LeaseLedger vs NetLease
LeaseLedger
leaseledger.com.auNetLease
netgain.techSide by side
| Figure | LeaseLedger | NetLease |
|---|---|---|
| Price from | Free | — |
| Free plan | Yes | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| Plans published | 2 | 1 |
| Spec score · Lease Accounting Software | 8.3 (#6) | 6.9 (#29) |
| Intended users | The product describes itself as lease accounting software built for accountants and finance teams. | NetLease is described as purpose-built for NetSuite users who need scalable lease accounting and audit-ready reporting. |
| Purpose | LeaseLedger provides lease accounting schedules, journals, reports, and disclosures under AASB 16, IFRS 16, and ASC 842. | NetLease automates lease accounting tasks, including lease changes, disclosure statements, and audit preparation. |
| Reporting | Reporting includes financial-system reconciliation, cash-maturity analysis and portfolio roll-ups. | It provides lease data, reports, and disclosure statements in real time within NetSuite. |
| Support | Support is available through an in-app form or email, while Professional lists support from a qualified accountant. | Every Netgain customer receives Base Support, with optional Enhanced and Platinum tiers available. |
Plans
In their own words
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.