ROU Asset
Sign inGet started
ASC 842 lessee · built-in export

Lease accounting for QuickBooks Online

QuickBooks Online is a fine general ledger and a poor lease calculator. It has no notion of a right-of-use asset, an incremental borrowing rate, or a schedule that has to true to zero in the last period. So teams end up keeping ASC 842 in a spreadsheet and typing the results into QBO by hand every month.

Start free How exports work

ROU Asset does the lease side. You add the lease, it classifies it, builds the amortization schedule, and drafts the monthly journal entries. At close you export a QuickBooks journal-entry CSV and import it. The debits and credits are already balanced and already tie to your disclosure reports.

Exporting to QuickBooks Online

At close you pick the QuickBooks Online (Journal Entry) layout and export the batch.

  1. 1Generate and approve the period's entries in ROU Asset.
  2. 2Pick the QuickBooks Online format and export the batch.
  3. 3In QuickBooks, use the journal-entry import to bring in the CSV.
  4. 4Post. The entry is balanced, so there's nothing to reconcile after.
Columns in the file
JournalNoJournalDateAccountNameDebitsCreditsDescriptionName
app.rouasset.com/entries
February 2026
Odoo (Journal Items)Export batch
AccountDebitCredit
Interest Expense2,528.44
Lease Liability7,471.56
Lease Clearing10,000.00
ROU Amortization Exp.8,653.97
Accum. Amort. — ROU8,653.97
Balanced18,653.9718,653.97

What ROU Asset handles before it reaches QuickBooks Online

  • ASC 842 five-test classification, with the inputs stored for audit
  • Finance and operating schedules that round to the cent and true to zero
  • Modifications, reassessments, impairments, terminations, and mid-life onboarding
  • Balanced journal entries generated per period, with an approval step
  • Maturity, roll-forward, and disclosure reports that reconcile to 0.00

QuickBooks Online questions

Does this connect to QuickBooks through the API?

Not yet — today you export a CSV in QuickBooks' journal-entry import layout and load it. A direct QBO connection is on the roadmap. The file approach means nothing breaks when Intuit changes an API scope.

Which accounts does it use?

Your own. You map ROU asset, lease liability, interest expense, amortization, and a lease-clearing account to your QuickBooks account names in Settings, and the export uses those.

Other accounting systems
XeroNetSuiteOdooSage IntacctMicrosoft Dynamics 365

Put ASC 842 next to QuickBooks Online

Keep your GL. Let ROU Asset do the lease math and hand it a file that imports clean.

Get startedSee pricing
Lease accounting for QuickBooks Online — ASC 842 | ROU Asset