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Best Lease Accounting Software

Compare the Top Lease Accounting Software as of October 2025

What is Lease Accounting Software?

Lease accounting software automates the management and reporting of lease agreements in compliance with accounting standards such as ASC 842, IFRS 16, and GASB 87. It helps organizations track lease terms, payment schedules, renewal options, and lease liabilities while generating accurate financial reports. The software often includes features for lease classification, amortization calculations, journal entry automation, and audit trail documentation. By centralizing lease data and ensuring regulatory compliance, it reduces manual effort, minimizes errors, and supports timely financial close processes. Lease accounting software is essential for companies managing multiple leases to maintain transparency and meet accounting obligations. Compare and read user reviews of the best Lease Accounting software currently available using the table below. This list is updated regularly.

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    Xero

    Xero

    Xero

    Xero’s cloud-based all-in-one accounting software makes managing your rental properties simple and efficient. Keep track of property finances in real time, including rent payments, expenses, and deposits, all in one place. Automate rent collection and streamline payment processes through GoCardless, while also managing tenant records and communication seamlessly. With Xero’s easy-to-use tools and cloud-based platform, you’ll have full control over your lease accounting, making your day-to-day operations easier and more organized.
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    Starting Price: $20/month
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