Enter your lease terms and instantly get a compliant ASC 842 / IFRS 16 amortization schedule, right-of-use asset value, and ready-to-post journal entries — exportable to Excel and PDF.
Get Instant Access — $39⚡ Works instantly in your browser — no account needed
Get an Excel and PDF schedule formatted for audit support — no reformatting, no manual rounding, no broken formulas.
Initial recognition and period-end entries for lease liability and ROU asset are generated for you — debit/credit ready.
Turn a 45-minute spreadsheet build into a 60-second calculation, so a single lease never holds up your month-end close.
Payment amount, lease term, payment frequency, discount rate, and any initial direct costs or incentives.
The tool computes your ROU asset, lease liability, full amortization schedule, and journal entries instantly.
Download your audit-ready schedule and entries and drop them straight into your workpapers.
Whether you're handling one office lease or a portfolio of equipment leases, get compliant numbers without rebuilding a spreadsheet every time.
Get Instant Access — $39Works instantly in your browser — no account needed
Yes. The calculator applies the present-value methodology required under both standards to compute the lease liability and right-of-use asset, with period-by-period interest accretion and asset amortization. You retain professional responsibility for classification and judgment, but the math is standards-aligned.
No. It runs entirely in your browser the moment you purchase — no login, no software install, no setup. Your lease inputs stay on your device.
You can export the full amortization schedule and journal entries to both Excel (.xlsx) and PDF, formatted so you can paste them directly into your audit workpapers.