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LeaseLedger
What it is
LeaseLedger is web-based lease accounting software for accountants and finance teams. It prepares schedules, journal entries, reports, and disclosures under AASB 16, IFRS 16, and ASC 842. The lease register covers new leases, migrations, modifications, and reassessments, with schedules updated for lease events. Scheduled payments can be reconciled, and off-schedule settlements captured. Reporting includes financial-system reconciliations, cash maturity analysis, portfolio roll-ups, and disclosure workpaper previews. Migration uses workbook templates with pre-import validation, row-level error handling, and selectable opening-balance bases. Optional AI drafts lease details from text or PDFs; a person must review suggestions before saving or relying on them. Users can export lease records, schedules, journals, and workbooks while retaining ownership of workspace data and documents. The free plan costs nothing for up to three leases, one client workspace, two users, and five AI-assisted drafts. Professional pricing is available by discussion.
For and against
For
- Supports AASB 16, IFRS 16, and ASC 842
- Handles lease events and schedule impacts
- Includes disclosure and journal reporting
- Free plan available for up to three leases
- Exports records, schedules, journals, and workbooks
Against
- Free plan limited to three leases
- AI requests may be processed outside Australia
- AI suggestions require human review
The verdict
LeaseLedger combines lease registers, payment reconciliation, reporting, migration tools, and exports in one web workspace. Its free tier covers a small portfolio, while larger requirements use a Professional plan with pricing discussed directly.
Who it suits
It suits accountants and finance teams managing lease portfolios and financial reporting. The free plan is aimed at small portfolios with up to three leases.
Plans and prices
Free
up to 3 leases · 1 client workspace · workspace owner plus 1 teammate · 5 AI-assisted drafts
Read 15 Oct 2026 · leaseledger.com.au
Professional
higher lease limits · additional users · foreign-currency leases · bulk imports and migration workbooks
Read 15 Oct 2026 · leaseledger.com.au
On the record
- Access controls
- Access can be scoped by client, entity and task with server-side checks before changes are made.leaseledger.com.au · read 15 Oct 2026
- Access security
- The site describes scoped access controls, optional software-token MFA, secure cookies, and audit history for user activity.leaseledger.com.au · read 29 Sep 2026
- AI assistance
- Optional AI can suggest onboarding settings, draft lease data from text or PDFs and prepare lease-change drafts.leaseledger.com.au · read 15 Oct 2026
- AI consent
- Client administrators can enable or disable AI assistance while manual workflows continue when it is off.leaseledger.com.au · read 15 Oct 2026
- AI data handling
- AI requests send user-selected text or PDF to an external provider, which may process it outside Australia and may retain API input and output for abuse monitoring for up to 30 days.leaseledger.com.au · read 29 Sep 2026
- AI review control
- AI output remains a suggestion and must be reviewed by a person before saving or posting.leaseledger.com.au · read 15 Oct 2026
- API and SDKs
- The opened product, terms and privacy pages do not describe a public customer API or SDK.leaseledger.com.au · read 15 Oct 2026
- Audit history
- The platform records import decisions, cutover decisions and user actions.leaseledger.com.au · read 15 Oct 2026
- Authentication
- Users verify email addresses and may enable software-token multi-factor authentication.leaseledger.com.au · read 15 Oct 2026
- Consolidation
- Professional includes consolidation and elimination capabilities.leaseledger.com.au · read 15 Oct 2026
- Cutover choices
- Migration can retain source balances or use system-calculated opening values.leaseledger.com.au · read 15 Oct 2026
- Data location
- The privacy notice identifies AWS Sydney as the hosting location for core workspace records and supporting documents.leaseledger.com.au · read 15 Oct 2026
- Data ownership
- Customers retain ownership of lease data, documents and outputs and can export registers, schedules, journals and workbooks.leaseledger.com.au · read 15 Oct 2026
- Disclosures
- The product provides previews of lease-disclosure workpapers.leaseledger.com.au · read 15 Oct 2026
- Documentation
- The opened public pages provide product, plan, privacy and terms information but no separate developer documentation or changelog.leaseledger.com.au · read 15 Oct 2026
- Encryption and backups
- The site states that databases, file storage, logs and backups are encrypted, with audit logging for sign-ins, exports, postings and lease changes.leaseledger.com.au · read 15 Oct 2026
- Exports and data
- Users retain ownership of workspace lease data, documents, and outputs, and can export lease records, schedules, journals, and workbooks.leaseledger.com.au · read 29 Sep 2026
- Hosting
- Core records and documents are hosted in Amazon Web Services, with regional selection and dedicated single-tenant environments available by arrangement.leaseledger.com.au · read 15 Oct 2026
