Lease accounting software that makes compliance easy.

See why experts recommend our lease accounting software to manage and report on real estate, equipment and other leased assets for compliance with the new FASB and IASB standards.

Lease Accounting Software Dashboard

CoStar’s Lease Accounting Software Dashboard

Lease Accounting Software from CoStar

Lease accounting software from CoStar analyzes and classifies leases for new lease accounting requirements, calculates percentage rent obligations, adjusts indexed rents and related taxes, processes rent and expense obligations, generates journal entries, runs financial reports, and integrates with corporate accounting systems.

Lease Accounting Software Highlights and Key Capabilities

Data Management

Calculation Engine

  • All FASB and IASB lease standards (ASC 840/FAS 13, ASC 842, IAS 17, IFRS 16) and types
  • Lease-by-lease analysis and classification
  • International currency conversion

Standard and Ad Hoc Reporting

  • Amortization detail (single and multiple leases)
  • Forecast and summary reports by lease classification
  • Accounting lease data exceptions
  • Facilitate restatements
  • Measure balance sheet impact

Journal Entries

  • Lease audit capability
  • Abstract rent as lump sum amounts or as rate per square foot per month and annually
  • Auto-calculate and generate gross amounts payable based on amounts entered per unit of measure and time
  • Define base rent in any currency
  • Define expenses to multiple parties
  • Map to multiple accounting systems, GL codes and accounts
  • Make and receive payments in multiple currencies for the same lease
  • Capture check numbers and payment information including check amount, date and associate with system charge
  • Rent details
  • Upcoming and planned rent increases
  • Invoice details
  • Rent review dates
  • Budget and forecast guidance
  • Accrual building option (pre-payments)
  • Define sublease relationships and pass through expenses from payable lease to either 3rd party or business unit subtenants
  • Accounts receivable lease functionality including invoicing
  • Automated percent rent calculation and processing including: auto-generate natural breakpoints, multi-tiered breakpoints, monthly, quarterly and annual breakpoints, lease level calculation detail, exclusions and deductions, CAPs on exclusions and decisions, greater of base rent or percent rent, minimum and maximum (floor and cap) on percent rent payments due
  • Create journal entries to be processed to GL
  • Create tax charges for states and areas
  • Store and manage multiple indexes (i.e. CPI-U, non-urban consumers, LIBOR etc.) on which charge adjustments are based
  • Abstract lease information such that automatic calculations can be performed (i.e. tie a rent charge to an index)
  • Abstract adjustment calculation rules related to CPI or other indexes, including: caps, floors, lifetime caps, adjustment periods (annual and multi-year), adjustment start date
  • Integrated reminder system that automatically schedules and sends emails when adjustments should be performed
  • Automatically calculate charge adjustments and update the charge according to established edit rules
CoStar Is The Smart Choice for Lease Accounting Software

Easy
Intuitive software with in-house support, lease accounting dashboard and parallel reporting

Comprehensive
Auditable platform with built-in disclosure reporting and easy integration with existing systems

Affordable
Pay-as-you-go pricing, unlimited system users and never pay for software upgrades

Proven
CPA tested and recommended, industry-leading platform with a 99% annual client renewal rate

Secure
Annual SSAE 16 audit with data at rest encryption, single sign on capabilities, workflows and more

Compliant
Effective controls and procedures for financial reporting meet Sarbanes-Oxley requirements

Lease Accounting Software Resources

Lease Accounting Software Videos

Demo Videos
Watch overview and demonstration videos that highlight our software’s key  functionality including the set up for ASC 842 leases, adding lease amortization schedules, journal entry processing, accounting forecasts and more.

Lease Accounting Software White Paper

White Papers
Data Consolidation for Lease Accounting Compliance highlights the benefits of centralized lease data, how to approach a consolidation project and more. Find more lease accounting whitepapers in our resources section.

Lease Accounting Software Articles

Success Stories and Articles
Read how one Fortune 500 company met its lease accounting needs with CoStar and our lease accounting compliance articles including A Lease Accounting Manager Speaks From Experience.

“With CoStar, you can drive business results and meet the new lease accounting requirements. It’s clearly the best all-around choice.”

Matt Waters, CPA
Former Lease Accounting Manager with the Nation’s Largest Home Improvement Retailer

CoStar Real Estate Manager Software Product Suite

CoStar Lease Manager Software Product Suite

Related Products

Lease accounting software is part of our Real Estate Manager and Lease Manager product suites.

Lease Accounting Software Team

Related Services

CoStar’s Lease Services team provides data solutions to achieve confidence in the quality of critical data.