LeaseAccounting.app vs LeaseLedger
LeaseAccounting.app
leaseaccounting.appLeaseLedger
leaseledger.com.auSide by side
| Figure | LeaseAccounting.app | LeaseLedger |
|---|---|---|
| Price from | €149/mo | Free |
| Free plan | Yes | Yes |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | — |
| Android | Yes | — |
| Plans published | 4 | 2 |
| Spec score · Lease Accounting Software | 9.0 (#1) | 8.3 (#6) |
| AI data handling | The company says it does not use customer documents or data to train AI models, and document content processed by its AI provider is deleted within 24 hours of session completion. | 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. |
| Integrations | The site lists forthcoming direct templates for SAP S/4HANA, Oracle Cloud, Dynamics 365, NetSuite and QuickBooks. | The published pages describe financial-system reconciliation and Excel exports but do not name a third-party accounting connector. |
| Intended users | The product is presented for UK and Ireland finance teams and describes workflows for controllers, CFOs, accountants and auditors. | The product describes itself as lease accounting software built for accountants and finance teams. |
| Purpose | LeaseAccounting.app provides lease accounting software for FRS 102 and IFRS 16. | LeaseLedger provides lease accounting schedules, journals, reports, and disclosures under AASB 16, IFRS 16, and ASC 842. |
| Support | Starter includes email support typically within 1–2 business days; Growth typically within 1 business day; Pro has priority business-hours support. | Support is available through an in-app form or email, while Professional lists support from a qualified accountant. |
| What it does | LeaseAccounting.app converts lease contracts into accounting schedules, journal-ready entries and disclosure data for FRS 102 and IFRS 16. | LeaseLedger provides lease schedules, journals, reports and disclosures for AASB 16, IFRS 16 and ASC 842. |
Plans
LeaseAccounting.app
- FreeFree
- Starter€149 a month
- Growth€349 a month
- Pro€699 a month
In their own words
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.
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.