Lease Abstraction for Sage Intacct

About Sage Intacct

Sage Intacct is a cloud-based financial management platform widely used by mid-market companies for accounting, financial reporting, and lease management under ASC 842 and IFRS 16. It is particularly popular with corporate tenants managing lease portfolios across multiple locations — retail chains, healthcare networks, restaurant groups, and professional services firms. Sage Intacct's lease accounting module provides right-of-use asset calculations, automated journal entries, and disclosure footnotes that require accurate lease data as inputs.

How Lextract Helps

Lextract provides the upstream data extraction layer that feeds Sage Intacct's lease accounting module with accurate, verified data. Rather than manually entering payment schedules and option terms from lease PDFs, teams use Lextract to extract all ASC 842-relevant fields and import the structured output into Intacct. The confidence scoring ensures that any uncertain values are flagged for accounting team review before affecting financial statements.

Workflow: Extract to Import

1. 1Upload lease PDFs to Lextract to extract ASC 842 data points
2. 2Review the payment schedule, escalations, and option terms with confidence scores
3. 3Identify any CPI escalations, variable payments, or complex option structures for accounting review
4. 4Export Lextract data in the format required by Sage Intacct's lease import template
5. 5Import lease data into Intacct and configure the right-of-use asset and lease liability calculation
6. 6Review generated journal entries and disclosure footnotes for accuracy

Supported Export Formats

Lextract provides the following export formats compatible with Sage Intacct:

Critical Fields for Sage Intacct

These are the highest-priority fields Lextract extracts for Sage Intacct users:

Frequently Asked Questions

Related Integrations