Lease Accounting Solution

LeaseQuery Features and Functionality

Get an unmatched suite of features and functions
that enable you to comply with ASC 842, IFRS 16, and GASB 87

Operational Efficiency
Role Based Access by Subsidiary/Location
Locking Journal Entries
Central Repository & Easy Document Retrieval
Alert Notifications for Critical Dates
Accounting Intelligence
Calculates the ROU Asset & Lease Liability
Lease And Non-Lease Components Assessment
Contingent Rent
Practical Expedient Application
Borrowing Rate Charts
Custom Calendar
Useful Life Charts
Data Integrity
Data Entry Validation
Lease Change History Documentation
Duplicate Prevention
General Ledger Agnostic
International Considerations
All Three Options for IFRS Transition Method
Translation &
ASC 840 Disclosures
ASC 842 Disclosures
IFRS 16 Disclosures
GASB 87 Disclosures
Legacy GASB Disclosures
Ad-hoc Reporting Capabilities

We Ensure You Comply with ASC 842, IFRS 16, & GASB 87


LeaseQuery provides all the reports and disclosures required by your auditors and regulators out of the box. And if you need a report that you don’t see here, it’s easy to create any custom report you want.

ASC 840 Reports

  • Asset Balance Rollforward (Capital Leases Only)
  • Commitments Disclosure Report (MD&A) for Capital
  • Commitments Disclosure Report (MD&A) for Operating
  • Commitments Disclosure Report (Notes) for Capital
  • Commitments Disclosure Report (Notes) for Operating
  • Depreciation Expense Rollforward (Capital Leases Only)
  • Interest Expense (Capital Leases Only)
  • Liabilities Rollforward (Capital Leases Only)
  • Payment Expense (Capital Leases Only)
  • Deleted Leases Report
  • Lease History Report
  • Percentage Rent Settlement Report

IFRS 16 Reports

  • Accumulated Depreciation Rollforward
  • Amortization of ROU Assets
  • Asset Balance Rollforward
  • Financing Cash Flows
  • Interest on Lease Liabilities
  • Liabilities Rollforward
  • Maturity Analysis (MD&A)
  • Maturity Analysis (Notes)
  • Variable Lease Cost (Cost excluded from lease payments)
  • Complete Disclosures Report

ASC 842 Reports

  • Amortization of ROU Assets – Finance Leases
  • Finance Lease – Financing Cash Flows
  • Finance Lease – Operating Cash Flows
  • Interest on Lease Liabilities – Finance Leases
  • New ROU Assets – Finance Leases
  • New ROU Assets – Operating Leases
  • Operating Lease Cost (Cost resulting from lease payments)
  • Operating Lease – Operating Cash Flows
  • Short-term Lease Cost
  • Sublease Income
  • Variable Lease Cost (Cost excluded from lease payments)
  • Weighted Average Discount Rate – Finance Leases
  • Weighted Average Discount Rate – Operating Leases
  • Weighted Average Lease Term – Finance Leases
  • Weighted Average Lease Term – Operating Leases
  • Complete Disclosures Report

Legacy GASB

  • Accumulated Depreciation Rollforward (Capital Leases Only)
  • Minimum Future Payments – Finance Leases
  • Minimum Future Payments – Operating Leases
  • Minimum Future Rental Payments (Landlord)
  • Gross Asset Balance Rollforward (Capital Leases only)
  • Interest Expense (Capital Leases only)
  • Liabilities Rollforward (Capital Leases only)

Our Clients Explain Our Lease Accounting Solutions Best

"It took a time-sucking, life-sucking process and turned it into the click of a button"

Trista — Controller at National Healthcare Organization

"LeaseQuery is years ahead of our external auditors in terms of lease knowledge and financial reporting, saving our company time, money, and resources."

Sarah M. — Tupelo Honey Hospitality Corporation

"We are able to instantly pull up all of the details on any given lease with only a couple of clicks."

Missy W. — Scotland Wright Associates

"The time and productivity savings cannot even be put into words for a team with such stretched bandwidth like ours."

Trista L. — PT Solutions

"This is a breath of fresh air for an occupation that’s usually treated with bored stares, long sighs and slow blinks... I was actually liking lease accounting for the first time in eight years."

Anna K. — Publicly Traded Insurance Company

Talk to One of Our Expert Lease Accountants Today