ASC 842Template

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Updated for 2026 standards

ASC 842 Lease Accounting Without the Headache

The Excel template that calculates ROU assets, lease liabilities, amortization schedules, and journal entries — so you can stay compliant without expensive software or recurring fees.

ASC842_Lease_Schedule.xlsx
Period
Lease Liability
ROU Asset
Expense
Jan 2026
$482,150
$467,320
$14,830
Feb 2026
$470,890
$455,210
$14,830
Mar 2026
$459,530
$443,100
$14,830
Apr 2026
$448,060
$430,990
$14,830
May 2026
$436,480
$418,880
$14,830
GAAP Compliant
One-time purchase
Up to 50 leases in a single sheet
Easy tracking
No expensive software
No recurring fees

ASC 842 compliance shouldn't cost
you $10k+ in software

Most lease accounting tools are built for Fortune 500 companies. Small businesses and their accountants deserve a simpler path.

💸

Enterprise Software Overkill

Lease accounting platforms charge $5,000–$50,000/year. That's not built for a company with 3–20 leases.

Manual Calculations Take Hours

Present value calculations, amortization schedules, and journal entries done by hand are error-prone and tedious.

⚠️

Non-Compliance Risk

Get it wrong and face audit findings, restatements, and uncomfortable conversations with stakeholders.

Everything you need in one spreadsheet

No training required. Just enter your lease details and the template handles the rest.

01

Automated Lease Schedules

Enter your lease terms once — the template automatically generates month-by-month amortization schedules for both ROU assets and lease liabilities.

02

Journal Entry Generator

Get ready-to-book journal entries for initial recognition, monthly amortization, and lease modifications. Copy them straight into your GL.

03

Disclosure-Ready Reports

Produce the quantitative disclosures required by ASC 842 — maturity analysis, weighted-average calculations, and lease cost breakdowns.

04

Finance & Operating Lease Support

Handles both lease classifications with proper accounting treatment. Lease modifications, remeasurements, and terminations are all covered.

From download to compliant in three steps

1

Enter Your Leases

Input lease start date, term, payment amount, escalations, and discount rate into the input tab.

2

Review Calculations

The template auto-generates your amortization schedules, ROU asset balances, and liability rollforwards.

3

Book & Disclose

Copy journal entries to your GL and use the disclosure tab for your financial statement footnotes.

One template. One price. Full compliance.

ASC 842 Complete Template

Everything you need for lease accounting compliance

$79

One-time purchase · Free updates included

  • Full amortization schedule engine
  • Automated journal entries
  • Finance & operating lease support
  • Disclosure-ready reports
  • Modification & remeasurement tracking
  • Track up to 50 leases in one Excel file
30-day money-back guarantee

Common questions

The template supports up to 50 individual leases out of the box.

No. The template runs entirely on native Excel formulas — no macros, VBA, or third-party add-ins required. Just download and start entering your lease data.

Yes. The template is built in accordance with the latest ASC 842 guidance from FASB, including proper treatment of initial recognition, subsequent measurement, lease modifications, and required disclosures.

Absolutely. If the template doesn't meet your needs, email us within 30 days for a full refund — no questions asked.

Stop overpaying for lease accounting compliance

Join hundreds of accountants and business owners using this template to stay ASC 842 compliant — without the enterprise price tag.

Get the Template — $79