leasequery software

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LeaseQuery is a cloud-based lease accounting solution designed to help organisations comply with lease accounting standards (such as ASC 842, IFRS 16 and GASB 87) by automating lease calculations, journal entries and disclosures.

Overview

Managing lease portfolios—from real estate, equipment, vehicles or contracts—can be complex, particularly under new accounting standards that require right-of-use assets, lease liabilities, disclosures and classifications. LeaseQuery addresses this by providing a dedicated system built to support accounting teams, auditors and finance professionals with compliance, reporting and audit preparedness. Whether the lease count is small or large, LeaseQuery aims to streamline the process, increase accuracy and reduce manual spreadsheet-based risk.

What Is LeaseQuery Software?

LeaseQuery is a lease accounting and management platform that allows organisations to input lease data, automatically calculate amortisation schedules and journal entries, track payments and critical dates, store documents, produce financial-disclosure reports and integrate with finance/ERP systems. It supports multiple standards (ASC 842, IFRS 16, GASB 87/96 etc) and is purpose-built for accounting teams managing leases as assets and liabilities.

Key Features of LeaseQuery

• Automated amortisation schedules and lease liability/right-of-use asset calculations for various lease types.
• Compliance support for multiple standards (ASC 842, IFRS 16, GASB 87/96) with built-in templates and disclosures.
• Centralised lease-repository with document attachments, change-history, audit-trail and role-based permissions.
• Critical-date tracking and alerting (renewals, expirations, modifications) to reduce overlooked items.
• Reporting and analytics dashboards: cost-centre breakdowns, lease-type summaries, portfolio overview.
• Integration with various ERPs and GL systems to push journal entries, maintain controls and ensure finance-system alignment.
• Multi-currency, multi-standard and multi-asset-type support for global organisations.

Who Should Use LeaseQuery?

• Finance, accounting or lease-administration teams in organisations with substantial lease portfolios (real-estate, equipment, vehicles) needing to comply with modern standards.
• Organisations reporting under ASC 842, IFRS 16 or GASB standards that want a dedicated system rather than spreadsheets or generic ERP modules.
• Companies with multi-asset types, multi-jurisdiction leases or complex lease modifications that require controls, audit readiness and automation.
• Businesses seeking to improve transparency over their lease liabilities, right-of-use assets and disclosures for audit or regulatory purposes.

Pricing & Plans

Pros & Cons of LeaseQuery

Final Verdict

If your organisation has a substantial lease portfolio, needs to comply with modern lease accounting standards, and wants a dedicated system to automate and centralise leases, LeaseQuery is a very strong choice. It offers robust features, compliance support, and mature lease-accounting functionality geared to finance teams rather than general users.

However, if your lease count is very small, or you only need basic tracking rather than full accounting compliance, you should evaluate whether the investment and complexity align with your needs—or perhaps consider a lighter-weight solution. Overall, for organisations serious about lease accounting, LeaseQuery delivers major value.

FAQs About LeaseQuery