{"id":8466,"date":"2023-07-12T17:37:02","date_gmt":"2023-07-12T21:37:02","guid":{"rendered":"https:\/\/visuallease.com\/?page_id=8466"},"modified":"2025-09-30T11:13:10","modified_gmt":"2025-09-30T15:13:10","slug":"lease-accounting-software","status":"publish","type":"page","link":"https:\/\/visuallease.com\/solutions\/lease-accounting-software\/","title":{"rendered":"Lease Accounting"},"content":{"rendered":"[vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” class=”breadcrumbsSection” overlay_strength=”0.3″ shape_divider_position=”bottom” shape_type=””][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1\/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][vc_raw_html]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[\/vc_raw_html][\/vc_column][\/vc_row][vc_row type=”full_width_background” full_screen_row_position=”middle” bg_image=”8467″ bg_position=”center bottom” bg_repeat=”no-repeat” scene_position=”center” text_color=”light” text_align=”center” top_padding=”5%” bottom_padding=”5%” overlay_strength=”0.3″ shape_divider_position=”bottom” shape_type=””][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1\/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][vc_custom_heading text=”Lease Accounting Software” font_container=”tag:h1|text_align:center|color:%23ffffff” google_fonts=”font_family:Open%20Sans%3A300%2C300italic%2Cregular%2Citalic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic|font_style:700%20bold%20regular%3A700%3Anormal”]
<\/div><\/div>[vc_custom_heading text=”Transform your financial reporting and simplify GAAP compliance with Visual Lease.” font_container=”tag:p|text_align:center” google_fonts=”font_family:Open%20Sans%3A300%2C300italic%2Cregular%2Citalic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic|font_style:300%20light%20regular%3A300%3Anormal”][\/vc_column][\/vc_row][vc_row type=”full_width_background” full_screen_row_position=”middle” equal_height=”yes” content_placement=”middle” scene_position=”center” text_color=”dark” text_align=”left” top_padding=”30″ bottom_padding=”30″ translate_y=”-15%” zindex=”99999″ class=”translatey center” overlay_strength=”0.3″ shape_divider_position=”bottom” shape_type=””][vc_column column_padding=”padding-6-percent” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” top_margin=”20″ bottom_margin=”30″ el_class=”translatey mainCTAArea” width=”1\/2″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”]
<\/div><\/div>[vc_custom_heading text=”Experience the reliability of a modern, enterprise lease accounting software.” font_container=”tag:h2|font_size:30|text_align:left|color:%23002e42″ google_fonts=”font_family:Open%20Sans%3A300%2C300italic%2Cregular%2Citalic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic|font_style:800%20bold%20regular%3A800%3Anormal” el_class=”txt_banner”][vc_column_text]Effortlessly <\/span>tackle the complexities of lease accounting<\/span>, <\/span>ensuring accurate recording, reporting, and compliance with ASC 842<\/a>, IFRS 16<\/a>, and GASB 87<\/a><\/span>\/96<\/a><\/span>, eliminating the risk of non-compliance penalties<\/span>. <\/span>Gain<\/span> peace of mind with <\/span>precise <\/span>financial statements and disclosures<\/span> that reflect each lease<\/span> accurately<\/span> on the balance sheet, income statement, and cash flow statement.<\/span>[\/vc_column_text]
<\/div><\/div>[nectar_btn size=”small” open_new_tab=”true” button_style=”regular” button_color_2=”Accent-Color” icon_family=”none” url=”https:\/\/visuallease.com\/lease-accounting-demo-video\/” text=”See it in Action”]
<\/div><\/div>[\/vc_column][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” el_class=”translatey” width=”1\/2″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”]
\"Lease<\/div><\/div>[\/vc_column][\/vc_row][vc_row type=”full_width_background” full_screen_row_position=”middle” bg_color=”#ceeafd” scene_position=”center” text_color=”dark” text_align=”left” top_padding=”2%” bottom_padding=”2%” translate_y=”-180″ class=”translatey greenhouseArea mainCTAArea1 flexRow” overlay_strength=”0.3″ shape_divider_position=”bottom” shape_type=””][vc_column centered_text=”true” column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1\/6″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”]
\"\"<\/div><\/div>[\/vc_column][vc_column centered_text=”true” column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”5\/6″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”][vc_custom_heading text=”Maximize efficiency and stay ahead of the curve with our powerful, future-ready solution. ” font_container=”tag:h2|font_size:40|text_align:left” google_fonts=”font_family:Open%20Sans%3A300%2C300italic%2Cregular%2Citalic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic|font_style:700%20bold%20regular%3A700%3Anormal” el_class=”sixWidth extraSize mobileCenter”][\/vc_column][\/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” translate_y=”-200″ class=”translatey noBottomMargin smallerDividerMobile” overlay_strength=”0.3″ shape_divider_position=”bottom” shape_type=””][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1\/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”]
<\/div><\/div>[vc_row_inner equal_height=”yes” content_placement=”top” column_margin=”default” text_align=”left” class=”reverse__responsive__opt”][vc_column_inner column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” el_class=”mobileAddPad” width=”5\/12″ column_border_width=”none” column_border_style=”solid”]
<\/div><\/div>
\"check_mark\" <\/div>
\n

Don\u2019t just run the numbers. Rule them.<\/h3>\n

Take control of your data and disclosures with lease accounting software to simplify month-end close with robust reports. Leverage our library of templates, including one-click roll-forward reports, or configure fields on the fly with our ad-hoc reporting engine. <\/div>

<\/div><\/div>
<\/div><\/div>
\"check_mark\" <\/div>
\n

Be audit-ready all year long<\/h3>\n

Maintain compliance with simple calculations to handle even the most complex scenarios throughout the lease lifecycle, including modification, impairment, termination, and abandonment. Monitor all changes with a comprehensive audit trail and mitigate risk with integrated approval workflows and access authorizations. <\/div>

<\/div><\/div>
<\/div><\/div>
\"check_mark\" <\/div>
\n

Take control of your lease portfolio and find insights in plain sight<\/h3>\n

Seamlessly integrate with your existing technology ecosystem through robust APIs, enabling real-time synchronization with leading ERP systems, automated journal entries, and bi-directional data flow with advanced BI tools. Leverage customizable dashboards, predictive analytics, and sustainability insights to inform critical business decisions, optimize operations, and support ESG initiatives across your global organization. <\/div>

<\/div><\/div>
<\/div><\/div>
\"check_mark\" <\/div>
\n

The controls you need to work as one, and get big things done<\/h3>\n

Centralize your leases with our world-class lease accounting software solution, equipped with purpose-built internal controls to ensure all lease-related activities are properly monitored and managed. Support strategic planning with reliable data that can be used for forecasting and budgeting, ultimately enabling your organization to make informed decisions about its lease portfolio. <\/div>

<\/div><\/div>
<\/div><\/div>[\/vc_column_inner][vc_column_inner column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” el_class=”mobileDisappear” width=”7\/12″ column_border_width=”none” column_border_style=”solid”]
\"Lease<\/div><\/div>[\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row type=”full_width_background” full_screen_row_position=”middle” equal_height=”yes” content_placement=”middle” bg_color=”#ceeafd” scene_position=”center” text_color=”dark” text_align=”left” top_padding=”3%” bottom_padding=”5%” translate_y=”-200″ class=”translatey twoColNew” overlay_strength=”0.3″ shape_divider_position=”bottom” shape_type=””][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1\/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”]
\"Lease<\/div><\/div>
<\/div><\/div>[vc_custom_heading text=”Gain confidence in your lease data with these key features.” font_container=”tag:h2|text_align:center” google_fonts=”font_family:Open%20Sans%3A300%2C300italic%2Cregular%2Citalic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic|font_style:800%20bold%20regular%3A800%3Anormal”]
<\/div><\/div>[vc_row_inner equal_height=”yes” content_placement=”middle” column_margin=”default” text_align=”left”][vc_column_inner column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1\/2″ column_border_width=”none” column_border_style=”solid”]
\"check_mark\" <\/div>
\n

Automated lease data entry and management<\/h3>\n

Save time and reduce errors with automated data entry, ensuring accurate and up-to-date lease information. <\/div>

<\/div><\/div>[\/vc_column_inner][vc_column_inner column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1\/2″ column_border_width=”none” column_border_style=”solid”]
\"check_mark\" <\/div>
\n

Lease classification and amortization schedules<\/h3>\n

Streamline financial reporting and forecasting with accurate lease classification and amortization schedules. <\/div>

<\/div><\/div>[\/vc_column_inner][\/vc_row_inner]
<\/div><\/div>[vc_row_inner equal_height=”yes” content_placement=”middle” column_margin=”default” text_align=”left”][vc_column_inner column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1\/2″ column_border_width=”none” column_border_style=”solid”]
\"check_mark\" <\/div>
\n

Comprehensive financial reporting and disclosures<\/h3>\n

Produce detailed, compliant financial reports, enhancing transparency and strategic decision-making. <\/div>

<\/div><\/div>
<\/div><\/div>
\"check_mark\" <\/div>
\n

Integrated with ERP and business intelligence solutions<\/h3>\n

Ensure data consistency and streamlined workflows with seamless integration into your financial toolset. <\/div>

<\/div><\/div>
<\/div><\/div>
\"check_mark\" <\/div>
\n

Roll-forward reporting<\/h3>\n

Get validation and visibility into all lease liabilities on the balance sheet over a specified period. View all lease activity with one click, \u00a0and separate finance and operating leases for ASC 842 journal entry compliance, automatically. <\/div>

<\/div><\/div>[\/vc_column_inner][vc_column_inner column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1\/2″ column_border_width=”none” column_border_style=”solid”]
\"check_mark\" <\/div>
\n

Advanced analytics and reporting tools<\/h3>\n

Support strategic planning and performance optimization with powerful analytics and customizable reports. <\/div>

<\/div><\/div>
<\/div><\/div>
\"check_mark\" <\/div>
\n

Audit trail and documentation<\/h3>\n

Simplify audits and enhance accountability with a clear, traceable audit trail. <\/div>

<\/div><\/div>
<\/div><\/div>
\"check_mark\" <\/div>
\n

Lease configuration<\/h3>\n

Navigate complex arrangements involving lease modi\ufb01cations, subleases, sale-leaseback transactions, lease incentives, and related-party leases. <\/div>

<\/div><\/div>[\/vc_column_inner][\/vc_row_inner][vc_row_inner column_margin=”default” text_align=”left” class=”singleRow”][vc_column_inner column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1\/6″ column_border_width=”none” column_border_style=”solid”][\/vc_column_inner][vc_column_inner column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” el_class=”smallerMiddleCol” width=”2\/3″ column_border_width=”none” column_border_style=”solid”]
<\/div><\/div>
\"check_mark\" <\/div>
\n

Accounting and administration, streamlined<\/h3>\n

Centralize your lease financials into a single sub-ledger across all asset types and lease scenarios, including master leases, embedded leases, and subleases. <\/div>

<\/div><\/div>[\/vc_column_inner][vc_column_inner column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1\/6″ column_border_width=”none” column_border_style=”solid”][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” translate_y=”-200″ class=”translatey screenshotArea” overlay_strength=”0.3″ shape_divider_position=”bottom” shape_type=””][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1\/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”]
<\/div><\/div>
\"Lease<\/div><\/div>[\/vc_column][\/vc_row][vc_row type=”full_width_background” full_screen_row_position=”middle” bg_color=”#ceeafd” scene_position=”center” text_color=”dark” text_align=”left” translate_y=”-500″ class=”translatey quoteArea” overlay_strength=”0.3″ shape_divider_position=”bottom” shape_type=””][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” width=”1\/1″ tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid”]
<\/div><\/div>[vc_custom_heading text=”Understanding Lease Accounting Software” font_container=”tag:h2|font_size:40|text_align:center|color:%230065a3″ google_fonts=”font_family:Open%20Sans%3A300%2C300italic%2Cregular%2Citalic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic|font_style:700%20bold%20regular%3A700%3Anormal” el_class=”smallerMobileText”]
<\/div><\/div>

<\/i>Why use lease accounting software?<\/a><\/h3>
[vc_column_text]Specialized software offers several advantages for organizations navigating ASC 842 and IFRS 16 compliance:<\/span><\/p>\n