LeaseQuery (FinQuery)
CPA-approved cloud lease accounting platform automating amortization schedules, journal entries, and disclosures for ASC 842, IFRS 16, and GASB 87.
Cloud-based lease accounting solution built for small to mid-sized businesses needing straightforward ASC 842 compliance. Does not support IFRS 16 or multi-currency.
iLeasePro's whole pitch is what it leaves out: no IFRS 16, no multi-currency, ASC 842 only. That's a real constraint, not just marketing — it means the moment your portfolio adds an international entity, you'll need to switch platforms. In exchange, it's a leaner, more affordable option for small to mid-sized US-only businesses that don't need multi-standard complexity. G2 rates it 4.0/5 from 13 reviews, the lowest-rated and smallest-sample listing in this category — worth knowing upfront when weighing it against larger, higher-rated competitors.
On the accounting side, iLeasePro automates journal entries, disclosure reports, and lease classification, replacing manual spreadsheet work with a workflow built exclusively around US GAAP and ASC 842.
On the administration side, iLeasePro centralizes your lease repository and automates critical date tracking and reminders. It's intentionally lean — built for straightforward US GAAP portfolios rather than global, multi-standard complexity — which keeps setup and day-to-day use simple for smaller teams.
CPA-approved cloud lease accounting platform automating amortization schedules, journal entries, and disclosures for ASC 842, IFRS 16, and GASB 87.