16Leases vs LeaseAccounting.app
16Leases
16leases.com
LeaseAccounting.app
leaseaccounting.appSide by side
| Figure | 16Leases | LeaseAccounting.app |
|---|---|---|
| Price from | Free | €149/mo |
| Free plan | Yes | Yes |
| Free trial | Yes | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| Windows | Yes | — |
| macOS | Yes | — |
| Linux | Yes | — |
| iOS | Yes | Yes |
| Android | — | Yes |
| Self-hosted | Yes | — |
| Plans published | 3 | 4 |
| Spec score · Lease Accounting Software | 8.3 (#3) | 9.0 (#1) |
| Headquarters | Singapore | Helsinki, Finland |
| Integrations | The opened maker pages describe Excel export but do not name third-party software integrations. | The site lists forthcoming direct templates for SAP S/4HANA, Oracle Cloud, Dynamics 365, NetSuite and QuickBooks. |
| Intended users | The maker describes the product for chartered accountants, certified public accountants, finance managers, accountants, businesses, and accounting firms serving clients. | The product is presented for UK and Ireland finance teams and describes workflows for controllers, CFOs, accountants and auditors. |
| Purpose | 16Leases calculates IFRS 16 lease liabilities and right-of-use asset costs from lease information. | LeaseAccounting.app provides lease accounting software for FRS 102 and IFRS 16. |
| Security | The maker says sign-in uses an emailed token as a second factor and that token delivery uses SHA-1 encryption. | Customer data is hosted in Germany or Finland, with GDPR compliance, mandatory MFA, TLS 1.3 in transit and AES-256 encryption at rest. |
| Support | Technical support is available by phone, email, and remote access from 11 am to 6 pm IST, Monday through Friday. | Starter includes email support typically within 1–2 business days; Growth typically within 1 business day; Pro has priority business-hours support. |
Plans
LeaseAccounting.app
- FreeFree
- Starter€149 a month
- Growth€349 a month
- Pro€699 a month
In their own words
16Leases
16Leases calculates IFRS 16 lease liabilities and right-of-use asset costs from lease information. After users enter lease details and adjustments, the software automatically computes results and provides payment schedules. Supported adjustments include lease incentives, purchase options, termination penalties, residual value guarantees, initial direct costs, and dismantling or restoration costs. Premium and Enterprise users can manually customize schedules. Users can export leases to Excel, share a lease by email with another 16Leases account, and manage leases across multiple companies. The software supports journal entries and runs on iOS, Linux, macOS, self-hosted environments, the web, and Windows. Its maker describes it for chartered and certified accountants, finance managers, accountants, businesses, and accounting firms serving clients. The Free plan is free for one user, and the 30-day trial does not allow lease document attachments. Premium is for one user; Enterprise supports unlimited users. Prices for both are available on request. The maker says sign-in uses an emailed token as a second factor and that user data is backed up on Microsoft Azure.
LeaseAccounting.app
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.