PLATFORM
Simplify Lease Accounting for Growing Businesses
Modern, Easy-to-Use Software to Comply with ASC 842 and IFRS 16
Lease Accounting Software Made Easy
Trust your lease accounting to Leasecake – the top choice by operators for easy lease accounting.
Leasecake consolidates your lease management and lease accounting into one unified system, ensuring effortless compliance with regulations, accurate journal entries, and more free time. That’s why we’re rated #1 in Ease of Use by G2.
- Comply with ASC 842 & IFRS 16
- Centralize Lease Liabilities
- Mitigate Financial Risks
Leasecake made implementing ASC 842 incredibly easy, with a knowledgeable and responsive team. Our CPA firm was impressed by how well our leases and reports aligned with the new standard during audits.
Manager of Restaurant Accounting
Ruby Slipper Cafe, 25+ Locations
FEATURES
Lease Accounting to Protect Your Locations
Modern lease accounting, for enhanced visibility into costs and obligations, more leverage during negotiations and lower expenses.
- Comprehensive Database
Manage all leases and assets in one system with a smooth data flow, ensuring precision and accuracy in reporting.
- Robust Reporting
Get essential reports fast: amortization schedules, disclosure reports, journal entries, lease changes, and portfolio financials.
- Built-in Auditing
Comprehensive controls, lease input comparisons, and a transparent audit trail enable easy change tracking.
- Controlled Access
Empower your accounting team with exclusive control over accounting functions, safeguarding against unintended modifications from lease administrators.
- ASC 842 & IFRS 16
Our platform simplifies the complex process of ASC 842 and IFRS 16 and supplies you with everything you need to comply.
- Professional Services
Expert lease abstraction and consulting services to support your accounting journey.
Integrations to Keep You Running Faster
Sync ASC 842 journal entries and rent bills from Leasecake to your accounting system with our accounting integrations.
Why Customers
Love Leasecake
Finance and Accounting teams love Leasecake for helping them efficiently close their books on their third-largest expense: real estate.
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Related Resources
Navigating Lease Accounting Audits with Confidence
Risk Management 101 with Leasecake, Part 3: Lease Audits.
Why Lease Accounting Matters
Why Lease Accounting Matters—Even if You’re Not Concerned About ASC 842 or IFRS 16.
eBook: Secrets to ASC 842 Compliance
Ready to get started with ASC 842 compliance? We've got you covered.
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lease accounting?
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