UGAAP

UGAAP Lease Accounting Software


5 / 5
2 reviews

Who Uses This Software?

Any company or government entity that has multiple leases as a lessee or lessor


Average Ratings

2 Reviews

  • 5 / 5
    Overall

  • 5 / 5
    Ease of Use

  • 5 / 5
    Customer Service

Product Details

  • Starting Price
    $2,500.00/one-time
    See pricing details
  • Pricing Details
    The price include a permanent license, implementation and ongoing support
  • Deployment
    Installed - Mac
    Installed - Windows
  • Training
    Documentation
    Webinars
    Live Online
    In Person
  • Support
    Online
    Business Hours

Vendor Details

  • UGAAP
  • www.ugaapinc.com
  • United States

About UGAAP Lease Accounting Software

Partnering with AICPA in accounting research, UGAAP provides feature-rich, low-cost lease accounting solution for ASC 842, IFRS 16 or GASB 87: - Journal Entries - Disclosure Reports - Multi-currency, including functional currency treatment - Implicit Rate Calculation - Lease Classification Test - Transitional functions - Attach lease documents, pictures, emails - Internal Control: Audit trail, Segregation of Duties - Visual overview charts More at www.ugaapinc.com


UGAAP Lease Accounting Software Features

  • Amortization Schedule
  • Asset Management
  • Billing & Invoicing
  • Budgeting & Forecasting
  • Capitalization Reporting
  • Critical Date Alerts
  • Expense Tracking
  • For Equipment Leases
  • For Real Estate
  • Payment Tracking
  • Portfolio Management
  • Tax Management

UGAAP Lease Accounting Software Reviews Recently Reviewed!


Easy to use and low cost

May 10, 2019
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: A few of our clients use USGAAP lease accounting software. It is a quick and dirty tool that gets the job done. The ASC 842 adoption date amortization schedules, journal entries, and SAB 74 reports are surprisingly easy to generate. It is apparent their software is designed by someone with years of GAAP experiences in research and in practice. The tool provides tips for users as they use it. I can see accounting firms use USGAAP software to manage client lease portfolio, or even as part of lease accounting audit tool. It is always good a complex accounting area made so easy by a tool like that.

Cons: Nothing to mention at this point of time.

Easy to use and low cost

May 01, 2019
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
Likely
Extremely
Likely

Pros: UGAAP software provides straightforward accounting deliverables in an easy to follow way. Disclosure reports and journal entries meticulously complies with the Codification. Calculation tool for implicit rate is fantastic. The implementation was quick and mostly stress free. We also like the fact that there's no annual subscription fees. It makes our lease accounting a much simpler task than it could have been.

Cons: Nothing I can mention at this moment.

Overall: Fantastic, stress free, no annual subscription fees.

Vendor Response

by UGAAP on May 07, 2019

Thank you for the positive comment. We are pleased to provide value for easy accounting compliance.