LeaseQuery review

LeaseQuery, now presented as FinQuery, is accounting software for leases, fixed assets, debt, and accruals and prepaids. The homepage describes it as a way to automate accounting work and produce audit-ready records. It is broader than a lease-only tool, so it may suit finance teams looking to handle several accounting workflows in one platform.

For leases, the platform generates amortization schedules, journal entries, and disclosure reports for listed accounting standards. Fixed-asset tools cover multi-book depreciation, component tracking, and quantity bundle disposals. Debt features include covenant monitoring and FASB accounting automation. For accrued and prepaid expenses, the platform automates accounting from source documents. The homepage says it can integrate with all ERP or accounting systems, though the published materials do not name specific integrations or explain setup requirements.

LeaseQuery also offers managed services for data entry, validation, and maintenance of leases and contracts. That could matter for teams short on implementation capacity, but the service scope and cost are not published on the vendor's site.

The main appeal is scope: LeaseQuery combines lease accounting with fixed assets, debt, and accruals and prepaids. If those jobs currently live in separate tools or spreadsheets, consolidating them may reduce handoffs. The listed automation covers practical accounting outputs—not just storing contract data—including schedules, journal entries, disclosure reports, and depreciation.

The platform also appears designed for accounting controls. Its homepage describes audit-ready records, while debt management includes traceable records and covenant monitoring. Teams that do not want to handle every lease-data task themselves can consider managed services for data entry, validation, and contract maintenance. The homepage also claims integration with all ERP or accounting systems, although we would confirm the exact connection and any extra fees before switching.

One Reddit commenter in an accounting software selection thread reported a smooth implementation that took a couple of months, and said the implementation manager and customer service were helpful. That commenter also said their company signed a three-year deal after receiving a discount. It is one user’s account, not a typical implementation timeline or evidence that the same discount is available now. Still, it suggests buyers may be able to negotiate contract terms rather than treat list pricing as fixed.

The clearest buying drawback is price opacity. The pricing information available to us lists a custom quote, with monthly and annual prices not published. There is no published starting price, and the published information says there is no free plan; trial availability is not published. Buyers will need a quote to compare total cost, and should ask whether managed services, integrations, implementation, or additional modules change it.

User reports are mixed. In one Reddit thread, a commenter said their controller found lease records difficult to maintain and depreciation schedules difficult to configure, and had frustrations with support. Another thread includes a user who described poor communication from an assigned specialist and website problems. These are individual reports, not a measure of how often issues occur, but they are worth testing during evaluation: ask who handles support, how quickly they respond, and what configuration help is included.

We also do not have published plan caps, user limits, or module-by-module pricing to assess. The advertised breadth could mean more configuration work than a lease-only system; the published sources do not establish how much. Get scope, service levels, integration details, and renewal pricing in writing before committing.

LeaseQuery, now presented as FinQuery, does not publish a list price. The available pricing information describes one “Custom Quote” option, with monthly and annual rates both not published. There is no public starting price or tier-by-tier comparison to make from the information available.

The quote is for organizations requesting custom pricing, but the source does not say what is included or whether seats, leases, entities, modules, implementation or support affect the total. Add-on prices, billing minimums, contract length and free-trial terms are also not published. There is no documented tier jump to calculate—and no basis to assume all the accounting products are bundled.

Before evaluating, ask for a quote broken out by lease accounting, fixed assets, debt, accruals and prepaids, managed services, implementation and support. Request monthly and annual totals, plus any usage or portfolio caps, in writing. If transparent list pricing is a requirement, LeaseQuery is a poor fit until it supplies a quote.

The available product information does not specify migration steps, export formats, or whether implementation is included. LeaseQuery says it offers managed services for data entry, validation and maintenance of leases and contracts; that may help with setup, but the source does not say whether it covers importing data from another system. Confirm scope, timing, fees and responsibility for checking migrated records before signing.

For a move away, ask for a sample export and written details on which records, schedules, journal entries and attachments can be taken out, in what format, and whether export assistance costs extra. The homepage says LeaseQuery can integrate with all ERP or accounting systems, but that does not establish how a specific integration handles a migration or ongoing data transfer.

The review inputs describe user reports as uneven, but do not provide specific Reddit complaints or a consistent reason for leaving. We would not treat support as a settled strength or weakness without checking current references. Build an exit plan into the contract, including access to records and post-cancellation export terms.