Audience
All UK and Ireland companies (which are not classified as Micro entities) who require to report their Balance Sheet
About Lease102
Lease102 is a lease accounting software designed for compliance with FRS 102 Section 20. It automates the accounting process using AI-powered data extraction, calculations, journal entries, and disclosure reports. Built for UK and Ireland businesses, this system utilizes native FRS 102 logic rather than adapting IFRS 16 standards.
The platform extracts key data from lease documents using AI technology, reducing manual input errors. Its calculation engine utilizes Bank of England SONIA and ECB €STR rates to determine appropriate discount rates. The system maintains a comprehensive seven-year audit trail that documents all lease modifications and calculations. Additional features include team collaboration tools, lease modification handling, expiration alerts, multi-currency support, and ERP integration options.
Lease102 provides enterprise-grade security with AES-256 encryption, TLS 1.3 protocols, and data storage in UK/EU jurisdictions, ensuring GDPR compliance and data protection.
Other Popular Alternatives & Related Software
iLeasePro
iLeasePro is an intuitive, cost-effective, and accurate cloud solution that simplifies the transition to and on-going Lease Accounting under the ASC 842 Standard for Lessees. Our cloud-based SaaS solution accounts for Operating, Finance and Short-Term leases to ensure accurate compliance with ASC 842 Standard. With iLeasePro, you can easily generate the amortization schedule, journal entries and financial disclosure reports required by auditors.
iLeasePro integrates with several accounting solutions to offer seamless uploading of journal entries into your general ledger.
In addition to the lease accounting features, iLeasePro offers you the ability to add unlimited number of users to your account who will have access to critical date tracking and notifications, uploading of electronic lease documents that are linked with a lease, portfolio management capabilities and over 50 standard lease accounting and lease administration reports
Learn more
Yardi Corporate Lease Manager
Corporate Lease Manager. Optimize efficiency, improve compliance and reduce risk with a comprehensive lease management solution. Corporate Lease Manager puts lease data and functionality at your fingertips. Deal management workflows, lease management functions and a FASB/IFRS compliant lease accounting system, now in one powerful platform. Lease Accounting. Trusted by over 5,000 major real estate businesses, Yardi brings focus and real estate accounting expertise to the corporate occupier market. Corporate Lease Manager is layered on our best-in-class real estate accounting platform which helps your organization comply with FASB ASC 842/IFRS 16 reporting guidelines, calculate present value and amortization schedules, generate payables and journal entries and process payments all on one single platform. Lease Management. Fresh and simple user interface with powerful features to manage your lease portfolio end-to-end. Manage all your real estate and equipment leases.
Learn more
Black Owl
Black Owl Systems offers advanced lease accounting software that streamlines lease management and ensures compliance with FASB ASC 842, IASB IFRS 16, and ASPE Section 3065. It features automated calculations, multi-currency support, comprehensive lease tracking, and robust reporting tools, enhancing efficiency and compliance.
Key Features of Black Owl Systems software
-Streamlines lease accounting, significantly reducing staff involvement.
-Supports FASB ASC 842, IASB IFRS 16, and ASPE Section 3065 standards.
-Automates calculations and postings with auditable journal entries.
-Provides compliance with US GAAP, IFRS, and ASPE accounting standards.
-Features multi-currency support with daily rate imports and month-end calculations.
-Allows allocation of lease costs to multiple centers, ventures, and objects.
Offers reliable audit trails for each lease change and full visibility of journal entries.
-Supports multiple companies and coding structures for multi-entity managemen
Learn more
Crunchafi Lease Accounting
Crunchafi Lease Accounting automates complex lease accounting processes for CPA firms, finance teams, and organizations managing multiple leases. The software simplifies compliance with ASC 842, GASB 87, 94, 96, and IFRS 16 standards, ensuring accurate reporting every time. Users can instantly generate journal entries, amortization schedules, and footnote disclosures—all audit-ready in minutes. Built-in AI lease abstraction automatically extracts key details like terms, start and end dates, and asset data directly from lease contracts. Dual Access functionality allows firms and clients to collaborate securely from a single dashboard, eliminating version control issues and spreadsheet confusion. With SOC 1 Type II and SOC 2 Type II certification, Crunchafi provides the highest level of data integrity and compliance assurance.
Learn more
Pricing
Starting Price:
from £20 per month
Pricing Details:
Lease102 Pricing Overview
Lease102 is a cloud-native lease accounting platform purpose-built for FRS 102 Section 20 compliance. It serves UK and Ireland SMEs facing the January 2026 mandatory adoption deadline with a subscription model designed to undercut incumbent providers by 70-80%.
Pricing Structure
Lease102 offers four subscription tiers with monthly and annual billing options. Annual billing provides a 17% discount (equivalent to two months free). All prices are listed in GBP; EUR and USD pricing is also available.
Starter — GBP 20/month or GBP 200/year
Designed for single-location businesses with small lease portfolios. The Starter tier includes up to 5 active leases, 2 user accounts, and 5 AI document extractions per month. Tenants select a single operating country (UK or Ireland) at signup. The plan includes full FRS 102 compliance calculations, lease modifications and terminations, a 7-year audit trail, Excel/CSV export, ERP integrations (Xero, Sage, Dynamics 365), email alerts, chatbot support, and live reference rate integration (Bank of England SONIA and ECB euro short-term rate). Email support is included.
Growth — GBP 49/month or GBP 490/year
Designed for growing businesses managing multiple locations or expanding lease portfolios. The Growth tier includes up to 25 active leases, 5 user accounts, and 25 AI document extractions per month. In addition to all Starter features, Growth adds batch import from Excel and CSV files. Single-country operations apply (UK or Ireland). Email support is included.
Professional — GBP 99/month or GBP 990/year
Designed for established businesses with complex, multi-jurisdiction lease portfolios. The Professional tier includes up to 75 active leases, 10 user accounts, and 100 AI document extractions per month. In addition to all Growth features, Professional adds multi-currency support (GBP, EUR, USD, JPY, AUD, CAD), multi-country portfolio management, REST API access with full OpenAPI documentation, phone support, and a one-hour onboarding session. The Professional tier is recommended for most mid-market businesses and delivers a 4-8x return on investment compared with manual compliance processes.
Enterprise — from GBP 500/month or from GBP 5,000/year
Designed for large organisations, accounting firms, and property investment companies. The Enterprise tier includes unlimited leases, unlimited user accounts, and unlimited AI document extractions. In addition to all Professional features, Enterprise adds a dedicated account manager, full migration support from legacy systems, white-label option, custom calculation methodologies, multi-tenant architecture for accounting firms, and a 99.9% uptime target. Enterprise pricing is volume-based and varies by lease count, user count, and support requirements.
Free Trial
Lease102 offers a 14-day free trial on the Professional tier. The trial provides full access to all Professional features including 75 active leases, 10 user accounts, and 100 AI extractions per month. No credit card is required to start the trial. After the trial period, accounts that have not subscribed to a paid plan enter view-only mode where existing data remains accessible but new leases and calculations cannot be created.
What All Plans Include
Every Lease102 subscription tier includes: FRS 102 Section 20 compliance calculations with paragraph-level audit references, lease modifications and early termination handling, a 7-year audit trail meeting Companies Act 2006 retention requirements, Excel and CSV export, ERP integrations (Xero, Sage 50, Sage 200, Microsoft Dynamics 365 Business Central), automated email alerts for lease expiration and rate changes, an AI chatbot assistant, and live reference rate integration with Bank of England SONIA and ECB euro short-term rate feeds.
Competitive Positioning
Lease102 is priced at GBP 200-990/year for SME tiers, compared with GBP 3,000-5,000/year charged by incumbent lease accounting platforms. The platform is purpose-built for FRS 102 (UK GAAP) rather than retrofitted from IFRS 16, eliminating unnecessary complexity for UK and Ireland entities. AI-powered document extraction, automated OBR calculations with live reference rates, and native ERP integrations are included in all tiers at no additional cost.
Lease102 is a cloud-native lease accounting platform purpose-built for FRS 102 Section 20 compliance. It serves UK and Ireland SMEs facing the January 2026 mandatory adoption deadline with a subscription model designed to undercut incumbent providers by 70-80%.
Pricing Structure
Lease102 offers four subscription tiers with monthly and annual billing options. Annual billing provides a 17% discount (equivalent to two months free). All prices are listed in GBP; EUR and USD pricing is also available.
Starter — GBP 20/month or GBP 200/year
Designed for single-location businesses with small lease portfolios. The Starter tier includes up to 5 active leases, 2 user accounts, and 5 AI document extractions per month. Tenants select a single operating country (UK or Ireland) at signup. The plan includes full FRS 102 compliance calculations, lease modifications and terminations, a 7-year audit trail, Excel/CSV export, ERP integrations (Xero, Sage, Dynamics 365), email alerts, chatbot support, and live reference rate integration (Bank of England SONIA and ECB euro short-term rate). Email support is included.
Growth — GBP 49/month or GBP 490/year
Designed for growing businesses managing multiple locations or expanding lease portfolios. The Growth tier includes up to 25 active leases, 5 user accounts, and 25 AI document extractions per month. In addition to all Starter features, Growth adds batch import from Excel and CSV files. Single-country operations apply (UK or Ireland). Email support is included.
Professional — GBP 99/month or GBP 990/year
Designed for established businesses with complex, multi-jurisdiction lease portfolios. The Professional tier includes up to 75 active leases, 10 user accounts, and 100 AI document extractions per month. In addition to all Growth features, Professional adds multi-currency support (GBP, EUR, USD, JPY, AUD, CAD), multi-country portfolio management, REST API access with full OpenAPI documentation, phone support, and a one-hour onboarding session. The Professional tier is recommended for most mid-market businesses and delivers a 4-8x return on investment compared with manual compliance processes.
Enterprise — from GBP 500/month or from GBP 5,000/year
Designed for large organisations, accounting firms, and property investment companies. The Enterprise tier includes unlimited leases, unlimited user accounts, and unlimited AI document extractions. In addition to all Professional features, Enterprise adds a dedicated account manager, full migration support from legacy systems, white-label option, custom calculation methodologies, multi-tenant architecture for accounting firms, and a 99.9% uptime target. Enterprise pricing is volume-based and varies by lease count, user count, and support requirements.
Free Trial
Lease102 offers a 14-day free trial on the Professional tier. The trial provides full access to all Professional features including 75 active leases, 10 user accounts, and 100 AI extractions per month. No credit card is required to start the trial. After the trial period, accounts that have not subscribed to a paid plan enter view-only mode where existing data remains accessible but new leases and calculations cannot be created.
What All Plans Include
Every Lease102 subscription tier includes: FRS 102 Section 20 compliance calculations with paragraph-level audit references, lease modifications and early termination handling, a 7-year audit trail meeting Companies Act 2006 retention requirements, Excel and CSV export, ERP integrations (Xero, Sage 50, Sage 200, Microsoft Dynamics 365 Business Central), automated email alerts for lease expiration and rate changes, an AI chatbot assistant, and live reference rate integration with Bank of England SONIA and ECB euro short-term rate feeds.
Competitive Positioning
Lease102 is priced at GBP 200-990/year for SME tiers, compared with GBP 3,000-5,000/year charged by incumbent lease accounting platforms. The platform is purpose-built for FRS 102 (UK GAAP) rather than retrofitted from IFRS 16, eliminating unnecessary complexity for UK and Ireland entities. AI-powered document extraction, automated OBR calculations with live reference rates, and native ERP integrations are included in all tiers at no additional cost.
Free Trial:
Free Trial available.
Company Information
Lease102
Founded: 2025
lease102.co.uk
Videos and Screen Captures
Lease102 Dashboard
Other Useful Business Software
Full-stack observability with actually useful AI | Grafana Cloud
Built on open standards like Prometheus and OpenTelemetry, Grafana Cloud includes Kubernetes Monitoring, Application Observability, Incident Response, plus the AI-powered Grafana Assistant. Get started with our generous free tier today.
Product Details
Platforms Supported
Cloud
Training
Documentation
In Person
Videos
Support
24/7 Live Support
Online
Lease102 Frequently Asked Questions
Lease102 Product Features
Lease Accounting
Amortization Schedule
Billing & Invoicing
Budgeting & Forecasting
Capitalization Reporting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management
Asset Management
Tax Management
