Easy lease accounting and audit-ready compliance for ASC 842

GET STARTED WITH YOUR NETLEASE FREE ACCOUNT

NetLease Free is the simplified version of NetLease and 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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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.