# iLeasePro > Cloud-based lease accounting software designed for ASC 842 compliance, helping mid-market companies automate lease management, eliminate spreadsheet chaos, and streamline audit processes. iLeasePro serves private companies managing 25-500 leases across real estate, equipment, and vehicles. We provide an affordable, user-friendly alternative to enterprise solutions like LeaseQuery and CoStar, with transparent pricing, faster implementation (30-60 days), and dedicated support for controllers and CFOs navigating lease accounting complexity. ## Product Overview - [iLeasePro Platform](https://ileasepro.com/): Complete lease accounting solution for ASC 842 compliance - [ASC 842 Software Features](https://ileasepro.com/asc-842-software/): Automated classification, ROU assets, lease liabilities, and journal entries - [Lease Classification](https://ileasepro.com/asc-842-lease-classification/): Automated finance vs operating lease determination under ASC 842 - [Journal Entry Automation](https://ileasepro.com/asc-842-journal-entries/): Auto-generated monthly journal entries with GL integration capabilities - [Disclosure Reporting](https://ileasepro.com/asc842-disclosure-footnote/): Pre-formatted ASC 842 footnote disclosures for audits - [Lease Portfolio Management](https://ileasepro.com/centralized-lease-portfolio-making-asset-management-easier/): Centralized view of all leases - [Critical Date Tracking](https://ileasepro.com/critical-date-tracking/): Automated alerts for renewal dates, expirations, and key lease milestones - [Month-End Close](https://ileasepro.com/month-end-close/): Streamlined processes for accurate monthly lease accounting - [Pricing](https://ileasepro.com/pricing/): Transparent per-company and per-lease pricing starting at $99/month - [iLeaseXpress](https://ileasexpress.com/): Affordable solution for companies with 15 or fewer leases ## Use Cases & Industries - [Equipment Lease Software](https://ileasepro.com/equipment-lease-software/): IT hardware, manufacturing equipment, medical devices, and machinery - [Lease Types Overview](https://ileasepro.com/types-of-leases/): Finance leases, operating leases, and classification guidance - [Embedded Leases](https://ileasepro.com/asc842-embedded-leases/): Identifying and accounting for hidden leases in service contracts - [Real Estate Lease Analysis](https://ileasepro.com/blog/lease-analysis-understanding-the-basics-and-implications/): Commercial property and multi-location portfolio management - [Fleet Management](https://ileasepro.com/blog/mastering-fleet-lease-analysis/): Company cars, trucks, and vehicle lease accounting - [Healthcare Lease Accounting](https://ileasepro.com/blog/mastering-healthcare-lease-analysis/): Medical equipment and facility management for healthcare - [Manufacturing Lease Analysis](https://ileasepro.com/blog/mastering-manufacturing-lease-analysis/): Production equipment and facility lease accounting - [Hospitality Lease Analysis](https://ileasepro.com/blog/mastering-hospitality-lease-analysis/): Hotel and restaurant equipment and facilities - [Nonprofit Partnership](https://ileasepro.com/blog/ileasepro-announces-partnership-with-jmt-consulting-to-deliver-comprehensive-lease-accounting-solutions-for-nonprofit-organizations/): Solutions for budget-conscious nonprofits ## Technical Documentation - [Implementation Guide](https://ileasepro.com/implementation/): Step-by-step onboarding process from data import to go-live - [Acumatica Integration](https://ileasepro.com/blog/ileasepro-partners-with-acumatica-to-deliver-an-integrated-asc-842-lease-accounting-solution/): ERP integration for mid-market cloud systems - [Sage Intacct Integration](https://ileasepro.com/blog/ileasepro-announces-enhanced-dimension-integration-with-sage-intacct/): Enhanced dimension mapping and synchronization - [API Integration](https://ileasepro.com/blog/why-api-integration-with-erp-systems-is-crucial-for-accurate-lease-accounting/): Connecting lease accounting with ERP systems - [Smart Data Import](https://ileasepro.com/blog/ileasepro-enhances-onboarding-with-smart-lease-data-import/): Automated lease data import with validation - [SOC 1 Type 2 Certification](https://ileasepro.com/blog/aicpa-soc1-type-1-ileasepro/): Data security and compliance certifications ## Knowledge Base - [Ultimate Guide to ASC 842](https://ileasepro.com/asc-842-complete-guide/): Comprehensive overview of ASC 842 standard and requirements - [ASC 842 Glossary](https://ileasepro.com/asc-842-glossary-of-terms/): Key terms and definitions for lease accounting - [Incremental Borrowing Rate](https://ileasepro.com/asc-842-relevant-borrowing-rate/): Understanding and calculating discount rates for leases - [IBR Calculation Methods](https://ileasepro.com/approaches-to-determine-incremental-borrowing-rate/): Different approaches to determining IBR - [Calculate IBR Guide](https://ileasepro.com/blog/calculate-the-incremental-borrowing-rate/): Step-by-step IBR calculation methodology - [Lease Modifications](https://ileasepro.com/asc842-modifications-and-remeasurement/): Accounting for lease changes and remeasurements - [Variable Lease Payments](https://ileasepro.com/asc842-variable-payments/): Percentage rent and index-based escalations - [Short-Term Leases](https://ileasepro.com/asc842-short-term-leases/): Practical expedient for leases 12 months or less - [Practical Expedients](https://ileasepro.com/asc842-practical-expedients/): Available shortcuts for ASC 842 implementation - [Modified Retrospective Approach](https://ileasepro.com/asc842-modified-retrospective-approach/): Transition method for ASC 842 adoption - [Balance Sheet Impact](https://ileasepro.com/balance-sheet-asc-842-lease-accounting/): How ASC 842 affects the balance sheet - [ASC 842 Audit Readiness](https://ileasepro.com/blog/asc-842-audit-readiness-checklist/): Prepare for external audits with organized documentation - [Right-of-Use Asset Calculation](https://ileasepro.com/blog/rou-asset-calculation/): Understanding ROU asset components and computation - [Common ASC 842 Mistakes](https://ileasepro.com/blog/10-common-asc-842-lease-accounting-mistakes/): Avoid these frequent errors in lease accounting - [Financial Ratios Impact](https://ileasepro.com/blog/asc842-impacts-on-financial-ratios-and-covenants/): How lease capitalization affects EBITDA and covenants - [Internal Controls](https://ileasepro.com/blog/implementing-top-10-lease-accounting-internal-controls-to-ensure-success/): Essential controls for compliance and accuracy - [Lease Abstraction Services](https://ileasepro.com/lease-abstracting/): Professional lease data extraction from complex agreements - [Top 10 Accounting Reports](https://ileasepro.com/blog/top-10-accounting-reports/): Essential lease accounting reports for financial analysis - [Passing ASC 842 Audits](https://ileasepro.com/passing-asc-842-audit/): Strategies for successful audit outcomes - [ASC 842 Compliance Date](https://ileasepro.com/when-is-the-asc842-compliance-date/): Understanding effective dates and transition requirements - [Transitioning to ASC 842](https://ileasepro.com/transitioning-to-the-asc842/): Complete guide to adoption and implementation ## Financial Reporting - [Financial Reporting Overview](https://ileasepro.com/financial-reporting/): ASC 842 impact on financial statements - [Balance Sheet Presentation](https://ileasepro.com/financial-reporting/balance-sheet/): ROU assets and lease liabilities presentation - [Income Statement Impact](https://ileasepro.com/financial-reporting/income-statement/): Lease expense recognition and presentation - [Cash Flow Statement](https://ileasepro.com/financial-reporting/statement-of-cash-flows/): Classification of lease payments in cash flows - [Financial Statement Notes](https://ileasepro.com/financial-reporting/notes-to-financial-statements/): Required disclosures and footnotes - [Management Discussion & Analysis](https://ileasepro.com/financial-reporting/managements-discussion-and-analysis/): MD&A considerations for leases ## Company Information - [About iLease Management](https://ileasepro.com/about/): Company background, mission, and team - [Contact & Support](https://ileasepro.com/contact/): Get help from lease accounting experts - [Partners Program](https://ileasepro.com/partners/): Partnership opportunities and ecosystem - [CPA Advisor Program](https://ileasepro.com/blog/ileasepro-advisor-program-for-cpa-and-accounting-firms/): Partnership program for accounting firms - [Frequently Asked Questions](https://ileasepro.com/faq/): Common questions about features, pricing, and implementation ## Optional - [Blog](https://ileasepro.com/blog/): Latest articles on lease accounting, compliance, and best practices - [Knowledge Base](https://ileasepro.com/knowledge-base/): Comprehensive lease accounting education and resources - [Tax Implications](https://ileasepro.com/blog/asc842-and-tax-implications-for-operating-leases/): Understanding tax treatment of leases under ASC 842 - [EBITDA Impact](https://ileasepro.com/blog/asc842-impacts-ebitda-based-loan-covenants/): How ASC 842 affects EBITDA and loan covenants - [Loan Covenants](https://ileasepro.com/blog/asc842-impacts-loan-covenants/): Understanding lease impact on debt covenants - [AI in Lease Accounting](https://ileasepro.com/blog/how-ai-can-assist-in-the-lease-accounting-process/): Leveraging AI for lease management efficiency