Lease Accounting Software: Be Audit Ready Anytime

As a lease accountant, you need a partner to help you close with confidence and deal with rapid change.

CoStar Real Estate Manager fits that bill. 

You'll spend less time on ASC 842 and IFRS 16 compliance, be audit-ready anytime and enjoy flexibility to account for real estate and equipment leases. Want a solution recommended by more advisory firms than any other lease accounting platform? Count on this one. 

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Costar Lease Accounting At CoStar

Why Lease Accountants Trust CoStar Real Estate Manager

Platform - Lease Accounting - Spend Less Time on ASC 842

Less Time on Compliance

With CoStar Real Estate Manager, you'll remeasure leases or perform retrospective adjustments without extra spreadsheets. You'll see how automation greatly minimizes manual calculations, errors and restatements. 

lease accounting platform controls

Respond to Audit Requests

Run standard reports in a click or drag-and-drop ad-hoc queries with audit details always included. Enterprise-class security and workflows ensure accountability and accuracy. Be ready to be always-ready.

lease accounting platform flexibility

Accounting Your Way

Want your teams more in sync? With CoStar, you'll map journal entries to different accounts or maintain multiple lease amortization schedules per lease. You'll also get unlimited users plus user-defined dashboards.


Lease accounting can be incredibly complex, particularly with respect to ASC 842 compliance...CoStar is very customizable and packed with a lot of both critical and helpful functions. I appreciate the option to use as many or as little of these features as the business needs.

Verified G2 Reviewer

Warehousing Industry

We migrated to Costar in 2017, and it has been a great experience. The 842 Accounting and the 842 Reporting works very well. We originally were tracking overage accrual in a multi-sheet manually. Now we track our overages and perform the monthly accrual within Costar.

Nancy E.

Enterprise Organization

I like how easy it is to use and how quickly we are able to create a journal entry. It helps us keep a great look on our leases, as well as automate our monthly journal entries.

Kelsey S.

Senior Accountant

Accounting Workflow and Automation 

The best lease accounting software has the most advanced automation to flow lease data from real estate, accounting and ops teams. 

Lease Accounting - Accounting Workflow

Lease Data Change Alerts

Lease accounting processes couldn't be more secure. Continuous rule-based monitoring of data changes instantly notifies managers to review and correct potential issues. 

Lease Change Alerts

Guaranteed Managed Integrations 

CoStar builds and monitors bulletproof connections to ERPs and other business systems to pay rent, post journal entries and produce audit-ready financial reporting. 

Lease Accounting - Journal Entry Report

Lease Accounting Software Tech Specs

Lease Accounting Resources from CoStar

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