CorpScript Lease Accounting review
ERP-based lease accounting with schedules, journal posting and disclosure reporting.
Reviewed by iTechGuides Editors · Editorial team · Updated Sep 2026
CorpScript Lease Accounting is a module in the CorpScript manufacturing ERP for businesses managing equipment, property and vehicle leases. Its audience is mid-market and enterprise teams that want lease accounting within that ERP deployment. It creates right-of-use asset and lease liability schedules, models discount rates, lease terms and renewal options, and supports both operating and finance lease classification tests. The vendor documents compliance with ASC 842 and IFRS 16.
The module covers core accounting workflows from measurement through reporting. It handles contract modifications, reassessments and early terminations, automates monthly interest and amortization journal posting to the general ledger, and produces footnote disclosure reports. Multi-subsidiary support is available in the ERP deployment. This breadth makes it a fit for organizations managing varied lease portfolios alongside their manufacturing ERP; teams seeking a standalone lease accounting product may prefer a separately licensed alternative.
Pricing is tied to the CorpScript deployment, not a separate module fee. According to the listed plans, Starter costs $42,000 per year and includes all modules, unlimited users, CorpScript Cloud and up to 2 subsidiaries. Growth includes all modules, unlimited users, CorpScript Cloud and 3 subsidiaries; each additional subsidiary costs $5,000 per year. Enterprise uses a custom quote for oversized or complex programs. These terms suit organizations ready for a CorpScript deployment, especially those needing multi-subsidiary accounting, but the minimum platform price is a significant commitment for buyers who only need lease accounting.
CorpScript Lease Accounting pros and cons
- Where it wins
- Models discount rates, lease terms and renewal options
- Automates monthly interest and amortization journal posting
- Handles modifications, reassessments and early terminations
- Where it doesn't
- Starter requires a $42,000 annual CorpScript deployment
- Starter includes only 2 subsidiaries; each extra costs $5,000 per year
- The module is part of CorpScript ERP rather than licensed separately
CorpScript Lease Accounting fact sheet, pricing and score →
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