No. 3 of 55 ·Lease Accounting Software

LeaseLedger

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Freedom report

Two barsScore 6.4

Free tierA free tier is on its own pricing page
Open codeNo open-source code on record
Runs widely1 of 6 device platforms
DocumentedPlans, terms and facts published

LeaseLedger is ranked #3 of 55 in lease accounting software on Freedom251. It runs on Web. There is a free plan.

LeaseLedger plans and pricing

All plans

Free Free Up to 3 leases · 1 client workspace · Workspace owner plus 1 teammate · 5 AI-assisted drafts leaseledger.com.au · 29 Sept 2026

Professional Not published Talk to us Higher lease limits tailored to your portfolio · Additional users · Bulk imports and migration workbooks · Consolidation and eliminations · Impairment testing leaseledger.com.au · 29 Sept 2026

Compared on lease accounting software

Free plan: Yes
Standards supported: both
Lease limit: 3 leases
Disclosure reporting: Yes
Journal entries: Yes
Multi-entity support: Yes

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The record

Purpose: LeaseLedger provides lease accounting schedules, journals, reports, and disclosures under AASB 16, IFRS 16, and ASC 842.
Lease accounting: The lease register supports new leases, migrations, modifications, and reassessments, with schedule impacts tied to lease events.
Payments: The platform supports scheduled payment reconciliation and capture of off-schedule lease settlements.
Reporting: Reporting includes financial-system reconciliations, cash maturity analysis, portfolio roll-ups, and disclosure workpaper previews.
Migration: Migration uses workbook templates with pre-import validation, row-level error handling, and selectable opening balance bases.
AI assistance: Optional AI can draft lease details from text or PDFs, and a person must review suggestions before saving or relying on them.
Integrations: The site describes financial-system reconciliation and downloadable Excel journal packs; it does not name a third-party accounting integration.
Access security: The site describes scoped access controls, optional software-token MFA, secure cookies, and audit history for user activity.
Hosting and encryption: Core workspace records and supporting documents are hosted in AWS Sydney, Australia, and the Privacy Notice says data is encrypted in transit and at rest.
AI data handling: AI requests send user-selected text or PDF to an external provider, which may process it outside Australia and may retain API input and output for abuse monitoring for up to 30 days.
Exports and data: Users retain ownership of workspace lease data, documents, and outputs, and can export lease records, schedules, journals, and workbooks.
Support: Support is available through a secure in-app request or by emailing [email protected]; the Professional plan lists support from a qualified accountant.
Intended users: The product describes itself as lease accounting software built for accountants and finance teams.
Price from: Free

Where it ranks on Freedom251

Best Lease Accounting Software in 2026#3 of 55

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Sources

leaseledger.com.au/terms.html· checked 29 Sept 2026
leaseledger.com.au· checked 29 Sept 2026
leaseledger.com.au/privacy.html· checked 29 Sept 2026