LeaseAccounting.app
leaseaccounting.app
What it is
LeaseAccounting.app is web-based lease accounting software for finance teams handling FRS 102 and IFRS 16. Users upload lease contracts, review extracted terms, confirm discount rates, generate schedules and journal entries, and prepare period close. AI extracts about 25 fields from lease PDFs with confidence scoring, while users approve accounting decisions. A portfolio dashboard covers real estate, vehicles, equipment, IT, machinery and furniture, with critical-date alerts. The product handles modifications, reassessments, indexation and terminations, preserving schedules before and after changes in an audit trail. It supports single-currency tenants; ASC 842 is listed as coming soon. Schedules and journals export to Excel and CSV, while direct ERP templates are also listed as coming soon. Customer data is hosted in Germany or Finland, with GDPR compliance, mandatory MFA, TLS 1.3 in transit and AES-256 encryption at rest. The free plan covers two leases, while Starter costs €149.00 per month and covers 25 active leases. Growth is €349.00 per month and Pro is €699.00 per month. The company was founded in 2016 and is based in Helsinki, Finland.
Spec sheet
- What it does
- LeaseAccounting.app converts lease contracts into accounting schedules, journal-ready entries and disclosure data for FRS 102 and IFRS 16.Read 15 Oct 2026 · leaseaccounting.app
- Purpose
- LeaseAccounting.app provides lease accounting software for FRS 102 and IFRS 16.Read 29 Sep 2026 · leaseaccounting.app
- Intended users
- The product is presented for UK and Ireland finance teams and describes workflows for controllers, CFOs, accountants and auditors.Read 29 Sep 2026 · leaseaccounting.app
- Integrations
- The site lists forthcoming direct templates for SAP S/4HANA, Oracle Cloud, Dynamics 365, NetSuite and QuickBooks.Read 15 Oct 2026 · leaseaccounting.app
- Security
- Customer data is hosted in Germany or Finland, with GDPR compliance, mandatory MFA, TLS 1.3 in transit and AES-256 encryption at rest.Read 29 Sep 2026 · leaseaccounting.app
- Support
- Starter includes email support typically within 1–2 business days; Growth typically within 1 business day; Pro has priority business-hours support.Read 29 Sep 2026 · leaseaccounting.app
- Headquarters
- Helsinki, FinlandRead 28 Sep 2026 · leaseaccounting.app
- Founded
- 2016Read 28 Sep 2026 · leaseaccounting.app
- AI data handling
- The company says it does not use customer documents or data to train AI models, and document content processed by its AI provider is deleted within 24 hours of session completion.Read 29 Sep 2026 · leaseaccounting.app
- AI data retention
- The DPA says raw document content is deleted within 24 hours after processing, while de-identified extraction corrections may remain for up to 36 months.Read 15 Oct 2026 · leaseaccounting.app
- AI extraction
- Its AI reads about 25 fields from uploaded lease PDFs and supplies confidence scores for human review.Read 15 Oct 2026 · leaseaccounting.app
- API status
- API access is listed as coming soon on the Pro tier rather than as a currently documented interface.Read 15 Oct 2026 · leaseaccounting.app
- Company founding
- ZenTreasury says it was founded in Helsinki in 2016 by Lars Nevalainen and remains founder-owned.Read 15 Oct 2026 · zentreasury.com
- Company headquarters
- ZenTreasury Oy is headquartered at Itämerenkatu 3, Helsinki, Finland, and also has a Dubai DIFC office.Read 15 Oct 2026 · zentreasury.com
- Company legal entity
- ZenTreasury Oy, business ID 2762104-2, is the controller and operator named for LeaseAccounting.app.Read 15 Oct 2026 · leaseaccounting.app
- Company size
- LinkedIn lists ZenTreasury as a privately held company with 2–10 employees and Helsinki headquarters.Read 15 Oct 2026 · linkedin.com
- Deployment model
- The terms describe the service as software delivered as a service, with customer devices and internet connectivity remaining the customer’s responsibility.Read 15 Oct 2026 · leaseaccounting.app
- Discount-rate workflow
- The product guides users to document discount-rate assumptions, supporting evidence and approval history.Read 15 Oct 2026 · leaseaccounting.app
- Documentation and support
- The independent SourceForge listing says training includes documentation, live online sessions, webinars and in-person delivery, with phone and online support.Read 15 Oct 2026 · sourceforge.net
- Exports
- Schedules and journal entries can be exported to Excel and CSV; free-tier files are watermarked and paid-tier files are clean.Read 15 Oct 2026 · leaseaccounting.app
- Exports and ERP
- Schedules and journals export to Excel and CSV; direct templates for SAP S/4HANA, Oracle Cloud, Dynamics 365, NetSuite and QuickBooks are coming soon.Read 29 Sep 2026 · leaseaccounting.app
- Funding
- A LinkedIn announcement dated 10 August 2017 reports undisclosed seed funding from angel investors Hanna Kahanpää and Ville Ojanen.Read 15 Oct 2026 · linkedin.com
- Independent directory feature data
- SourceForge lists amortization schedules, asset management, capitalization reporting, critical-date alerts, expense tracking, equipment and real-estate leases, payment tracking and portfolio management as supported features.Read 15 Oct 2026 · sourceforge.net
- Lease changes
- Modifications, indexations, reassessments, renewals and terminations are recalculated while preserving pre-change and post-change schedules.Read 15 Oct 2026 · leaseaccounting.app
- Lease events
- The product handles modifications, reassessments, indexation and terminations, preserving pre- and post-modification schedules in the audit trail.Read 29 Sep 2026 · leaseaccounting.app
- Licence
- The terms restrict copying, competing use and automated access except through expressly published APIs, indicating a proprietary hosted product rather than open-source software.Read 15 Oct 2026 · leaseaccounting.app
- Limit: complex processes
- A Reddit participant reported that lease-accounting tools can break down for companies with more complex processes, even when simpler client experiences are favorable.Read 15 Oct 2026 · reddit.com
- Limit: planned functionality
- Independent G2 pricing data marks ASC 842, API access and granular Vault controls as coming soon rather than generally available.Read 15 Oct 2026 · g2.com
- Limit: portfolio caps
- The highest published tier is capped at 250 active leases, 25 users and 20 entities; larger portfolios are directed to ZenTreasury’s enterprise platform.Read 15 Oct 2026 · leaseaccounting.app
- Limits
- The Pro plan supports up to 250 active leases, 25 users and 20 entities; the site directs larger portfolios to ZenTreasury.Read 29 Sep 2026 · leaseaccounting.app
- Multi-client accounting practice
- Accountants can isolate each client portfolio’s data, users, permissions and reporting under one practice login.Read 15 Oct 2026 · leaseaccounting.app
- Onboarding
- Pro includes a one-on-one onboarding session, and larger portfolios are handled through guided onboarding.Read 29 Sep 2026 · leaseaccounting.app
- Period close
- A period-close workflow recomputes and reconciles balances, flags indexations and expiries, and records approvals.Read 15 Oct 2026 · leaseaccounting.app
- Portfolio
- The portfolio dashboard covers real estate, vehicles, equipment, IT, machinery and furniture, with critical-date alerts.Read 29 Sep 2026 · leaseaccounting.app
- Practice discounts
- Practices receive 20% off per client for 3–9 clients and 30% off for 10 or more; 25-plus clients receive custom pricing.Read 15 Oct 2026 · leaseaccounting.app
- Praise: transparent entry pricing
- A Reddit commenter said the free tier and price were attractive for a basic lease-accounting need, while the builder confirmed two free leases without a card.Read 15 Oct 2026 · reddit.com
- Rating on Capterra
- 0.0 out of 5 from 0 reviewsRead 15 Oct 2026 · capterra.com
- Rating on G2
- 0 out of 5 from 0 reviewsRead 15 Oct 2026 · g2.com
- Rating on SourceForge
- 0.0 out of 5 from 0 reviewsRead 15 Oct 2026 · sourceforge.net
- Reports and disclosures
- The system produces right-of-use asset, lease-liability, interest and depreciation schedules plus FRS 102 Section 20 and IFRS 16 disclosure tables.Read 15 Oct 2026 · leaseaccounting.app
- Security controls
- The security page states EU hosting in Germany or Finland, TLS 1.3 in transit, AES-256 at rest, mandatory MFA and database-level access controls.Read 15 Oct 2026 · leaseaccounting.app
- Standards
- FRS 102 and IFRS 16 are supported for single-currency tenants; ASC 842 is listed as coming soon.Read 29 Sep 2026 · leaseaccounting.app
- Supported standards
- Current coverage is FRS 102 and IFRS 16 for single-currency tenants, while ASC 842 is planned.Read 15 Oct 2026 · leaseaccounting.app
- Workflow
- Users upload lease contracts, review extracted terms, confirm discount rates, generate schedules and journal entries, and prepare period close.Read 29 Sep 2026 · leaseaccounting.app
Plans and prices
Free Free 2 leases · 3 users · 3 entities · FRS 102 and IFRS 16 · AI extraction · core calculations and journals · watermarked exports Read 15 Oct 2026 · leaseaccounting.app
Starter €149 a month €1,788 annually 25 active leases · 5 users · 3 entities · full reports · clean exports · email support Read 15 Oct 2026 · leaseaccounting.app
Growth €349 a month €4,188 annually 100 active leases · 10 users · 10 entities · multi-entity bookkeeping · Vault coming soon · email and chat support Read 15 Oct 2026 · leaseaccounting.app
Pro €699 a month €8,388 annually 250 active leases · 25 users · 20 entities · ASC 842 coming soon · API coming soon · priority support · one-on-one onboarding Read 15 Oct 2026 · leaseaccounting.app
Strong points and limits
Strong points
- Supports FRS 102 and IFRS 16.
- AI extracts about 25 fields with confidence scores.
- Preserves schedules before and after lease changes.
- Exports schedules and journals to Excel and CSV.
- Includes mandatory MFA and encrypted data storage.
Limits
- Free plan covers two leases.
- Free exports are watermarked.
- Supports single-currency tenants.
- ASC 842 and ERP templates are coming soon.
Who it suits
LeaseAccounting.app suits finance teams working with FRS 102 or IFRS 16, including controllers, CFOs, accountants and auditors. Its lease counts, user limits and entity limits make plan capacity relevant for portfolio size.
LeaseAccounting.app in depth
Read the full write-up
LeaseAccounting.app is lease-accounting software for teams reporting under FRS 102 or IFRS 16. It is best suited to UK and Ireland finance teams that need to manage active leases across entities. Its ongoing event history and close workflow are useful strengths, but portfolio caps and single-currency support narrow its fit.
Overview
The workflow takes users from uploading contracts and checking extracted terms to confirming discount rates, generating schedules and journal entries, and preparing period close. AI extracts about 25 fields from lease PDFs and scores its confidence; users approve the accounting decisions. That can reduce data entry while keeping judgment with finance staff.
The portfolio dashboard spans property, vehicles, equipment, IT, machinery and furniture, and alerts teams to critical dates. It also handles modifications, reassessments, indexation and terminations, preserving schedules from before and after each change in the audit trail. That ongoing history is a stronger fit for recurring accounting and audit work than a tool limited to initial calculations.
Key features
FRS 102 and IFRS 16 are supported for single-currency tenants, with disclosure reporting, journal entries and multi-entity support. Teams that need ASC 842 now should choose another product; that standard is coming soon. Excel and CSV exports provide practical handoffs to other finance systems, but direct templates for SAP S/4HANA, Oracle Cloud, Dynamics 365, NetSuite and QuickBooks are also coming soon rather than current connections.
Customer data is hosted in Germany or Finland. Security measures include GDPR compliance, mandatory MFA, TLS 1.3 in transit and AES-256 encryption at rest. The company says customer documents and data are not used to train AI models, and documents processed by its AI provider are deleted within 24 hours of session completion.
Pricing
The free plan costs €0.00 per free and is capped at 2 leases, 3 users and 3 entities; exports carry a watermark. It is a small-scale way to start, but the lease cap is too low for most working portfolios. Starter costs €149.00 per month, billed monthly, or €1,788 annually. It raises capacity to 25 active leases, 5 users and 3 entities, and includes full reports, making it the entry point for a small team that needs usable exports and reporting.
Growth costs €349.00 per month, billed monthly, or €4,188 annually. Its limits rise to 100 active leases, 10 users and 10 entities; Vault is coming soon. This is the more plausible fit for a growing, multi-entity portfolio, though the Vault feature is not yet available. Pro costs €699.00 per month, billed monthly, or €8,388 annually, and supports up to 250 active leases, 25 users and 20 entities; API access is coming soon. It adds priority business-hours support and one-on-one onboarding, useful for a larger finance operation that wants guided setup. Larger portfolios are handled through guided onboarding, and the site directs those beyond Pro's capacity to ZenTreasury.
Starter email support typically replies within 1–2 business days; Growth typically within 1 business day.
Platforms
LeaseAccounting.app runs on the web. Its supported standards are limited to single-currency tenants, so teams requiring multi-currency accounting should confirm fit before committing.
Who it's for
The product is aimed at UK and Ireland finance teams, including controllers, CFOs, accountants and auditors. It is a sensible choice when those roles need shared lease records, event history and journal outputs across a portfolio that fits the selected plan. It is less suitable for organizations requiring ASC 842 today, multi-currency tenants, or more than 250 active leases.
Pros and cons
Pro: Contract extraction, schedule and journal generation, and period close form a connected workflow, reducing handoffs between lease data and accounting outputs.
Pro: Pre- and post-event schedules remain in the audit trail, which helps teams account for changes over a lease's life.
Pro: Excel and CSV exports support finance teams that need to move schedules and journals into existing processes.
Con: The free plan's 2-lease cap and watermarked exports limit its usefulness beyond a small evaluation.
Con: The standards are restricted to FRS 102 and IFRS 16 for single-currency tenants; ASC 842 is not ready.
Con: ERP templates and some higher-tier capabilities, including Vault and API access, are coming soon rather than available now.
Alternatives
Lease Accounting Software is the broader category directory for comparing lease-accounting options.
Consider 16Leases if platform choice matters: it supports web, desktop, mobile, Linux and self-hosted deployments. Its free account is a one-user trial, while Premium has one user and lease editing with customized payment schedules.
iLeasePro is another web-based freemium option, with paid plans starting at $240 a month for up to 50 contracts and $480 a month for up to 150.
Planon is an alternative with web, mobile and API platforms and a free trial.
Infor Public Sector is a paid option across web, mobile, API, Windows and self-hosted platforms, with custom pricing.
LeaseLedger offers a free web plan for up to 3 leases, one client workspace and two people, with 5 AI-assisted drafts; choose it if those small-team limits fit.
Acumatica Accounts Payable uses custom pricing based on applications, usage, resources and deployment preferences, and supports unlimited users.
Cradle may suit a smaller team seeking a lower-priced paid plan: its Small Plan costs $99 a month for up to 10 agreements, unlimited users and no training, and covers IFRS 16, ASC 842 and FRS 102.
IRIS Star Practice Management is a modular paid solution for accounting firms.
Verdict
Choose LeaseAccounting.app if your UK or Ireland finance team needs continuing FRS 102 or IFRS 16 lease accounting, event history and period-close outputs, and its single-currency and plan limits fit. Its strongest case is the route from contract intake through journals with changes preserved for audit. Look elsewhere if you need ASC 842 now, multi-currency support or a portfolio larger than 250 active leases.
Verdict
LeaseAccounting.app covers contract intake through journal entries and period close, with lease-event history and spreadsheet exports. Check plan limits for leases, users and entities; some standards and ERP templates remain listed as coming soon.
Where Specifiction places it
- Lease Accounting Software#1 of 569.0
