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    For Tenants

    Protect your profits: Keep track of rent increases, renewals, and critical lease clauses.

    For Brokers

    Win more business: Clients are in the loop from site selection through LOI and lease signing.

    For Landlords

    Stay on track: All the essential info and notifications you need into a mobile-friendly platform.

    Lease Accounting

    Everything you need to meet and maintain ASC 842 compliance.

    Lease Abstraction

    Fanatically dedicated pros who sharpened their skills at Fortune 500 companies, SMEs, and government agencies

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    Discover the latest Leasecake product and company news.

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    Discover why the franchise industry, multi-location corporate tenants, private-equity holding companies, and brokers rely on Leasecake.

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    Frequently Asked Questions

  • Company

    About

    What we believe, how it all began, and our fab team of cake-makers.

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    A sampling of the tenants, brokers, and landlords using Leasecake. 

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  • Services

    For Tenants

    Protect your profits: Keep track of rent increases, renewals, and critical lease clauses.

    For Brokers

    Win more business: Clients are in the loop from site selection through LOI and lease signing.

    For Landlords

    Stay on track: All the essential info and notifications you need into a mobile-friendly platform.

    Lease Accounting

    Everything you need to meet and maintain ASC 842 compliance.

    Lease Abstraction

    Fanatically dedicated pros who sharpened their skills at Fortune 500 companies, SMEs, and government agencies

  • Plans
  • Resources

    Blog

    Discover the latest Leasecake product and company news.

    Customer Stories

    Discover why the franchise industry, multi-location corporate tenants, private-equity holding companies, and brokers rely on Leasecake.

    FAQs

    Frequently Asked Questions

  • Company

    About

    What we believe, how it all began, and our fab team of cake-makers.

    Customers

    A sampling of the tenants, brokers, and landlords using Leasecake. 

    Careers

    Help us make lease management a piece of cake.

    Partners

    A global community
    of powerful partners.

    Press

    Leasecake in the News.

    Contact

    Let us know what’s
    on your mind!

Request a Demo
Login
Lease Accounting

Lease Accounting That’s as Easy as 1-2-3

Our 1-2-3 approach to lease accounting provides you with all the data gathering, reports, and exports needed to comply with FASB and IFRS standards.

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Accounting

1. Lease Measurement
  • Discount rate (IBR or risk-free treasury rate)
  • 12 vs. 13 accounting periods
  • Early access dates
  • Tenant improvement allowance
  • Adoption date
  • Lease inventory
  • Renewal options
2. Journal Entries and Reports
  • ASC 842 journal entries
  • Monthly rent payments
  • Triple net
  • Disclosure
  • Forecasting
  • Amortization schedule
  • And more …
3. Closing the Books

Quick business decisions require real-time data. Reports from Leasecake will reduce your time to close the books and keep you consistent at month-end.

ASC 842 Part II: 7 Steps to Complying With the New Lease Standard

...

Continue Reading

ASC 842 Part I: What Is It and What Exactly Is Changing?

...

Continue Reading


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