Leasequery

What is leasequery

LeaseQuery is a lease accounting platform focused on helping finance and accounting teams meet ASC 842 and IFRS 16 requirements. The product stores lease contracts, automates calculation of right-of-use assets and lease liabilities, produces journal entries and amortization schedules, and generates disclosure reports suitable for audit and external financial reporting.

The platform is used by companies of many sizes—public companies that must publish standardized disclosures, private companies preparing for audits, and organizations with large real estate portfolios or extensive equipment leases. LeaseQuery centralizes lease data, enforces consistent accounting treatments, and maintains an auditable history of changes and assumptions.

LeaseQuery connects lease administration and accounting workflows: it supports lease data capture, approval workflows, accounting automation, reporting, and integrations to push entries into general ledgers. The system emphasizes compliance and traceability, with controls for role-based access, audit logging, and exportable schedules for auditors.

LeaseQuery features

What does leasequery do?

LeaseQuery collects lease contract details, stores supporting documents, and converts contract terms into accounting data. It calculates initial recognition amounts, subsequent measurement, interest, amortization, and any remeasurement events required under ASC 842 and IFRS 16. The system produces the underlying journal entries that can be exported into general ledgers.

The platform provides reporting and disclosures that match the formats required by accounting standards and auditors, including lease rollforwards, maturity analyses, expense breakdowns (interest vs amortization), and cash flow schedules. It supports multi-entity and multi-currency organizations, enabling consolidated views and entity-level reporting.

LeaseQuery implements workflow and controls: it allows lease intake via manual entry, bulk import from spreadsheets, and scanned/attached contracts. It retains version history, supports approval routing for new leases or modifications, and provides configurable user roles so accounting and operations teams have appropriate access and responsibilities.

Key operational features include automated accounting entries, customizable templates for journal exports, lease classification testing, impairment and remeasurement handling, and configurable assumptions (discount rates, useful lives, renewal options). The platform also supports audit-prep exports and detailed footnote disclosures for both ASC 842 and IFRS 16.

LeaseQuery pricing

LeaseQuery offers these pricing plans:

• Starter: $199/month (billed annually $2,388/year) — core lease accounting for small portfolios, lease data capture, basic reports, and journal export features.
• Professional: $499/month (billed annually $5,988/year) — adds advanced reporting, multi-entity consolidation, enhanced workflows, and priority support.
• Enterprise: Custom pricing — includes advanced security controls (SSO), dedicated onboarding, ERP connectors, API access, and enterprise SLAs.

Pricing above represents typical publicized tiers and common billing patterns for lease accounting SaaS; exact pricing, seat counts, and contract terms can vary by customer size and required modules. Check LeaseQuery's current pricing for the latest rates and enterprise options.

How much is leasequery per month

LeaseQuery starts at $199/month when billed annually for the Starter tier. The Professional tier is commonly listed at $499/month when billed annually. Enterprise pricing is custom and typically quoted as a monthly or annual subscription based on the number of entities, lease volume, and required integrations.

How much is leasequery per year

LeaseQuery costs $2,388/year for the Starter plan when billed annually. The Professional tier commonly runs $5,988/year when billed annually. Enterprise customers generally receive annual quotes that cover onboarding, support, and integration work.

How much is leasequery in general

LeaseQuery pricing ranges from $199/month to $499+/month or from $2,388/year to $5,988+/year. Actual costs vary depending on the number of leases, required features (consolidation, multi-entity support, advanced reporting), and whether you require professional services for implementation or custom ERP integration.

What is LeaseQuery used for

LeaseQuery is used primarily for lease accounting and compliance. Accounting teams use it to ingest lease contracts, test for classification (operating vs finance leases under ASC 842), calculate initial and subsequent measurements, and produce journal entries ready for ledger posting.

The system is also used to prepare required disclosures and footnotes for financial statements. Companies use LeaseQuery to compile schedules that show lease expense by type, reconciliations of opening and closing balances, maturity analysis, and cash flow implications—material for audits and investor reporting.

Beyond compliance, LeaseQuery is used operationally to centralize lease administration. Real estate teams, equipment managers, and shared-services groups can use the platform to store contracts, track renewal dates, and surface key obligations and critical dates to stakeholders.

Pros and cons of LeaseQuery

Pros:

• Strong focus on ASC 842 and IFRS 16 compliance with built-in calculation engines and standard disclosure reports.
• Centralized lease repository with versioning, attachments, and lease administration workflows.
• Integrations and export capabilities to move journal entries into ERPs such as NetSuite, Oracle, SAP, and QuickBooks.
• Audit-ready outputs and detailed audit trails that simplify auditor requests and financial close processes.

Cons:

• Specialized focus on lease accounting means companies may need additional systems for full real estate management or facilities operations.
• Enterprise integrations and custom reporting can add implementation time and professional services costs.
• Pricing can scale with lease volume and required modules; organizations with very large portfolios should plan implementation and integration budgets.

LeaseQuery free trial

LeaseQuery commonly provides product demonstrations and short-term trial or sandbox access on request. Trial environments let accounting teams test lease setup, run classification tests, and generate sample journal entries. For a hands-on evaluation, LeaseQuery typically coordinates a trial or sandbox account through sales or product specialists.

Trials are useful to validate how your contracts map into the system, how the calculation engine treats specific clauses (renewal options, variable payments, lease incentives), and how journal exports align with your ERP chart of accounts. Requesting a tailored demo or sandbox instance is recommended for teams that need to test multi-entity consolidation and intercompany requirements.

Is leasequery free

No, LeaseQuery is not a free product. The platform is a commercial SaaS solution with tiered subscriptions. Some vendors offer limited trial or demo instances; LeaseQuery typically requires a paid subscription for production use and provides custom quotes for enterprise deployments.

LeaseQuery API

LeaseQuery provides programmatic access for integrations through a REST-style API and prebuilt connectors. The API surface commonly includes endpoints for lease creation, retrieval, updates, journal entry exports, and attachments. Webhooks or push notifications are often available to notify downstream systems about posting-ready journals or lease changes.

API use cases include automated lease ingestion from procurement systems, scheduled export of journal entries to ERPs (NetSuite, Oracle, SAP), and extraction of reporting schedules for downstream BI or consolidation tools. The platform also supports secure file transfer methods and prebuilt connectors to reduce custom development.

Developers should expect standard authentication patterns (API keys or token-based authentication) and role-based access controls to limit API privileges. For implementation details and available endpoints, consult LeaseQuery’s integration resources and contact their support or professional services team to obtain API documentation and sandbox credentials.

For information on out-of-the-box connectors, see the platform’s materials about prebuilt ERP connectors and integration options.

10 LeaseQuery alternatives

• Visual Lease — Lease accounting and lease lifecycle management platform with emphasis on real estate portfolios and lease administration.
• CoStar Real Estate Manager — Enterprise real estate and lease administration with strong property management and portfolio analytics.
• ProLease — Lease accounting and lease administration software aimed at mid-market real estate and corporate portfolios.
• Nakisa — Financial and lease accounting tools with a focus on enterprise performance and compliance.
• MRI Software — Real estate and lease management with accounting integrations for complex property portfolios.
• Yardi — Property and lease management platform that also supports accounting features and reporting.
• OneBill — Billing-focused platforms with contract management features used by firms combining lease and subscription revenue streams.
• ERPNext — Open source ERP with asset and accounting modules that can be adapted for lease workflows.
• Odoo — Open source suite with accounting and asset modules; community modules exist to handle lease-like workflows.
• LedgerSMB — Open source accounting system that can be extended for custom lease accounting requirements.

Paid alternatives to LeaseQuery

• Visual Lease: Visual Lease focuses on lease administration and accounting with features for classification, accounting automation, and tenant/landlord management. It includes reporting suited for auditors and integrates with major ERPs for journal export.

• CoStar Real Estate Manager: Geared to enterprise real estate portfolios, CoStar REM combines lease administration, portfolio analytics, and accounting integration. It is often chosen by organizations that want both operational property management and financial reporting in one system.

• ProLease: ProLease provides lease accounting, CAM reconciliation, and administration for companies that need both accounting and operational lease management. It is commonly used by retail and franchised organizations with many small lease locations.

• Nakisa: Nakisa provides enterprise lease accounting modules with advanced consolidation, reporting, and analytics. It tends to fit larger organizations with complex consolidation and performance reporting needs.

• MRI Software: MRI’s suite supports property and lease administration with accounting and reporting features; MRI is often selected for very large portfolios or where detailed property management is required alongside accounting.

Open source alternatives to LeaseQuery

• ERPNext: ERPNext includes accounting, asset management, and custom doctypes. With configuration and scripting, teams can model lease schedules and journal generation, but it requires internal development to fully conform to ASC 842/IFRS 16.

• Odoo: Odoo’s community modules offer accounting and asset management. License terms and community modules allow organizations to adapt workflows for lease accounting, but comprehensive compliance features and audit-ready disclosures will require customization.

• LedgerSMB: LedgerSMB is an open source accounting system that provides a foundation for ledger entries and reporting. Organizations with development resources can extend it to model lease accounting and build the needed disclosure reports.

Frequently asked questions about LeaseQuery

What is LeaseQuery used for?

LeaseQuery is used for lease accounting and compliance with ASC 842 and IFRS 16. Accounting teams use it to convert lease contracts into accounting entries, maintain amortization schedules, and produce footnote disclosures required for external financial reporting and audits.

Does LeaseQuery integrate with NetSuite?

Yes, LeaseQuery offers prebuilt NetSuite integrations and journal export capabilities. The integration typically exports posting-ready journal entries and maps accounts and segments to your NetSuite chart of accounts, reducing manual journal posting during month-end close.

How much does LeaseQuery cost per month?

LeaseQuery starts at $199/month when billed annually for the Starter tier. The Professional tier commonly starts at $499/month billed annually; Enterprise pricing is custom depending on scope and integrations.

Is there a free version of LeaseQuery?

No, LeaseQuery does not offer a free production plan. The vendor typically provides demos and can arrange sandbox access for evaluation, but production use requires a paid subscription.

Can LeaseQuery handle multi-entity consolidations?

Yes, LeaseQuery supports multi-entity and multi-currency reporting. It allows you to configure entities, consolidation rules, and per-entity assumptions so consolidated disclosures and entity-level disclosures can be produced for audit and reporting.

Does LeaseQuery provide audit trails?

Yes, LeaseQuery maintains detailed audit trails and version history for leases and assumptions. The system logs changes, who made them, and when; these records are exportable to support auditor requests and internal control reviews.

Can I import leases from Excel into LeaseQuery?

Yes, LeaseQuery supports bulk imports from spreadsheets. You can map Excel columns to LeaseQuery fields to import large portfolios, then validate assumptions and run the calculation engine to produce journal entries.

Does LeaseQuery support IFRS 16 as well as ASC 842?

Yes, LeaseQuery supports both ASC 842 and IFRS 16 accounting standards. The platform includes reporting and calculation options that align with the specific recognition and disclosure requirements of each standard.

What API capabilities does LeaseQuery have?

LeaseQuery provides REST-style API endpoints and prebuilt ERP connectors for common integrations. The API typically supports lease CRUD operations, journal exports, attachments, and webhooks; detailed API docs are available through their support and integration teams.

How long does LeaseQuery implementation take?

Implementation timelines vary but typically range from several weeks to a few months. Duration depends on portfolio size, data quality, required ERP integrations, and whether professional services are engaged for data migration, mapping, and validation.

### LeaseQuery careers

LeaseQuery hires across product, engineering, sales, customer success, and accounting-specialist roles to support product development and customer implementations. Positions frequently include roles for accountants with lease accounting experience, software engineers, and consultants who help map client contracts to compliant accounting treatments.

Careers pages and job listings are typically maintained on the company website and on major job platforms; prospective applicants should review role descriptions for required accounting or technical backgrounds. For remote and office-based roles, LeaseQuery usually lists benefits, equity, and professional development opportunities as part of job postings.

LeaseQuery affiliate

LeaseQuery maintains partner and referral programs for accounting firms, consultants, and software resellers who advise clients on lease accounting compliance. Affiliates often receive referral fees or partner discounts and may gain access to partner enablement materials and training.

If you are an accounting firm or ERP reseller, inquire with LeaseQuery’s partnerships team about certification programs and co-selling arrangements to support client implementations. Partnered consultants can often assist with lease data collection, journal mapping, and audit support.

Where to find LeaseQuery reviews

Independent user reviews and ratings for LeaseQuery can be found on software review platforms and accounting technology forums. Look for platform comparisons and customer case studies to understand how LeaseQuery performs in implementations similar to your organization’s size and industry.

For vendor-provided case studies and customer references, review LeaseQuery’s resource center and customer success materials. Also consult community discussions and accounting user groups for real-world feedback on support responsiveness, implementation experience, and integration stability.