LeaseQuery by FinQuery
by FinQuery · Lease Accounting
Cloud lease accounting software that automates ASC 842, IFRS 16 and GASB 87 compliance.
- Works with
- NetSuite, Sage Intacct, SAP, Oracle, Microsoft Dynamics
- Deployment
- Cloud
- Company size
- Small business, Mid-market, Enterprise
- Pricing
- Quote-based
Overview
LeaseQuery, powered by FinQuery, is a cloud-based lease accounting platform that centralizes lease data and automates compliance with modern lease accounting standards, including ASC 842, IFRS 16, GASB 87/96, SFFAS 54 and FRS 102. It targets corporate accounting teams that need to calculate right-of-use (ROU) assets and lease liabilities, generate amortization schedules and journal entries, and produce audit-ready disclosure reports.
The platform acts as a lease subledger that sits alongside a company's ERP or general ledger, ingesting lease data (via AI-assisted document abstraction or manual entry) and pushing calculated journal entries into the accounting system. FinQuery offers a dedicated native NetSuite version (LeaseQuery for NetSuite, built as a SuiteApp on SuiteCloud, following its 2022 acquisition of Crowe Lease Accounting Optimizer) as well as integrations to other major ERPs including Sage Intacct, SAP, Oracle, Microsoft Dynamics, Workday and Acumatica.
FinQuery also sells adjacent products for prepaid expense amortization, contract and accrual management, and equipment/vehicle leasing, with LeaseQuery/lease accounting as its original and core product line.
Screenshots & demo
Demo video from the vendor's YouTube channel.
Features & capabilities
Lease Accounting & Compliance
Automated calculations for multiple lease accounting standards.
- ASC 842, IFRS 16, GASB 87/96, SFFAS 54 and FRS 102 support
- Automated ROU asset and lease liability calculations
- Finance vs. operating lease classification
- Dual-standard reporting (e.g. IFRS 16 and FRS 102 simultaneously)
- Amortization schedule generation
Journal Entries & GL Integration
Posting calculated lease entries to the general ledger.
- Automated journal entry generation
- Automated ERP posting ("Automated Journal Entry") for connected systems
- Configured journal entry export files for manual import to other ERPs
- Journal entry locking controls
- Reconciliation support against GL balances
Lease Data & Document Management
Centralized repository and AI-assisted abstraction of lease documents.
- Centralized lease document repository
- AI-assisted lease abstraction from uploaded contracts/email
- Critical date reminders for renewals and expirations
- Multi-currency support with FX handling
- Role-based access controls and audit trail
Reporting & Disclosures
Audit-ready reporting for financial statement disclosures.
- 100+ standard reports with a customizable reporting studio
- Quantitative disclosure reports
- Roll-forward and historical reporting
- Read-only auditor access
NetSuite-Native Capabilities
Features specific to LeaseQuery for NetSuite, a native SuiteApp.
- Runs natively inside NetSuite (SuiteCloud platform)
- Uses NetSuite's native chart of accounts, vendors, departments, classes and locations
- Direct journal entry posting inside NetSuite
- Lease payments issued to lessors from within NetSuite
Common use cases
- Calculating ROU assets and lease liabilities for ASC 842 or IFRS 16 transition and ongoing compliance
- Posting monthly lease journal entries automatically into NetSuite, Sage Intacct or another ERP's general ledger
- Centralizing scattered lease contracts and spreadsheets into a single auditable subledger
- Producing disclosure reports and roll-forwards for external auditors without manual spreadsheet work
- Managing government/public-sector lease compliance under GASB 87 or GASB 96
- Tracking critical lease dates (renewals, expirations, escalations) across a large lease portfolio
- Running dual-standard reporting for multinational entities needing both IFRS 16 and local GAAP (e.g. FRS 102)
Strengths & considerations
Strengths
- Native SuiteApp for NetSuite (LeaseQuery for NetSuite) built directly on SuiteCloud rather than a bolt-on integration, following FinQuery's acquisition of Crowe Lease Accounting Optimizer
- Staffed by 40+ in-house accountants who inform the calculation engine and provide daily customer support office hours
- Supports five accounting standards (ASC 842, IFRS 16, GASB 87/96, SFFAS 54, FRS 102) including simultaneous dual-standard reporting
- Tiered product line (LeaseGuru free tool, LeaseQuery Essential, full LeaseQuery, LeaseQuery for NetSuite) to fit portfolios from under 10 leases to enterprise scale
ERP integrations
Built on SuiteCloud; posts lease journal entries directly using NetSuite's native chart of accounts, vendors, departments, classes and locations
Automated journal entry posting to Sage Intacct; listed on the Sage Intacct Marketplace
Automated or configured journal entry export to SAP ERP/HANA general ledger
Supports Oracle Fusion Cloud ERP and Oracle PeopleSoft journal entry posting
Pricing
Pricing is not publicly listed and requires a demo/quote request; priced by lease portfolio size and modules. FinQuery also offers a free entry-level tool (LeaseGuru) for portfolios under 10 leases. Get an independent shortlist with pricing guidance below.
Technical & security
- Hosting
- SaaS (AWS-hosted)
- Compliance
- SOC 1 Type 2
Alternatives to LeaseQuery by FinQuery in Lease Accounting
LeaseQuery by FinQuery — frequently asked questions
Does LeaseQuery integrate with NetSuite?
Yes. LeaseQuery for NetSuite is a native SuiteApp built on SuiteCloud that runs directly inside NetSuite, using its native chart of accounts, vendors, departments, classes and locations, and posts lease journal entries without leaving the NetSuite interface.
Does LeaseQuery integrate with Sage Intacct, SAP or Oracle?
Yes. LeaseQuery connects to Sage Intacct, SAP ERP/HANA, Oracle Fusion Cloud ERP, Oracle PeopleSoft and Microsoft Dynamics, either posting journal entries automatically or generating a configured file matching the ERP's import template for manual upload.
How much does LeaseQuery cost?
FinQuery does not publish LeaseQuery pricing. It is quote-based, typically scoped to the size of a company's lease portfolio and the modules selected; a free tool (LeaseGuru) is available for portfolios under 10 leases.
What accounting standards does LeaseQuery support?
LeaseQuery supports ASC 842 (US GAAP), IFRS 16, GASB 87 and GASB 96 (US government), SFFAS 54 (federal), and FRS 102 (UK GAAP), including dual-standard reporting for entities that must report under more than one standard.
Evaluating Lease Accounting?
Tell us your ERP and requirements and we'll send an independent shortlist — including LeaseQuery by FinQuery and the best-fit alternatives — with honest pros and cons.