Purpose: NetLease automates lease accounting tasks, including lease changes, disclosure statements, and audit preparation.
Compliance: The product supports ASC 842, IFRS 16, GASB 87 and 96, and FRS 102.
Calculations: NetLease automates lease calculations, amortization schedules, and right-of-use asset tracking.
Lease changes: The software automates lease modifications, reassessments, and early terminations with recalculations.
Reporting: It provides lease data, reports, and disclosure statements in real time within NetSuite.
NetSuite integration: NetLease is embedded directly in NetSuite and posts journal entries to the General Ledger.
Add-on modules: Percentage Rent automates overage rent calculations and billing, while Multibook posts a secondary book and keeps both books in sync.
Security assurance: Netgain says it provides assurance through annual SOC reports.
Support: Every Netgain customer receives Base Support, with optional Enhanced and Platinum tiers available.
Support response times: The support page lists average email response times of 24–48 hours for Base, four business hours for Enhanced, and two business hours for Platinum.
License limits: Production accounts have a maximum lease count based on their license tier, and exceeding it requires a license upgrade.
Intended users: NetLease is described as purpose-built for NetSuite users who need scalable lease accounting and audit-ready reporting.
Maker background: Netgain says it was founded in 2018 by Adam Riches and Nathan Smart.
Maker location: Netgain lists locations in Englewood, Colorado, Lehi, Utah, and Sydney, Australia.

Where it ranks on Freedom251

Best Lease Accounting Software in 2026#12 of 55

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Sources

netgain.tech/netlease-for-netsuite· checked 4 Oct 2026
netgain.tech/support-services· checked 4 Oct 2026
support.netgain.tech/article/528467/netlease-license-usage-i· checked 4 Oct 2026
netgain.tech/about· checked 4 Oct 2026
netgain.tech/pricing· checked 4 Oct 2026