The easiest to use and most cost-effective solution to the FASB ASC 842 Lease Accounting Standard Changes

iLeaseXpress offers an uncomplicated approach to lease accounting for Lessees & Tenants with under 15 real estate and equipment leases

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iLeaseXpress Features

Do you have 15 leases or less? iLeaseXpress is the best lease accounting solution for you

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iLeaseXpress Pricing

Free Trial

No Cost30 Day Free Trial

  • Number of Leases – 5
  • Number of Users – 1
  • Lease Management
  • Contact Management
  • Critical Date Notifications
  • ASC 840 Transition
  • ASC 842 Lease Accounting
  • ASC 842 Disclosure Reports
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iLeaseXpress

$99.95 / Month

  • Number of Leases – 15
  • Number of Users – 1
  • Lease Management
  • Contact Management
  • Critical Date Notifications
  • ASC 840 Transition
  • ASC 842 Lease Accounting
  • ASC 842 Disclosure Reports
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ILeaseXpress Unlimited

$149.95 / Month

  • Number of Leases – 15
  • Number of Users – Unlimited
  • Lease Management
  • Contact Management
  • Critical Date Notifications
  • ASC 840 Transition
  • ASC 842 Lease Accounting
  • ASC 842 Disclosure Reports
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iLeaseXpress ASC 842 Lease Accounting

Real Estate and Equipment Lease Accounting

The iLeaseXpress Lease Accounting feature addresses the provisions of the new lease accounting standards which requires that the vast majority of lease obligations be recognized on the balance sheet of lessees.

Automated and Exportable Journal Entries

Automatically generate monthly journal entries for posting into your accounting system of record. iLeaseXpress provides the ability to create an export to excel that can be imported into your accounting system and post the lease ASC 842 journal entries.

FASB Lease Classification Test

The FASB decided on a dual model, under which different types of leases have different accounting treatment subsequent to the initial recognition of leased assets and liabilities. The principal distinction between the two types of leases is in the manner in which lease related expense is recognized. iLeaseXpress offers a Lease Classification Wizard to walk through a set of questions to help you identify the classification of the lease.

Disclosure Reporting

A lessee will now need to disclose quantitative information about its leases, the related significant judgments made in measuring leases and the amounts recognized in the financial statements. iLeaseXpress provides the reporting for these required disclosure information

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iLeaseXpress Product Tour

Have more than 15 leases?

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