard 4.0 [See all features](https://www.softwareadvice.com/real-estate-transaction-manage/cirrus8-profile/#key-features) ### Product: Trullion [Trullion](https://www.softwareadvice.com/product/193282-Trullion/) 4.85 [(13)](https://www.softwareadvice.com/product/193282-Trullion/reviews/) ### Pricing availability Free trial: Not available Free version: Not available Software Advice Summary Trullion leverages AI to automate ASC 842 and IFRS 16 workflows and gets you compliant in under 30 days. The Trullion platform relieves accounting teams from manual data abstraction using AI-enhanced technology to extract data from source documents such as Excel files and PDFs. With just the click of a button, the platform seamlessly performs lease analysis, simplifies journal entries, and creates a clear audit trail that’s accessible to both your internal team and external auditors. Trullion’s team of CPA experts will get you onboarded in no time, and once you get started, the support team is available to help with any request or need. Some of Trullion's features and benefits include: - AI-Powered Data Extraction: Automatically extract key data points directly from PDF contracts and Excel. - Automated Bulk Upload: Upload any bulk of contracts, payment streams, payments, and currencies within seconds. - Unlimited Modifications Support: Perform any number of modifications per contract. Automatic detection and re-analysis of the contract and payments. - ERP Entries & Dynamic Reporting: Generate ERP-ready journal entries, full disclosure reports, and other financial reports. - Intuitive, Easy to Use UI: Navigate seamlessly through our modern, clean, and easy-to-use interface, built specifically for financial leaders. - SOC 1 & SOC 2 Audited: Backed by SOC reports by Big 4 audit firms and stored in the most secure cloud environment.... [Read more](https://www.softwareadvice.com/product/193282-Trullion/) ### Best rated features: Document Storage 5.0 Financial Management 5.0 Accounting 5.0 Compliance Management 5.0 ### Worst rated features: Multi-Currency 1.0 [See all features](https://www.softwareadvice.com/product/193282-Trullion/#key-features) ### Product: Rentastic [Rentastic](https://www.softwareadvice.com/real-estate-transaction-manage/rentastic-profile/) 4.79 [(14)](https://www.softwareadvice.com/real-estate-transaction-manage/rentastic-profile/reviews/) ### Pricing availability Free trial: Available Free version: Available Software Advice Summary Rentastic is a cloud-based real estate accounting and property management software solution designed to simplify the financial management of rental properties for landlords and real estate investors. The platform offers a comprehensive set of tools to streamline the management of rental income, expenses, and financial reports, allowing users to stay organized and tax-ready. The Rentastic dashboard provides users with a real-time overview of their portfolio’s performance, tracking income, expenses, and cash flow. Rentastic automatically syncs with bank accounts to categorize transactions, saving users time on manual bookkeeping and eliminating errors. The platform also offers automated profit & loss reports, cash flow reports, and balance sheets, making tax preparation and financial analysis seamless and efficient. In addition to its accounting features, Rentastic includes advanced tools to help investors make informed decisions: Deal Analyzer: Evaluate potential property investments by analyzing key financial metrics like cap rate and ROI. Rent Estimates: Receive real-time data on market rents for comparable properties to ensure competitive pricing. Mileage Tracking: Log miles driven for property maintenance or tenant visits, maximizing tax deductions. Receipt Management: Attach receipts directly to transactions for easy tracking of business-related expenses. Rentastic’s mobile application ensures that investors and property managers can stay connected to their portfolio at all times. Whether you’re on-site at a property or traveling, Rentastic makes managing your properties and finances simple and accessible from anywhere. Rentastic offers two pricing plans: Free Plan: Ideal for small landlords managing up to 2 properties. Premium Plan: Priced at $28/month or $238/year ($19.38/month), the Premium Plan includes unlimited properties and access to all advanced features. Get started today with Rentastic’s Free Plan and upgrade to the Premium Plan as your portfolio grows.... [Read more](https://www.softwareadvice.com/real-estate-transaction-manage/rentastic-profile/) ### Best rated features: Mileage Tracking 5.0 Mobile Access 5.0 Real-Time Updates 5.0 Mobile Receipt Upload 5.0 ### Worst rated features: Deal Management 3.0 Dashboard 4.0 [See all features](https://www.softwareadvice.com/real-estate-transaction-manage/rentastic-profile/#key-features) ### Free $0.00/month ### Premium $28.00/month This plan is billed monthly. ### Premium Annually $238.00/year This plan is billed yearly. [See full pricing details](https://www.softwareadvice.com/real-estate-transaction-manage/rentastic-profile/#pricing-and-plans) ### Product: Accruent [Accruent](https://www.softwareadvice.com/property/accruent-profile/) 4.63 [(19)](https://www.softwareadvice.com/property/accruent-profile/reviews/) ### Pricing availability Free trial: Not available Free version: Not available Software Advice Summary Accruent is a leading provider of intelligent technology solutions that unify the built environment to connect real estate, facilities, assets and the integrated systems that power them. Accruent’s cloud-based software helps organizations simplify complexity, gain clarity and operate more productively by leveraging AI to transform data into confident decisions that improve how workplaces, workforces and assets perform. Headquartered in Austin, Texas, Accruent serves more than 5,000 customers in over 100 countries.... [Read more](https://www.softwareadvice.com/property/accruent-profile/) ### Best rated features: Purchase Order Management 5.0 Document Management 4.0 Collaboration Tools 3.0 Milestone Tracking 3.0 [See all features](https://www.softwareadvice.com/property/accruent-profile/#key-features) ### Product: ZenTreasury IFRS 16 Lease Accounting [ZenTreasury IFRS 16 Lease Accounting](https://www.softwareadvice.com/property/zentreasury-lease-accounting-profile/) 5.0 [(3)](https://www.softwareadvice.com/property/zentreasury-lease-accounting-profile/) ### Pricing availability Free trial: Not available Free version: Not available Software Advice Summary ZenTreasury Lease Accounting Software is a cloud-based solution that helps organizations manage auditing, accounting, financial contracts and more. It enables administrators to log foreign exchange transactions, automate lease operations and generate custom reports on a unified platform. Accountants can use the application to validate IFRS 16 calculations, review currency exchange prices and track transactions by date, time or user stamp. Features of ZenTreasury Lease Accounting Software include activity dashboard, currency rate management, notifications, database management, analytics and more. Additionally, the integrated portfolio management system allows professionals to manage lease or rental agreements in compliance with IFRS 16 standards. ZenTreasury Lease Accounting Software enables managers to define organization’s hierarchy, create custom workflows and adjust changes in agreements during the lease term. Pricing is available on a monthly subscription and support is extended via phone, email and video tutorials.... [Read more](https://www.softwareadvice.com/property/zentreasury-lease-accounting-profile/) ### Product: Occupier [Occupier](https://www.softwareadvice.com/property/occupier-profile/) 4.58 [(19)](https://www.softwareadvice.com/property/occupier-profile/reviews/) ### Pricing availability Free trial: Not available Free version: Not available Software Advice Summary All-in-one modern lease management and accounting software built for commercial tenants managing 30+ leases. Are your real estate and finance teams operating in silos with scattered spreadsheets? Occupier is the only platform that unifies lease operations and accounting without compromise, purpose-built for tenants, not landlords. Built for lease managers and finance teams stuck in manual workflows. Stop missing critical dates, spending hours hunting for lease data, and running month-end close fire drills. Get both teams working from a single source of truth with automated critical date tracking, real-time portfolio visibility, and audit-ready ASC 842/IFRS 16 compliance with our all-in-one intuitive system. Ideal for multi-location businesses (restaurants, healthcare, retail, professional services) with dedicated real estate roles. Unlike landlord-focused tools or bolt-on compliance software, Occupier delivers operational agility for RE teams AND accounting accuracy for finance. Fast implementation, proven ROI. Free demo available.... [Read more](https://www.softwareadvice.com/property/occupier-profile/) ### Best rated features: Property Management 5.0 Document Management 4.7 Portfolio Management 4.7 Contact Management 4.7 ### Worst rated features: Billing & Invoicing 4.0 [See all features](https://www.softwareadvice.com/property/occupier-profile/#key-features) ### Product: Stessa [Stessa](https://www.softwareadvice.com/property/stessa-profile/) 4.53 [(104)](https://www.softwareadvice.com/property/stessa-profile/reviews/) Best for:Value for money ### Pricing availability Free trial: Available Free version: Available Software Advice Summary Stessa is a property management software designed to help landlords manage rental property operations efficiently. It supports tasks such as tracking income and expenses, managing leases, screening tenants, collecting rent online, and organizing tax-related information. The platform is suitable for landlords managing portfolios of various sizes. The software includes automated bookkeeping that connects to bank accounts to categorize transactions and reduce manual data entry. It provides financial reporting tools with real-time dashboards that display income statements, cash flow reports, and tenant ledgers. Features include maintenance tracking, tenant screening, lease management with customizable templates, and electronic signature functionality. A mobile application allows landlords to scan receipts, monitor metrics, and manage properties remotely. Stessa includes banking tools tailored for property management, offering options to create separate accounts for individual properties. Its rent collection system automates payment reminders, late fee calculations, and deposits. Tax preparation is supported through built-in reports that organize financial data in accountant-friendly formats. Maintenance tracking features allow landlords to log repair requests, schedule vendors, and maintain detailed records of property-related work.... [Read more](https://www.softwareadvice.com/property/stessa-profile/) ### Best rated features: Self Service Portal 5.0 Forecasting 5.0 Real-Time Data 5.0 Vacancy Management 5.0 ### Worst rated features: Lease Management 1.0 Owner Portal 3.3 Transaction History 3.3 [See all features](https://www.softwareadvice.com/property/stessa-profile/#key-features) ### Essentials Custom Pricing available upon request Free Tier ### Manage $15.00/month Annual Billing ### Pro $35.00/month [See full pricing details](https://www.softwareadvice.com/property/stessa-profile/#pricing-and-plans) ### Product: Cradle [Cradle](https://www.softwareadvice.com/product/96440-cradle/) 4.50 [(2)](https://www.softwareadvice.com/product/96440-cradle/) ### Pricing availability Free trial: Available Free version: Available Software Advice Summary Cradle’s Lease Accounting solution is specifically designed to orchestrate and accelerate your lease accounting compliance with ASC 842 and IFRS 16. The new lease accounting standards are not only complicated; they're material to your financial statements. Lease accounting involves large amounts of data from disparate sources, inconsistent processes and controls, and an enormous amount of manual activities, all while following strict financial reporting guidelines. Work is often completed on spreadsheets and "tracked" with email and paper documents, making it nearly impossible to find when requested by auditors. Rushing to meet deadlines while hoping to detect material errors before they cause problems is practically impossible and not sustainable. Worse, the integrity of financial reporting is at risk. Cradle provides tools that work in unison to manage and meet your financial reporting requirements under the new lease accounting standards. By embedding process standardization and leveraging accounting automation technology, Cradle becomes your web-based command center, from which you can manage and account for your entire lease portfolio. Cradle provides everything you require of the standard and to manage your lease portfolio: - Ability to capture any contractual payment permutations - Net present value calculations - Modification accounting - Financial reports, including journal entries that can be run at any date range - Ability mirror a company's GL environment run at any date - Foreign Exchange accounting - Custom Fields & Events - Email reminders... [Read more](https://www.softwareadvice.com/product/96440-cradle/) ### Basic $99.00/month [See full pricing details](https://www.softwareadvice.com/product/96440-cradle/#pricing-and-plans) ### Product: Crunchafi Lease Accounting [Crunchafi Lease Accounting](https://www.softwareadvice.com/property/leasecrunch-profile/) 4.40 [(15)](https://www.softwareadvice.com/property/leasecrunch-profile/reviews/) ### Pricing availability Free trial: Not available Free version: Not available Software Advice Summary Crunchafi Lease Accounting is cloud-based lease accounting software built for CPA firms, companies, and government entities that automates required deliverables for FASB ASC 842, FRS 102, IFRS 16, and GASB 87, 94, and 96. The platform automates complex lease accounting calculations and streamlines required financial reporting so teams can produce audit-ready and filing-ready deliverables in minutes. Designed for CPA and chartered accountant workflows, Crunchafi Lease Accounting standardizes processes, reduces manual work, and ensures consistent, compliant outputs across every lease standard. Users can quickly enter lease data, generate disclosures, and maintain ongoing compliance without relying on spreadsheets. Collaboration is built in. Firms and clients work together in a single secure environment with dual access and role-based permissions, ensuring everyone sees only what they need. Reports update in real time, eliminating version-control issues and communication gaps. With an intuitive interface and guided workflows, most organizations can begin entering leases and generating reports within minutes. Dedicated onboarding, support, and resources help teams get up and running smoothly. Learn more at crunchafi.com/products/lease-accounting.... [Read more](https://www.softwareadvice.com/property/leasecrunch-profile/) ### Best rated features: For Real Estate 5.0 Reporting/Analytics 5.0 For Equipment Leases 5.0 Amortization Schedule 4.3 ### Worst rated features: Payment Tracking 1.0 Portfolio Management 1.0 Expense Tracking 1.0 Asset Lifecycle Management 1.0 [See all features](https://www.softwareadvice.com/property/leasecrunch-profile/#key-features) ### Product: Lease Harbor [Lease Harbor](https://www.softwareadvice.com/property/lease-harbor-profile/) 4.50 [(2)](https://www.softwareadvice.com/property/lease-harbor-profile/) ### Pricing availability Free trial: Not available Free version: Not available Software Advice Summary Three robust, fully integrated areas of functionality—100% web-based, easy to use, flexible, and secure, our system provides an intuitive interface offering unparalleled simplicity, without sacrificing flexibility or advanced features. Lease Accounting End-to-end lease accounting functionality allows companies to easily handle accounting throughout the entire life cycle of a lease. Data Management and Lease Administration Lease administration functionality provides the ability to track and manage leases, real property, and other assets (such as equipment and vehicles). Task Management and Workflow Task management functionality enables companies to maximize day-to-day personal and group productivity through the use of tasks and template driven processes. 100% Web-Based - Nothing to install - accessible entirely through a web browser - Unlimited simultaneous users at multiple locations - Changes are processed in real time and can immediately be viewed by any user Easy to Get Started and Use - Lease administrator-friendly input and maintenance of lease data - Full support for conversion of existing data - Intuitive, fast and easy to navigate - Readily accessible executive summaries and drill-down reporting Flexible - Unlimited custom data fields and sections with multiple data types including seamless reporting/security integration - Comprehensive reporting tool allows clients to easily create and customize their own reports - Convenient data export for offline reporting and analysis - Powerful ad hoc searching and reporting capabilities Secure and Reliable - Secured through industry-standard encryption - World-class infrastructure and technologies - Proactive customer support and unparalleled customer service - Client-controlled download of portfolio data and documents as a standard feature Our system provides functionality above and beyond what other portfolio management systems offer: - Extensive Reporting Capabilities: Comprehensive set of standard reports Easily and quickly customize existing reports as well as create their own reports Range from simple modification of existing reports to detailed company-specific designs True, drill-down reporting offered at every level within the portfolio - Visualizations: Client-specific screens comprised of graphical representations of portfolio information View tabular roll-ups and graphical charts Ability to drill-down into the detailed data used to create the roll-up - Journal Entry and Invoice Processing Efficient two-way processing of fully-allocated journal entries, payments, and invoices Built-in, securable approval process Utilizes batches to save time and money Collect detailed batching history for use in budgeting, strategic analysis, CAM reconciliation, and other cost- saving activities - Portfolio Organization Client-specific multi-level tree structure for navigation and drill-down reporting Structure and organize real estate data as your business truly operates User security assigned at every level in the hierarchy - Advanced Customization Cornerstone of our software Allows client-specific information to be captured at multiple levels within the system with no engineering required Custom fields are easy to create and automatically become accessible to our security and reporting features Aliasing of common select list values to suit the needs and terminology of each individual client - Security Groups Manage a diverse user base with granular security rights All users associated with a security group have the exact same capabilities in the system Increase auditability while providing flexibility and ease of administration. - Bulk Upload Unparalleled ability to upload/update data in bulk - Electronic Data Exchange Web services exchange data with internal systems - Multi-National Support Effortless conversion of currencies, size measurements, and date formatting... [Read more](https://www.softwareadvice.com/property/lease-harbor-profile/) ### Best rated features: Tenant Tracking 5.0 Property Management 5.0 Lease Management 5.0 Property Database 5.0 ### Worst rated features: Compliance Management 2.0 Amortization Schedule 3.0 Reporting/Analytics 4.0 For Real Estate 4.0 [See all features](https://www.softwareadvice.com/property/lease-harbor-profile/#key-features) ### Product: PowerPlan [PowerPlan](https://www.softwareadvice.com/property/powerplan-profile/) 4.0 [(1)](https://www.softwareadvice.com/property/powerplan-profile/) ### Pricing availability Free trial: Not available Free version: Not available Software Advice Summary PowerPlan is a cloud-based and on-premise lease accounting suite designed to help businesses across various industry verticals, such as manufacturing, healthcare, retail, mining and more manage the entire accounting lifecycle of operating and capital leases. Key features include asset management, budgeting/forecasting, expense tracking and invoicing. Teams using PowerPlan can utilize lease-inventory templates to collect information from multiple business units and format data for automated validation and conversion. The system uses scenario analysis to examine different adoption scenarios and determine suitable strategies in compliance with lease accounting standards. Additionally, the platform allows organizations to generate standard reports even using ad hoc query wizards. PowerPlan enables enterprises to receive workflow alerts and email notifications to improve accountability and operational efficiency. The product extends support via documentation, phone and email.... [Read more](https://www.softwareadvice.com/property/powerplan-profile/) ### Product: REDA [REDA](https://www.softwareadvice.com/construction/reda-profile/) 4.0 [(1)](https://www.softwareadvice.com/construction/reda-profile/) ### Pricing availability Free trial: Available Free version: Not available Software Advice Summary REDA is a cloud-based software that streamlines operations for real estate businesses. It caters to property managers, general contractors, and developers. It offers a customer relationship management tool to manage leads, contacts, listings, and transactions. It has a property management module to handle leases, rent collection, maintenance requests, and accounting. It lets users monitor budgets, schedules, change orders, and billing details. The accounting feature tracks income, expenses, payables, and receivables.... [Read more](https://www.softwareadvice.com/construction/reda-profile/) ### Best rated features: Credit Check 5.0 Tenant Tracking 5.0 Customer Database 5.0 Online Payments 4.0 ### Worst rated features: Financial Reporting 4.0 Accounting 4.0 Online Payments 4.0 [See all features](https://www.softwareadvice.com/construction/reda-profile/#key-features) ### REDA Real Estate CRM & PMS $95.00/month For more details, visit our pricing page. [See full pricing details](https://www.softwareadvice.com/construction/reda-profile/#pricing-and-plans) ### Product: Tango [Tango](https://www.softwareadvice.com/space-management/tango-lease-administration-and-lease-accounting-profile/) 4.0 [(2)](https://www.softwareadvice.com/space-management/tango-lease-administration-and-lease-accounting-profile/) ### Pricing availability Free trial: Not available Free version: Not available Software Advice Summary Tango Lease Administration and Lease Accounting is a cloud-based solution that helps businesses in the real estate industry manage rent payments, expense reconciliation, tenant administration and more. It streamlines the entire accounting lifecycle, from handling reconciliation operations to automatically calculating right-of-use (ROU) asset and lease liabilities. The unified dashboard enables administrators to process invoices, review and approve recurrent payments and automatically update workflow history. Employees can use the platform to monitor lease expiration or renewal dates, financial obligations and other KPI metrics through automated alerts. Additionally, Lease Administration and Lease Accounting comes with a reporting module, which allows managers to convert raw lease data into actionable insights by generating pre-configured and ad-hoc reports. Lease Administration and Lease Accounting comes with an API, which facilitates integration with several third-party platforms, enabling businesses to push and pull data across systems. Pricing is available on request and support is extended via online measures.... [Read more](https://www.softwareadvice.com/space-management/tango-lease-administration-and-lease-accounting-profile/) ### Best rated features: Reporting/Analytics 5.0 Activity Dashboard 4.5 API 4.0 Mobile Access 4.0 ### Worst rated features: Third-Party Integrations 3.0 Forecasting 3.0 Workflow Management 3.0 Maintenance Management 4.0 [See all features](https://www.softwareadvice.com/space-management/tango-lease-administration-and-lease-accounting-profile/#key-features) ### Product: CoStar Real Estate Manager [CoStar Real Estate Manager](https://www.softwareadvice.com/property/lease-accounting-software-profile/) 4.43 [(30)](https://www.softwareadvice.com/property/lease-accounting-software-profile/reviews/) ### Pricing availability Free trial: Available Free version: Not available Software Advice Summary Lease Accounting Software by CoStar helps enterprises analyze and categorize leases to streamline processes related to new lease accounting, rent obligations, percentage calculations, taxes indexing, adjustment and more. The platform includes a data import tool, which enables businesses to migrate data, create amortization schedules and receive notifications for renewals or status updates. Lease Accounting Software comes with a data management functionality, which lets users manage real estate equipment/assets, accounting workflow and audit trail. The solution offers a host of features such as customizable charges, multi-currency conversion, planned rent revision, account receivables, reminders and more. Additionally, the rent calculation module facilitates automated monthly, quarterly or annual breakpoints generation, transactions exclusion and due payments processing. Lease Accounting Software allows managers to create forecast or summary reports, view amortization details and handle restatements of journal entries. Pricing is available on request and support is provided via phone, email and other online measures.... [Read more](https://www.softwareadvice.com/property/lease-accounting-software-profile/) ### Best rated features: Tax Management 5.0 Multi-Currency 5.0 Rent Tracking 5.0 Financial Management 5.0 ### Worst rated features: For Property Managers 3.0 Portfolio Management 3.7 Billing & Invoicing 3.9 Expense Tracking 4.0 [See all features](https://www.softwareadvice.com/property/lease-accounting-software-profile/#key-features) ### Basic $5.00/month [See full pricing details](https://www.softwareadvice.com/property/lease-accounting-software-profile/#pricing-and-plans) ### Product: Odessa Platform [Odessa Platform](https://www.softwareadvice.com/property/leasewave-profile/) 3.0 [(2)](https://www.softwareadvice.com/property/leasewave-profile/) ### Pricing availability Free trial: Available Free version: Not available Software Advice Summary Odessa is a web-based solution, which helps small to large businesses manage the entire lease/contract lifecycle for equipment and vehicle fleet. Features include asset management, credit processing, multiple user collaboration, data visualization, trend analysis and reporting. The solution enables supervisors to monitor fleet drivers, set up vehicle-replacement policies, plan preventive maintenance and track fuel cards. Businesses can handle the loan origination process, control documents and manage contract discounts and debt syndications. Vendors can use self-service portals to submit applications, track the progress of transactions and receive automated notifications on updates. Additionally, customers can handle credit facilities, request location changes, sign off documents and make payments. LeaseWave integrates with third-party customer relationship management (CRM) systems, and applications such as DocuSign, SuperTRUMP and more. Pricing is available on request and support is provided via mail, discussion forums and documentation.... [Read more](https://www.softwareadvice.com/property/leasewave-profile/) ### Basic $100,000.00one time [See full pricing details](https://www.softwareadvice.com/property/leasewave-profile/#pricing-and-plans) 1 [2](https://www.softwareadvice.com/property/lease-accounting-comparison/?__ai_markdown=true&page=2)[3](https://www.softwareadvice.com/property/lease-accounting-comparison/?__ai_markdown=true&page=3)[4](https://www.softwareadvice.com/property/lease-accounting-comparison/?__ai_markdown=true&page=4) ## Popular Comparisons [ Sage Intacct vs Xero ](https://www.softwareadvice.com/accounting/intacct-accounting-profile/vs/xero/)[ Entrata vs Innago ](https://www.softwareadvice.com/property/entrata-profile/vs/innago/)[ LeaseQuery vs abcoa Deal Pack ](https://www.softwareadvice.com/accounting/abcoa-deal-pack-profile/vs/leasequery-pm/)[ CCH Tagetik vs Lucanet ](https://www.softwareadvice.com/erp/lucanet-world-profile/vs/tagetik/)[ LOIS vs MRI ProLease ](https://www.softwareadvice.com/compare/428899-mri-prolease/vs/521919-LOIS/) Keeping up with compliance requirements is a major challenge for businesses that lease out assets. These requirements have been further expanded with the introduction of forms FASB ASC 842 and IFRS 16 that have significantly increased the volume of financial data being reported and have made the lease accounting process more complex. These developments make the already data-heavy and effort-intensive lease accounting function impossible to handle using spreadsheets and instead demands specialized tools. This buyers guide explains the basics of tools known as lease accounting software and discusses things to know to enable informed purchase decisions. Here’s what we’ll cover: - [What is lease accounting software?](#Whatisleaseaccountingsoftware) - [Common features of lease accounting software](#Commonfeaturesofleaseaccountingsoftware) - [What type of buyer are you?](#Whattypeofbuyerareyou) - [What are the benefits of lease accounting software?](#Whatarethebenefitsofleaseaccountingsoftware) - [What should you consider before buying lease accounting software?](#Whatshouldyouconsiderbeforebuyingleaseaccountingsoftware) ## What is lease accounting software? Lease accounting software is a tool that helps lessors manage the financial and reporting aspects of their leased assets. The tool automates tasks such as lease portfolio management, budgeting, and amortization schedule management. It also helps maintain compliance with international and domestic accounting standards such as the FASB ASC 842 and IFRS 16. The software can be used to manage lease accounting for individual assets or portfolios of assets. ## Common features of lease accounting software Lease accounting software includes features that help to reduce data entry, ensure compliance, and reduce costs. Here are the common features of the software:

Asset management

Track and manage the legal, operational, and financial aspects of any type of leased asset such as real estate or equipment. Manage renewals and buyouts, terms and conditions, and servicing dates.

Amortization schedule management

Add amortization schedules, define the amortization period, calculate total lease charges, and lease duration. You can also view the opening asset and liability balance.

Critical date alerts

Track critical dates for term-end renewals, lease terminations, buyouts, and more.

Capitalization reporting

Import capital lease data such as periodic depreciation and salvage value from different geographical locations or business units and consolidate them into a single report.

## What type of buyer are you? These are the two broad categories of lease accounting software buyers: - **Buyers looking for portfolio accounting:** If you lease out assets of the same category having the same start and end dates, such as a fleet of ships, you can go for portfolio lease accounting software. In this type of tool, transactions are reported based on each lease contract. This simplifies accounting compliance as calculations can be made in aggregate and you don't have to account for each asset individually. - **Buyers looking for individual asset lease accounting:** If you lease out different categories of assets that have different start and end dates, such as buildings or apartments, you can use a solution that supports lease accounting for individual assets. In this type of software, transactions are individually reported for each asset on a lease contract. As it involves diverse assets, making aggregate calculations, in this case, is a complex task. ## What are the benefits of lease accounting software? By now you understand the core features of lease accounting software and its buyer types. Now let's look at some key benefits that will be of value to you: - **Reduce unnecessary costs:** The tool offers features that help you track variable expenses to ensure you don't pay for unnecessary costs. The tool also helps track critical dates in the absence of which your organization may continue to pay for expired leases. - **Reduce errors:** As opposed to spreadsheet-based lease accounting, the software automatically keeps track of the required financial fields to ensure accurate calculations. Data can also be extracted from any chosen field and populated directly into the formulae, which further increases accuracy. - **Improve compliance:** Lease accounting software helps simplify the transition to new accounting standards and helps comply with evolving regulations by allowing users to update lease disclosure regularly. This helps ensure the accuracy and relevance of lease data as users can be sure that the data is current. ## What should you consider before buying lease accounting software? As the last step to purchasing lease accounting software, you need to keep a few additional things in mind: - **Integration with ERP tools:** It's advisable to check if the software supports integration with enterprise resource planning (ERP) systems. In case of a change in lease terms and conditions or changes in user decisions because of termination or extension, lease liabilities and right-of-use assets can go through multiple remeasurements. The impact of these changes reflects on the balance sheet and if regulations change, it will be difficult and risky to carry out a last-minute customization. - **Deployment:** You will need to consider the deployment options available based on your business requirements. If you select on-premise software, you will need to evaluate the complexity involved in installing, maintaining, upgrading, and backing up the software. You will also need to consider if your IT resources are sufficient for deploying the software. If you select a cloud-based solution, you will need to evaluate the vendor based on their data storage capabilities, security policies, and the professional services offered. - **Reviews:** Apart from the functionality your chosen software offers, it's advisable to check vendor reviews and choose a vendor with a good track record of offering help with implementations, data management, and customer support. You should also check if the vendor is financially stable or backed by a large firm and can support long-term data management and operations. If you wish to further understand the features and benefits of lease accounting software, you may fill out this form for an obligation-free consultation. Our advisors will understand your requirements and guide you in shortlisting the options most suitable for your business. _Note: The applications selected in this article are examples to show a feature in context and are not intended as endorsements or recommendations. They have been obtained from sources believed to be reliable at the time of publication._ ### Related Lease Accounting Software - [Accounting Software](https://www.softwareadvice.com/accounting/) - [Accounting Practice Management Software](https://www.softwareadvice.com/accounting-practice-management/) - [Lease Management Software](https://www.softwareadvice.com/property/lease-management-comparison/)