SOFT4Lessee is lease accounting software for organizations reporting under IFRS 16, ASC 842, AASB 16, NZ IFRS 16, and FRS 102. It runs on Microsoft Dynamics 365 Business Central, and a Business Central user license is required. Users can import lease agreements, asset details, and payment schedules, then manage records by status. The software calculates lease liabilities and right-of-use assets, including depreciation, impairment, and remeasurement after lease changes. It supports variable lease repricing, lease modifications, non-lease component separation, multi-company management, and parallel IAS 17 accounting. Reports include presentation and disclosure outputs, Excel reports, and general-ledger transaction files. Transactions can move through web services or Excel exports for other systems. The SOFT4Lessee plan costs 120.00 EUR per month per user, billed yearly or monthly, with unlimited lease agreements and a 30-day free trial. An Excel Calculator costs 500.00 EUR as a one-time fee. Implementation averages 2–4 weeks and usually costs 2000 to 6000€. Support is available for 125€/hour.
Who it is for
SOFT4Lessee suits organizations needing lease accounting across supported standards and multiple companies. It is intended for Business Central users who need reporting and general-ledger integration.
What is good
- Supports five listed accounting standards
- Calculates liabilities and right-of-use assets
- Handles multi-company lease records
- Includes disclosure and Excel reporting
- Unlimited agreements on the main plan
What to know first
- Business Central user license required
- Main plan costs 120.00 EUR per month per user
- Implementation usually costs 2000 to 6000€
- Support costs 125€/hour
Verdict
SOFT4Lessee combines standards-based calculations, reporting, and Business Central integration for lease portfolios. Its paid pricing, required license, implementation cost, and support rate should be planned alongside the subscription.
SOFT4Lessee plans and pricing
All plansCompared on lease accounting software
- Free plan
- No
- Standards supported
- both
- Lease types
- both
- Disclosure reporting
- Yes
- Journal entries
- Yes
- Multi-entity support
- Yes
