LeasecordLease-to-ledger reconciliation
Find the rent you’re already owed.
Leasecord compares your executed leases and amendments with what your accounting system actually billed, and lists the gaps it finds — each with the amount owed, the period and the lease clause it comes from.
Now taking a small number of pilot partners.
- Lease says
- $10,300.00
- Billed
- $10,000.00
- Difference
- $300.00
Exact to the centSame files, same answer.
The problem
Your leases and your ledger drift apart.
The lease is the legal truth. The billing system is what actually goes out to tenants. Every rent step, amendment and recovery change is keyed in by hand, and over the years the two stop agreeing.
Rent increases never applied, or applied late.
Base rent billed at the wrong amount after an amendment, renewal or suite change.
Recovery charges (CAM / NNN estimates) billed below what the lease sets.
It’s rarely anyone’s fault. Nobody owns the consistency between the documents and the ledger.
What you get
A Discrepancy Ledger, sorted by impact.
For every gap: what the lease says, what was billed, the difference in the lease’s own currency, the period, and the clause it comes from. Anything your documents don’t settle is flagged for you, never guessed.
- Lease saysThe rent the lease sets for the period.
- BilledThe charge in your charge history.
- DifferenceThe amount owed — the ledger’s sort order.
- ClauseThe lease or amendment clause it comes from.
- PeriodThe billing period, tenant and suite it applies to.
- Flagged for youAnything the documents don’t settle, with the reason.
How it works
Send files. Get findings you can act on.
- Sendyour leases, amendments and billing export.
- We reviewevery period of every lease.
- Reporteach gap with its amount, period and clause.
- Walkthroughof every finding with your team.
- Recoverwhat’s owed, with the clause in hand.
Trust
Why you can trust the numbers
Exact to the cent.
Every amount is computed from your lease terms; the same files always give the same answer.
Evidence on every line.
Each finding cites its lease clause and the billed charge it disagrees with.
Read-only.
We never touch or write to your systems. You send files; we send findings.
Reviewed by people.
A person checks every lease fact behind a finding before it reaches you.
Who it’s for
Built for commercial portfolios that have grown by hand.
Owner-operators and third-party property managers with roughly 75–750 commercial leases — office, retail, industrial and mixed-use. Asset managers and controllers get the financial picture; lease administrators get evidence they can check clause by clause.
- ~75–750 commercial leases
- Office
- Retail
- Industrial
- Mixed-use
- Owner-operators
- Third-party managers