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The Excel template that calculates ROU assets, lease liabilities, amortization schedules, and journal entries — so you can stay compliant without expensive software or recurring fees.
Most lease accounting tools are built for Fortune 500 companies. Small businesses and their accountants deserve a simpler path.
Lease accounting platforms charge $5,000–$50,000/year. That's not built for a company with 3–20 leases.
Present value calculations, amortization schedules, and journal entries done by hand are error-prone and tedious.
Get it wrong and face audit findings, restatements, and uncomfortable conversations with stakeholders.
No training required. Just enter your lease details and the template handles the rest.
Enter your lease terms once — the template automatically generates month-by-month amortization schedules for both ROU assets and lease liabilities.
Get ready-to-book journal entries for initial recognition, monthly amortization, and lease modifications. Copy them straight into your GL.
Produce the quantitative disclosures required by ASC 842 — maturity analysis, weighted-average calculations, and lease cost breakdowns.
Handles both lease classifications with proper accounting treatment. Lease modifications, remeasurements, and terminations are all covered.
Input lease start date, term, payment amount, escalations, and discount rate into the input tab.
The template auto-generates your amortization schedules, ROU asset balances, and liability rollforwards.
Copy journal entries to your GL and use the disclosure tab for your financial statement footnotes.
Everything you need for lease accounting compliance
One-time purchase · Free updates included
The template supports up to 50 individual leases out of the box.
No. The template runs entirely on native Excel formulas — no macros, VBA, or third-party add-ins required. Just download and start entering your lease data.
Yes. The template is built in accordance with the latest ASC 842 guidance from FASB, including proper treatment of initial recognition, subsequent measurement, lease modifications, and required disclosures.
Absolutely. If the template doesn't meet your needs, email us within 30 days for a full refund — no questions asked.
Join hundreds of accountants and business owners using this template to stay ASC 842 compliant — without the enterprise price tag.
Get the Template — $79