Lease Harbor vs LeaseLedger
Lease Harbor
leaseharbor.comLeaseLedger
leaseledger.com.auSide by side
| Figure | Lease Harbor | LeaseLedger |
|---|---|---|
| Price from | — | Free |
| Free plan | — | Yes |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| Plans published | 0 | 2 |
| Spec score · Lease Accounting Software | 7.3 (#24) | 8.3 (#6) |
| Integrations | The company lists integrations with Oracle, SAP, Costpoint, PeopleSoft, Great Plains, Workday, NetSuite, Sage, Microsoft Dynamics, JD Edwards, Lawson, and MRI. | The published pages describe financial-system reconciliation and Excel exports but do not name a third-party accounting connector. |
| Lease accounting | The software generates disclosure reports for ASC 842, IFRS 16, and GASB 87 and supports automated remeasurement and journal entries. | The lease register supports new leases, migrations, modifications, and reassessments, with schedule impacts tied to lease events. |
| Purpose | Lease Harbor provides lease administration and lease accounting software for managing lease portfolios. | LeaseLedger provides lease accounting schedules, journals, reports, and disclosures under AASB 16, IFRS 16, and ASC 842. |
| Reporting | The platform offers standard and custom reports, including compliance, financial statement, and audit support reports. | Reporting includes financial-system reconciliation, cash-maturity analysis and portfolio roll-ups. |
| Support | The company says its support team provides direct help from people who design, develop, and implement the platform. | Support is available through an in-app form or email, while Professional lists support from a qualified accountant. |
Plans
In their own words
Lease Harbor
Lease Harbor provides web-based lease administration and accounting for real estate, equipment, and vehicle portfolios. Its tools track leases and key dates, store documents, send reminders, and support automated remeasurement and compliance reporting. Users can customize data fields and reports. Workflow features include approvals, audit trails, and email notifications; reporting covers compliance, financial statements, and audit support. Integration tools provide imports, exports, scheduled transfers, and web services, with listed connections to systems including Oracle, SAP, Workday, NetSuite, and Microsoft Dynamics. The maker says the software automates compliance with FASB, IFRS, and GASB standards and references a SOC 1 Type II report and Tier III+ data centers. Lease Harbor offers training, technical support, accounting, consulting, and data conversion services. It describes customers ranging from small businesses to enterprises. The software requires no installation. Pricing is on request and varies by features such as lease accounting and administration.
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.