LeaseGuru review

LeaseGuru is the lightweight sibling of LeaseQuery, built for companies whose lease count fits on one hand or two. You enter lease terms and payments, and it calculates right-of-use assets and lease liabilities, then produces amortization schedules, monthly journal entries and pre-built quantitative disclosures under ASC 842 or IFRS 16. Everything exports to Excel, and a guest user seat lets an auditor view the numbers directly. FinQuery says the calculations are reviewed by its in-house CPAs. The pricing is the clearest in this category: Basic is free for 2 leases, Premium costs $1,099 per year for 10 leases and $1,925 per year for 15, and CPA firms can buy multi-company plans. The limits are real. Plans are lessee only, the ceiling is 15 leases per company, and anything beyond that sends you to LeaseQuery on a quote. For a company with a few office and equipment leases, that trade is usually fine.

Who it is for

Small companies with 15 leases or fewer

Price

Free Basic plan for 2 leases; Premium $1,099 per year for 10 leases or $1,925 per year for 15 leases.

PREMIUM 10 leases $1099 per year
Quoted from the vendor pricing page on November 11, 2026.

Key features

• Automated amortization schedules with export to Excel
• Monthly journal entries for the whole organization or by individual lease
• Pre-built quantitative disclosure reports with lease cost, cash flow and weighted average lines
• ASC 842 or IFRS 16 calculations reviewed by FinQuery's in-house CPAs
• Guest user access so auditors can view journal entries

Strengths and weaknesses

• Strength: Basic plan is free for 2 leases
• Strength: Published prices: $1,099 per year for 10 leases
• Strength: Upgrade path to LeaseQuery when the portfolio grows
• Weakness: Premium tops out at 15 leases per company
• Weakness: Lessee accounting only; lessor accounting needs LeaseQuery
• Weakness: Separate multi-company plans are needed for CPA firms serving several clients

Key facts

• Free plan: Yes, 2 leases
• Paid plans: $1,099/yr for 10 leases, $1,925/yr for 15 leases
• Standards: ASC 842 or IFRS 16
• Users: 5,000+ companies, per FinQuery

Where it ranks

LeaseGuru is No. 2 in our Best Lease Accounting Software verdict.