Comprehensive lease accounting for modern businesses

Lease accounting can get complicated, especially when you're managing both real estate and equipment leases across several entities. SOFT4Lessee was built to simplify this. It's a lease controller software based on Microsoft Dynamics 365 Business Central, helping businesses manage the full lease lifecycle: from initial recognition to modification, remeasurement, and termination.

Whether you're a global corporation or a CPA firm supporting clients, SOFT4Lessee provides centralized lease tracking. Active, archived, and upcoming lease agreements are all managed in one place. This mirrors the approach of competitors like Visual Lease, which says it “unifies your lease portfolio.”

The software seamlessly exports G/L journals to other ERP systems like SAP, Oracle, Sage, and Xero. That means lease data flows automatically into your financial records, saving time and preventing errors. Teams can run audit-ready reports, trace transactions with a full audit trail, and make sure they're always working with up-to-date data.

SOFT4Lessee includes automated calculations for lease liabilities, right-of-use assets, and expense recognition schedules. These tools support accuracy in financial reporting and help organizations stay compliant with evolving accounting standards. CPA firms in particular benefit from this level of automation and control, making it a strong contender in any lease accounting software comparison.

Integration benefits for CPA firms and enterprises

For CPA firms, smooth integration isn’t just helpful - it’s essential. Most firms manage multiple clients, each with their own ERP systems, reporting needs, and data privacy requirements. SOFT4Lessee streamlines this complexity. With its Microsoft Dynamics foundation and integrations across SAP, Oracle, Xero, and others, it ensures that firms can manage different lease portfolios without jumping between disconnected tools.

It also supports role-based access, which means that different users can work on different clients or entities while maintaining strict data separation. This is especially helpful for CPA firms managing both public and private companies with varying ASC 842 platform obligations.

Real-time updates to lease records ensure that any changes, such as a renewal, termination, or remeasurement, are reflected immediately across linked financial systems. That consistency reduces the risk of reporting mismatches and supports compliance with lease accounting software ASC 842 requirements.

Ensuring compliance with ASC 842, IFRS 16, and AASB 16

SOFT4Lessee supports compliance with the leading standards: ASC 842, IFRS 16, and AASB 16. Whether you operate in the U.S., Australia, or internationally, the platform can manage different accounting treatments in a single tenant.

Lease classification is built in. SOFT4Lessee helps you determine whether a lease qualifies as operating or finance, based on ASC 842 rules. You can simulate transitions using either the Effective Date or Comparative method, which is a crucial step for organizations adjusting to new regulations.

The platform generates complete disclosure reports, including:

• Right-of-use asset schedules

• Lease liability rollforwards

• Maturity analysis

All reports are formatted to meet regulator expectations.

Competitor LeaseQuery emphasizes its tools as “CPA-Approved Accounting.” SOFT4Lessee aligns with this by automating the most complex parts of ASC 842 compliance and offering tools specifically helpful to accounting firms. Auditors can easily review how each lease is treated, and finance teams can reduce manual error risk.

With SOFT4Lessee, you don’t need to rely on spreadsheets to track transition adjustments or generate supporting documentation. The system does it for you and flags any issues before they become audit problems.

Flexible deployment and integration options

Every organization has different tech requirements. SOFT4Lessee offers both cloud-based and on-premises deployment so you can choose what fits your security and infrastructure needs.

Cloud deployment is fast and doesn’t require internal servers. It's perfect for CPA firms and growing businesses that want speed and low overhead. On-premises deployment gives full control to large enterprises or regulated industries.

Integration is another strong point. The software connects with:

• Microsoft Dynamics 365

• SAP

• Oracle NetSuite

• Sage

• Xero

This integration eliminates double data entry and ensures consistency across your accounting systems.

Visual Lease promotes itself as “Effortlessly Accessible and Integrated,” and SOFT4Lessee matches this by offering tools like:

• Excel imports/exports

• Web service APIs

• Multi-currency support

• Multi-company hierarchy management

For example, a multinational company using SOFT4Lessee to manage 12 subsidiaries can centralize all leases in one system while allowing local teams to manage their data securely. Real-time updates across currencies and company codes keep reporting aligned.

Pricing and licensing tailored to your needs

SOFT4Lessee is designed to be cost-effective for small teams and scalable for large portfolios. There are two pricing options:

1. Excel Calculator – for companies managing just a few leases. It's a one-time cost of €500 and includes basic calculation and reporting functions

2. Software License – starts at €190/month and includes a full-featured platform

This is different from other lease accounting software ASC 842 models, which often tie pricing to lease count or user seats. SOFT4Lessee offers flexibility based on functionality needs, not just data volume.

Cloud-hosted customers also benefit from a pay-as-you-use pricing model. This helps businesses manage costs and scale without upfront investment.

Whether you're a CPA firm managing dozens of clients or an enterprise juggling thousands of leases, SOFT4Lessee offers a practical, scalable alternative to flat-tier pricing seen in other ASC 842 lease accounting software solutions.

For more details or to build a pricing model tailored to your organization, visit the SOFT4Lessee Pricing page.

Comprehensive support and training

Software adoption doesn’t stop at implementation. That’s why SOFT4Lessee includes extensive support:

• A Knowledge Center with blogs, product videos, and case studies

• Personalized help from a dedicated consultant

• Custom training for internal teams

For example, users can access short videos like “Guided demo” to quickly understand the features. This approach shortens the learning curve and boosts confidence. Many platforms promise support, but SOFT4Lessee delivers by assigning real people to assist your team.

Training ensures that all staff know how to classify leases, generate reports, and handle compliance workflows. This lowers risk, boosts adoption, and builds long-term success.

Advanced security and audit trail capabilities

Data integrity and transparency matter more than ever. SOFT4Lessee tracks every lease-related change in a full audit log. Each action is time-stamped and user-attributed, which is key for CPA firms and enterprises preparing for audits.

Security settings allow organizations to control who can see, change, or approve lease records. That makes it easy to comply with internal policies and external regulations.

Other competitors like Visual Lease and LeaseQuery highlight auditability as a core feature. SOFT4Lessee offers the same and more. One global financial services firm passed a regional audit with zero adjustments, thanks to SOFT4Lessee’s record-keeping and reporting structure.

The platform complies with international data protection standards and supports regional data hosting for clients with strict governance requirements.

Why SOFT4Lessee is among the best lease accounting software options

If you’re doing a lease accounting software comparison, consider not just features but flexibility, scalability, and support. SOFT4Lessee is widely regarded as one of the best lease accounting software ASC 842 platforms because it meets a wide range of user needs - from large finance departments to agile CPA firms.

Other solutions may offer similar core tools, but SOFT4Lessee stands out for its transparent pricing, full support for IFRS 16 and AASB 16, and customizable deployment. You can start small and scale your usage as your lease portfolio grows. Or, if you’re an enterprise with thousands of leases across borders, you can trust that the system’s multi-currency and multi-entity capabilities are built for global operations.

In short, whether you're searching for ASC 842 lease software, need multi-standard compliance, or want ERP-native integration, SOFT4Lessee delivers all of that in one secure, adaptable platform.

Frequently asked questions

What is lease accounting software, and who needs it?

It’s software that helps companies manage, classify, and report leases under standards like ASC 842, IFRS 16, and AASB 16. It’s used by accounting teams, CPA firms, and finance departments.

How does SOFT4Lessee compare with other lease accounting solutions?

It matches industry leaders like Visual Lease and LeaseQuery in features but offers more flexibility in pricing, ERP integration, and deployment.

Is SOFT4Lessee compliant with ASC 842, IFRS 16, and AASB 16?

Yes. It includes tools for lease classification, transition simulation, and disclosure reporting for all three standards.

What integrations are available with SOFT4Lessee?

It exports G/L journal to any ERP such as Microsoft Dynamics 365 Finance, SAP, Oracle NetSuite, Sage, Xero, and more. It also supports Excel and web service connections.