LEASE ACCOUNTING

Lease accounting, built right. Finally.

Leasecake is a modern engine that establishes lease administration and accounting on one data model, so every real estate change flows straight to your books, audit-ready, with no reconciliations or manual catch-ups.

Turn lease accounting risks into opportunities

When you don't have to worry about inconsistent data from administration, workarounds, or cumbersome checking and reentry, you mitigate crucial risks that ruin your books and derail audits.

Inaccurate lease data
Non-compliance with ASC 842 / IFRS 16
Late or missed lease changes
Risk

A simple change in commencement date messes up your downstream books, resulting in bad data and hours of clean up work.

Leasecake action

When you set your commencement date, the rest of your dates update automatically according to lease terms.

Opportunity

Cleaner financial data means your accounting team doesn't have to fight fires, and books close fast.

Inaccurate lease data
Non-compliance with ASC 842 / IFRS 16
Late or missed lease changes
Risk

A simple change in commencement date messes up your downstream books, resulting in bad data and hours of clean up work.

Leasecake action

When you set your commencement date, the rest of your dates update automatically according to lease terms.

Opportunity

Cleaner financial data means your accounting team doesn't have to fight fires, and books close fast.

Lease admin platform—now #1 in lease accounting, too

Lease admin platform—now #1 in lease accounting, too

Lease admin platform—now #1 in lease accounting, too

You bought what existed in 2019...

You bought what existed in 2019...

…but the market has changed.

…but the market has changed.

Most lease platforms bolted lease administration onto a separate compliance engine, so the two never truly sync, and every reconciliation just exposes an architectural problem no amount of manual work can fix.

Leasecake runs admin and accounting on one data model and one surface, so real estate changes flow straight to your books without double entry or conflicting truths.

What makes Leasecake different from your existing accounting platform?

Platforms built on aging codebases force clunky workflows that pile up configuration work and support tickets, but the costliest consequence is the inaccurate data flowing in from lease administration, which your accounting team has no choice but to inherit.

Compare Leasecake to other platforms

Get the complete guide

What makes Leasecake different from your existing accounting platform?

Platforms built on aging codebases force clunky workflows that pile up configuration work and support tickets, but the costliest consequence is the inaccurate data flowing in from lease administration, which your accounting team has no choice but to inherit.

Compare Leasecake to other platforms

Get the complete guide

What makes Leasecake different from your existing accounting platform?

Platforms built on aging codebases force clunky workflows that pile up configuration work and support tickets, but the costliest consequence is the inaccurate data flowing in from lease administration, which your accounting team has no choice but to inherit.

Compare Leasecake to other platforms

Get the complete guide

"The ASC 842 functionality in Leasecake is the best I’ve seen, simple, intuitive, and empowering our people to make real-time decisions. Unlike other systems where the process feels clunky and better suited for outside workarounds, Leasecake makes compliance seamless and effective within the platform itself."

— Spencer Manke

CFO, EWC Growth Partners

"Leasecake is the best fit for our business. What began as lease administration has now expanded into lease accounting, and consolidating everything into one easy-to-use platform has made our work simpler and more efficient."

— Real Estate Team

White Castle

"Reporting and exporting is simple with Leasecake. No matter what reporting metrics I need, I know I can find the data and share it with my colleagues in a few minutes, rather than hours."

— Gabe Jackson

Senior Accountant, Smile Partners

Lease accounting that’s actually in sync with real estate

Leasecake eliminates bad data, broken handoffs, and spreadsheet rebuilds by running lease administration and accounting on one unified platform.

  • Stay compliant and risk-free

    Leasecake delivers ASC 842 and IFRS 16 compliance out of the box, handling complex renewals, modifications, and multi-currency leases with ease. Accounting stays compliant as real-world lease events happen, not after the fact.

  • Faster closes with fewer hand-offs

    Close the books faster by eliminating manual reconciliations between real estate and accounting. One system, shared data, and stronger controls reduce rework and audit questions.

  • Disclosures are audit-ready the moment you need them

    Generate complete, audit-ready disclosures automatically for every lease type. No manual roll-ups, no spreadsheet stitching, and no last-minute scramble.

  • Accounting stays current as leases change

    Never miss a remeasurement and never rebuild a spreadsheet. Accounting stays continuously aligned with lease management changes, including renewals, amendments, and changes as they occur.

Lease accounting that’s actually in sync with real estate

Leasecake eliminates bad data, broken handoffs, and spreadsheet rebuilds by running lease administration and accounting on one unified platform.

  • Stay compliant and risk-free

    Leasecake delivers ASC 842 and IFRS 16 compliance out of the box, handling complex renewals, modifications, and multi-currency leases with ease. Accounting stays compliant as real-world lease events happen, not after the fact.

  • Faster closes with fewer hand-offs

    Close the books faster by eliminating manual reconciliations between real estate and accounting. One system, shared data, and stronger controls reduce rework and audit questions.

  • Disclosures are audit-ready the moment you need them

    Generate complete, audit-ready disclosures automatically for every lease type. No manual roll-ups, no spreadsheet stitching, and no last-minute scramble.

  • Accounting stays current as leases change

    Never miss a remeasurement and never rebuild a spreadsheet. Accounting stays continuously aligned with lease management changes, including renewals, amendments, and changes as they occur.

Lease accounting that’s actually in sync with real estate

Leasecake eliminates bad data, broken handoffs, and spreadsheet rebuilds by running lease administration and accounting on one unified platform.

  • Stay compliant and risk-free

    Leasecake delivers ASC 842 and IFRS 16 compliance out of the box, handling complex renewals, modifications, and multi-currency leases with ease. Accounting stays compliant as real-world lease events happen, not after the fact.

  • Faster closes with fewer hand-offs

    Close the books faster by eliminating manual reconciliations between real estate and accounting. One system, shared data, and stronger controls reduce rework and audit questions.

  • Disclosures are audit-ready the moment you need them

    Generate complete, audit-ready disclosures automatically for every lease type. No manual roll-ups, no spreadsheet stitching, and no last-minute scramble.

  • Accounting stays current as leases change

    Never miss a remeasurement and never rebuild a spreadsheet. Accounting stays continuously aligned with lease management changes, including renewals, amendments, and changes as they occur.

Lease accounting built to protect you from real risk

Lease accounting built to protect you from real risk

Get accurate lease data before accounting ever starts

Leasecake uses AI to extract critical terms, identify remeasurement events, and prepare accurate measurements early. Accounting teams start each close with clean, complete data, reducing delays and audit prep.

Get accurate lease data before accounting ever starts

Leasecake uses AI to extract critical terms, identify remeasurement events, and prepare accurate measurements early. Accounting teams start each close with clean, complete data, reducing delays and audit prep.

DEFINITIVE LEASE GUIDE

7 Mistakes Costing You Growth

Your lease accounting strategy and systems can either support growth or quietly introduce risk as you scale. Most multi-location tenants are still making at least one of these seven lease mistakes. Download the guide to assess your approach.

DEFINITIVE LEASE GUIDE

7 Mistakes Costing You Growth

Your lease accounting strategy and systems can either support growth or quietly introduce risk as you scale. Most multi-location tenants are still making at least one of these seven lease mistakes. Download the guide to assess your approach.

DEFINITIVE LEASE GUIDE

7 Mistakes Costing You Growth

Your lease accounting strategy and systems can either support growth or quietly introduce risk as you scale. Most multi-location tenants are still making at least one of these seven lease mistakes. Download the guide to assess your approach.

FREE OFFER

Get a 24-point lease audit

Uncover hidden risk, missed obligations, and cost-saving opportunities across your portfolio, even if you're not a customer.

FREE OFFER

Get a 24-point lease audit

Uncover hidden risk, missed obligations, and cost-saving opportunities across your portfolio, even if you're not a customer.

FREE OFFER

Get a 24-point lease audit

Uncover hidden risk, missed obligations, and cost-saving opportunities across your portfolio, even if you're not a customer.

Why does lease accounting work better in Leasecake?

A perfectly balanced platform built for both sides of the business

Not overbuilt in one area or underpowered in another. Best-in-class lease admin paired with best-in-class accounting means no compromises, no weak links, no rework.

Real-time accuracy built into the workflow

Changes surface the moment they happen. No lag, no hunting, no end-of-quarter surprises—just clean, ready-to-use data flowing automatically.

Accounting that reflects real-world lease activity

Because compliance depends on truth, not assumptions. Every measurement and disclosure stays aligned with what’s actually happening in your portfolio.

Powerful, yet simple to use

Enterprise-grade capability without enterprise-grade headaches. Leasecake delivers intuitive workflows and modern features so the whole team will unlock value.

Taking the financial risk out of leases

"Our rent payments represent our 3rd highest cost payments, using Leasecake helps me maintain visibility into that high-cost part of my business."

Scott Miller,

CFO, Cotti Foods

Taking the financial risk out of leases

"Our rent payments represent our 3rd highest cost payments, using Leasecake helps me maintain visibility into that high-cost part of my business."

Scott Miller,

CFO, Cotti Foods

Taking the financial risk out of leases

"Our rent payments represent our 3rd highest cost payments, using Leasecake helps me maintain visibility into that high-cost part of my business."

Scott Miller,

CFO, Cotti Foods

Trusted across industries

  • Food and Beverage
  • Retail
  • Fitness
  • Medtail
  • Business Services
  • Finance
  • Manufacturing
  • Shipping and Logistics
  • Haircare
  • Petcare
  • Automotive

Trusted across industries

  • Food and Beverage
  • Retail
  • Fitness
  • Medtail
  • Business Services
  • Finance
  • Manufacturing
  • Shipping and Logistics
  • Haircare
  • Petcare
  • Automotive

Frequently asked questions

"Does Leasecake support ASC 842?"
"How do changes in lease terms flow into accounting?"
"Can we support remeasurement scenarios?"
"Does Leasecake integrate with other finance systems?"