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16Leases review

#29 of 55 in Lease Accounting Software

A broad IFRS 16 toolkit for small, multi-company lease portfolios.

6.0/10Editor score
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Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026

16Leases is cloud-based lease accounting software for accountants, finance managers, chartered accountants, and certified public accountants. It focuses on IFRS 16 and calculates lease liabilities, right-of-use asset values, interest costs, depreciation, and payment schedules. Multi-company management, journal-entry preparation, data export, lease sharing by email, and multi-user access with one administrator make it suited to small portfolios managed across entities and users.

Platform coverage is a clear strength. The product supports web, Windows, macOS, Linux, and iOS access, giving teams options for browser-based and local workflows. Its calculations extend beyond basic schedules: 16Leases can forecast general-ledger impact and prepare journal entries. Two-factor authentication adds an account-security control, while data export supports moving information into other workflows. The published plans also show a 30-day free trial, although the pricing model is contact sales rather than a published amount or permanent free plan.

The main constraint is scope. 16Leases is built around IFRS 16, and integrations are absent from the stated offering, so teams seeking broader accounting-standard coverage or connected system workflows should consider an alternative. For organizations that need IFRS 16 calculations, payment schedules, journal preparation, multi-company management, and access across several operating systems, it is a focused option. Buyers should choose it when platform flexibility and core lease accounting matter more than a wider integration ecosystem or support for standards beyond IFRS 16.

16Leases pros and cons

  • Where it wins
    • Automates lease liability, ROU-asset, interest, and depreciation calculations
    • Supports multi-company management, multi-user access, and lease sharing
    • Works across web, Windows, macOS, Linux, and iOS
  • Where it doesn't
    • Pricing requires contacting sales
    • Accounting support is limited to IFRS 16
    • Integrations are absent from the stated offering

16Leases fact sheet, pricing and score →

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