Lease accounting
Lease accounting software that gives finance confidence and real estate control
Automated ASC 842/IFRS 16 compliance without the data chase. Finance gets audit-ready reports from the same portfolio data real estate is updating in real time.
ASC 842
IFRS 16
FRS 102
GASB 87
Trusted by commercial tenants
Key benefits
Lease accounting platform built for compliance and collaboration
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ASC 842 reports in hours, not weeks
Automated calculations for ROU assets, lease liabilities, and amortization schedules. Generate journal entries and disclosure reports with a few clicks. No more month-end scrambles or manual Excel reconciliations.
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Real estate updates flow to finance automatically
When your real estate team changes a lease term or commencement date, finance sees it immediately. No more chasing down amendments or discovering changes during your audit. Both teams work from the same data.
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Audit-ready from day one, no scrambling
Complete audit trail for every lease transaction, modification, and calculation. Auditors get the supporting documentation they need without finance scrambling to piece together spreadsheets.
What lease accounting software does
Lease accounting software turns lease terms into the numbers a financial statement needs: the right-of-use asset, the lease liability, the amortization schedule, the journal entries, and the disclosure tables. The calculations are not the hard part. Keeping them accurate while leases change is, and that is where a platform earns its place over a spreadsheet.
Occupier is built for tenants managing multi-location portfolios, where a lease amendment signed by the real estate team has to reach the accounting calculations before the month closes rather than after.
UNLOCK YOUR LEASE DATA
Lease accounting features that keep you audit-ready
CALCULATIONS
Automated calculations from lease terms to journal entries
Occupier calculates ROU assets, lease liabilities, and monthly amortization schedules automatically. Handles rent escalations, modifications, and termination scenarios in real time. Supports ASC 842, IFRS 16, GASB 87, and FRS 102.
CLAUSE SUMMARIES
Decode lease clauses in seconds
Stop hunting through dense legal language. Every clause is extracted and summarized so you can quickly see what it means, who's responsible, and what's required. No more reading through pages of complex terms.
AUDIT READY
Audit packages ready when you need them
Generate footnote disclosures, lease roll-forwards, maturity schedules, and one-click journal entry exports formatted for your ERP. Full audit trails show every change, assumption, and calculation.
How it works
From chaos to control in three steps
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01. Upload your leases with clauses
Submit your lease PDFs and Occupier takes it from there. Key terms, dates, and financials are extracted and ready for review, with the full lease searchable behind it so your team can go deeper whenever they need to.
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02. Set up alerts and workflows
Out-of-the-box alerts and workflows are ready on day one, covering common lease dates, options, and landlord obligations across your portfolio. Easily configure timing and team notifications with minimal setup.
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03. One system for your entire lease portfolio
Your real estate and finance teams access the same verified lease data. Critical dates trigger alerts, portfolio insights are real-time, and everyone stops chasing information in spreadsheets.
What lease accounting software has to calculate
- Classification of each lease as operating or finance against the five ASC 842 criteria
- Present value of lease payments using the rate implicit in the lease, an incremental borrowing rate, or the risk-free rate election
- The right-of-use asset, adjusted for prepaid rent, deferred rent, incentives, and initial direct costs
- Amortization and interest schedules for the full term, retained for audit after every change
- Remeasurement when the term changes, an option is exercised, payments are modified, or an index-linked payment resets
- Separation of lease and non-lease components, or their combination where the practical expedient has been elected
- Impairment of the right-of-use asset when indicators are present
- Disclosure outputs: maturity table, roll-forward, weighted average remaining term, weighted average discount rate, and cash flow supplemental amounts
STANDARDS
Support for all major
lease accounting standards
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ASC 842
Full ASC 842 compliance for US GAAP reporting. Handles operating and finance lease classifications, ROU assets, lease liabilities, and footnote disclosures. Supports transition accounting and ongoing compliance.
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IFRS 16
Complete IFRS 16 calculations and reporting for international entities. Manages right-of-use assets, lease liabilities, and disclosure requirements under international standards.
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GASB 87
Government and public sector lease accounting under GASB 87. Purpose-built workflows for governmental reporting requirements and audit compliance.
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FRS 102
UK GAAP lease accounting compliance. Supports FRS 102 Section 20 for UK and Ireland-based organizations with simplified reporting needs.
"If you have to work on ASC 842, go with Occupier. It’s got the real estate function and it’ll also do ASC 842. There’s no reason to separate the two.”
Joon Lee
Controller, Yoshinoya
Controller, Yoshinoya
80
Restaurants
Lease accounting software vs. spreadsheets
A spreadsheet handles a small, static portfolio. It stops working at the point where leases change during the year, more than one person edits the file, or an auditor asks for support that has to be rebuilt rather than retrieved. The failure is rarely a formula error on day one. It is a renewal exercised in March that nobody carried into the schedule.
Occupier Lease Management
Ready to see Occupier in action?
Learn how Occupier centralizes lease data, automates critical workflows, and keeps real estate and finance teams aligned without compromise.
Boston HQ
Size:
15,000 sq ft
15,000 sq ft
Renewal options:
90 days notice
90 days notice
Lease expiration:
March 2026
March 2026
Status:
Action required
Action required
Amend Lease
Set Alert
Frequently Asked Questions
Lease management handles the operational side—tracking leases, managing renewals, monitoring critical dates, and organizing lease documents. Lease accounting focuses on financial compliance—calculating ROU assets and lease liabilities, generating journal entries, and producing reports for ASC 842, IFRS 16, and other accounting standards. Occupier combines both in one platform so operations and finance work from the same verified lease data.
Lease accounting software automates the complex calculations required by ASC 842—right-of-use assets, lease liabilities, amortization schedules, and interest expense. It maintains complete audit trails documenting every lease transaction, modification, and assumption. The software generates disclosure reports formatted for financial statements and ensures consistency across your entire lease portfolio, eliminating the manual errors and documentation gaps that create audit risk.
Yes. Occupier integrates directly with NetSuite to sync lease data and push journal entries automatically.
Occupier recalculates accounting impacts automatically. Finance sees the change immediately and can review the accounting treatment before month-end. The audit trail documents what changed, when, and who approved it. No more discovering amendments during your audit.
Last updated: August 31, 2026