Lessee Accounting Software.
We customize lease accounting solutions to meet you and your business needs.

Lessee Accounting Standards.
Streamline compliance, simplify operations, and empower your business – our advanced lessee accounting features deliver.
Financial Accounting Standards Board
Lease Types (ASC 842)
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Operating Lease
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Finance Lease
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Low Value
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Non Lease Contracts
International Accounting Standards Board
Lease Types (IFRS 16)
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Standard
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Low Value
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Short Term
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Non Lease Contracts
Canadian Accounting Standards for Private Enterprises
Lease Types (ASPE 3065)
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Capital
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Operating
Lessee Accounting Simplified
Black Owl streamlines lessee accounting from end-to-end.
We automate calculations, ensure compliance, and provide a single source of truth for all your lease data.
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Classify Leases
Automatically classify leases (operating, finance, standard).
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Capture Data
Capture all contract details (term, payments, options).
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Recognize Liabilities
Accurately recognize lease liabilities and right-of-use assets.
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Generate Entries
Automatically generate journal entries for all transactions.
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Report Seamlessly
Generate financial statements and disclosures for ASC 842 and IFRS 16. Access reports instantly.
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Integrate Easily
Seamlessly integrate with your general ledger.
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Support
Our experts guide you throughout the process.
Experience Black Owl’s powerful lessee accounting solution. Reduce complexity, save time, and achieve compliance with ease.
Fast, Stress Free
Implementation
- Small businesses can be up and running within weeks
- Larger organizations typically be live in one to two months
- Our cloud platform can be delivered, ready to load leases in days
- Ready-to-go templates to load your master data and existing leases
- Our accounting experts guide you every step of the way
Lessee Accounting Software: Simplifying Lease Management for Lessees
In the complex world of lease accounting, lessees face unique challenges. Black Owl Systems offers a specialized Lessee Accounting Software solution, designed to simplify lease management and ensure compliance with relevant accounting standards like ASC 842 and IFRS 16.
Streamlined Lease Management for Lessees
Our software is tailored to the specific needs of lessees, providing an intuitive platform for managing all aspects of lease accounting. From initial recognition to ongoing measurement, our system handles every detail with precision and ease.
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Automated Lease Calculations
Simplify the complexities of lease calculations, including Right-of-Use (ROU) assets and lease liabilities.
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Compliance with ASC 842 and IFRS 16
Stay compliant with current lease accounting standards, reducing the risk of errors and non-compliance.
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Integration with Existing Systems
Seamlessly integrate with your current ERP systems, ensuring smooth data transfer and minimal disruption.
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User-Friendly Interface
Navigate through a clear, intuitive interface designed for ease of use, regardless of your accounting expertise.
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Detailed Reporting and Analysis
Generate comprehensive reports for internal analysis and external reporting, enhancing transparency and decision-making.
Transformative Lease Management Solutions for Lessees
Black Owl’s Lessee Accounting Software transforms the way lessees approach lease accounting. From small businesses to large corporations, our solution adapts to your unique leasing portfolio, offering features like:
- Multi-Currency Transactions: Handle leases across different currencies effortlessly.
- Audit Trail Capabilities: Maintain detailed records for auditing purposes, ensuring full traceability of all transactions.
- Real-Time Visibility: Gain immediate insights into your lease portfolio, enabling proactive management and strategic planning.
Choosing Black Owl for Lessee Lease Accounting
Choosing the right lease accounting software is crucial for effective lease management. Black Owl Systems provides advanced software solutions and partners with you to ensure successful implementation and ongoing support.
Connect with Us for a Tailored Lessee Accounting Solution
Discover how Black Owl’s Lessee Accounting Software can revolutionize your lease management process. Contact us for a personalized demonstration and see firsthand how our software can meet your specific lessee accounting needs.
Lessee Accounting Requirements
Black Owl
- Low Value
- Finance Lease
- Operating Lease
- Non Lease Contracts
- Standard
- Low Value
- Short Term
- Non Lease Contracts
- Capital
- Operating