Crunchafi Lease Accounting review
Cloud lease accounting for lessee and lessor portfolios, with firm-client collaboration.
Reviewed by iTechGuides Editors · Editorial team · Updated Sep 2026
Crunchafi Lease Accounting is a cloud-based product for organizations and CPA firms managing lessee and lessor leases. It supports ASC 842, IFRS 16, FRS 102, and GASB 87/94/96, with tools to generate journal entries, amortization schedules, and footnote disclosures. Reporting entities and lease audit trails support organizing financial statements and documenting lease activity. Dual access enables collaboration between firms and their clients, while AI-assisted data entry can extract lease data from uploaded contracts.
Its scope is notable for practices handling both lessee and lessor accounting across several standards, rather than teams looking only for a basic lease list. The product combines accounting outputs with client collaboration and contract data entry. According to the vendor’s listed integrations, it connects with Thomson Reuters Guided Assurance and Thomson Reuters Engagement Manager. Those connections may suit firms already working in that ecosystem; teams that depend on other named accounting or reporting integrations should assess fit before choosing it.
The published plans show Starter as pay as you go, with no separate implementation or support fees; Professional offers discounted fees for upfront commitments and is aimed at mid-size lease portfolios. Enterprise has custom pricing and flexible billing options and terms. Exclusive Firm Pricing is custom, has flexible billing, and waives fees for modifications or remeasurements. The vendor describes company pricing as per lease, but plan amounts are not shown. Firms seeking a dedicated firm arrangement may find the firm tier relevant, while buyers needing upfront price comparison should expect to contact sales. Choose Crunchafi for standards coverage and firm-client workflows; consider an alternative if broader integrations or published plan prices are essential.
Crunchafi Lease Accounting pros and cons
- Where it wins
- Supports ASC 842, IFRS 16, FRS 102, and GASB 87/94/96
- Generates journal entries, amortization schedules, and footnote disclosures
- Offers dual client-firm access and AI-assisted contract data entry
- Where it doesn't
- Requires contacting sales for pricing
- Integrations listed are limited to two Thomson Reuters products
- Web-only platform
Crunchafi Lease Accounting fact sheet, pricing and score →
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