What’s the best lease accounting software? I just moved to industry and my company does everything by excel and I want to transition them to the best software out there now. Any recommendations?

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Our firm is using LeaseQuery (now FinQuery).

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Lease Crunch

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Anything more than like 5 leases and you need something other than excel! My eye twitches thinking about it

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Lease Crunch seemed pretty intuitive but I haven't used it in a couple of years.

So it sounds like lease crunch is the best? Does the recommendation change if there’s a few equipment leases as well? Majority is finance leases. Also how big of a pull is it transitioning stuff to the new software? I’m trying to get it done for a January month close or sometime in Q1 this year

Lease crunch is pretty user friendly. Hardest part is getting all the lease data in from historical. You can actually hire a cpa firm to do this for you as a consultant.

I did the implementation for one of my clie to. Once you have the upload template populated with all your leases, it is just one big upload. Doesn't matter what kind of lease it is.

Any helpful instructional videos? How does it link with the clients accounting GL system?

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And 🛑 wasting your time at a company that under-values you severely. Sometimes switching companies every 2 years or so will allow you to keep raising the bar for yourself.

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