AI-powered ASC 842 compliance software that automates journal entries, depreciation schedules, and audit packagesβso you can focus on what actually matters.
No training required. No implementation fees. No waiting.
Drag your lease agreement or invoice into the app. Our AI reads and extracts all key terms automatically.
~10 secondsAI extracts all the details. Verify the data looks correct and click approve. Make edits if needed.
~30 secondsASC 842 calculations, depreciation schedules, and journal entriesβall generated automatically.
InstantNo training. No consultants. No 6-month implementation.
Try the AI Upload Upload your own lease or use our sampleBecause we've talked to hundreds of accountants just like you
Every lease lives in a different file. Version control? What's that? Someone made changes last week and now nothing ties out.
8+ hrs/month searching for filesROU assets, lease liabilities, modification accounting, discount rates... The standard is a nightmare and auditors always have questions.
73% report ASC 842 stressYou promised yourself this month would be different. But here you are at 11 PM again, manually calculating amortization schedules.
15+ hrs overtime during closeThat auto-renewal clause buried on page 47? You didn't see it. Neither did anyone else. Now it's a $200K problem.
Avg cost: $50KMACRS, Section 179, bonus depreciation, deferred taxes... You have three different schedules and they never agree.
4 schedules to maintainYou looked at LeaseQuery. You looked at Visual Lease. Then you saw the price tag and went back to Excel.
Enterprise: $25K+/yearOur AI reads the document, extracts every detail, and creates the lease record. You just verify and approve.
Classification tests, ROU assets, lease liabilities, amortization schedulesβall calculated automatically.
Remeasurements, term changes, partial terminations. We walk you through the accounting treatment.
Separate CAM, taxes, insurance from base rentβor elect the practical expedient. Your choice.
Track subleases alongside head leases. Proper classification and income recognition.
Invite your CPA to review and approve leases. Complete audit trail for every change.
GAAP, MACRS, Section 179, bonus depreciation side-by-side. Deferred taxes calculated.
Maturity analysis, weighted averages, lease cost breakdownsβall the footnotes you need.
Compare us to what you're using now
| Feature | Excel / Spreadsheets | Enterprise Software LeaseQuery, Visual Lease, CoStar | Lease Easy AI You are here |
|---|---|---|---|
| Monthly Cost What you'll pay | "Free"+ 15 hrs of your time | $200-$500/mo+ implementation fees | $39.99/moNo hidden fees |
| Setup Time Time to get started | WeeksBuilding formulas from scratch | 3-6 monthsImplementation project | 2 minutesSign up and go |
| Data Entry Getting lease data in | 100% manualType everything yourself | Mostly manualSome have basic OCR | AI extracts itJust upload PDF |
| ASC 842 Calculations Compliance math | Build yourselfHope you don't make errors | β AutomatedAfter lengthy setup | β InstantCalculations in seconds |
| Fixed Assets Depreciation tracking | Separate fileAnother spreadsheet | β Not includedBuy another system | β Built-inLeases + Assets together |
| Training Required Learning curve | Self-taughtYouTube & trial/error | WeeksFormal training sessions | NoneIntuitive interface |
| Error Risk Chance of mistakes | π΄ HighFormula breaks, wrong cells | π‘ MediumComplex = more errors | π’ LowAutomated validation |
| Audit Trail Change tracking | β NoneWho changed what? | β YesStandard feature | β CompleteEvery change logged |
| Your Weekends Work-life balance | π« GoneCatch-up work | π MaybeStill complex | π YoursAutomated = free time |
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