ROU Asset review
A focused ASC 842 platform with AI extraction, reporting, and accounting-system integrations.
Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
ROU Asset is lease-accounting software for organizations managing leases under ASC 842. It supports both finance and operating lease workflows, including five-test classification, amortization schedules, balanced journal entries, general-ledger exports, and disclosure reporting. AI-assisted lease-document extraction, alerts, audit trails, and transition onboarding extend the product beyond basic schedule generation. It is best suited to accounting teams that need a focused ASC 842 workflow connected to existing finance systems.
Pricing is structured around a useful free tier and a single paid tier. The Free plan costs $0 forever and supports up to five leases, with ASC 842 classification, schedules, journal entries, AI lease-document extraction, CSV/XLSX GL export, six reports, a locations dashboard, alerts, and an audit trail. Pro costs $99 per month when billed monthly or $999 per year when billed annually. It adds unlimited leases and users, a custom template builder for GL exports, lifecycle events, and the same core ASC 842 accounting capabilities. The paid tier is the practical choice for teams managing more than five leases or needing broader export and lifecycle functionality.
ROU Asset’s ecosystem fit is a central strength. It offers exports and integrations for QuickBooks Online, Xero, NetSuite, Odoo, Sage Intacct, and Microsoft Dynamics 365, alongside CSV and XLSX support. Its read-only REST API and MCP server provide programmatic access, while the web and API platforms support different operating preferences. Lease modifications, reassessments, impairments, terminations, and transitions cover important ongoing events, and maturity, roll-forward, and disclosure reports support recurring close and reporting work. Teams working under ASC 842 and seeking accounting integrations should consider ROU Asset; organizations requiring IFRS 16 should look elsewhere for now.
ROU Asset pros and cons
- Where it wins
- Free plan includes classification, schedules, journals, and AI extraction
- Integrates with QuickBooks Online, Xero, NetSuite, and more
- Supports modifications, reassessments, impairments, and disclosures
- Where it doesn't
- Free plan is limited to five leases
- IFRS 16 is not currently supported
- Read-only API limits write-back automation
ROU Asset fact sheet, pricing and score →
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