Begin by loading your lease files the way you work—drag-and-drop folders, upload PDFs, or paste spreadsheet rows—and Cradle Accounting organizes everything into a clean workspace. A guided setup walks you through start dates, payments, terms, and options, then maps accounts to your chart of accounts. Assign who can view, edit, or approve by role, and separate entities if you manage more than one company. Store every document with the record it belongs to so you never hunt through emails again.
Build accurate schedules without guesswork. Enter payment frequency, escalations, residuals, and end-of-term choices, and let the system produce precise present-value measurements and amortization. Adjust for changes—rent holidays, renewals, or index updates—and see the impact before you commit. Set budget thresholds to watch spend by location or portfolio, and use alerts to catch renewals, expirations, and CPI bumps before they hit. Link journal templates to your GL structure so entries are consistent every period.
When it’s time to close, run validations to flag missing fields or out-of-policy terms, lock the period, and export journal entries and schedules to CSV for upload to your general ledger. Tag notes, attach support, and keep conversations next to each record so approvals are easy to trace. Every edit is captured in an audit history, making reviews faster for your controller and external auditors. Portfolio views help you track exposure, cash outflows, and upcoming decisions across all entities. Tax workflows summarize deductible amounts and timing so you can plan payments and advance liabilities with fewer surprises. Compliance monitors policy changes and centralizes evidence so you can prove controls without extra spreadsheets.
Small teams can get productive in a single afternoon: start with the first lease template, follow the checklist, and produce period entries right away. Accountants can manage remeasurements with side-by-side before/after comparisons and push updated entries in one click. Legal and finance collaborate safely with role-based access: legal uploads executed contracts, AP verifies payment terms, finance approves the schedule. Create disclosure-ready reports, board updates, and lender packs directly from your portfolio. Encryption keeps sensitive data protected while shared links let advisors review files without granting full access.
Cradle Accounting
$79.00 per month
All IFRS 16 functionality
All ASC 842 functionality
Unlimited Users
Multiple Companies
Unlimited Modifications
Secure Access
Auditor Account
Customer Support
Documents Storage
Free Updates
Non-Standard Calendars
Custom fields
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