Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Lease102 is a specialized lease accounting software tailored to ensure adherence to FRS 102 Section 20, streamlining the accounting workflow through AI-driven data extraction, calculations, journal entries, and disclosure reports. Designed specifically for businesses in the UK and Ireland, this platform employs FRS 102 logic directly, rather than modifying it to fit IFRS 16 standards. By harnessing advanced AI technology, it efficiently extracts crucial information from lease agreements, minimizing the potential for human error associated with manual data entry. The calculation engine incorporates the Bank of England SONIA and ECB €STR rates to calculate suitable discount rates accurately. Additionally, it maintains an extensive seven-year audit trail that records all lease alterations and computations, enhancing transparency and accountability. Among its other valuable features are tools for team collaboration, management of lease modifications, alerts for expiration, support for multiple currencies, and options for integration with ERP systems. Furthermore, Lease102 prioritizes security by implementing AES-256 encryption, utilizing TLS 1.3 protocols, and ensuring data storage within UK/EU regions, thus upholding GDPR compliance and safeguarding sensitive information. This holistic approach not only simplifies the lease accounting process but also reinforces the trust businesses place in their financial reporting.
Description
LeaseAccounting.app is a self-serve IFRS 16 and FRS 102 lease accounting platform built for finance teams who want audit-ready compliance without spreadsheets, implementation consultants, or six-figure setup costs. Made by ZenTreasury Oy in Helsinki, Finland with EU-only data hosting. Designed for SMEs reporting under IFRS 16 or FRS 102 (UK GAAP), typically managing 5 to 50 leases. The platform generates complete lease schedules, journal entries, modifications, remeasurements, terminations, and one-click audit evidence packs from any lease contract. AI-assisted contract extraction reads your PDFs and proposes lease terms with confidence scoring; you approve, and the deterministic calculation engine produces the numbers. Same inputs, same outputs, every time. Zen AI is advisory only and never touches a calculation. Other features: Discount Rate Advisor pulls reference rates from central bank sources and drafts a rate memo for review; continuous compliance monitoring flags indexations due, expiring leases, and overdue reassessments; multi-entity bookkeeping from day one; auditor portal access with activity logging (coming soon); journal export to SAP, Oracle, Dynamics, and NetSuite formats; Azure AD / Entra ID SSO with JIT provisioning. Pricing: free tier covers 2 leases with no credit card required. Paid plans start at €149 per month with no per-seat pricing and generous team access included on every tier. Differentiation: built IFRS-first (not ASC 842-first), EU-hosted, fully implemented FRS 102, and self-serve onboarding. The trusted alternative to spreadsheet-based compliance and consultant-heavy enterprise lease tools.
API Access
Has API
Yes
API Access
Has API
Yes
Integrations
Google Workspace
No
Microsoft 365
No
Microsoft Dynamics 365
Yes
Microsoft Entra ID
No
Sage 200
Yes
Sage 50
Yes
Xero
Yes
Integrations
Google Workspace
Yes
Microsoft 365
Yes
Microsoft Dynamics 365
No
Microsoft Entra ID
Yes
Sage 200
No
Sage 50
No
Xero
No
Pricing Details
from £20 per month
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
Yes
Free Version
No
Pricing Details
$0 per month (free tier)
Free: 2 leases, no card required. Starter €149/month (25 leases). Growth €349/month (100 leases). Pro €699/month (250 leases). Annual billing available.
Free Trial
Yes
Free Version
Yes
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
Yes
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
Lease102
Founded
2025
Website
lease102.co.uk
Vendor Details
Company Name
ZenTreasury Ltd
Founded
2016
Country
Finland
Website
leaseaccounting.app/
Product Features
Lease Accounting
Amortization Schedule
Yes
Asset Management
No
Billing & Invoicing
Yes
Budgeting & Forecasting
Yes
Capitalization Reporting
Yes
Critical Date Alerts
Yes
Expense Tracking
Yes
For Equipment Leases
Yes
For Real Estate
Yes
Payment Tracking
Yes
Portfolio Management
Yes
Tax Management
No
Product Features
Lease Accounting
Amortization Schedule
Yes
Asset Management
Yes
Billing & Invoicing
No
Budgeting & Forecasting
No
Capitalization Reporting
Yes
Critical Date Alerts
Yes
Expense Tracking
Yes
For Equipment Leases
Yes
For Real Estate
Yes
Payment Tracking
Yes
Portfolio Management
Yes
Tax Management
Yes
