Freedom251 › Lease Accounting Software
REAL Lease Accounting
What REAL Lease Accounting is
REAL Lease Accounting manages lease accounting from governing leases and amendments through calculations, schedules, journal entries, and disclosures. It supports ASC 842 and IFRS 16 workflows. REAL says AI reads lease documents while deterministic accounting logic performs the calculations. When a lease changes, the system prepares remeasurements and adjustments and links them to the relevant governing clause. Journal entries, maturity analysis, weighted-average term, weighted-average discount rate, and disclosures draw from the same lease record. The wider suite also covers CAM and OpEx audit, lease AP automation, CPI escalations, percentage rent, and property tax workflows. REAL maintains the lease calculations and sends approved accounting output to the customer’s ERP, which remains the general ledger. Listed integrations include Yardi, MRI, IBM TRIRIGA, Lucernex, SAP, Oracle, Workday, Microsoft Dynamics, SharePoint, OneDrive, and ServiceNow. REAL serves large multi-location enterprises with complex portfolios from a few hundred to several thousand locations. Pricing is custom, based on location count and solutions deployed; the platform is web-based.
Who it suits
REAL is intended for large, multi-location enterprises with complex real estate portfolios and lease accounting workflows under ASC 842, IFRS 16, or both.
What it does well
- Supports ASC 842 and IFRS 16 workflows
- Lease changes trace to governing clauses
- Journal entries and disclosures use the same lease record
- Includes related property and lease workflows
What to know first
- Pricing is custom and available on request
- Designed for large multi-location enterprises
Plans
| Plan | Billed and limits | Price |
|---|---|---|
| Custom enterprise pricing | Priced by number of locations and REAL solutions deployed · Request a walkthrough for pricing | On request |
As real.dev lists them, read 5 Oct 2026. The maker's own page has the final word.
Getting started
- Visit https://www.real.dev/.
- Request a walkthrough to discuss custom enterprise pricing.
- Work with REAL's team to configure integrations around your workflows.
- Approve access for the configured connections and retain control of reviews and approvals.
- Begin with tailored onboarding; REAL describes initial agents going live in two weeks.
Verdict
REAL combines lease accounting workflows with related property processes and ERP connections. Its intended customer profile and custom pricing make it most relevant to large enterprises evaluating a tailored deployment.
Questions
How is REAL Lease Accounting priced?
Pricing is custom and based on the number of locations and REAL solutions deployed. A walkthrough can be requested for pricing.
Which accounting standards does it support?
It supports ASC 842 and IFRS 16 workflows.
Which platforms and integrations are listed?
REAL is web-based. Listed integrations include Yardi, MRI, IBM TRIRIGA, Lucernex, SAP, Oracle, Workday, Microsoft Dynamics, SharePoint, OneDrive and ServiceNow.
Does the customer’s ERP remain the general ledger?
Yes. REAL maintains lease calculations, and approved accounting output flows to the customer’s ERP, which remains the general ledger.
How does REAL describe its security controls?
REAL describes single-tenant architecture, AES-256 encryption at rest, TLS 1.3 in transit, optional Bring Your Own Key, role-based access and audit trails. It states that tenant data is not used to train shared foundation models.
Facts from REAL Lease Accounting's own pages
- Accounting standards
- The lease accounting solution supports ASC 842 and IFRS 16 workflows. · real.dev, 5 Oct 2026
- AI data use
- REAL states tenant data is never used to train shared foundation models. · real.dev, 5 Oct 2026
- Calculation method
- REAL says AI reads the lease while deterministic accounting logic calculates the books. · real.dev, 5 Oct 2026
- Data security
- REAL describes a single-tenant architecture, AES-256 encryption at rest, TLS 1.3 in transit, and optional Bring Your Own Key. · real.dev, 5 Oct 2026
- Enterprise controls
- REAL describes role-based access, audit trails, human approval paths, and source-grounded responses. · real.dev, 5 Oct 2026
- ERP relationship
- REAL maintains lease calculations and approved accounting output flows to the customer’s ERP, which remains the general ledger. · real.dev, 5 Oct 2026
- Integrations
- REAL lists integrations including Yardi, MRI, IBM TRIRIGA, Lucernex, SAP, Oracle, Workday, Microsoft Dynamics, SharePoint, OneDrive, and ServiceNow. · real.dev, 5 Oct 2026
- Integration setup
- REAL says its team builds and configures connections around the customer’s workflows, while the customer approves access and retains control of reviews and approvals. · real.dev, 5 Oct 2026
- Intended customers
- REAL says it serves large multi-location enterprises with complex portfolios ranging from a few hundred to several thousand locations. · real.dev, 5 Oct 2026
- Journal entries and disclosures
- Journal entries, maturity analysis, weighted-average term, weighted-average discount rate, and disclosures draw from the same lease record. · real.dev, 5 Oct 2026
- Lease changes
- When a lease is modified, REAL prepares remeasurements and adjustments and traces them to the governing clause. · real.dev, 5 Oct 2026
- Purpose
- REAL runs lease accounting workflows from governing leases and amendments through calculations, schedules, journal entries, and disclosures. · real.dev, 5 Oct 2026
- Related workflows
- The lease accounting suite also includes CAM and OpEx audit, lease AP automation, CPI escalations, percentage rent, and property tax workflows. · real.dev, 5 Oct 2026
- Security certifications
- REAL states it holds SOC 2 Type II, ISO/IEC 27001, and ISO/IEC 27017 certifications. · real.dev, 5 Oct 2026
- Support and onboarding
- REAL describes tailored enterprise onboarding, continuous support, and initial agents live in two weeks. · real.dev, 5 Oct 2026
Where REAL Lease Accounting stands on Freedom251
- Lease Accounting Software#30 of 56