The only lease accounting software developed by accountants.
Our accounting software works for BOTH Real estate AND Equipment.
Ridiculously straight-forward. We built our platform for ease of use.
Effectively manage and minimize financial risk associated with lease portfolios;
Instantly generate error-free lease journal entries for posting;
Always be prepared for external or internal financial audits and/or reviews;
Segregate lease entry and lease approval duties to ensure accuracy;
Ensure critical dates (lease renewals, journal entry postings, etc.) are never missed;
Organize all lease documentation to ensure full document control;
Build unlimited reports including the commitments disclosure report in seconds;
Instantly transition to new lease accounting rules;
Determine impact of new lease accounting rules on the lease portfolio;
24-7 access to lease documents/information from any location.
Accounting For Leases: New FASB Lease Accounting Rules
LeaseQuery simplifies accounting for leases of real estate and equipment.
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.
Our lease management software gives you the journal entries to make at transition.
Get immediate access to the new reports required under the new lease rules.
Lease Accounting Software Developed by Accountants
Our lease accounting software gives you the straight-line amortization of your operating leases and the lease liability amortization of your capital leases.
Face it. Even accountants have some imagination. The principals at LeaseQuery all worked as external auditors for public accounting firms, and also worked in financial reporting for companies ranging in size from small businesses to fortune 500 companies. Our lease accounting software reflects our expertise.
We have been in your shoes. Our lease accounting software was created by accountants co-operating with programmers and directing what the system absolutely needed to do. Accountants have always been at the core of our team. As a result, LeaseQuery works the way an accountant thinks. We’ve made it effortless. It’s accounting software made by accountants, for accountants.
Easy to use Lease Management Software
Accounting is really simple, but software makers insist on making it complicated. Why? It’s obvious: Complexity sells better. More features mean more efficiency, right? Wrong. The underlying theme behind our lease management software is two-fold: Avoid complexities. Make everything as simple as possible.
We believe that if you can’t explain something to a six-year-old, odds are you don’t understand it yourself. To that end, as part of testing our lease management software, we enlisted the help of 13 and 14-year-olds to enter leases into the LeaseQuery system and see how they did. They navigated it with ease.
Whatever they did not understand was further simplified. Steve Jobs said it best: “Simplicity is the ultimate sophistication.” Anyone can make something complex; it takes real innovation to make something simple.
Comprehensive Lease Administration Software
Shop around for lease administration software, and you will notice very quickly that while they claim to manage all types of assets, they are actually tailored either to Real Estate or Equipment. Often you will need multiple software for lease accounting.
LeaseQuery’s lease administration software handles all types of assets with ease. No need to dig around for multiple solutions.
Having multiple accounting platforms also carries risk: if your lease accounting system does not adequately deal with both equipment and leases, you may find yourself in a compromising position when the new accounting rules take effect.
Customize: Comprehensive Lease Management System
LeaseQuery allows you to tailor the lease management system to fit your company’s needs. You can add custom metrics or attributes to the system that are specific to your company or industry.
You can make rules to ensure that all users entering leases include key metrics for all leases in your portfolio. And you can upload your organizational structure to analyze your pre-determined key metrics amongst your company’s divisions or segments. These metrics can be viewed graphically on the dashboard directly on the lease management system.
Learn more with a free demo of LeaseQuery
LeaseQuery makes it simple, you don’t have to dig through hundreds of reports to find the one you need.
We provide all the necessary disclosures and reports your auditors and the SEC ask for in the exact format they are needed
Need more reports? It’s simple and easy to build any report you want, with any attribute you want.
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.
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.
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.
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1050 Crowne Pointe Parkway
Atlanta GA 30338