Best Lease Accounting Software for Startups

Blue Sky's "Portfolio Manager" Lease Management Software is an easy to learn and use cloud-based solution for centralized tracking and reporting of lease contracts. By managing your lease contracts and associated maintenance contracts throughout the entire lifecycle you can strengthen the audit process, reduce costs, increase cash flows and mitigate risk with centralized visibility that drives enterprise value. Portfolio Manager provides complete status management for running leasing RFP's, tracking status, notes, documents and next steps for every open project. Bulk data imports allow for efficient data entry. Fully customizable with robust reporting capabilities. The custom report writer allows every data field to be exported to excel. Pre-built templates are available to feed most ASC842 lease accounting software templates. End of lease term management is automated with custom parameters and automatic notifications to ensure you never miss an end of lease term notification.

LeaseAccounting.app is the self-serve IFRS 16 and FRS 102 lease accounting platform for finance teams that want audit-ready compliance without spreadsheets, consultants, or six-figure implementations. Built by ZenTreasury Oy in Helsinki (EU data hosting), it generates lease schedules, journal entries, modifications, remeasurements, and one-click audit evidence packs from any lease contract. AI-assisted contract extraction reads PDFs and proposes lease terms with confidence scoring; you approve, and the deterministic engine handles the math. Same inputs, same outputs, every time. Includes a Discount Rate Advisor that pulls reference rates from central bank sources, plus continuous compliance monitoring for indexations and reassessments. Journal export to SAP, Oracle, Dynamics, and NetSuite. Free tier covers 2 leases, no card required; paid plans from €149 per month with no per-seat pricing.

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.

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.

Innago is a free and easy-to-use property management solution. Whether you have 1 unit or 1000, student housing, or commercial properties, Innago is built for you. Our software is designed to save you time and money, so you can spend more time doing the things that matter most. Our mission is to make renting simple, accessible, & affordable for landlords of any size. Too many alternatives are expensive & overwhelming, turning a "solution" into a problem. Innago allows you to easily: collect rent, screen tenants, list properties, manage work orders, create applications, sign leases, organize financials, communicate with tenants, & much more!

Trullion is an AI accounting oversight platform that automates data management, streamlines audits, and ensures accurate reporting across accounting workflows. Teams in areas like lease accounting, revenue recognition, and auditing can access the platform using a tailored UI while maintaining 100% confidence that their data is accurate and uniform across all roles and stakeholders. Controllers and their teams automate the majority of tedious manual work. Trullion reads Excel or PDF-based contracts and converts them into financial workflows that are connected to the data source. AI automatically detects and extracts important data from these agreements, and creates auditable journal entries compliant with ASC 842, IFRS 16, ASC 840, and IFRS 15. With Trullion, accounting teams and auditors work faster with confidence, finance executives trust the results, and everyone operates from a single source of truth.