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LeaseQuery Logo

LeaseQuery

Lease Accounting Software for ASC 842, IFRS 16, & GASB 87

Last updated: November 2024

LeaseQuery - 2024 Pricing, Features, Reviews, & Alternatives

Table of Contents

What is LeaseQuery?

LeaseQuery is a cloud-based lease accounting and lease management software for lessees reporting under FASB ASC 842 and IFRS 16 as well as both lessees and lessors under GASB 87. The system enables businesses to track their leases, get alerts for renewal deadlines, provide journal entries and financial disclosures, calculate straight-line amortization, and prevent overpayment of rent. It prepares journal entries for deferred rent and tenant improvement allowances, sends alerts for renewal deadlines, and provides the ability to create multiple reports.

The software sends users reminders of critical dates such as renewals, expirations, and custom dates. Users can assign different tasks to employees under multiple leases, along with “complete by” dates.

LeaseQuery allows users to store and organize documents in any format (PDF, Word, Excel) in one searchable database. It has a powerful search engine that enables users to locate documents quickly and easily.

LeaseQuery provides the Commitments reports required in the MD&A and the Commitments and Contingencies reports required in notes for GAAP. Users can further create their own customized reports with any attribute. The software supports data integrity by ensuring all leases entered are approved by another person. Each lease has an audit trail, disclosure, and approval.

Benefits of using LeaseQuery

• With LeaseQuery, users can create custom fit reports by adding custom metrics or attributes to the system.

• Documents of any type can be uploaded into one searchable database.

• Users can create custom dates for any lease.

• LeaseQuery provides access to lease documents and information from any location.

• Users can set different tasks under multiple leases.

Starting from

3900

Per year

LeaseQuery's key features

Features selected based on reviews from LeaseQuery users:

General Ledger
4.7
(15)
Compliance Management
4.5
(11)
Amortization Schedule
4.7
(14)
Reporting/Analytics
4.4
(14)
Third-Party Integrations
3.4
(5)
Expense Tracking
4.5
(6)

Features

4.6

/5

61

Ease of use

4.7

/5

61

All LeaseQuery features

Fund Accounting
4.0
(1)
API
4.5
(2)
Alerts/Notifications
(0)
Accounting
4.8
(9)
Alerts/Escalation
4.5
(2)
Multi-Currency
4.5
(4)
Property Management
4.3
(3)
Audit Trail
4.3
(3)
Document Storage
4.0
(3)
Document Management
4.8
(6)
For Equipment Leases
5.0
(2)
Portfolio Management
5.0
(2)
For Real Estate
5.0
(1)
Tax Management
4.8
(4)
Contact Management
5.0
(2)
Budgeting/Forecasting
(0)
Lease Tracking
(0)
Forecasting
(0)
For Government
(0)
Financial Reporting
(0)
Financial Management
(0)
Maintenance Management
4.7
(3)
Multi-Location
(0)
Nonprofits
(0)
Payment Tracking
(0)
Reminders
5.0
(1)
Reporting & Statistics
(0)
Retail Leases
(0)
Search/Filter
(0)
Transaction History
(0)
Workflow Management
(0)
Access Controls/Permissions
(0)
Accounting Integration
(0)
Activity Dashboard
(0)
Activity Tracking
(0)
Ad hoc Reporting
(0)
Approval Process Control
(0)
Asset Lifecycle Management
(0)
Audit Management
(0)
Capitalization Reporting
(0)
Client Portal
(0)
Commercial Leases
(0)
Configurable Workflow
(0)
Contact Database
(0)
Contract/License Management
3.0
(1)
CPA Firms
(0)
Critical Date Alerts
(0)
Currency Conversion
(0)
Customer Database
(0)
Customizable Fields
(0)
Customizable Reports
(0)
Data Import/Export
(0)
Financial Analysis
(0)

LeaseQuery alternatives

LeaseQuery logo

LeaseQuery

4.7
(61)
visit website

Starting from

3900

Per year

Free trial
Free version
Ease of Use
4.7
Features
4.6
Value for Money
4.7
Customer Support
4.8
Entrata logo

Entrata

4.6
(362)
visit website

Starting from

ic-pricetag

No pricing info

Free trial
Free version
Ease of Use
4.5
Features
4.5
Value for Money
4.6
Customer Support
4.4
Nakisa Lease Accounting logo

Nakisa Lease Accounting

3.8
(19)
visit website

Starting from

0.01

Free trial
Free version
Ease of Use
3.9
Features
3.7
Value for Money
3.9
Customer Support
3.4
Innago logo

Innago

4.9
(357)
visit website

Starting from

Free

Free trial
Free version
Ease of Use
4.8
Features
4.8
Value for Money
5.0
Customer Support
4.9

LeaseQuery pricing

Pricing options
Free plan
Subscription
Free trial
Pricing range

Value for money

4.7

/5

61

Starting from

3900

Per year

Other

LeaseQuery support options

Typical customers

Freelancers
Small businesses
Mid size businesses
Large enterprises

Platforms supported

Web
Android
iPhone/iPad

Support options

Chat
Email/Help Desk
Phone Support
FAQs/Forum
Knowledge Base

Training options

Live Online
Documentation
In Person
Webinars
Videos

LeaseQuery reviews

Overall rating

4.7

/5

61

Positive reviews

98

%

Rating breakdown
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9.21/10
Rating distribution

5

4

3

2

1

44

16

1

0

0

Pros
Lease query is awesome it allows us to follow compliance of accounting with ease and its other tools like software management helped us optimize our spend.
AvatarImg

Karan R.

founder

They are adding features that are relevant and useful, I have had less issues with the system and support has assisted me much quicker when I have issues. I am overall pleased with LeaseQuery.
KG

Kirsten G.

Accounting Supervisor

Overall, so far very happy with LQ, especially with Customer Service which has been a very helpful resource any time a question surfaces - big or small.
JT

Jay T.

Director, Technical Accounting

Cons
Pricing structure and how you are still charged for terminated and completed leases.
MB

Melissa B.

Assistant Controller

Right now, the approver would have to reject the lease, for the original person to fix and then re-submit.
CR

Chelsea R.

Senior Staff Accountant

Reports have recently started taking much longer to run. It is difficult to look up a lease unless you have the Lease ID or know the exact address.
KG

Kirsten G.

Accounting Supervisor

Read all reviews
Read all reviews

LeaseQuery FAQs

Q. What type of pricing plans does LeaseQuery offer?

LeaseQuery has the following pricing plans:
Starting from: $3900.00/year
Pricing model: Free, Subscription

Q. Who are the typical users of LeaseQuery?

LeaseQuery has the following typical customers:
Large Enterprises, Mid Size Business, Non Profit, Public Administrations, Small Business

Q. What languages does LeaseQuery support?

LeaseQuery supports the following languages:
English

Q. Does LeaseQuery offer an API?

Yes, LeaseQuery has an API available for use.

Q. What other apps does LeaseQuery integrate with?

LeaseQuery integrates with the following applications:
Microsoft Dynamics 365 Business Central tegossuite, Oracle PeopleSoft, Oracle Fusion Cloud ERP, Sage Intacct, Infor Financials & Supply Management, NetSuite, Workday Financial Management, Sage X3, Sage Fixed Assets, JD Edwards EnterpriseOne

Q. What level of support does LeaseQuery offer?

LeaseQuery offers the following support options:
Chat, Email/Help Desk, Phone Support, FAQs/Forum, Knowledge Base

Related categories

Lease Accounting
Accounting
Lease Management

Select your country

US office

56 Top Gallant Road
Stamford, CT 06902
USA

Registered office

Calle Álava 121
08018 Barcelona,
Spain

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