Steda

Lease and loan accounting on the effective interest method

Steda measures leases and loans on the effective interest method, with a schedule, a monthly journal entry, and the disclosure a lease footnote asks for.

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LSE-0104 · Warehouse space

October 2026 closed
PeriodInterestClosing liabilityStatus
August 2026785.46153,677.14Closed
September 2026768.39150,245.53Closed
October 2026751.23146,796.76Closed
November 2026733.98143,330.74Open
Payment 4,200.00 a month, effective interest
Sample Company. The right-of-use asset moves with the liability every month.

What it does

One finance lease under Accounting Standards Codification 842: the lessor, term, payment and discount rate, then the schedule by month with payment, interest, lease liability, amortization and right-of-use asset.
Demo Company. Sample data.

  • Lease and loan registers

    A register for leases and a register for notes payable, each with its own schedule, on the effective interest method. The right-of-use asset and the lease liability move together every month.

  • An add-lease wizard

    A four-step wizard takes the payments, the discount rate, and the classification, with a preview, computed the same way as the saved schedule, before anything is written.

  • 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.

  • 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. You classify each lease, and the schedule, the entry, and the disclosure follow from it. Steda records the classification you give it and does not decide it.

Does it handle loans too?

Yes, on the same effective interest method 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 rest of Steda Registers

See all of Steda Registers, the other product, Steda Receivables, or pricing.

Send your lease and loan schedules ahead and see your own balances measured.

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