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Cradle vs LeaseLedger

Both stand on lease accounting software. Which one you can start free with, which one lets you read the code, and what each costs once you pay.

Cradle

Free trial Web

Cradle combines lease calculations, reporting, data migration and accounting-system export in one web service. A 30-day trial is available, while ongoing plans begin at $99 a month.

Visit Cradle

LeaseLedger

Free plan Web

LeaseLedger is a fit for accounting teams that need lease schedules and disclosures under several listed standards, with migration and export tools. The free plan provides a way to work with up to three leases. Look at Professional if you need higher lease limits, additional users, or its listed consolidation, migration, and impairment features.

Visit LeaseLedger

The facts

CradleLeaseLedger
Free planA free trialYes
Open sourceNot publishedNot published
Runs onWebWeb
Lowest paid planSmall Plan: $99 a monthFree or on request
Plans published32
MakerNot publishedNot published
Websitecradleaccounting.comleaseledger.com.au
On lease accounting software#9 of 56#5 of 56

Cradle: what it does well

  • Supports five listed lease-accounting standards
  • Handles lessee, lessor and sublease accounting
  • Produces disclosure and journal-entry reports
  • Imports data through templates or Excel
  • Offers multi-entity and currency reporting

What to know first

  • No free plan
  • Small Plan limited to 10 agreements
  • Regular Plan costs $199 a month

LeaseLedger: what it does well

  • Supports AASB 16, IFRS 16, and ASC 842.
  • Tracks lease changes and their schedule impacts.
  • Offers migration checks and row-level error handling.
  • Exports lease records, schedules, journals, and workbooks.
  • Users retain ownership of lease data and outputs.

What to know first

  • The free plan is limited to three leases and one client workspace.
  • Professional pricing is available by discussion.
  • AI requests may be processed outside Australia and retained for up to 30 days.

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