// Lease Accounting & Compliance

Lease abstraction for ASC 842 & IFRS 16 compliance.

LeaseAbstractors extracts lease terms, payment schedules, renewal and termination options, residual guarantees and discount-rate inputs from every lease in your portfolio, delivering the structured, page-cited data your lease accounting system and your auditors require.

AES-256 encryption
GDPR
Page-cited fields
Warehouse_Lease_2026.pdf
Lease
Lessor
Lessee
Commencement
Lease term
Payment schedule
Renewal option
Implicit rate
// The lease accounting gap

The standard is clear. The lease data is not.

ASC 842 and IFRS 16 put every lease on the balance sheet, but the inputs live in hundreds of PDF leases, amendments and side letters. Re-reading them by hand at adoption, at every modification and at every audit drains the accounting team and invites restatement risk.

Weeks per adoption or audit cycle

Accountants spend the bulk of ASC 842 implementation time locating leases and re-keying terms into the accounting system, work AI can do in minutes per lease.

Missed embedded terms

Renewal options buried on page 47, residual value guarantees in an exhibit, CPI escalators in a side letter, any one of them changes the liability calculation if missed.

Audit re-work costs

Auditors sample leases and trace every figure to the source document. Without page-cited abstracts, each request becomes hours of manual document hunting.

// With LeaseAbstractors

Payment schedules, options and rate inputs extracted in minutes, not weeks. Every lease, every field, with the source page recorded so your team can verify it against the document.

Try it free
// Document coverage

Every lease your accounting team must recognise

From real estate to equipment and vehicle fleets, LeaseAbstractors reads unstructured lease text and returns the clean, structured inputs your ASC 842 / IFRS 16 engine needs, without templates and without manual configuration per lease form.

Real estate leases & amendments

Recognition inputs and option judgments, all fields, every page

LeaseAbstractors reads office, retail, industrial and ground leases in any layout, extracting lessor and lessee, commencement and expiration, fixed and variable payment schedules, renewal and termination options with exercise terms, residual guarantees, initial direct costs and stated or implicit rate clauses.

lessorNorthwind Properties LLC
lesseeMeridian Services Ltd
commencement2026-01-15
lease_term96 months
renewal_options1 x 60 months
monthly_payment$41,250.00

Equipment & vehicle leases

Fleet schedules, copier and machinery agreements, asset descriptions, payment terms, purchase options and end-of-term obligations.

Amendments & modifications

Remeasurement triggers captured: changed payments, extended terms, partial terminations, linked to the parent lease record.

Embedded lease contracts

Service, logistics and IT agreements screened for embedded leases, identified assets and right-of-control language flagged for assessment.

Audit evidence packages

Page-cited abstracts that trace every recognised figure back to the source clause, ready for external-auditor sampling.

Subleases & intercompany leases

Sublease terms and intercompany arrangements abstracted for lessor-side classification and elimination entries.

// How it works

From lease file to recognition-ready data in four steps

No implementation consultants, no template maintenance. Upload your lease portfolio and receive structured, reviewable data your lease accounting engine can consume.

01

Ingest

Upload single leases, bulk zip archives or the entire lease repository. Email forwarding, SharePoint sync and API ingestion all supported.

02

AI abstracts & classifies

Models identify the document type, lease, amendment, embedded-lease contract, then extract every recognition input, recording the source page for each field.

03

Accounting team reviews

The abstract opens next to the source document with the page number for each field, so your team can check judgment items such as reasonably-certain renewal options and variable payment structures, and correct them before export.

04

Push to your systems

Export to Excel, CSV or JSON. Push to Visual Lease, ProLease, your ERP lease module or any lease accounting engine via API.

// Built for lease accounting teams

Precision extraction for balance-sheet recognition

Leases are dense, multi-page and non-standard. LeaseAbstractors is built for exactly this, reading payment tables across page breaks, interpreting defined-term cross-references and capturing the option language behind every term judgment.

Recognition input dataset
Payment schedules, term dates, options, incentives and residual guarantees extracted and indexed, ready to import into your ASC 842 / IFRS 16 calculation engine.
Discount-rate inputs
Stated interest rates, rate-implicit clauses, currency and term length captured per lease, the structured inputs your treasury team needs to assign incremental borrowing rates.
Term & option judgments
Renewal, termination and purchase options extracted with exercise windows, notice periods and penalties, the evidence base for reasonably-certain term assessments.
API-first integration
POST a lease, receive structured JSON. Feed your lease accounting software, ERP lease module or close-management platform in an afternoon.
Bulk adoption & remeasurement mode
Process the entire lease population overnight at adoption, then re-run individual leases on modification. Results consolidate into a single, merge-ready dataset.
POST /v1/extract, lease
{
  "document_type": "real_estate_lease",
  "fields": {
    "lessor": "Northwind Properties LLC",
    "lessee": "Meridian Services Ltd",
    "commencement": "2026-01-15",
    "lease_term_months": 96,
    "monthly_payment": 41250.00,
    "escalation": "CPI, 2.5% floor",
    "implicit_rate": null
  },
  "options": [
    { "type": "renewal",
      "term_months": 60,
      "notice_by": "2033-01-15",
      "source_page": 47 }
  ]
}
// Security & audit controls

The controls your auditors and security teams require

Lease data feeds the balance sheet, so the extraction layer is in scope for your control environment. LeaseAbstractors is built with the security posture and audit capabilities external auditors and enterprise security teams expect.

Request security pack
No attestation claimed

We hold no SOC 2 attestation or ISO 27001 certificate today and will not imply otherwise. Our current security documentation is available to your procurement team.

End-to-end encryption

TLS 1.3 in transit, AES-256 at rest. Every lease and every extracted dataset encrypted throughout.

Source page on every field

Each abstracted field records the page it came from, so a reviewer can trace any number back to the lease language behind it. We do not offer a tamper-evident audit log today.

Retention you control

Delete lease documents and source files from the workspace at any time, and ask us to remove everything after you leave.

Accounts & team access

Email and password sign-in with two-factor authentication, and per-team workspaces. We do not offer SSO/SAML or SCIM provisioning today.

GDPR & data-residency controls

EU and US data residency options, full data-subject request support and DPA available for GDPR Article 28 obligations.

Numbers that matter to controllers and auditors

<5 min
Per lease abstracted
92-98%
Field-level accuracy
5k+
Leases per adoption batch
0
Templates to maintain
// Get started

Ready to close the lease accounting data gap?

Start extracting ASC 842 and IFRS 16 inputs from your leases in minutes, or speak with our team about a full-portfolio adoption or remeasurement deployment.

// FAQ

Common questions from lease accounting teams

Not answered here? Speak with our lease-accounting solutions team directly.

Talk to our team

Which ASC 842 / IFRS 16 inputs does LeaseAbstractors extract?

LeaseAbstractors extracts lessor and lessee entities, commencement and expiration dates, fixed and variable payment schedules, escalation mechanics, renewal, termination and purchase options with exercise windows, residual value guarantees, incentives and initial direct costs, and stated or implicit rate clauses, across any lease layout, with no template required.

Can it handle scanned or decades-old lease documents?

Yes. Scanned and photographed pages are read directly by a vision AI model, including low-resolution scans and typewriter-era originals. Quality varies with the scan, so every extracted field is cited to its source page and your team can jump straight to the clause and verify it.

Does it help with the reasonably-certain lease term judgment?

LeaseAbstractors does not make the judgment for you, it extracts the evidence: every option, its term, exercise window, notice requirement and penalty, cited to the source page. Your accounting team applies the judgment with the full clause set in front of them.

Is lease content used to train AI models?

We do not use customer documents to retrain or improve LeaseAbstractors models. Extraction runs through a third-party model provider, so review their terms if you need a contractual no-training commitment. Leases are processed under data-processing isolation and you control how long they are retained.

Can I run LeaseAbstractors over our entire lease population at adoption?

Yes. Bulk ingestion accepts zip archives, SharePoint links or API-pushed batches of thousands of leases. LeaseAbstractors classifies each document, extracts recognition inputs per type, and consolidates results into a single exportable dataset ready for your calculation engine.

What certifications and compliance documentation is available?

LeaseAbstractors holds no SOC 2 attestation and no ISO 27001 certificate today, and we would rather say that plainly. We provide a Data Processing Agreement (DPA) for GDPR Article 28, a security questionnaire pack and audit-log exports suitable for SOX walkthroughs. Contact our team for the full compliance documentation set.