
Trintech
Automate financial close processes to reduce risk and improve efficiency.

The SOC 1 Type 2 certified platform for error-free lease accounting and audit-ready reporting.

LeaseQuery, now part of the broader FinQuery platform, is a mission-critical SaaS solution engineered to address the complexities of global lease accounting standards including ASC 842, IFRS 16, GASB 87, and GASB 96. Its technical architecture is built on a high-availability relational database designed to handle thousands of lease contracts while maintaining a rigorous SOC 1 Type 2 audit trail. By 2026, the platform has matured into an AI-augmented financial intelligence suite, utilizing machine learning to extract key data points from unstructured PDF lease documents with high precision. This significantly reduces manual abstraction errors and accelerates the monthly close process. The platform provides automated journal entry generation, amortization schedules, and disclosure reports that integrate directly with major ERP systems like NetSuite, Microsoft Dynamics 365, and SAP. Its market position is defined by its deep technical compliance features, offering dual-reporting capabilities and complex lease modification handling that generic accounting tools lack. It remains a top choice for organizations transitioning from legacy spreadsheets to automated, audit-ready compliance environments.
LeaseQuery, now part of the broader FinQuery platform, is a mission-critical SaaS solution engineered to address the complexities of global lease accounting standards including ASC 842, IFRS 16, GASB 87, and GASB 96.
Explore all tools that specialize in journal entry automation. This domain focus ensures LeaseQuery delivers optimized results for this specific requirement.
Uses NLP and OCR to scan PDF contracts and extract critical dates, payments, and options into structured data fields.
Handles complex lease remeasurements and modifications (e.g., partial terminations) with automated re-calculation of ROU assets.
Allows users to maintain parallel accounting records for both ASC 842 and IFRS 16 simultaneously.
Every mathematical calculation within the system is validated and audited to ensure adherence to GAAP/GASB/IFRS.
Specific modules designed for Subscription-Based Information Technology Arrangements.
Maintains a timestamped, immutable record of every user change and calculation update.
Pre-built connectors for NetSuite and Sage Intacct that push journal entries directly into the GL.
Initial configuration of accounting standards (ASC 842, IFRS 16, etc.).
Establishment of the organizational hierarchy and cost center mapping.
Definition of the system-wide Incremental Borrowing Rates (IBR) table.
Bulk upload of existing lease data via validated Excel templates.
AI-driven abstraction of new PDF lease documents to verify data accuracy.
Configuration of ERP integration parameters for journal entry export.
Validation of Right-of-Use (ROU) asset and lease liability calculations.
User acceptance testing (UAT) for the monthly close workflow.
Security setup including SSO and role-based access controls (RBAC).
Final data migration and Go-Live audit certification.
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"Users highly value the platform's accuracy and the expert support from CPAs, though some find the initial setup process demanding."
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Automate financial close processes to reduce risk and improve efficiency.

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