For finance, accounting, and controllership teams
ASC 842 and IFRS 16 compliance held continuously, with the lease itself as the source of truth.
Why it matters
REAL keeps payment schedules, accounting calculations, CAM, CPI escalations, percentage rent, and landlord reconciliations tied to the current lease and amendment chain, with the governing source attached to every calculation.
1.2B sq ft
analyzed across enterprise portfolios
8M+
tasks processed across enterprise portfolios
2 weeks
operational across the full lease portfolio
REAL reads the governing lease and amendment chain, builds the payment schedule, builds the accounting maturity schedule, and generates the journal entries, one connected workflow instead of four separate handoffs.
Lease-to-entry workflow
Lease documents read
Payment schedule built
Maturity schedule built
Journal entries generated
Lease → payment schedule → maturity schedule → journal entries
Every calculation for a location carries the same lease term and amendment chain, so the payment schedule, the accounting schedule, and the entries never drift out of sync with one another.
Lease accounting · Location 184 · Example
Lease term
Payment schedule
Maturity schedule
Opening liability
Closing liability
Journal entries
Source: lease + amendment chain
REAL classifies every new lease and runs the calculations from the lease itself. Journal entries post on schedule, every figure linked to the clause that produced it.
Lease schedule · Atlanta Flagship
Operating · ASC 842 · 7-yr term
New · USD · Retail
ROU asset (initial)
Lease liability (initial)
Journal entries posted to ERP · 14:02
5.85% · 7-yr · benchmarked daily
Most teams rebuild the same lease terms across a payment system, an accounting workbook, and the general ledger. REAL keeps one lease record behind all three, so nothing has to be re-entered or reconciled by hand.
Payment to close
Rebuilt by hand
3 systems
Connected in REAL
1 record
Lease term re-entered at every step
When a lease changes, the books have to change with it. REAL runs the remeasurement, posts the adjustments, and traces the trail back to the clause that drove it.
Modification detected
Renewal option exercised
5-yr extension
§3.2 · Dallas Operations Center
Remeasurement
Liability · discount rate updated 6.10%
Adjusting entries booked · audit trail attached
Every figure traced down to the clause. ASC 842 and IFRS 16 compliance held continuously, with the lease itself as the source of truth.
Q4 disclosure pack · Ready
$24.7M
operating lease cost
6.2 yrs
wtd-avg term
5.94%
wtd-avg discount
$22.1M
cash paid
Invoices, payments, and accruals are checked against the lease the moment they hit the books. When the numbers don't match, REAL flags the variance with the clause that proves it wrong, well before the close cycle catches up.
Variances detected · This period
Invoice exceeds scheduled rent · Dallas
CAM included in error · §7.4(c) excludes
Escalation not applied · Houston
3% annual increase missed · §3.4
Books reconciled · 312 leases
A renewal, a modification, or a rent change updates the payment schedule, the maturity schedule, and the journal-entry impact together, so the books never fall a period behind what actually happened on the lease.
Recurring accounting cycle
Lease change detected
Payment schedule updated
Maturity schedule updated
Journal-entry impact calculated
Operations and accounting share one lease. A clause shift on one side updates the entries on the other, with no second upload and no drift between what the team sees and what the books say.
Lease Administration
Agent
Lease Accounting
Agent
Live context update
Renewal exercised · Dallas
AccountingRemeasurement booked · audit trail attached
AutoThe governing lease drives the payment logic, the maturity schedule, and the attached journal entry, so nothing gets re-entered between steps and nothing drifts out of sync with the source.
One lease record
Governing lease
Payment logic
Maturity schedule
Journal entry attached
No re-entry between steps
Go deeper
Every workflow, one context
Lease, financial, construction, facilities, and portfolio workflows run on the same asset or location context. What one workflow learns becomes usable by the next, without rebuilding the evidence every time.
Lease Accounting
REAL reads the governing lease and its full amendment chain and builds the payment schedule directly from that source, capturing base rent, escalations, and any negotiated changes without a manual rebuild each time the lease is touched.
The maturity schedule is the ASC 842 / IFRS 16 amortization of the lease liability and right-of-use asset over the remaining term. REAL updates it automatically whenever the lease changes, a renewal, a remeasurement, a rent change, so it never falls a period behind the payment schedule it is built from.
Yes. Once the payment schedule and maturity schedule are current, REAL generates the journal entries with the governing lease clause attached to each one, so the entry is ready for review with its source already documented.
REAL applies the amendment to the same lease record, then carries the change through the payment schedule, the maturity schedule, and the journal-entry impact together, so the remeasurement is booked from the same source rather than reconstructed by hand.
No. REAL feeds your existing ERP and general ledger, it builds the payment schedule, maturity schedule, and journal entries from the lease and hands them off with the source attached, rather than replacing the systems you already post to.
Lease AP Automation checks invoices and payments against the lease before you pay them. Lease Accounting is the calculation layer behind the books: it builds the payment schedule, the accounting maturity schedule, and the journal entries from the same governing lease.
Yes. REAL classifies each lease, runs the applicable ASC 842 or IFRS 16 calculations from the lease itself, and keeps compliance held continuously rather than rebuilt at quarter close.
See REAL build the payment schedule, accounting maturity schedule, and journal-entry workflow from the governing source documents.