LeaseAccounting.app From €149/mo · Free plan 9.0 Visit ROU Asset
rouasset.com
What it is
ROU Asset is a web-based lease accounting tool for ASC 842 lessee accounting under US GAAP. It classifies leases, builds amortization schedules, drafts journal entries and exports files for a general ledger. The product supports finance and operating schedules with cent rounding and invariant checks, plus lifecycle actions such as reassessment, impairment, modification, termination, abandonment and transition. Reports include maturity analysis, lease costs and quantitative disclosures, liability and right-of-use roll-forwards, current and non-current splits, a lease register and cash forecasts. Uploading a signed lease PDF lets Claude extract terms, rent steps, free months, options and initial costs for review. Listed integrations include QuickBooks Online, Xero, NetSuite, Odoo, Sage Intacct and Microsoft Dynamics 365, with CSV and XLSX exports. The free plan costs nothing and supports up to five leases. Pro starts at $99 a month or $999 a year, with unlimited leases and users for one organization and no per-seat or per-lease charges. IFRS 16 is on the roadmap.
Spec sheet
- Purpose
- ROU Asset handles ASC 842 lessee accounting by classifying leases, building amortization schedules, drafting journal entries, and exporting files for a general ledger.Read 5 Oct 2026 · rouasset.com
- Access and audit trail
- Organizations have server-enforced admin, accountant, and viewer roles; the maker says every change is logged and posted data cannot be quietly edited.Read 5 Oct 2026 · rouasset.com
- Accounting standard
- The product covers ASC 842 lessee accounting under US GAAP; IFRS 16 is described as being on the roadmap.Read 5 Oct 2026 · rouasset.com
- AI extraction
- Uploading a signed lease PDF lets Claude extract terms, rent steps, free months, options, and initial costs to prefill the lease form for review.Read 5 Oct 2026 · rouasset.com
- Alerts
- Renewal and termination notice deadlines, expirations, and upcoming payments appear on the dashboard and in a daily email digest.Read 5 Oct 2026 · rouasset.com
- Cancellation
- Pro can be canceled from the Stripe billing portal under Settings → Billing, with access continuing through the paid period.Read 5 Oct 2026 · rouasset.com
- Classification and schedules
- The product provides five-test ASC 842 classification and finance and operating schedules with cent rounding and invariant checks.Read 5 Oct 2026 · rouasset.com
- Custom exports
- Pro includes a custom export template builder with reorderable columns, a field catalog, constants, template strings, amount modes, and batch preview.Read 5 Oct 2026 · rouasset.com
- Free tier limit
- The free plan supports up to five leases, and the maker says users can upgrade when they need more.Read 5 Oct 2026 · rouasset.com
- Integrations and exports
- The site lists QuickBooks Online, Xero, NetSuite, Odoo, Sage Intacct, and Microsoft Dynamics 365, plus generic CSV and XLSX exports.Read 5 Oct 2026 · rouasset.com
- Lifecycle events
- Users can modify, reassess, impair, partially or fully terminate, abandon, or transition an existing lease, with before-and-after values shown before committing.Read 5 Oct 2026 · rouasset.com
- Reports
- Reports include maturity analysis, lease-cost and quantitative disclosures, liability and ROU roll-forwards, current/non-current split, lease register, and cash forecast.Read 5 Oct 2026 · rouasset.com
Plans and prices
Free Free $0 forever Up to 5 leases · No credit card required · ASC 842 engine, AI extraction, CSV/XLSX export, six reports, dashboard, alerts, audit trail Read 5 Oct 2026 · rouasset.com
Pro Monthly $99 a month $99 billed monthly Unlimited leases and users · One organization · Cancel anytime · No per-seat or per-lease charges Read 5 Oct 2026 · rouasset.com
Pro Annual $999 a year $999/year Unlimited leases and users · One organization · No per-seat or per-lease charges Read 5 Oct 2026 · rouasset.com
Strong points and limits
Strong points
- ASC 842 lessee accounting
- AI extraction from signed lease PDFs
- Journal entries and disclosure reports
- CSV and XLSX exports
- Unlimited leases on Pro
Limits
- Free plan limited to five leases
- No free trial
- IFRS 16 is on the roadmap
- Paid plans are required beyond five leases
Who it suits
ROU Asset suits organizations accounting for leases under ASC 842 and US GAAP. It is useful for teams needing schedules, journal entries, disclosures, exports and lease-event tracking in a browser.
Verdict
ROU Asset combines ASC 842 calculations, reporting, exports and lease lifecycle controls with a browser-based workflow. The five-lease free limit and Pro pricing clarify when an upgrade is needed.
Where Specifiction places it
- Lease Accounting Software#20 of 567.5
