Capital Versus
Operating Lease Test

Use this free tool to quickly evaluate the 4 rules to determine if your lease is a capital (finance) or operating lease.


Determine your lease classification

Evaluate whether your lease is operating or capital under FASB 840 and IAS 17.

Evaluate lease by lease

Enter each lease to determine if it meets any of the 4 criteria required for classification.


Simplify a complicated process

Walk through the questions and calculations required to determine your lease classification.