LeaseQuery review
A broad lease accounting platform with standards coverage, AI abstraction, and ERP integrations.
Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
LeaseQuery is cloud-based lease accounting software from FinQuery for accounting teams, companies, and CPA firms. It supports lessee and lessor accounting for equipment, vehicle, and commercial real-estate leases, with coverage for ASC 842, IFRS 16, GASB 87, GASB 96, FRS 102, and SFFAS 54. The platform combines a cloud lease repository with automated amortization schedules, lease-related journal entries, disclosure reports, custom reporting, critical-date alerts, role-based access, audit trails, and read-only auditor access. Its native AI-assisted data abstraction is intended to reduce manual lease-data entry while keeping the work within an accounting control environment.
The listed plan is LeaseQuery Essential. It includes the accounting standards coverage, schedules, journal entries, disclosures, AI-assisted abstraction, read-only auditor access, and dedicated implementation and support resources. For established teams, the integration layer is a central strength: LeaseQuery connects with NetSuite, Infor, Acumatica, Sage, Microsoft, SAP, QuickBooks, and Workday, and is available through web and API access. That combination makes it a practical fit for organizations that need lease records and accounting outputs to align with existing ERP or general-ledger systems.
LeaseQuery is most suitable for teams managing multiple lease types, formal reporting requirements, and auditor collaboration. Its breadth also makes it relevant to CPA firms and organizations working across accounting standards. The tradeoff is focus: this is a specialized lease accounting system, not a general finance platform. Teams seeking a narrower workflow may find its controls, reporting, implementation resources, and integrations more than they need, while teams wanting broader finance operations should consider a product designed beyond lease accounting. Established organizations with integration and compliance needs are the clearest match.
LeaseQuery pros and cons
- Where it wins
- Supports ASC 842, IFRS 16, and GASB 87 accounting
- Automates schedules, journal entries, disclosures, and custom reports
- Connects with NetSuite, SAP, Workday, QuickBooks, and other systems
- Where it doesn't
- The listed offering provides one plan, with limited visible tier choice
- AI-assisted abstraction still requires accounting review and oversight
- Its focus is lease accounting rather than broader finance operations
LeaseQuery fact sheet, pricing and score →
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