Lease accounting software turns lease contracts into the right-of-use assets, liabilities and journal entries that ASC 842, IFRS 16 and GASB 87 require.
This guide ranks eleven products on setup effort, the bill once services are added, export of lease data, and whether you can buy without a reseller or a parent suite.
Vendors can pay for more visibility on this website, for example a higher place in a ranking or more room on a page. Commercial relationships can also affect which products we feature and how prominently. Every vendor link is marked the same, whatever the arrangement behind it. How that works.
In short
What lease accounting software does
Lease accounting software records each lease, calculates right-of-use assets, liabilities and amortisation under standards such as ASC 842 and IFRS 16, and posts journal entries and reports to the ledger.
Every lease accounting tool was judged on five points in a fixed order: setup effort, cost in practice, how data is exported, how easily you can leave, and the buyer it was designed for. One rule sits on top of those tests: places 1 to 3 go to challengers, vendors outside the best-known brands in a category, wherever the category has them; the established names follow from place 4 in their ranked order. Our how we work page explains the choice of these five and why we give no mark out of ten.
Lease admin and lease accounting built as one system for tenants
Ranked #1 of 11 in Best Lease Accounting Software in 2026.
Pricing on requestNorth America
Leasecake Inc. gives its tiers in revenue and lease counts: 50 to 100 leases suits a small tenant and 100 to 1,000 a mid-size one. The platform menu lists lease management, deal management, portfolio analysis, lease accounting and due diligence.
Its comparison pages name Finquery, Visual Lease, MRI and Occupier as rivals. The address is in Windermere, Florida. Verify how the books follow a lease change before signing.
What stands out
Tenant-side
Admin plus accounting
Multi-location
Where it costs you
Leasecake Inc. shows no prices on its pricing page, so cost can only be learned through a sales call.
The accounting standards covered were not visible in the pages read, so check ASC 842 and IFRS 16 scope in the demo.
Right for
Multi-location tenants wanting lease admin and accounting in one system
Wrong for
Buyers needing published prices before talking to sales
United StatesQuoted per organisation; pricing page shows no prices and sends buyers to a demo
Tenant-only lease platform that charges per lease and per module
Ranked #2 of 11 in Best Lease Accounting Software in 2026.
Pricing on requestElsewhere
Occupier, Inc. bills by lease count and by module, includes unlimited users, and builds implementation support into every plan. Extras such as lease abstraction and audits are quoted separately, and the company says customers average over 27 amendments a year.
Lease changes made by real estate staff flow into the accounting schedules. Services terms are under Massachusetts law, though no headquarters is stated.
What stands out
Per lease
Unlimited users
Tenant-only
Where it costs you
Occupier, Inc. publishes no amounts, so the per-lease rate for your portfolio is unknown until quoted.
Abstraction, amendment handling and audit help are optional paid services, which raises the first-year bill.
Right for
Tenant finance and real estate teams sharing one lease record
Wrong for
Landlords tracking tenants, or buyers wanting published rates
Not stated by the vendorPer lease and per module with unlimited users; quote on request
IFRS 16 lease accounting from a company founded in Dunedin
Ranked #3 of 11 in Best Lease Accounting Software in 2026.
Pricing on requestAsia-Pacific
Nomos One began in 2012 as a New Zealand tool for lawyers handling commercial leases and later grew into IFRS 16 accounting. The office is in Dunedin.
Separate pages describe lease accounting, lease management, onboarding and managed services, so a team can hand part of the work to the vendor. Support runs 9am to 5pm NZT, extended to 8pm in peak periods. No prices are shown.
What stands out
IFRS 16 focus
Managed services
Lease management
Where it costs you
The pages read cover IFRS 16 and AASB 16 and name no US GAAP or GASB coverage.
Support hours follow New Zealand business days, so American teams work across a large time difference.
Right for
IFRS 16 reporters in Australasia or elsewhere wanting managed onboarding
Wrong for
US public-sector or ASC 842-only reporting teams
New ZealandDemo-led sales; no pricing page and no prices on the pages read
Configurable lease system claiming days to go live, with ERP connectors
Ranked #4 of 11 in Best Lease Accounting Software in 2026.
Pricing on requestElsewhere
Lease Harbor, LLC pitches configurability: unlimited data fields, a library of standard and custom reports, and bulk updates with audit trails.
The system page lists pre-built connectors for Oracle, SAP and NetSuite and automation of journal entries and invoicing. A SOC 1 Type II report is cited. The home page says set-up takes days, with data conversion taking a few weeks.
What stands out
Configurable fields
ERP connectors
SOC 1 Type II
Where it costs you
The pages read state neither a country nor any price, so due diligence starts from zero.
Days-to-live and retention figures are the vendor's own claims with no method shown.
Right for
Teams with unusual lease data needing many custom fields and reports
Wrong for
Buyers who need a stated country or price before a demo
Not stated by the vendorDemo-led sales; no pricing page and no prices on the pages read
LeaseCrunch successor sold to CPA firms, priced per lease per year
Ranked #5 of 11 in Best Lease Accounting Software in 2026.
Pricing on requestElsewhere
Crunchafi was created in 2024 when LeaseCrunch merged with Finagraph, and its founders include former Big Four auditors and a former FASB staff member. Lease accounting is billed per lease per year with training and support included.
Features listed include dual access, audit-ready reports and annual SOC reports. The company claims 750 or more CPA firms among its customers. Data extraction is a second, separately priced product.
What stands out
Per lease
CPA firms
Audit-ready
Where it costs you
Per-lease annual pricing grows with every lease added, and no amounts are shown.
The product is aimed at CPA firms, so a corporate controller gets a tool designed for a different buyer.
Right for
CPA firms running lease schedules for many clients
Wrong for
Large corporates needing lease admin and procurement workflows
Not stated by the vendorAnnual price per lease; training and support included; amounts not shown
LeaseQuery maker, now a four-product subledger company in Atlanta
Ranked #6 of 11 in Best Lease Accounting Software in 2026.
Pricing on requestNorth America
FinQuery, LLC works from Atlanta and keeps the LeaseQuery name for its lease subledger, which it says integrates with any ERP. A NetSuite-native version exists. The standards listed are ASC 842, IFRS 16, FRS 102, GASB 87 and SFFAS 54.
LeaseGuru is a separate trial product for portfolios of 25 and under, so small teams can test before quoting. Fixed assets, debt and accrual accounting come from the same vendor.
What stands out
ASC 842 and IFRS 16
NetSuite version
Atlanta
Where it costs you
The pricing page is a request form only, so there is no way to compare rates beforehand.
Lease accounting is one of four FinQuery product lines, so roadmap attention is shared.
Right for
Controllers wanting a subledger that feeds any ERP, including NetSuite
Wrong for
Teams wanting prices published before they talk to sales
United StatesQuoted per organisation; small-portfolio LeaseGuru has a trial
AI platform for accountants with lease accounting as one workflow
Ranked #7 of 11 in Best Lease Accounting Software in 2026.
Pricing on requestElsewhere
Trullion treats the contract as the source document and keeps a clickable path from a posted number back to the clause behind it. In an audit that changes the conversation from producing workpapers to opening them.
The extraction is assistive rather than autonomous: you review what it read, and on unusual contract structures you correct it. If your revenue comes from card transactions rather than agreements, none of this applies.
What stands out
Auditable AI
Controller workflows
Audit prep
Where it costs you
Extracted terms need human review before they are trusted
Revenue is newer than the lease accounting the product started with
Right for
Finance teams whose audit pain is evidence, not arithmetic
Wrong for
High-volume transactional businesses with no written contracts
Not stated by the vendorSales-led; no pricing page and no prices on the pages read
Enterprise lease platform from New Jersey, with a CoStar Group footer
Ranked #8 of 11 in Best Lease Accounting Software in 2026.
Pricing on requestNorth America
Visual Lease runs from Iselin, New Jersey, and its about page carries a 2026 CoStar Group copyright line. The compliance menu covers ASC 842, IFRS 16, GASB 87 and GASB 96.
Its accounting page names modification, impairment, termination and abandonment scenarios. Over 100 standard reports plus ad-hoc reporting are claimed, with AI lease abstraction sold on the same site. Buyers request pricing.
What stands out
ASC 842 and GASB
AI abstraction
CoStar footer
Where it costs you
Enterprise scope, with sustainability reporting and controls modules, adds weight for a small portfolio.
Pricing is by custom request only, and no trial is mentioned on the pages read.
Right for
Large portfolios mixing ASC 842, IFRS 16 and public-sector GASB work
Wrong for
Small tenants with a handful of leases
United StatesQuoted per organisation; custom pricing request, no prices shown
Montreal software house selling lease accounting beside HR planning
Ranked #9 of 11 in Best Lease Accounting Software in 2026.
Pricing on requestNorth America
Nakisa Inc. is headquartered in Montreal, Quebec, with a US office in Fort Lauderdale and a German entity in Frankfurt.
Its Finance menu holds a Lease Accounting Suite with IFRS 16, ASC 842 and GASB 87 solution pages, and its Real Estate menu repeats the suite beside capital projects and facility management. A developer API is listed. Visitors are pushed to a personalised demo.
What stands out
Lease Accounting Suite
IFRS 16 and ASC 842
Montreal
Where it costs you
Nakisa also sells HR planning and org charts, so lease accounting is a side line of a wider company.
The site gives no price, trial or plan list, only a personalised demo.
Right for
Enterprises wanting lease accounting beside real estate management tools
Wrong for
Small teams wanting a quick start with published terms
CanadaDemo-led sales; no prices, trial or plan list on the pages read
Lease accounting and procurement now sold under insightsoftware
Ranked #10 of 11 in Best Lease Accounting Software in 2026.
Pricing on requestNorth America
LeaseAccelerator joined insightsoftware in July 2024, a group headquartered in Raleigh, North Carolina. The product page lists ASC 842, IFRS 16 and FRS 102 accounting, a direct SAP connection for lease close, and competitive sourcing across 26 countries.
It combines accounting, administration and procurement in one platform. Expect a scoped project rather than a self-serve start, and ask which parts of procurement you would actually use.
What stands out
ASC 842 and FRS 102
SAP connection
insightsoftware
Where it costs you
Sold from the insightsoftware domain, so the buyer relationship is with a larger group since July 2024.
Prices sit behind a Get Pricing form, and procurement features add scope a plain accounting team may not use.
Right for
Large corporates running SAP and wanting lease sourcing with accounting
Wrong for
Small teams wanting a simple subledger with a quick trial
United StatesSales-led; Get Pricing form on the product page, no prices shown
Dutch workplace suite with a lease accounting module for SAP shops
Ranked #11 of 11 in Best Lease Accounting Software in 2026.
Pricing on requestEurope
Planon is what a European corporate estate buys when the answer has to hold for a decade: leases, service contracts, space, maintenance and sustainability reporting in one data model, with a Dutch establishment and a real European support organisation.
The price of that is the project. Workflows are configured, not switched on, the administrator role is a job rather than a task, and small estates pay for depth they will never open.
What stands out
IWMS suite
SAP integration
FASB and IASB
Where it costs you
Configuration realistically requires Planon or an accredited partner
Time to first value is measured in quarters, not weeks
Right for
Large European portfolios needing leases, services and space in one platform
Wrong for
Organisations with no internal application administrator to own it
NetherlandsSales-led; modules sold separately, no prices on the pages read
Lease accounting software records each lease, calculates right-of-use assets, liabilities and amortisation under standards such as ASC 842 and IFRS 16, and posts journal entries and reports to the ledger. Differences that change the outcome seldom sit in the features. Here is the sequence we would follow.
01
Work out how much a sales call is worth to you
None of these lease accounting tools publishes a price. Each one quotes per organisation, so budget for at least one sales call per shortlisted vendor.
02
Ask which country the contract runs through
Where a company is established decides which courts and regulators can reach it. Here that means 5 countries: North America 5, Elsewhere 4, Europe 1, Asia-Pacific 1.
What should lease accounting software calculate for ASC 842 and IFRS 16?
Lease accounting software must produce right-of-use assets, lease liabilities, amortisation schedules, journal entries and disclosure reports. Coverage of standards differs by vendor. Occupier lists ASC 842, IFRS 16, FRS 102 and GASB 87, FinQuery adds SFFAS 54, and Visual Lease names GASB 96 as well. Nomos One writes its accounting page around IFRS 16 and AASB 16, while Lease Harbor says FASB, IFRS and GASB are automated.
Leasecake lists Lease Accounting as a module without naming standards in the pages read. Ask for a worked example of a lease modification, impairment and early termination on your own contract, because Visual Lease names those scenarios and others leave them to the demo. Test the journal entry layout against your chart of accounts before signing, and ask how disclosure reports and roll-forwards are produced for the auditor, since Crunchafi and Visual Lease both put audit-ready reporting in their feature lists.
Ask which standards the vendor names: ASC 842, IFRS 16, GASB 87, FRS 102
Request a worked modification and termination on one of your leases
Check the journal entry layout against your chart of accounts
How is lease accounting software priced: per lease, per module or by quote?
Lease accounting software is mostly sold on quotes, but the unit differs. Occupier charges per lease and per module with unlimited users, and Crunchafi charges per lease per year with training and support included. Leasecake, Visual Lease, FinQuery and LeaseAccelerator send buyers to a form or demo, and none of the pages read show an amount. A per-lease unit rewards small portfolios and punishes a restaurant chain or retailer with hundreds of sites.
Optional services change the first-year bill: Occupier sells abstraction, amendment handling and audits separately. Ask for the price at your lease count today and at double that count, and ask what happens to the fee when leases end or are terminated early. Get the answer in the written quote rather than in the demo, because per-lease units make that clause matter.
Ask for a price at today's lease count and at twice that count
List which services are included and which are optional
Check whether expired leases still count toward the fee
Which lease accounting software connects to my ERP or general ledger?
The ERP link decides how much manual work remains after month-end. FinQuery says its subledger integrates with any ERP and sells a version built inside NetSuite. Lease Harbor lists pre-built connectors for Oracle, SAP and NetSuite, and LeaseAccelerator advertises a direct SAP connection for lease close. Planon offers a separate version for SAP, while Visual Lease describes integration with ERP and business intelligence tools.
Nakisa lists a developer API. Occupier lists ERP integration among its lease accounting features. Ask which of these are standard connectors and which are projects, and ask who maintains them. Run one test month through the connector before relying on it for close, and keep the exported schedules from that month as a fallback if the link fails during a quarter-end.
Name your ERP and ask for the standard connector
Ask who builds and maintains the integration
Run a test month of journal entries into a sandbox
When does a lease platform beat a spreadsheet, and what else comes with it?
A spreadsheet works for a few leases, and the vendors here mostly start where it stops. FinQuery offers LeaseGuru as a trial product for portfolios of 25 leases or fewer, and Leasecake sizes its tiers from 50 leases. Beyond the subledger, products add scope: Visual Lease adds sustainability reporting, LeaseAccelerator adds procurement, Planon wraps leases in a facilities suite, and Trullion places them inside an AI accounting platform.
That extra scope helps a large estate and burdens a small finance team. Pick the vendor whose extras you will use, and ask each one what the lease-only version contains and costs. A short written scope, listing included modules and excluded ones, prevents a quote for a broad suite from replacing the narrow tool you wanted.
Count your leases and compare with each vendor's stated tier
Ask what the lease-only version contains
Decide which extra modules you would actually switch on
What goes wrong most often when buying lease accounting software
Buying a platform for its ASC 842 pages when the company reports under IFRS 16 or GASB, which only some vendors name.
Comparing per-lease quotes at today's portfolio size and ignoring growth to twice as many leases.
Trusting vendor claims such as days-to-live without asking for a reference at your size and ERP.
Paying for procurement, sustainability or facilities modules when the real need is a lease subledger.
07
Frequently asked questions
6 answers
What is the best lease accounting software in 2026?
Leasecake takes first place among the 11 we reviewed. Leasecake Inc. sells one product to tenants and sizes its tiers by revenue or lease count, from 50 leases upward. Lease Accounting is one of five platform modules beside deal management and portfolio analysis.
The pages read do not show which accounting standards are covered or any price, and the FAQ answer on ASC 842 was not visible, so confirm standards and fees in the demo.
Which lease accounting tools publish their pricing?
The ones that do, with the model each states:
None of them publish a price.
The remaining 11 sell by quote.
Is there a free lease accounting tool?
No. None of the 11 offer a usable free tier.
Where are these lease accounting software vendors established?
Across 5 countries (North America 5, Elsewhere 4, Europe 1, Asia-Pacific 1):
Leasecake: United States.
Occupier: Not stated by the vendor.
Nomos One: New Zealand.
Lease Harbor: Not stated by the vendor.
Crunchafi: Not stated by the vendor.
FinQuery: United States.
Trullion: Not stated by the vendor.
Visual Lease: United States.
Nakisa: Canada.
LeaseAccelerator: United States.
Planon: Netherlands.
What should you use instead of Leasecake?
Occupier and Nomos One are the next two on this page. Occupier is for Tenant finance and real estate teams sharing one lease record; Nomos One is for IFRS 16 reporters in Australasia or elsewhere wanting managed onboarding.
Who should not buy Leasecake?
Buyers needing published prices before talking to sales. Leasecake Inc. shows no prices on its pricing page, so cost can only be learned through a sales call..
We rank 11 lease accounting software products on this page. If we missed one, its maker can write to us about its purpose and customers. We pick what gets added; the terms of a listing are set out under software advice.
