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Best Lease Accounting Software with a Free Trial

Compare the Top Lease Accounting Software with a Free Trial as of October 2025

What is Lease Accounting Software with a Free Trial?

Lease accounting software automates the management and reporting of lease agreements in compliance with accounting standards such as ASC 842, IFRS 16, and GASB 87. It helps organizations track lease terms, payment schedules, renewal options, and lease liabilities while generating accurate financial reports. The software often includes features for lease classification, amortization calculations, journal entry automation, and audit trail documentation. By centralizing lease data and ensuring regulatory compliance, it reduces manual effort, minimizes errors, and supports timely financial close processes. Lease accounting software is essential for companies managing multiple leases to maintain transparency and meet accounting obligations. Compare and read user reviews of the best Lease Accounting software with a Free Trial currently available using the table below. This list is updated regularly.

  • 1
    Portfolio Manager

    Portfolio Manager

    Blue Sky Capital Strategies

    Blue Sky's "Portfolio Manager" Lease Management Software is an easy to learn and use cloud-based solution for centralized tracking and reporting of lease contracts. By managing your lease contracts and associated maintenance contracts throughout the entire lifecycle you can strengthen the audit process, reduce costs, increase cash flows and mitigate risk with centralized visibility that drives enterprise value. Portfolio Manager provides complete status management for running leasing RFP's, tracking status, notes, documents and next steps for every open project. Bulk data imports allow for efficient data entry. Fully customizable with robust reporting capabilities. The custom report writer allows every data field to be exported to excel. Pre-built templates are available to feed most ASC842 lease accounting software templates. End of lease term management is automated with custom parameters and automatic notifications to ensure you never miss an end of lease term notification.
    Starting Price: $300.00/month
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  • 2
    Xero

    Xero

    Xero

    Xero’s cloud-based all-in-one accounting software makes managing your rental properties simple and efficient. Keep track of property finances in real time, including rent payments, expenses, and deposits, all in one place. Automate rent collection and streamline payment processes through GoCardless, while also managing tenant records and communication seamlessly. With Xero’s easy-to-use tools and cloud-based platform, you’ll have full control over your lease accounting, making your day-to-day operations easier and more organized.
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    Starting Price: $20/month
  • 3
    EZLease

    EZLease

    EZLease

    EZLease provides fast, simple lease accounting software for ASC 842, GASB 87, GASB 96 and IFRS 16 that ensures long-term compliance across equipment and real estate assets. With over 15 years of implementations across private, government and public organizations of all sizes, EZLease manages and automates lease data management and lease accounting and reporting processes, leveraging customer-first support and deep accounting expertise.
    Starting Price: $4,000
  • 4
    iLeasePro

    iLeasePro

    iLease Management LLC

    iLeasePro is an intuitive, cost-effective, and accurate cloud solution that simplifies the transition to and on-going Lease Accounting under the ASC 842 Standard for Lessees. Our cloud-based SaaS solution accounts for Operating, Finance and Short-Term leases to ensure accurate compliance with ASC 842 Standard. With iLeasePro, you can easily generate the amortization schedule, journal entries and financial disclosure reports required by auditors. iLeasePro integrates with several accounting solutions to offer seamless uploading of journal entries into your general ledger. In addition to the lease accounting features, iLeasePro offers you the ability to add unlimited number of users to your account who will have access to critical date tracking and notifications, uploading of electronic lease documents that are linked with a lease, portfolio management capabilities and over 50 standard lease accounting and lease administration reports
    Starting Price: $99
  • 5
    MRI ProLease

    MRI ProLease

    MRI Software

    MRI ProLease is a complete end-to-end solution for lease administration and lease accounting. A true SaaS offering to help organizations manage and track real estate and equipment leases, comply with ASC 842 lease accounting requirements and implement effective space management. Trusted by over 800 clients across 40 industries, MRI ProLease offers cloud-based software solutions to manage every aspect of lease management, lease accounting, space management and CAFM requirements. It is the go to solution for compliance with the upcoming ASC 842/IFRS 16 lease accounting standards and offers dual reporting on the same leases. Whether you have real estate or equipment leases, MRI ProLease meets all requirements and is both intuitive and robust. Designed by industry experts, it gives users constant visibility of critical data points and allows them to easily generate the schedules and reports required.
    Starting Price: $4500 per year
  • 6
    Soft4Lessee

    Soft4Lessee

    Soft4Lessee

    Transitioning from old accounting standards into the new IFRS 16, AASB 16 and ASC 842 provides numerous challenges for businesses. New regulations, more data that needs to be collected and processed as well as more complex duties for accountants that need to be carried out. However, instead of struggling with outdated lease calculators, opt for precise, professional and user-friendly lease accounting software for IFRS 16, AASB 16 and ASC 842 standards. Our lease accounting software is able to do many things and offers tremendous versatility and flexibility to your business. For both SaaS and other types of businesses, the Soft4Lessee accounting solution helps your business do lease management accounting quicker, cheaper and with much less struggle. With our software, you can automate a lot of processes, seamlessly import and export data from and into Microsoft Excel, integrate files of XML and other formats.
    Starting Price: $99 per month
  • 7
    UGAAP Lease Accounting
    UGAAP was founded to automate the complicated yet repeatable process of lease accounting with software technology. Our software helps companies avoid messy transition and ongoing noncompliance risks under the new standard. We help companies save human capital costs in accounting and financial reporting areas. Send us a message today and let's show you what we can do for your accounting needs. Our vision is to create software to automate all complicated calculation and processes in all accounting and tax subjects. We believe lease accounting software is a good example to enable businesses to focus on doing business, not spending excessive resources on compliances. All products are supported by our top-notch GAAP specialists.
    Starting Price: $3600 one time fee
  • 8
    AMTdirect

    AMTdirect

    MRI Software

    AMTdirect is the most trusted name in lease administration and accounting and FASB 842 compliance. Designed for portfolios with 50 or more locations, AMTdirect seeks to help address the challenges faced by corporate real estate professionals every day. The software gives users access to a complete inventory of their property, location and lease information, contracts, associated expenses and revenues, and all related documents in one platform. For lessor accounting, achieve ASC 842, IFRS 16 & GASB 87 compliance for lease receivables linked to a head-lease payable, whether the subtenant is a third party company or intercompany. For lease level accounting, you’ll have access to an audit trail for each lease of all balance sheet calculations, each displaying amortization, opening/closing liability, interest, depreciation etc for each period in line with company-specific accounting calendar.
  • 9
    Cradle

    Cradle

    Cradle

    Journal entries — automated. Complex calculations — instant. ASC 842 & IFRS 16 compliant — always. No need for a long-drawn-out sales call or tiresome negotiation. Simply sign up, enter your details and get started with your accounting tasks. Choose from a plethora of customizable fields and methodologies and let Cradle guide you to the applicable accounting areas of the contract. Input your data and customize the software to your needs. Run fast, accurate-to-the-cent calculations and have your journal entries done immediately. Remove the guesswork and stress that comes with accounting under the new lease accounting standards ASC 842 and IFRS 16. Refine and update your lease accounting processes, all while saving time and money. We also offer complete implementation guidance. Whether you are a financial controller for a public company, or a small business owner that still needs to adhere to financial reporting requirements, Cradle will save you time.
    Starting Price: $10 per month
  • 10
    LeaseAccounting.app

    LeaseAccounting.app

    LeaseAccounting.app

    Online Cloud Lease Accounting Software. Complying with IASB standards is a headache in Excel. LeaseAccounting.app helps international businesses achieve IFRS 16 compliance with ease. These can be opened, for example, in excel. Lease reporting can be done using our standard reports. YOu can use them to create postings and gather data for your financial notes. You also have the possibility to save different report views to the Library. Make the needed selections for the report -> Give the report a name -> Save. Then, the report will be saved to the Library. From the Library you can then run multiple reports at once to your own email. The old dates saved in the template will be replaced with the dates selected in the Library view.
    Starting Price: $49 per month
  • 11
    RemoteLandlord

    RemoteLandlord

    Remote Landlord Systems

    Remote Landlord is a trusted property management platform that provides an exceptional, fully complete solution to meet all property management needs. Simple and reliable, Remote Landlord enables landlords and property owners to easily and cost-efficiently keep track of both residential and commercial properties. Equipped with a robust accounting feature and other functionalities such as legal tracking, tenant portal, and lease management, Remote Landlord helps landlords and property managers increase their efficiency and enhance the quality of service provided to their tenants.
  • 12
    CCH Tagetik

    CCH Tagetik

    Wolters Kluwer

    Companies trust CCH Tagetik Corporate Performance Management software to save time, lower costs and reduce risk. Get a faster close, more forward looking-planning and in-depth analytics by connecting data, processes and people with a single trusted source. CCH Tagetik Finance Transformation Platform, powered by the Analytic Information Hub, is the unified platform that connects finance and operations and streamlines your consolidation & close, planning, reporting & analytics, disclosures and compliance.
  • 13
    IRIS Lease Accounting

    IRIS Lease Accounting

    IRIS Software Group

    Achieve IFRS 16 and ASC 842 compliance with ease. With IRIS Lease Accounting, businesses can easily automate compliance with the latest lease accounting standards, transform leasing processes, align strategies across an organization, and improve leasing outcomes. IRIS Lease Accounting is a proven solution that simplifies compliance with the IFRS 16 and ASC 842 standards. From publicly listed companies to public sector bodies, thousands of finance professionals around the world rely on IRIS Innervision to transform their leasing processes, centralize their data and automate lease accounting compliance. Replace ineffective spreadsheets and easily comply with the latest lease accounting standards, IFRS 16 and ASC 842, this year and every year.
  • 14
    Yardi Corporate Lease Manager
    Corporate Lease Manager. Optimize efficiency, improve compliance and reduce risk with a comprehensive lease management solution. Corporate Lease Manager puts lease data and functionality at your fingertips. Deal management workflows, lease management functions and a FASB/IFRS compliant lease accounting system, now in one powerful platform. Lease Accounting. Trusted by over 5,000 major real estate businesses, Yardi brings focus and real estate accounting expertise to the corporate occupier market. Corporate Lease Manager is layered on our best-in-class real estate accounting platform which helps your organization comply with FASB ASC 842/IFRS 16 reporting guidelines, calculate present value and amortization schedules, generate payables and journal entries and process payments all on one single platform. Lease Management. Fresh and simple user interface with powerful features to manage your lease portfolio end-to-end. Manage all your real estate and equipment leases.
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