Compare the Top Lease Accounting Software in Canada as of October 2026

What is Lease Accounting Software in Canada?

Lease accounting software automates the management and reporting of lease agreements in compliance with accounting standards such as ASC 842, IFRS 16, and GASB 87. It helps organizations track lease terms, payment schedules, renewal options, and lease liabilities while generating accurate financial reports. The software often includes features for lease classification, amortization calculations, journal entry automation, and audit trail documentation. By centralizing lease data and ensuring regulatory compliance, it reduces manual effort, minimizes errors, and supports timely financial close processes. Lease accounting software is essential for companies managing multiple leases to maintain transparency and meet accounting obligations. Compare and read user reviews of the best Lease Accounting software in Canada currently available using the table below. This list is updated regularly.

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    Sage Intacct

    Sage Intacct

    Sage Intacct

    Sage Intacct is a premier cloud-based financial management software designed for growing businesses. It offers comprehensive features including core financials, accounts payable and receivable, cash management, and multi-entity consolidations. Sage Intacct's advanced modules cater to complex financial needs, ensuring scalability as your business grows. The software integrates seamlessly with other business applications, providing real-time financial and operational insights. Its user-friendly interface and customizable dashboards empower your team to adapt quickly and make data-driven decisions. Sage Intacct's robust reporting capabilities and automation of key financial processes help improve accuracy, efficiency, and compliance. Trusted by thousands of organizations, Sage Intacct streamlines financial operations, enhances visibility, and drives business growth. With award-winning customer support and continuous innovation, Sage Intacct is your partner.
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  • 2
    Xero

    Xero

    Xero

    Xero’s cloud-based all-in-one accounting software makes managing your rental properties simple and efficient. Keep track of property finances in real time, including rent payments, expenses, and deposits, all in one place. Automate rent collection and streamline payment processes through GoCardless, while also managing tenant records and communication seamlessly. With Xero’s easy-to-use tools and cloud-based platform, you’ll have full control over your lease accounting, making your day-to-day operations easier and more organized.
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    Starting Price: $20/month
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  • 3
    Visual Lease

    Visual Lease

    Visual Lease

    Visual Lease is the leading lease accounting and management software, designed to simplify compliance with ASC 842, IFRS 16 and GASB 87. Built with years of embedded knowledge from leading lease experts and CPAs, Visual Lease's powerful platform supports any size or type of lease portfolio. Visual Lease is dedicated to providing a top-notch customer experience, and offers in-house implementation, training and support.
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    Lease102

    Lease102

    Lease102

    Lease102 is a lease accounting software designed for compliance with FRS 102 Section 20. It automates the accounting process using AI-powered data extraction, calculations, journal entries, and disclosure reports. Built for UK and Ireland businesses, this system utilizes native FRS 102 logic rather than adapting IFRS 16 standards. The platform extracts key data from lease documents using AI technology, reducing manual input errors. Its calculation engine utilizes Bank of England SONIA and ECB €STR rates to determine appropriate discount rates. The system maintains a comprehensive seven-year audit trail that documents all lease modifications and calculations. Additional features include team collaboration tools, lease modification handling, expiration alerts, multi-currency support, and ERP integration options. Lease102 provides enterprise-grade security with AES-256 encryption, TLS 1.3 protocols, and data storage in UK/EU jurisdictions, ensuring GDPR compliance and data protection.
    Starting Price: from £20 per month
  • 5
    MRI ProLease

    MRI ProLease

    MRI Software

    MRI ProLease is a complete end-to-end solution for lease administration and lease accounting. A true SaaS offering to help organizations manage and track real estate and equipment leases, comply with ASC 842 lease accounting requirements and implement effective space management. Trusted by over 800 clients across 40 industries, MRI ProLease offers cloud-based software solutions to manage every aspect of lease management, lease accounting, space management and CAFM requirements. It is the go to solution for compliance with the upcoming ASC 842/IFRS 16 lease accounting standards and offers dual reporting on the same leases. Whether you have real estate or equipment leases, MRI ProLease meets all requirements and is both intuitive and robust. Designed by industry experts, it gives users constant visibility of critical data points and allows them to easily generate the schedules and reports required.
    Starting Price: $4500 per year
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    OneTouch Leasing

    OneTouch Leasing

    OneTouch Leasing UK Ltd

    OneTouch Leasing is a specialist lease accounting platform. Everything we have built is designed to solve one problem: making lease accounting simple, accurate, and auditable. Built by a team with over two decades of combined experience in treasury and financial management software. We have brought this depth to the specific challenges of lease accounting under IFRS 16, and critically for the UK market the amended FRS 102 standard. These standards are our entire focus, and our software reflects that specialisation in every workflow and calculation engine. OneTouch Leasing is designed for finance teams who need flexibility, speed, and clarity. Whether managing property, equipment, or vehicle leases, our platform adapts to your needs and makes lease lifecycle management effortless. OneTouch Leasing delivers seamless connections across your financial ecosystem. From ERPs and GLs to file storage, APIs, and SFTP servers, we automate data flows for speed, accuracy, and compliance.
    Starting Price: £250 per month
  • 7
    AMTdirect

    AMTdirect

    MRI Software

    AMTdirect is the most trusted name in lease administration and accounting and FASB 842 compliance. Designed for portfolios with 50 or more locations, AMTdirect seeks to help address the challenges faced by corporate real estate professionals every day. The software gives users access to a complete inventory of their property, location and lease information, contracts, associated expenses and revenues, and all related documents in one platform. For lessor accounting, achieve ASC 842, IFRS 16 & GASB 87 compliance for lease receivables linked to a head-lease payable, whether the subtenant is a third party company or intercompany. For lease level accounting, you’ll have access to an audit trail for each lease of all balance sheet calculations, each displaying amortization, opening/closing liability, interest, depreciation etc for each period in line with company-specific accounting calendar.
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    LeaseAccelerator

    LeaseAccelerator

    LeaseAccelerator

    LeaseAccelerator, an insightsoftware company is the only enterprise lease lifecycle automation solution that provides centralized, asset-level data to multiple stakeholders, including CFOs, VPs of Real Estate, Treasurers, and Procurement Officers. With LeaseAccelerator’s suite of products, you can optimize the entire global leasing process - from equipment sourcing and real estate lease administration to asset-level accounting for long-term compliance with ASC 842 and IFRS 16 For over two decades, CFOs, Controllers, VPs of Real Estate, Treasurers, and Chief Procurement Officers have chosen LeaseAccelerator to transform leasing and lease management from a compliance project to a strategic initiative that generates cash flow and business insights. With our end-to-end, asset-level, SaaS platform, clients are weathering market shifts, including changes in lease accounting and emissions standards, economic uncertainty, and pressure to consolidate strategic financial systems.
  • 9
    CCH Tagetik

    CCH Tagetik

    Wolters Kluwer

    Companies trust CCH Tagetik Corporate Performance Management software to save time, lower costs and reduce risk. Get a faster close, more forward looking-planning and in-depth analytics by connecting data, processes and people with a single trusted source. CCH Tagetik Finance Transformation Platform, powered by the Analytic Information Hub, is the unified platform that connects finance and operations and streamlines your consolidation & close, planning, reporting & analytics, disclosures and compliance.
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    SKYLINE

    SKYLINE

    SS&C Technologies

    SKYLINE® is a leading provider of technology solutions for the property management industry. We deliver software that is fast, flexible and scalable to support our client’s growth, diverse portfolio’s and organizational structures. Optimize your leasing, accounting, and facilities operations with a complete set of tools, easy to use and built with leading edge technology. No other solution offers this level of functionality to improve process efficiency, maximize property performance, is reliable and cost effective. Mobile - Attract more leads, connect with prospects, and sign digital leases with a finger on a touchscreen. Build stronger tenant relations by providing convenience with mobile services. Desktop - Analyze performance metrics, drill down into the details with custom financial reports. Schedule monthly charges, create critical date alert notifications, process purchase orders, invoices and payment to vendors.
  • 11
    Bloomberg Tax & Accounting Leased Assets
    ASC842 and IFRS16 Compliance: Delivered. Bloomberg Tax & Accounting Leased Assets manages all leased asset types and provides complex calculations for right-of-use assets and lease liabilities. Our SaaS solution provides accurate classification, accounting, and reporting for leased assets under the two new standards – IFRS 16 and ASC 842. Streamline your workflow with integration to and from multiple ERP/GL/AP, leasing systems, or other internal systems. Confidently help your clients comply with ASC 842 and IFRS 16. Increase efficiencies with automated lease accounting processes and ensure accuracy with comprehensive calculations.
  • 12
    Yardi Corporate Lease Manager
    Corporate Lease Manager. Optimize efficiency, improve compliance and reduce risk with a comprehensive lease management solution. Corporate Lease Manager puts lease data and functionality at your fingertips. Deal management workflows, lease management functions and a FASB/IFRS compliant lease accounting system, now in one powerful platform. Lease Accounting. Trusted by over 5,000 major real estate businesses, Yardi brings focus and real estate accounting expertise to the corporate occupier market. Corporate Lease Manager is layered on our best-in-class real estate accounting platform which helps your organization comply with FASB ASC 842/IFRS 16 reporting guidelines, calculate present value and amortization schedules, generate payables and journal entries and process payments all on one single platform. Lease Management. Fresh and simple user interface with powerful features to manage your lease portfolio end-to-end. Manage all your real estate and equipment leases.
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    Rubli

    Rubli

    Rubli

    Rubli is the proven, all-in-one solution that will free up your time, providing everything needed to comply with IFRS 16 and ASC 842 effortlessly. Our lease experts will transition you quickly to our platform. This includes a full recon of your opening balances to ensure no surprises at your next reporting cycle. Incorporate a wide range of lease terms, conditions, and modifications. The flexibility of our tool facilitates fast decision-making and instant results that your business can trust. Our software has been used thousands of times and received a clean audit from all the big audit firms. Detailed reports make it easy for your teams and auditors to reconcile balances and sign off. Multiple users can be created with various permission levels, based on their role within your firm. A full audit trail of all changes is stored. Our team focuses only on lease accounting and we provide you with more than just an accounting tool.
  • 14
    ContractHive

    ContractHive

    ContractHive

    ContractHive is an AI-powered lease accounting platform built for IFRS 16. It abstracts any lease in any format, generates ROU and lease liability schedules, manages critical dates, and consolidates multi-entity portfolios on a single audit-grade source of truth.
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    MRI Software

    MRI Software

    MRI Software

    MRI’s comprehensive and flexible technology platform coupled with an open and connected ecosystem meets the unique needs of real estate businesses—from property-level management and accounting to investment modeling and analytics for the global commercial and residential markets. A pioneer of the real estate software industry, MRI develops lasting client relationships based on nearly five decades of expertise and insight. Through leading solutions and a rich partner ecosystem, MRI liberates real estate companies to elevate their business and gain a competitive edge. ecosystems are MRI Software’s fourth acquisition in the multifamily space in the last 12 months, following CallMaX, ResidentCheck, and Tenmast Software and HAB, Inc. This latest acquisition continues to reinforce MRI’s commitment to the multifamily industry. ecosystems is the premier developer of cloud-based software specifically tailored for the multi-family condo industry.
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