NetLease
NetLease automates lease accounting for organizations using NetSuite.
What NetLease is
NetLease automates lease accounting for organizations using NetSuite. It handles lease calculations, amortization schedules, and right-of-use asset tracking, and supports ASC 842, IFRS 16, GASB 87 and 96, and FRS 102. The software also automates modifications, reassessments, and early terminations, recalculating leases after changes.
Embedded directly in NetSuite, NetLease provides lease data, reports, and disclosure statements in real time and posts journal entries to the General Ledger. Optional Percentage Rent automates overage rent calculations and billing; Multibook posts a secondary book and keeps both books in sync. Netgain says it provides assurance through annual SOC reports. Every customer receives Base Support, with Enhanced and Platinum tiers available; listed average email response times are 24–48 hours for Base, four business hours for Enhanced, and two business hours for Platinum. Production accounts have a lease-count limit based on license tier, and going over it requires an upgrade. Pricing is on request and varies by lease count and compliance needs.
Good
- Supports ASC 842, IFRS 16, GASB 87 and 96, and FRS 102.
- Automates lease changes and recalculations.
- Posts journal entries to the NetSuite General Ledger.
- Provides real-time reports and disclosure statements.
Watch out
- Pricing is on request.
- Production lease counts are limited by license tier.
- Exceeding a license limit requires an upgrade.
Who it suits
NetLease is aimed at NetSuite users who need lease accounting, compliance support, and audit-ready reporting. It may suit teams managing lease changes and disclosures within NetSuite.
Verdict
NetLease brings lease calculations, changes, reporting, and journal entries into NetSuite. Organizations should confirm pricing and the lease-count limit for their license tier.
Plans and prices
From NetLease's own pricing page, checked 4 Oct 2026.
| Plan | Price | What it gives you |
|---|---|---|
| NetLease for NetSuite | Priced on request | Pricing varies by number of leases and compliance needs |
The facts
Each one read from NetLease's own pages, with the date it was checked.
What it does
- Add-on modules
- Percentage Rent automates overage rent calculations and billing, while Multibook posts a secondary book and keeps both books in sync.checked 4 Oct 2026
- Calculations
- NetLease automates lease calculations, amortization schedules, and right-of-use asset tracking.checked 4 Oct 2026
- Compliance
- The product supports ASC 842, IFRS 16, GASB 87 and 96, and FRS 102.checked 4 Oct 2026
- Intended users
- NetLease is described as purpose-built for NetSuite users who need scalable lease accounting and audit-ready reporting.checked 4 Oct 2026
- Lease changes
- The software automates lease modifications, reassessments, and early terminations with recalculations.checked 4 Oct 2026
- License limits
- Production accounts have a maximum lease count based on their license tier, and exceeding it requires a license upgrade.checked 4 Oct 2026
- NetSuite integration
- NetLease is embedded directly in NetSuite and posts journal entries to the General Ledger.checked 4 Oct 2026
- Purpose
- NetLease automates lease accounting tasks, including lease changes, disclosure statements, and audit preparation.checked 4 Oct 2026
- Reporting
- It provides lease data, reports, and disclosure statements in real time within NetSuite.checked 4 Oct 2026
- Security assurance
- Netgain says it provides assurance through annual SOC reports.checked 4 Oct 2026
- Support
- Every Netgain customer receives Base Support, with optional Enhanced and Platinum tiers available.checked 4 Oct 2026
- Support response times
- The support page lists average email response times of 24–48 hours for Base, four business hours for Enhanced, and two business hours for Platinum.checked 4 Oct 2026
The company
- Maker background
- Netgain says it was founded in 2018 by Adam Riches and Nathan Smart.checked 4 Oct 2026
- Maker location
- Netgain lists locations in Englewood, Colorado, Lehi, Utah, and Sydney, Australia.checked 4 Oct 2026
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