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LeaseAccounting.app vs LeaseQuery

What both publish

FactLeaseAccounting.appLeaseQuery
Founded20162011
HeadquartersHelsinki, FinlandAtlanta, Georgia, United States
IntegrationsThe site lists forthcoming direct templates for SAP S/4HANA, Oracle Cloud, Dynamics 365, NetSuite and QuickBooks.The company lists out-of-the-box integrations including Acumatica, Workday, Microsoft, Infor, Oracle, SAP, QuickBooks and Sage, and says it can integrate with all accounting systems.
Intended usersThe product is presented for UK and Ireland finance teams and describes workflows for controllers, CFOs, accountants and auditors.LeaseQuery is designed for organizations ranging from a single contract to thousands and also supports CPA firms managing client portfolios.
PurposeLeaseAccounting.app provides lease accounting software for FRS 102 and IFRS 16.LeaseQuery is a cloud-based lease accounting subledger for accounting for leased assets.
SecurityCustomer data is hosted in Germany or Finland, with GDPR compliance, mandatory MFA, TLS 1.3 in transit and AES-256 encryption at rest.FinQuery says stored solution and backup data use 256-bit AES encryption, and lease-accounting software uses SSL encryption, firewall and application security, and AWS managed hosting and backup.
StandardsFRS 102 and IFRS 16 are supported for single-currency tenants; ASC 842 is listed as coming soon.The product supports compliance with ASC 842, IFRS 16, FRS 102, GASB 87, GASB 96 and SFFAS 54.

LeaseAccounting.app plans

  • FreeFree
  • Starter€149 a month
  • Growth€349 a month
  • Pro€699 a month

LeaseQuery plans

  • LeaseQuery Essential$3,900 a year
  • LeaseQueryPriced on request

Pick LeaseAccounting.app if…

It is aimed at UK and Ireland finance teams, including controllers, CFOs, accountants and auditors handling FRS 102 or IFRS 16 leases. It may suit teams that want lease schedules, journal entries and period-close work in one web workflow.

Pick LeaseQuery if…

It suits organizations handling lease accounting under the listed standards, from a single contract to thousands. CPA firms managing client portfolios are also among its intended users.

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