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Lease Accounting Software For Equipment Leases (2026)

Last updated: April 2026

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Key features of Lease Accounting Software For Equipment Leases (2026)

Based on GetApp's analysis of verified user reviews collected between July 2021 and August 2024.

  • Accounting: Users value detailed reports, automated journal entries, and compliance with GAAP and IFRS, reducing manual work and ensuring accuracy. 99% of reviewers rated this feature as important or highly important.
  • Amortization Schedule: Reviewers appreciate the detailed, easy-to-update schedules that streamline tracking, audit preparation, and financial forecasting. 97% of reviewers rated this feature as important or highly important.
  • Reporting/Analytics: Users find the extensive, customizable reports vital for audits, financial disclosures, and internal management, enhancing efficiency and accuracy. 93% of reviewers rated this feature as important or highly important.
  • Compliance Management: Reviewers highlight the ease of adhering to ASC842 and GAAP/IFRS standards, reducing manual errors and aiding in audit readiness. 78% of reviewers rated this feature as important or highly important.
  • Document Management: Users benefit from centralized document storage, easy access to lease agreements, and integration with accounting entries for better organization. 75% of reviewers rated this feature as important or highly important.
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40 software options

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Lucernex lease accounting software integrates with critical tools and centralizes documentation and data for streamlined lease administration and accounting. It also has a 100% success rate at helping teams become compliant with FASB ASC 842, IASB IFRS 16, GASB 87, and more.

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Lease accounting software for real estate business

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CoStar Real Estate Manager is a lease management software that helps businesses in the real estate, eCommerce, hospitality and other sectors manage brokerage applications and marketing functions. The platform enables managers to track insurance requirements, critical dates, security deposits, and other details regarding leased assets.

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Lease accounting software for lessees, supporting IFRS 16, ASC 842, and FRS 102 with automated calculations and audit-ready reporting.

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MRI ProLease is a complete end-to-end, AI powered solution for lease administration and lease accounting which helps with the management of owned, leased, and sub-leased properties.

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Simplify ASC 842 compliance for your lease portfolio. Occupier automates journal entries, ROU calculations, and audit-ready reports—eliminating manual errors and month-end stress. Built for tenants with 30+ leases who need accurate, reliable compliance without the complexity. Free demo available.

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Trullion is the world's first and only AI-powered lease accounting software. CFOs, Accounting Teams, and Auditors can leverage AI to minimize risk, enhance compliance, and increase efficiency.

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Nomos One is your effortless lease accounting and lease management software solution to help you achieve IFRS 16 compliance.

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Easy leasing, easy compliance, easy support

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Crunchafi Lease Accounting is an easy-to-use solution that automates complex ASC 842, IFRS 16, and GASB calculations so CPA firms, companies, and government entities can produce compliant, audit-ready reports in minutes.

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Nakisa Lease Accounting (NLA) is cloud-native software for complex portfolios with 300+ leases. NLA offers built-in parallel compliance with ASC 842, IFRS 16, and GAAP. Disclosure reporting, 10K/10Q reports, true asset accounting, indexation, non-standard calendar, native bilateral ERP integrations.

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UGAAP is a lease accounting software for lessees and/or lessors that helps businesses streamline processes related to disclosure reports, journal entries, amortization schedules, cash flow forecasting, classification tests, auditing, and more. It can be either cloud-based (SaaS) or on-premises.

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Lease Insight is designed to allow CFOs to integrate the impact of ASC 842 into their financial strategy; and to allow CPAs to deal efficiently with the production of financial statements for their clients. It's a simple and powerful solution adopted by companies of all sizes across all industries.

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Black Owl is a lease accounting software that helps businesses in the financial sector record, reconcile, and manage leases. The platform enables managers to ensure compliance in accordance with ASC 842 and IFRS 16 standards.

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