Steda

Leases and loans

Lease accounting software for QuickBooks, with no fee per lease

Right-of-use asset and lease liability under Accounting Standards Codification 842, the rollforward an auditor asks for, and the monthly entry posted into QuickBooks Online or QuickBooks Desktop. Your notes payable run on the same effective-interest engine, and the price does not move with the number of leases.

$199 a month for the first entity, $129 for each additional. Unlimited users, both connectors, and the close. Annual billing is two months free.

Every figure, implementation included →

Steda Registers. Buying both products costs less than buying them separately.

LSE-0104 Warehouse space · Lease liability schedule

PeriodPaymentInterestLiability reductionClosing liabilityStatus
April 20264,200.00819.353,380.65160,489.23Closed
May 20264,200.00802.453,397.55157,091.68Closed
June 20264,200.00785.463,414.54153,677.14Closed
July 20264,200.00768.393,431.61150,245.53Closed
August 20264,200.00751.233,448.77146,796.76Closed
September 20264,200.00733.983,466.02143,330.74Open
Effective interest at a stated rate. The right-of-use asset moves with the liability every month it is measured against. Sample data.

The spreadsheet that nobody wants to inherit

Lease schedules are kept in a workbook one person built, with the accretion in a formula column and the remeasurement done by hand the one time it happened. It works until the person leaves, the auditor samples it, or a landlord changes a term mid-year and the opening balance stops tying.

The dedicated lease tools solve that and charge by the lease, which is fine at three leases and expensive at forty. Steda puts the lease register beside the fixed assets, the prepaid schedules and the renditions, on one close, at one price.

What it does

From the terms to the disclosure

The classification, then the schedule

Operating or finance, with the test recorded rather than assumed. The schedule runs on effective interest from the term, the payments, the rate and the incentives you enter.

Right-of-use asset and lease liability

Both carried on the register, remeasured when the terms change, with the entry posted back to QuickBooks each month.

The rollforward

Opening, additions, accretion, payments, remeasurements and closing, which is the schedule an auditor asks for and the one a spreadsheet loses first.

Loans on the same engine

Notes payable amortise through the same effective-interest code as the leases, so the interest and principal split is worked out once and tested once.

The price

Why the lease count does not change the bill

Every figure Steda charges is published. Where a competitor quotes rather than publishes, this page says so instead of inventing a number for them.

See the whole price list, implementation ladder included.

  • No per-lease fee. The lease register is one of four registers inside Steda Registers, and the price does not move with the lease count.
  • The lease tools in this market mostly meter by lease count, from roughly a hundred dollars a month for a handful of leases upward, and the ones aimed at firms quote rather than publish.
  • Implementations in the dedicated lease market are quoted, sometimes into five figures. Steda publishes an implementation ladder that starts at nothing.
  • Period close, the locked month and the audit trail are in every Steda price rather than on an upper tier.

Questions

Does it handle Accounting Standards Codification 842?

Yes. Classification, the right-of-use asset and the lease liability, effective-interest accretion, remeasurement when the terms change, and the rollforward and maturity schedules the disclosure needs. Short-term leases can be taken under the practical expedient and recorded as such.

Is there a charge per lease?

No. Steda Registers is $199 a month for the first entity and $129 for each additional entity, whatever the lease count. The only volume meter in the product is on fixed assets, where 1,000 are included per entity.

Can we bring leases across mid-life?

Yes, and most companies do. Upload the leases with their current balances and the schedule picks up from where it is, with the opening right-of-use asset and liability tied out. That tie-out is what the assisted implementation rung covers.

Does it post to QuickBooks Desktop?

Yes, including Enterprise, through the Web Connector, and to QuickBooks Online on any plan. Or download the journal entry as a file and import it yourself: every flow works with the connectors off.

What about the notes payable?

They run on the same register and the same effective-interest engine. One month end closes the leases and the loans together, and one journal entry carries both if you want it to.

Do we have to buy the other registers?

They come with it. Steda Registers is priced as four registers together: fixed assets, prepaid and deferred expenses, leases and loans, and Texas property tax renditions. If leases are all you need, say so on the call and we will tell you whether the price makes sense for you.

Send two of your leases ahead and see them scheduled and tied out on the walkthrough.

Book a walkthrough