Ledgerage review
A low-cost lease accounting engine with a free tier and broad standards support.
Reviewed by iTechGuides Editors · Editorial team · Updated Sep 2026
Ledgerage is a web-based lease accounting engine for accountants, controllers, small businesses, and AI accounting agents. It calculates present value, right-of-use assets, lease liabilities, amortization schedules, journal entries, lease classifications, and disclosure information under ASC 842, IFRS 16, and GASB 87. Its free plan focuses on single-lease calculations, while Pro adds portfolio management for teams handling multiple leases.
Pricing is straightforward. The Free plan costs $0 per month and includes saved leases, on-screen schedules, journal entries, disclosures, API access, and MCP access. The $39-per-month Pro plan adds a lease portfolio, Excel, CSV, and PDF exports, journal-entry and disclosure exports, lease modifications and remeasurements, higher API limits, and a hosted MCP server. The comparison table lists a 1,000 saved-lease limit, giving larger teams a defined capacity to assess before choosing the product.
Ledgerage fits teams that need core lease accounting across both major reporting standards and GASB 87 without starting with a paid subscription. Its API and MCP options also suit accounting workflows that connect to software or AI agents. The main trade-off is plan separation: portfolio work, exports, modifications, remeasurements, and higher API limits require Pro, while the free tier is centered on one lease at a time. Choose Ledgerage for broad standards coverage, recurring schedules, journal entries, disclosures, and a low monthly entry price; consider an alternative if you need capabilities beyond the 1,000 saved-lease limit or features outside its accounting-focused scope.
Ledgerage pros and cons
- Where it wins
- Free plan supports ASC 842, IFRS 16, and GASB 87
- Pro includes modifications, remeasurements, exports, and disclosures
- Supports web, API, and hosted MCP integrations
- Where it doesn't
- Free plan is limited to single-lease calculations
- Saved leases are limited to 1,000 on the published comparison table
- API access is metered, with higher limits reserved for Pro
Ledgerage fact sheet, pricing and score →
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