Lease amortization, debt effective interest, SBC rollforwards: describe the arrangement in plain words and get an Excel-ready workbook your auditor can recompute.
Write what you know the way you would explain it to a colleague: the term, the payments, the rate if you have one. The AI turns the description into structured engine inputs and shows its work before anything is computed.
A lease, a note, an option grant: one plain-language description is enough to start. ScheduleIQ reads it and extracts the term, the payment pattern, the rate, and the dates as structured engine inputs.
Anything defaulted or interpreted is recorded as an assumption and put in front of you to confirm, like payments assumed in advance when the timing is not stated. Nothing is decided silently.
Extraction is the model's whole job. Every figure in the schedule comes from a deterministic engine, so the same confirmed inputs always produce the same workbook.
Deterministic engines compute every row on rounded balances, so the arithmetic foots exactly as displayed. The model that read your description never touches the math.
Operating and finance leases under ASC 842. Operating builds straight-line lease cost; finance splits right-of-use amortization from liability interest, period by period.
Effective-interest walks across three repayment shapes: bullet, level payment, and percent of principal. The final period lands the balance at exactly par.
Share-based compensation activity rolled forward on the same rule as every engine: rows computed on rounded balances, so the schedule foots exactly as displayed.
Every schedule ships with a basis note explaining the methodology, cited to the governing guidance from Big 4 interpretive handbooks plus FASB sources, and checked by the same citation verifier that guards ResearchIQ answers.
A schedule earns its place in the file when someone else can rebuild it. ScheduleIQ is engineered for exactly that reader.
Final periods carry a rounding plug so balances land at exactly zero, or at par for debt. No trailing cents, no unexplained differences at the bottom of the walk.
Every row is computed on rounded balances rather than hidden precision, so an auditor recomputing any row gets the same cents the workbook shows.
The methodology is written down and cited to the governing guidance, so the reviewer sees why the schedule is built the way it is, not just the numbers.
Download the Excel-ready workbook and drop it into the file. The free plan includes two schedules to try, and on paid plans schedules never count.
Treat the output as a research starting point, not professional advice: every position in the basis note carries citations a qualified professional can verify. And the work stays yours: segregated per account, encrypted, never used to train AI models. How we protect your work
ScheduleIQ picks up where the research lands and feeds what comes after: the memo that documents the conclusion and the footnote that discloses it.
All seven tools on one platform: AI technical accounting software
No. The AI's only job is to extract structured inputs from your description, surface its assumptions for confirmation, and cite the governing guidance. Every number in the schedule is computed by a deterministic engine, so the same confirmed inputs always produce the same workbook.
Three kinds. Lease amortization schedules for operating and finance leases: straight-line lease cost for operating, separate right-of-use amortization and liability interest for finance. Debt effective-interest walks for bullet, level-payment, and percent-of-principal repayment. And share-based compensation rollforwards.
Every row is computed on rounded balances, so the arithmetic foots exactly as displayed instead of hiding extra precision behind the cell. Final periods carry a rounding plug that lands balances at exactly zero, or at par for debt, so an auditor recomputing any row gets the same cents.
Anything the AI defaults or interprets is recorded as an assumption and shown to you for confirmation before the schedule builds, for example payments assumed in advance when the timing is not stated. The basis note then documents the methodology with citations to the governing guidance.
The free plan is a one-time trial with two schedules, plus one research session, one memo, one disclosure, and one policy; no credit card is required to start. Professional is $149 per month, or $1,490 per year with two months free, and schedules never count against a quota.
No credit card required. The free plan includes two schedules to try; see pricing for full plans.