For lease accounting and retail finance teams

Every percentage rent calculation, verified against actual sales.

REAL calculates the natural breakpoint from the lease, applies every exclusion it allows, and reconciles the result against reported sales.

Why it matters

An AI lease accountant that verifies percentage rent the way the lease actually defines it, exclusions and all.

Percentage rent depends on a breakpoint formula and a list of exclusions that are easy to apply inconsistently across hundreds of locations. REAL applies the lease’s own definition to every location’s reported sales, every period.

1.2B sq ft

analyzed across enterprise portfolios

8M+

tasks processed across enterprise portfolios

14%

average cost reduction across existing REAL clients

01

The natural breakpoint, calculated the way the lease defines it.

REAL reads the base rent and percentage rate from the lease and derives the natural breakpoint from that formula, so the threshold used for every calculation matches the lease, not a portfolio-wide assumption.

Breakpoint calculation · §6.1

Base rent

$180,000/yr

Percentage rate

6%

Natural breakpoint

$3,000,000
02

Every exclusion the lease allows, applied consistently.

Returns, sales tax, employee discounts, and other exclusions vary lease to lease. REAL applies exactly the exclusions each lease specifies before calculating percentage rent, so no location over- or under-pays.

Gross sales adjustment

CategoryTreatment

Returns and refunds

Excluded

Sales tax

Excluded

Online fulfillment from store

Lease-specific inclusion

Included
03

Reported sales reconciled, and flagged when they don’t add up.

REAL compares reported sales against the pattern for a location and flags reports that look incomplete or inconsistent with prior periods, so a percentage rent bill is built on sales figures your team can trust.

Sales report review · Q3

Locations reconciled

212

Flagged for review

6

Flags tied to the specific sales category

Go deeper

Purpose-built for every part of the workflow.

Every workflow, one context

Every workflow gets the full real estate 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

Frequently asked questions

  • 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.

  • Yes. Classifications, remeasurements, and adjusting entries post to your ERP on schedule, each with the clause reference and audit trail attached, so nothing gets re-keyed between the lease system and the books.

Percentage rent should match what the lease actually says.

See REAL calculate a natural breakpoint, apply the lease’s exclusions, and reconcile it against reported sales.

  • Breakpoint calculated from the lease
  • Every exclusion applied consistently
  • Sales reports reconciled and flagged

Percentage Rent

Frequently asked questions

  • REAL reads the base rent and the percentage rate from the lease and calculates the natural breakpoint directly from that formula, then applies whichever exclusions and adjustments the lease specifies before comparing reported sales against it.

  • REAL flags sales reports that fall outside expected patterns for a location, or that appear to exclude categories the lease requires to be included, so a suspect report gets a second look before percentage rent is calculated on it.

  • Yes. Landlords use REAL to verify tenant-reported sales are complete and calculated correctly, and tenants use REAL to confirm their own percentage rent bill matches what the lease and their actual sales support.

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