---
description: Review of FRS 102 Software: system overview, features, price and cost information. Get free demos and compare to similar programs.
image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png
title: FRS 102 | Reviews, Pricing & Demos - SoftwareAdvice GB
---

Breadcrumb: [Home](/) > [Lease Accounting Software](/directory/3971/lease-accounting/software) > [FRS 102](/software/540776/FRS-102)

# FRS 102

Canonical: https://www.softwareadvice.co.uk/software/540776/FRS-102

> FRS 102 is lease accounting software designed to support compliance with UK GAAP standards, specifically FRS 102 Section 20. It addresses updated lease accounting requirements effective from January 2026, which require most leases to be recognized on the balance sheet. The software helps organizations manage lease portfolios and maintain accurate financial reporting.

The platform automates calculations for right-of-use assets, lease liabilities, and interest expenses, reducing reliance on manual spreadsheets. It includes features for handling CPI-linked remeasurements, lease extensions, and modifications. Disclosure reports are generated automatically, covering areas such as maturity analysis for capitalized contracts and exemptions, transition data with weighted average discount rates, and reporting on short-term and low-value exceptions. Period locking functionality ensures data integrity by preventing unauthorized changes to completed periods. Reports can be extracted by month, quarter, or year for individual entities or consolidated groups.

The software centralizes lease agreements in a cloud-based system with structured data storage and group-based access controls. All modifications are logged with timestamps and user details, creating a complete audit trail for compliance purposes. It is ISO 27001 certified, GDPR compliant, and holds ISAE 3402 Type II assurance. Data is stored in AWS data centers located in London. The platform supports the Obtainable Borrowing Rate and calculates transition adjustments required for the 2026 FRS 102 changes.
> 
> Verdict: Rated \*\*\*\* by 0 users. Top-rated for **Overall Quality**.

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## About the vendor

- **Company**: House of Control

## Commercial Context

- **Pricing model**: Other (Free Trial)
- **Target Audience**: 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+
- **Deployment & Platforms**: Cloud, SaaS, Web-based
- **Supported Languages**: Danish, English, Finnish, German, Norwegian, Swedish
- **Available Countries**: Ireland, United Kingdom

## Features

- API
- Accounting Integration
- Activity Dashboard
- Ad hoc Reporting
- Alerts/Escalation
- Alerts/Notifications
- Asset Lifecycle Management
- Audit Management
- Audit Trail
- Budgeting/Forecasting
- Cash Flow Management
- Compliance Management
- Contact Management
- Contract/License Management
- Critical Date Alerts
- Currency Conversion
- Customisable Reports
- Customizable Fields
- Data Import/Export
- Document Storage

## Support Options

- Email/Help Desk
- FAQs/Forum
- Knowledge Base
- Phone Support

## Category

- [Lease Accounting Software](https://www.softwareadvice.co.uk/directory/3971/lease-accounting/software)

## Links

- [View on SoftwareAdvice](https://www.softwareadvice.co.uk/software/540776/FRS-102)

## This page is available in the following languages

| Locale | URL |
| en | <https://www.softwareadvice.com/product/540776-FRS-102/> |
| en-AU | <https://www.softwareadvice.com.au/software/540776/FRS-102> |
| en-GB | <https://www.softwareadvice.co.uk/software/540776/FRS-102> |
| en-IE | <https://www.softwareadvice.ie/software/540776/FRS-102> |
| en-NZ | <https://www.softwareadvice.co.nz/software/540776/FRS-102> |

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