NetLease by Netgain
by Netgain · Lease Accounting
Lease accounting software automating ASC 842, IFRS 16 and GASB 87 compliance.
- Works with
- NetSuite, QuickBooks Online, Other ERPs
- Deployment
- Cloud
- Pricing
- Tiered by lease count
Overview
NetLease is a lease accounting platform from Netgain that centralises lease management, amortization, and compliance reporting for organisations with lease portfolios of any size. It automates the calculations required under ASC 842, IFRS 16, GASB 87 & 96, and FRS 102, including right-of-use asset tracking, lease liability schedules, modifications, reassessments and early terminations.
NetLease is offered in two forms: a version built as a native SuiteApp embedded directly inside NetSuite, where lease records, amortization schedules and journal entries live entirely within NetSuite without any external sync, and an ERP-agnostic version for organisations on other systems, which connects via direct API integration to QuickBooks Online or exports journal entries to Excel for upload into other ERPs.
The product is used both by finance teams managing their own lease portfolios and by accounting and advisory firms consolidating leases across multiple clients. Netgain reports 150+ accounting and advisory firms and 50,000+ leases managed on the platform, with customers including Barracuda, Toast, and Avalara.
Screenshots & demo
Demo video hosted on YouTube.
Features & capabilities
Lease Management
Core administration of the lease lifecycle.
- New lease creation and administration
- AI-powered lease abstraction for automated data entry from lease documents
- Lease modifications and reassessments
- Early termination processing
- Payment tracking and history
Compliance & Calculations
Automated standard-compliant lease accounting calculations.
- ASC 842 compliance calculations
- IFRS 16 compliance calculations
- GASB 87 & 96 compliance calculations
- FRS 102 compliance calculations
- Right-of-use (ROU) asset tracking
- Automated amortization schedule generation
Reporting & Audit
Disclosure-ready reporting and audit support.
- Disclosure reports with standard-required footnotes
- Journal entry reports
- Audit trails
- Centralised, configurable dashboards
- Real-time lease data and reporting
ERP & GL Integration
Posting lease journal entries into the general ledger.
- Native embedded operation inside NetSuite (built as a SuiteApp)
- Direct journal entry posting to the NetSuite GL
- Multi-Book accounting support within NetSuite
- Multi-entity and multi-currency support
- Direct API integration with QuickBooks Online
- Excel export of journal entries for upload into other ERPs
Multi-Client & Portfolio Management
Tools for consolidating leases across entities or clients.
- Multi-subsidiary and multi-entity portfolio management
- Consolidated views for accounting/advisory firms managing multiple clients
- Foreign currency conversion
Common use cases
- Automating ASC 842 and IFRS 16 transition and ongoing compliance for a growing lease portfolio
- Posting lease journal entries directly to the NetSuite general ledger without spreadsheets
- Managing frequent lease modifications, reassessments and early terminations with automatic recalculation
- Consolidating lease accounting across multiple subsidiaries or business units
- Accounting and advisory firms centralising lease data and audit documentation across many clients
- Producing disclosure reports and audit trails ahead of a financial statement audit
- Connecting lease journal entries to QuickBooks Online or exporting to Excel for other ERPs
Strengths & considerations
Strengths
- Built directly as a native SuiteApp inside NetSuite, so lease records and journal entries live in the ERP itself rather than syncing through an external platform
- Upfront, lease-count-based pricing with a free tier, avoiding the quote-only pricing common among lease accounting competitors
- AI-powered lease abstraction to automate data entry from lease documents
- Focus on accounting and advisory firms as a distinct customer segment, with multi-client consolidation features
ERP integrations
Fully embedded within NetSuite; lease records, amortization schedules and journal entries post directly to the NetSuite GL with no external sync
Pricing
Upfront, tiered pricing based on the size of the lease portfolio, scaling automatically as lease count grows. A free tier is available covering up to 5 leases with no time limit. No published starting price for paid tiers; larger portfolios require contacting Netgain for a quote. Get an independent shortlist with pricing guidance below.
Technical & security
- Hosting
- SaaS
Alternatives to NetLease by Netgain in Lease Accounting
NetLease by Netgain — frequently asked questions
Does NetLease integrate with NetSuite?
Yes. NetLease is built as a native SuiteApp fully embedded within NetSuite, so lease records, amortization schedules and journal entries are created and posted directly to the NetSuite general ledger without any external sync.
How much does NetLease cost?
NetLease uses upfront, tiered pricing based on the number of leases in a portfolio, scaling automatically as the lease count grows. A free tier covering up to 5 leases is available, but pricing for larger portfolios is not published and requires contacting Netgain.
What lease accounting standards does NetLease support?
NetLease automates compliance with ASC 842, IFRS 16, GASB 87 & 96, and FRS 102.
Can NetLease be used with ERPs other than NetSuite?
Yes. NetLease connects to QuickBooks Online via direct API integration, and for other ERPs it exports journal entries to Excel for upload into the general ledger.
Evaluating Lease Accounting?
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