LeaseAccounting.app From €149/mo · Free plan 9.0 Visit LeaseLedger
leaseledger.com.au
What it is
LeaseLedger provides lease accounting schedules, journals, reports, and disclosures under AASB 16, IFRS 16, and ASC 842. Its register handles new leases, migrations, modifications, and reassessments, with schedule effects tied to lease events. The platform supports scheduled payment reconciliation and records off-schedule settlements. Reports include financial-system reconciliations, cash maturity analysis, portfolio roll-ups, and disclosure workpaper previews. Migration workbooks provide pre-import validation, row-level error handling, and selectable opening balance bases. Optional AI can draft lease details from text or PDFs, but a person must review suggestions before saving or relying on them. The free plan costs nothing and allows up to 3 leases in one client workspace, with the owner and one teammate, plus 5 AI-assisted drafts. Users can export lease records, schedules, journals, and workbooks and retain ownership of their data, documents, and outputs. Core records and supporting documents are hosted in AWS Sydney; data is encrypted in transit and at rest. AI requests may be processed outside Australia, and the external provider may retain input and output for abuse monitoring for up to 30 days.
Spec sheet
- What it does
- LeaseLedger provides lease schedules, journals, reports and disclosures for AASB 16, IFRS 16 and ASC 842.Read 15 Oct 2026 · leaseledger.com.au
- Purpose
- LeaseLedger provides lease accounting schedules, journals, reports, and disclosures under AASB 16, IFRS 16, and ASC 842.Read 29 Sep 2026 · leaseledger.com.au
- Intended users
- The product describes itself as lease accounting software built for accountants and finance teams.Read 29 Sep 2026 · leaseledger.com.au
- Integrations
- The published pages describe financial-system reconciliation and Excel exports but do not name a third-party accounting connector.Read 15 Oct 2026 · leaseledger.com.au
- Support
- Support is available through an in-app form or email, while Professional lists support from a qualified accountant.Read 15 Oct 2026 · leaseledger.com.au
- Access controls
- Access can be scoped by client, entity and task with server-side checks before changes are made.Read 15 Oct 2026 · leaseledger.com.au
- Access security
- The site describes scoped access controls, optional software-token MFA, secure cookies, and audit history for user activity.Read 29 Sep 2026 · leaseledger.com.au
- AI assistance
- Optional AI can suggest onboarding settings, draft lease data from text or PDFs and prepare lease-change drafts.Read 15 Oct 2026 · leaseledger.com.au
- AI consent
- Client administrators can enable or disable AI assistance while manual workflows continue when it is off.Read 15 Oct 2026 · leaseledger.com.au
- AI data handling
- AI requests send user-selected text or PDF to an external provider, which may process it outside Australia and may retain API input and output for abuse monitoring for up to 30 days.Read 29 Sep 2026 · leaseledger.com.au
- AI review control
- AI output remains a suggestion and must be reviewed by a person before saving or posting.Read 15 Oct 2026 · leaseledger.com.au
- API and SDKs
- The opened product, terms and privacy pages do not describe a public customer API or SDK.Read 15 Oct 2026 · leaseledger.com.au
- Audit history
- The platform records import decisions, cutover decisions and user actions.Read 15 Oct 2026 · leaseledger.com.au
- Authentication
- Users verify email addresses and may enable software-token multi-factor authentication.Read 15 Oct 2026 · leaseledger.com.au
- Consolidation
- Professional includes consolidation and elimination capabilities.Read 15 Oct 2026 · leaseledger.com.au
- Cutover choices
- Migration can retain source balances or use system-calculated opening values.Read 15 Oct 2026 · leaseledger.com.au
- Data location
- The privacy notice identifies AWS Sydney as the hosting location for core workspace records and supporting documents.Read 15 Oct 2026 · leaseledger.com.au
- Data ownership
- Customers retain ownership of lease data, documents and outputs and can export registers, schedules, journals and workbooks.Read 15 Oct 2026 · leaseledger.com.au
- Disclosures
- The product provides previews of lease-disclosure workpapers.Read 15 Oct 2026 · leaseledger.com.au
- Documentation
- The opened public pages provide product, plan, privacy and terms information but no separate developer documentation or changelog.Read 15 Oct 2026 · leaseledger.com.au
- Encryption and backups
- The site states that databases, file storage, logs and backups are encrypted, with audit logging for sign-ins, exports, postings and lease changes.Read 15 Oct 2026 · leaseledger.com.au
- Exports and data
- Users retain ownership of workspace lease data, documents, and outputs, and can export lease records, schedules, journals, and workbooks.Read 29 Sep 2026 · leaseledger.com.au
- Hosting
- Core records and documents are hosted in Amazon Web Services, with regional selection and dedicated single-tenant environments available by arrangement.Read 15 Oct 2026 · leaseledger.com.au
- Hosting and encryption
- Core workspace records and supporting documents are hosted in AWS Sydney, Australia, and the Privacy Notice says data is encrypted in transit and at rest.Read 29 Sep 2026 · leaseledger.com.au
- Impairment
- Professional includes impairment testing workflows for right-of-use assets.Read 15 Oct 2026 · leaseledger.com.au
- Journal packs
- Users can prepare, review and download Excel journal packs with posting controls.Read 15 Oct 2026 · leaseledger.com.au
- Lease accounting
- The lease register supports new leases, migrations, modifications, and reassessments, with schedule impacts tied to lease events.Read 29 Sep 2026 · leaseledger.com.au
- Lease register
- The register handles new leases, migrations, modifications and reassessments.Read 15 Oct 2026 · leaseledger.com.au
- Limit: accounting responsibility
- LeaseLedger states that users and their advisers remain responsible for reviewing calculations and deciding how outputs are used in reporting.Read 15 Oct 2026 · leaseledger.com.au
- Limit: AI data residency
- AI requests may send selected text or PDFs to an external provider outside Australia, whose controls may retain API input and output for abuse monitoring for up to 30 days.Read 15 Oct 2026 · leaseledger.com.au
- Limit: availability
- The terms acknowledge that service interruptions can occur despite reasonable efforts to keep the service available.Read 15 Oct 2026 · leaseledger.com.au
- Limit: free scale
- The Free plan is capped at three leases, one client workspace, two people and five AI-assisted drafts.Read 15 Oct 2026 · leaseledger.com.au
- Limit: paid-price transparency
- Professional pricing and inclusions are agreed with the customer before upgrade rather than published as a fixed amount.Read 15 Oct 2026 · leaseledger.com.au
- Migration
- Workbook imports provide pre-save validation, row-level error handling, tags, classifications, FX and GL mapping.Read 15 Oct 2026 · leaseledger.com.au
- Payment reconciliation
- Users can reconcile scheduled payments and record off-schedule liability settlements.Read 15 Oct 2026 · leaseledger.com.au
- Payments
- The platform supports scheduled payment reconciliation and capture of off-schedule lease settlements.Read 29 Sep 2026 · leaseledger.com.au
- Reporting
- Reporting includes financial-system reconciliation, cash-maturity analysis and portfolio roll-ups.Read 15 Oct 2026 · leaseledger.com.au
- Schedule calculations
- Schedules connect interest, depreciation, foreign exchange, modifications and other adjustments to individual leases.Read 15 Oct 2026 · leaseledger.com.au
- Security and privacy
- The privacy notice states that data is encrypted in transit and at rest, access is controlled and activity is audited.Read 15 Oct 2026 · leaseledger.com.au
- Self-hosting
- The published deployment model is AWS-hosted SaaS; no self-hosted installation is described.Read 15 Oct 2026 · leaseledger.com.au
- Session security
- Sessions use secure cookies and write actions include protection against forged requests.Read 15 Oct 2026 · leaseledger.com.au
- Target users
- The product is positioned for accountants and finance teams.Read 15 Oct 2026 · leaseledger.com.au
Plans and prices
Free Free up to 3 leases · 1 client workspace · workspace owner plus 1 teammate · 5 AI-assisted drafts · no credit card Read 15 Oct 2026 · leaseledger.com.au
Professional Priced on request higher lease limits · additional users · foreign-currency leases · bulk imports and migration workbooks · dedicated single-tenant AWS available by arrangement · expanded AI allowance · consolidation and eliminations · impairment testing · qualified-accountant support Read 15 Oct 2026 · leaseledger.com.au
Strong points and limits
Strong points
- Covers AASB 16, IFRS 16, and ASC 842.
- Migration includes pre-import validation and row-level error handling.
- Lease records, schedules, journals, and workbooks are exportable.
- Users retain ownership of workspace data and outputs.
Limits
- The free plan is limited to 3 leases.
- AI requests may be processed outside Australia.
- An external provider may retain AI inputs and outputs for up to 30 days.
Who it suits
LeaseLedger is built for accountants and finance teams managing lease accounting and disclosures. The free plan is suited to work involving up to 3 leases in one client workspace.
Verdict
LeaseLedger combines lease-event schedules, reporting, migration tools, and exports for accounting teams. The three-lease free-plan limit and the stated handling of AI requests merit attention.
Where Specifiction places it
- Lease Accounting Software#6 of 568.3
