Module three
Leases and loans, on one engine
A lease liability unwinding at the effective interest rate is a loan amortization, so Steda measures both the same way: a schedule, a monthly journal entry, and the disclosure a lease footnote asks for.
LSE-0104 Warehouse space · Lease liability schedule
| Period | Payment | Interest | Liability reduction | Closing liability | Status |
|---|---|---|---|---|---|
| April 2026 | 4,200.00 | 819.35 | 3,380.65 | 160,489.23 | Closed |
| May 2026 | 4,200.00 | 802.45 | 3,397.55 | 157,091.68 | Closed |
| June 2026 | 4,200.00 | 785.46 | 3,414.54 | 153,677.14 | Closed |
| July 2026 | 4,200.00 | 768.39 | 3,431.61 | 150,245.53 | Closed |
| August 2026 | 4,200.00 | 751.23 | 3,448.77 | 146,796.76 | Closed |
| September 2026 | 4,200.00 | 733.98 | 3,466.02 | 143,330.74 | Open |
What it does
Lease and loan registers
A register for leases and a register for notes payable, each with its own schedule, on one effective-interest engine. The right-of-use asset and the lease liability move together every month.
An add-lease wizard
A four-step wizard walks through the payments, the discount rate, and the classification, with a preview that runs the same engine the server does before anything is saved.
Modifications and termination
A remeasurement, a decrease in scope with its gain or loss, a separate contract linked to the original, or a full termination. Each one keeps the roll-forward tied to the register.
The monthly journal entry
Posts to QuickBooks Online or Desktop, or downloads as a file. Steda never posts the cash side: each class says where QuickBooks already codes the payment, so a loan the bookkeeper already splits produces no entry at all.
Roll-forwards and the disclosure pack
The lease liability, the right-of-use asset, and notes payable from opening balance through the movements to closing, by class, plus the disclosure a lease footnote asks for.
Critical dates
Renewal, termination, and purchase options, with the notice deadline recorded on the lease. A daily digest warns before a window closes.
Questions
Does this cover both operating and finance leases?
Yes. Classify each lease and the schedule, the entry, and the disclosure follow from it. The classification is your judgment; Steda records it and carries it consistently rather than making the call for you.
Does it handle loans too?
Yes, on the same effective-interest engine a lease liability uses. Notes payable get their own register and schedule.
Can I import a lease already running?
Yes. Both registers import from a CSV with the mid-life columns a lease or note already partway through needs, so the balances match what the previous system reported.
Does it cover lessor accounting, subleases, or IFRS 16?
Not today. This is lessee accounting under Accounting Standards Codification 842, for the business paying rent or financing equipment, not the business leasing it out.
The other registers
Fixed assets →
A full asset register with book and tax depreciation
Prepaid and deferred expenses →
Amortization schedules and the monthly entry that comes off them
Receivables →
Aging by due date, a ranked collections queue, and the allowance at month end
Property tax renditions →
Texas business personal property renditions, built from the register you already keep
Customer invoice portal →
Your customers sign in to see what they owe and pay through your own payment account
See the whole product on the product overview, or the published figures on pricing.