Easy To Use and Accurate Lease Accounting Software
3 Easy Steps To Compliance
We Enable You to Comply Fully with FASB Topic 842 and IFRS 16
We have clients in almost every industry with one thing in common, needing an easy-to-use and compliant solution to help with lease accounting.
Benefits of LeaseQuery
LeaseQuery is a lease accounting software which enables accountants and real estate professionals to:
LeaseQuery’s accounting software complies with the new IASB and FASB lease accounting standards.
How we are different
We are accountants just like you. Unlike other software vendors, we aren’t former real estate professionals trying to learn accounting on your dime. LeaseQuery is staffed by accountants with diverse backgrounds who not only created the software, but also help companies like yours during the transition. Simply put, we are the absolute best at what we do. Sign up for a demo today and let us prove it.
Features of LeaseQuery
“LeaseQuery is a cloud-based lease accounting software, which enables companies who lease real estate and/or equipment to simplify their accounting for leases and to easily comply with the new GAAP lease accounting guidelines.”
Accounting For Leases: New FASB & IASB Lease Accounting Rules
LeaseQuery simplifies accounting for leased assets including:
- real estate
- equipment
- vehicles
Our lease accounting software already complies with the new IASB and FASB lease accounting rules.
LeaseQuery calculates the ROU asset and lease liability under the new rules.
Reports
LeaseQuery makes it simple, you don’t have to dig through hundreds of reports to find the one you need.
All required reports and disclosures under current and new lease rules are included “out of the box” so you don’t have to build them. Give your auditors everything they need within a few clicks.
Need more reports? It’s simple and easy to build any report you want, with any attribute you want.
Lease Classification Test
Determine if your lease is an operating/capital lease in minutes.
Provides evidence for your auditors to support your lease classification.
It’s a step-by-step guide that so easy to use, it’s been called the “TurboTax” for Lease Accounting.
You can use the capital vs. operating lease test for FREE by clicking here.
Document Management
Organize all of your lease documents in any format (PDF, Word, etc) in one searchable database.
Our state-of-the-art search function lets you retrieve precisely what you are looking for.
Data Integrity
LeaseQuery ensures that errors are not introduced into the system by requiring all leases entered to be approved by someone other than the person who entered it.
Each lease has an audit trail, disclosing who entered it, who approved it, who modified/edited it, and who deleted it.
Critical Dates
Manage critical dates like expirations, renewals, and any custom dates.
Users have the ability to set different tasks under multiple leases and assign them to an employee, along with a “complete by” date.
Never miss a critical date again.
