Introduction to Sage Intacct Lease Accounting
Lease accounting can get really complicated when you have lots of different leases across the whole business, especially since the FRS 102 changes at the start of 2026.
Sage Intacct Lease Accounting helps you manage your lease accounting requirements by automating all the admin and integrating directly with your financials.
In this article, we’ll go into more detail about Sage Intacct Lease Accounting, what it can do and how it helps you.
Lease Accounting Challenges
The changes to FRS 102 (effective 1st January 2026) introduced the requirement for entities to record the right-of-use (ROU) asset and lease liability on the balance sheet for all leases longer than 12 months and not classed as a small asset.
This adds a lot of extra work, as you need to calculate ROU and lease liability, make assumptions about future payments, and then adjust as needed. Manually recording all your leases in spreadsheets and creating all the journal entries takes a lot of time.
If this sounds like your current setup, then your business could be wide open to mistakes and risks associated with non-compliance.
That’s where Sage Intacct’s Lease Accounting tools come in.
“Around 20–50 leases is the point where spreadsheet management becomes operationally unscalable.” Deloitte – Lease Accounting Implementation.
Sage Intacct Lease Accounting
Sage Intacct Lease Accounting is an add-on module for Sage Intacct which supports lessees with regulatory compliance by automating lease accounting processes.
All you need to do is set up your leases and then the system automatically calculates ROU, lease liability and creates all journal entries for you.
Then, if any details change, such as lease term, rent increases or payment holidays, it just takes a few quick updates to the lease record, and the system automatically revises all calculations and schedules. That means no more manual updates when lease details change.
Features
- Calculates lease liability and ROU asset values.
- Generates monthly interest expense and depreciating entries.
- Compliant with IFRS, FRS, GAAP and US regulations.
- Generates payment schedules or allows import of custom schedules.
- Supports mid-lease terminations or changes.
- Allows the inclusion of taxes within the lease values.
- Integrated reporting functionalities.
Benefits
What sets Sage Intacct Lease Accounting apart from other solutions is its seamless integration with Sage Intacct core financials, without needing a 3rd party connector. This enables you to use the same chart of accounts, dimensions and reporting across all your financial management. Plus, all your journal entries pull straight through to the ledger without manual data entry.
- Value for money: Tiered pricing based on number of leases.
- Prevents mistakes: All calculations and journal entries are done for you.
- Saves time: Create new leases in 15 mins, followed by a quick review each month.
- Compliance: Supports you with regulatory responsibilities.
- Visibility: Get better insights into your lease obligations.
- Efficiency: Improved by 10x and reduces up to 90% of time usually spent managing leases in spreadsheets.
Get Software for Lease Accounting Compliance
Having a dedicated system for your leases can take a lot of the stress out of lease accounting compliance by handling all the admin for you.
If you’d like to know more about Sage Intacct Lease Accounting, get in touch and we’ll happily arrange a call or a demo to discuss the solution in more detail.
Lease Accounting FAQs
Is Sage Intacct Lease Accounting compliant with IFRS 16 and FRS 102 standards?
Yes, Sage Intacct’s Lease Accounting module is fully compliant with IFRS 16 and FRS 102. It’s continuously updated inline with the latest regulations to help prevent compliance and audit issues.
How can I automate lease accounting processes?
To automate your lease accounting processes, you’ll need a dedicated software solution like Sage Intacct Lease Accounting. It automates many of the time-consuming and error-prone processes, such as approvals, adjustments and calculating depreciation and interest.
How do large companies manage lease accounting at scale?
Most large companies and those with more than 5-10 leases use a dedicated lease accounting software solution to track and manage leases. This is because the task of lease accounting becomes more time-consuming and complex the more leases you have, so managing it in spreadsheets can increase the risk of mistakes and compliance issues.
Written by Jessica Allen, Marketing Executive at PKF Smith Cooper Systems
Reviewed by Nicholas Collyer, Sage Intacct Solutions Consultant at PKF Smith Cooper Systems
Last Reviewed: July 2026
