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SPECIFICTION
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Arrenda vs LeaseLedger

Arrenda

arrenda.io

LeaseLedger

leaseledger.com.au

Side by side

FigureArrendaLeaseLedger
Price from$79/moFree
Free plan—Yes
Free trialYes—
Open source——
WebYesYes
Plans published42
Spec score · Lease Accounting Software8.0 (#9)8.3 (#6)
PaymentsThe terms say payments are processed by Stripe and paid plans are billed monthly or annually in advance in USD, excluding applicable taxes.The platform supports scheduled payment reconciliation and capture of off-schedule lease settlements.
PurposeArrenda automates lease accounting for IFRS 16 and ASC 842 Finance Leases.LeaseLedger provides lease accounting schedules, journals, reports, and disclosures under AASB 16, IFRS 16, and ASC 842.
SupportArrenda offers a free 30-minute onboarding session for new users and says it typically responds within one business day.Support is available through an in-app form or email, while Professional lists support from a qualified accountant.

Plans

Arrenda

  • Starter$79 a month
  • Pro$149 a month
  • Business$249 a month
  • Enterprise$399 a month

Arrenda pricing →

LeaseLedger

  • FreeFree
  • ProfessionalPriced on request

LeaseLedger pricing →

In their own words

Arrenda

Arrenda has no write-up on Specifiction yet; its figures are above.

Visit arrenda.io

LeaseLedger

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.

Visit leaseledger.com.au