Easy lease accounting and audit-ready compliance
for ASC 842

NetLease is the ERP-agnostic power tool accountants need to manage leases in-house with easy modifications, decreases in scope, ROU impairments, lease balance roll-forward and waterfall reporting.

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NetLease is the proven accounting solution

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We help you efficiently manage lease accounting
ERP Agnostic
Automated
Compliant
Audit-ready
Time-saver
Affordable
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Trusted by hundreds of public and
private organizations world-wide

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See NetLease in action

Lease page showing all current leases

Create new lease by inputing name, type, classification, start date, length, rate, and payments

When creating a lease, input payment timing in advance or in arrears

With inputs complete, amortization schedule is generated instantly

Once a lease is created, modifications may be made

With modification inputs, the amortization schedule is automatically updated

Input lease data and have the system determine lease classification for you. 

Journal entry reports in excel can be created with just a few clicks

Required disclosures are also available with just a few clicks for all leases

Export disclosure report to Excel

Easily manage lease accounting, no matter your ERP

Easy setup and flexible configuration

Getting started is simple. Collect your lease data and import via CSV into a clean user interface. Businesses with less than 50 leases can be compliant in as little as three hours.

Powerful lease reporting

Comprehensive reporting provides visibility into your leases throughout the entire lease lifecycle. From configuration to termination, and all the monthly transactions in between, you can make informed decisions using real-time information and forecast based on trends.

Push-button reporting

Out-of-the-box reports for disclosures, journal entries and balance roll forward are easy to run and always at the ready

Compliant with IFRS 16, ASC 842 and GASB 87 requirements

Purpose-built by ex-big 4 CPAs and experts in lease accounting to comply with the disclosure and operational requirements of the new accounting standards. We have customers audited by each of the big 4 audit firms, who have signed off on the accounting and disclosures produced by NetLease.

Supports lease reporting and decision making throughout the entire lease lifecycle

Access reporting and analysis at your fingertips so you can choose what contracts to pursue, modify or renew

Robust audit trail

Our click-by-click audit trail provides detailed tracking to easily create detective controls within your internal control environment. Includes time and date stamp, shows changes made and identifies the user who made them.

Capture financial and non-financial data

Capture additional detail and forms on the lease record including contract provisions, key dates and added links

Real-time visibility

Information is accessible anytime, anywhere in the cloud, so updates are immediately reflected in reporting and disclosures

Lease classifications

Manage the determination of lease classification — financing vs operating. Just enter the variables and NetLease will automatically determine the right classification.

Netgain’s ongoing support

Easy set-up, training and access to our knowledge-base developed by our experts. With optional technical and accounting consulting services, Netgain’s customers are a satisfied group. We share our product roadmap with customers, outlining enhancements and new features, often based on user feedback.

Get started with NetLease today

NetLease Free

Free

FREE/mo

  • 3 leases included
  • Unlimited users
  • Fully GAAP, IFRS and GASB compliant
  • Self-service installation and setup
  • Knowledge base access

NetLease Standard

$74/mo    $888 billed annually

  • 10 leases included
  • $74 per 5 additional leases
  • Modifications
  • Contract provisions and notifications
  • Lease classification determination
  • Discount rate calculator with Rate implicit and Risk-free rate
  • Disclosure reporting including roll-forward and waterfall
  • Access to Netgain SOC1
  • Self-service installation and setup
  • Optional full-service installation and setup
  • Knowledge base access

NetLease Premium

Call for pricing

  • Up to unlimited leases
  • The most efficient pricing per 5 additional leases
  • Full-service implementation
  • Knowledge base access
Features

NetLease Free

  • Generate amortization schedules
  • Disclosure reporting for ASC 842, IFRS 16 and GASB 87
  • Summary and detailed journals
  • Access to Netgain knowledge base
  • Segregate leases by type
  • Support for operating, financing, short term and operating sublease
  • Create and populate additional notes and fields
  • Generate and adjust lease amortization schedules
  • Automatically adjust schedules for pre-paid lease payments, initial direct costs and lease incentives
  • Input variable payments
  • Complete audit trail
  • Capture department class location and other segmentation information
  • Calculate payments in advance or arrears
  • Upload agreements and any other documents to lease record
  • Early terminations

NetLease Standard

Includes all NetLease Free features while adding:

  • Standard lease modifications
  • Decreases in scope
  • ROU impairments
  • Capture additional disclosures including residual values and variable rates
  • Capture and report on all key contract provisions, associated dates and amounts, including renewals, terminations, insurance and other key clauses
  • Capture details of exercised contract provisions
  • Access to Netgain SOC1
  • Lease proposals and automated classification determination
  • Additional custom lease types

NetLease Premium

Includes all NetLease Standard features

Reporting

NetLease Free

  • Journal entry reports
    1. Summary and detail periodic GL impact report
    2. Short-term reclass report
  • Disclosure reports
    1. Components of lease cost
    2. Lease liability maturity analysis
    3. Supplemental balance sheet information
    4. Supplemental cash flow information
    5. Weighted average discount rate and term reports

NetLease Standard

Includes all NetLease Free features while adding:

  • Lease balance roll forward reporting
  • Lease expense and payment waterfall reporting
  • Subledger reports
    1. Full subledger amortization schedules
    2. Lease expense, interest, payment waterfall reports
    3. Lease activity report for amortization, modification and termination activity report
  • Other management reports
    1. Lease additions
    2. Leases expiring within 90 days
    3. Contract provisions key dates coming due

NetLease Premium

Includes all NetLease Standard reporting

Support

NetLease Free

  • Self-service installation and setup
  • Knowledge base access

NetLease Standard

  • Self-service installation and setup
  • Knowledge base access

NetLease Premium

  • Enhanced support customized to your needs
  • Full-service implementation with a lease accounting expert
  • Access to product road map
  • Email reply guaranteed within two business days
  • Knowledge base access

View a 3 min demo to see it in action

VIDEO DEMO

Still have questions?

TALK TO US
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View a 3 min demo to see it in action

VIDEO DEMO

Still have questions?

TALK TO US
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