Arrenda is a web application for lease accounting under IFRS 16 and ASC 842 Finance Leases. It reads lease PDFs in any language and extracts fields such as commencement date, term, rent, IBR, and incentives. The service then creates amortisation schedules showing interest, principal, and right-of-use depreciation, including stepped rent increases. Schedules can use payments in advance or arrears, monthly, quarterly, or annual periods, and zero IBR. Users can export five-tab Excel workbooks or formatted Word reports. General-ledger mapping works with SAP, Oracle, and Abacus, and all plans include multi-currency support. Arrenda is based in Geneva, Switzerland. New accounts get a seven-day trial without a credit card, while paid plans start at $79/mo. The stated coverage excludes ASC 842 Operating Leases for now, with support described as coming soon. New users can also receive a free 30-minute onboarding session.
Who it is for
Arrenda suits accounting teams handling IFRS 16 or ASC 842 Finance Leases through a browser. It is also relevant to organizations needing PDF extraction, schedule exports, multi-currency support, or accounting-system code mapping.
What is good
- Extracts lease fields from PDFs in any language
- Creates schedules with interest, principal, and ROU depreciation
- Exports five-tab Excel and formatted Word reports
- Supports SAP, Oracle, and Abacus GL mapping
- Seven-day trial without a credit card
What to know first
- ASC 842 Operating Lease support is coming soon
- No free plan
- Starter plan supports up to five leases
- Paid plans start at $79/mo
Verdict
Arrenda combines lease-field extraction, configurable schedules, exports, and accounting code mapping in a web app. Its stated standards coverage is limited to IFRS 16 and ASC 842 Finance Leases, and pricing starts at $79/mo after the trial.
Arrenda plans and pricing
All plansCompared on lease accounting software
- Free plan
- No
- Paid from
- $79/mo
- Standards supported
- both
- Lease limit
- 5 leases
- Journal entries
- Yes
