LeaseQuery was built by accountants to provide a long-term lease accounting solution with:

• Compliance for ASC 842, IFRS 16, GASB 87, GASB 96 and SFFAS 54. 
• SOC 1 Type 2 reports issued bi-annually assessing LeaseQuery’s internal controls over financial reporting
• More than 40 accountants on staff

Every LeaseQuery client has access to our dedicated customer success professionals as well as:

• Daily office hours staffed by certified lease accounting analysts 
• 24/7 access to a frequently updated knowledge base 
• Customer center providing one-stop access to all resources
• On-demand training webinars 
• Free CPE webinars on lease accounting topics

• Journal entries
• Amortization schedules
• All required quantitative disclosures
• Practical expedient application

• Custom calendar
• Embedded lease and lease classification tests
• Multi-currency functionality, including translation and remeasurement
• Dual-standard reporting
• Impairments
• Variable payments

• Role-based access
• Audit trail and lease change history
• Data entry validation and duplicate entry prevention
• Locking journal entries

• Critical date reminders
• Central document repository for easy document retrieval
• Read-only auditor access
• Third party integrations with any ERP or GL system
• AI-assisted lease data entry

• Over 100 standard reports
• Complex reporting including roll forwards and historical reporting
• Budgeting, forecasting, and AP reports for expense management
• Flexible reporting studio for simple report customization and template creation
• Report scheduling and sharing functionality

• Automated lease abstracts
• Custom contacts and contact tracking
• Payment, date, and task tracking as well as critical alerts
• Ability to attach documentation to leases

• SSL Encryption
• Firewall and application security
• Managed hosting and backup through AWS

• Lessor and Lessee accounting for GASB 87 and SFFAS 54
• GASB 96 compliance module
• Fund accounting