LeaseQuery

What LeaseQuery is

LeaseQuery is a cloud-based lease accounting subledger for accounting for leased assets. It supports ASC 842, IFRS 16, FRS 102, GASB 87, GASB 96, and SFFAS 54, and produces journal entries, amortization schedules, and required quantitative disclosures. For complex accounting, it includes multi-currency translation and remeasurement, dual-standard reporting, impairments, and variable payments. Its reporting library contains more than 100 standard reports, including roll-forward, historical, budgeting, forecasting, and accounts payable reports. Controls include role-based access, audit trails and lease change history, entry validation, duplicate-entry prevention, and journal-entry locking. AI predicts lease data fields from documents, with customer end users verifying those predictions. Listed out-of-the-box integrations include Acumatica, Workday, Microsoft, Infor, Oracle, SAP, QuickBooks, and Sage; integration options include automated journal-entry transfer to an ERP or configured files for download and upload. The web product is designed for organizations managing anything from one contract to thousands, and for CPA firms handling client portfolios. LeaseQuery Essential is $3,900 a year for 25 or fewer leases. The LeaseQuery plan has unlimited leases, with pricing based on record count and features. The page directs prospective customers to request a demo.

Who it suits

LeaseQuery suits organizations that need lease accounting outputs and controls across supported accounting standards, from a single contract to thousands. CPA firms managing client portfolios are also among its intended users.

Limits

LeaseQuery Essential costs $3,900 a year and covers 25 or fewer leases. The unlimited-lease LeaseQuery plan requires a pricing request, with packages based on record count and features.

Getting started

1. Visit https://finquery.com/lease-accounting-software/.
2. Request a LeaseQuery demo.
3. Choose Essential for 25 or fewer leases, or request pricing for the unlimited-lease plan.
4. Select an integration approach, such as automated ERP journal-entry transfer or configured files.
5. Use LeaseQuery on the web.

Verdict

Choose LeaseQuery if you need lease accounting for supported standards, detailed reports, and controlled journal-entry workflows, including integrations with accounting systems. Essential is priced at $3,900 a year for up to 25 leases. Organizations needing unlimited leases must request pricing for the LeaseQuery plan, whose packages depend on record count and features.