FMIS Lease Accounting review
A flexible lease-accounting system for finance teams needing cloud or on-premise deployment.
Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
FMIS Lease Accounting is designed for accounting professionals, finance teams, public-sector organisations and larger businesses managing real-estate, equipment and retail leases. It supports both IFRS 16 and ASC 842, as well as finance and operating leases. Core capabilities include right-of-use asset and lease-liability calculations, payment schedules with interest calculations, disclosure support, journal entries, general-ledger postings and accounting reports. The product is available through cloud-hosted or on-premise deployment, making it relevant to organisations with different infrastructure requirements.
Its strongest operational fit is for teams managing substantial lease portfolios or recurring changes across many records. Users can track additions, adjustments, settlements and renewals, while bulk lease imports, updates and processing reduce the need to handle every lease individually. Excel import and export provide a practical exchange route, and reporting is available in PDF and Excel formats. Integrations include existing accounting and ERP software, FMIS software modules, AccountMate and Deltek, which can help it fit into established finance environments.
Pricing follows a contact-sales model, with the tailored approach based on users, modules and deployment. That structure suits organisations assessing cloud and self-hosted requirements together with their wider accounting setup, but it provides less immediate price transparency than a published plan structure. FMIS Lease Accounting is a strong choice for teams that need standards coverage, calculations, postings, reporting and deployment flexibility in one lease-focused product. Organisations seeking a general-purpose finance platform rather than dedicated lease-accounting functionality should consider alternatives with broader scope.
FMIS Lease Accounting pros and cons
- Where it wins
- Supports both IFRS 16 and ASC 842 lease accounting
- Calculates right-of-use assets, liabilities and interest schedules
- Offers bulk processing with Excel import and export
- Where it doesn't
- Pricing requires contact with sales
- Deployment choice may require implementation planning
- Focused on lease accounting rather than a broad finance suite
FMIS Lease Accounting fact sheet, pricing and score →
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