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
Every lease in your portfolio runs in continuous compliance with ASC 842 and IFRS 16, every figure traceable to the clause behind it.
1.2B sqft
of enterprise operations run on REAL
8M+
tasks completed across enterprise portfolios
2 weeks
operational across the full lease portfolio
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
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
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 Intelligence
Agent
Lease Accounting
Agent
Live context update
Renewal exercised · Dallas
AccountingRemeasurement booked · audit trail attached
AutoThe REAL Suite
Each REAL agent is an expert in its domain, built to share context and act on what the others know. The more agents work in your portfolio, the more complete each one's view of it becomes, and the stronger every decision your team makes.
Lease Accounting
Compliance breaks when the accounting and the underlying lease drift apart, usually after a modification or a missed amendment. Holding the lease itself as the source of truth keeps the calculations defensible. REAL maintains auditable, current lease data and runs ASC 842 and IFRS 16 calculations from it, so compliance is held continuously rather than rebuilt at quarter close.
Every figure an auditor questions should link to the clause it came from. When the trail from entry to source is one click, the audit gets shorter. REAL keeps each calculation tied to the source lease, so a number can be traced to its origin without a manual document hunt.
A lease modification should flow through to the accounting automatically, not wait for someone to notice. REAL works from a single lease record shared across the platform, so when a term changes the accounting reflects it, and lease administration and finance are working from the same source rather than reconciling two versions.
From classification through disclosure, every figure traced to the clause that drives it. Audit-ready, in continuous ASC 842 and IFRS 16 compliance.