# UGAAP Software Pricing, Alternatives & More 2026 | Capterra

> With the help of Capterra, learn about UGAAP Software - reviews, pricing plans, popular comparisons to other Lease Accounting products and more.

Source: https://www.capterra.com/p/185851/UGAAP-Lease-Accounting-Software

---

# 

 UGAAP Software Review 2026: Features, Integrations, Pros & Cons

Last updated on March 13, 2026

Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team.

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[Description](#description)[Use cases](#use-cases)[Alternatives](#alternatives)[Features](#features)[Pricing](#pricing)[Support](#support)[Reviews](#reviews)

UGAAP

## What is UGAAP?

UGAAP provides authoritative lessee & Lessor accounting under ASC 842, IFRS 16 & GASB 87 for any business and governmental entities: - Disclosure Reports; - Journal Entries; - Lease Classification Tests; - Transition assistance from old to new standards; - Both SaaS with SOC certification and on-premises - Lease document management and date alerts - Visual overview charts; - Multi-currency; - Implicit Rate Calculation;

## What is UGAAP used for?

[Lease Accounting](https://www.capterra.com/lease-accounting-software/)

Overall rating

Based on 10 user reviews

Reviews sentiment

Positive

\-

Neutral

\-

Negative

\-

Starting price

$4800

Per Feature, One Time

Free trial  
available

Capterra Shortlist charts the highest-rated and most popular products...

Our "Best of" badge program showcases products with the highest ratings...

Our "Best of" badge program showcases products with the highest ratings...

## UGAAP alternatives

Highest Rated

[4.9 (515)](https://www.capterra.com/p/166893/Innago/reviews/)

Starting price

Contact vendor for pricing

Pricing Options

Free Trial

Free Version

User Rating

98%

of reviewers

rated it above 4 stars

[4.7 (99)](https://www.capterra.com/p/143396/LeaseQuery/reviews/)

Starting price

Contact vendor for pricing

Pricing Options

Free Trial

Free Version

User Rating

98%

of reviewers

rated it above 4 stars

[4.3 (37)](https://www.capterra.com/p/265756/Lucernex/reviews/)

Starting price

Contact vendor for pricing

Pricing Options

Free Trial

Free Version

User Rating

86%

of reviewers

rated it above 4 stars

[4.8 (4)](https://www.capterra.com/p/265088/Black-Owl-Lease-Accounting/#reviews)

Starting price

Contact vendor for pricing

Pricing Options

Free Trial

Free Version

User Rating

100%

of reviewers

rated it above 4 stars

[View all alternatives](https://www.capterra.com/p/185851/UGAAP-Lease-Accounting-Software/alternatives/)

## Features

Features with the highest number of reviews are displayed first. Those that have no reviews appear next, sorted alphabetically.

Amortization Schedule

4.0 (2)

100.00% of 2 reviewers that rated this feature as important or highly important

Create a table of loan payments showing dates, amount of principal, amount of interest, and remaining balance

Compliance Management

4.0 (2)

100.00% of 2 reviewers that rated this feature as important or highly important

Track and manage adherence to policies for any service, product, process, or supplier

Reporting/Analytics

4.0 (2)

100.00% of 2 reviewers that rated this feature as important or highly important

View and track pertinent metrics to find patterns and gain insights from data

Accounting

Built-in accounting to manage ledger, accounts payable/receivable, financial reports, etc.

Activity Dashboard

Dashboard to view the status of ongoing processes, identify current incidents and track past activities

Alerts/Escalation

System alerts about the need to escalate an issue or request

UGAAP 24 features

Built-in accounting to manage ledger, accounts payable/receivable, financial reports, etc.

Dashboard to view the status of ongoing processes, identify current incidents and track past activities

System alerts about the need to escalate an issue or request

Create a table of loan payments showing dates, amount of principal, amount of interest, and remaining balance

Manage assets throughout their lifecycle to optimize profit

Plan, schedule, and execute organization's accounts and assets to ensure compliance with policies and laws

A record of all activities within the system, including user access, changes made, etc.

Create budgets based on historical data and future projections

Monitoring, analysis, and projection of the movement of cash into and out of a business over a specific period

Track and manage adherence to policies for any service, product, process, or supplier

Notifications received when important dates and deadlines are coming up

Alter the layout and content of reports

Import and export data to and from software applications

Store, manage, and track all electronic documents in a centralized location

Monitor and record expenses such as purchases or charges incurred

Evaluate units, projects, budgets, and other finance-related data to gauge their performance and potential risk

For realtors, real estate investors, property managers, and other real estate professionals.

Form predictions based on past and present data/trends

Manage and handle various international currencies

Overview of all programs that help compare initiatives, align projects with strategic goals and identify risk

Collection, analysis, and representation of numerical data and generation of reports to understand various patterns

View and track pertinent metrics to find patterns and gain insights from data

Search and filter data across systems to locate required information by entering keywords or certain criteria

Record of all transactions such as purchases, deposits, withdrawals and transfers within a specific period

Get Advice

We can help you find the software with the features you need.

Features

4.4 (10)

4.4

Based on 10 reviews

## Pricing

Value for money

4.8 (10)

Free Trial

Basic

$4,800

Per Feature,One Time

Value for money

4.8 (10)

4.8

Based on 10 reviews

Connect with a Capterra advisor for a free 15-minute consultation

Get a personalized software list aligned to your business needs with guidance from our expert advisors. Our team has helped 1 million+ businesses like yours find options that fit their needs.

## Support, customer service and training options

Customer Service

5.0 (10)

Support

-   Email/Help Desk
-   FAQs/Forum
-   Knowledge Base
-   Phone Support
-   24/7 (Live rep)
-   Chat

Training

-   In Person
-   Live Online
-   Webinars
-   Documentation
-   Videos

Deployment

-   Web
-   Android
-   iPhone/iPad

Typical users

-   Freelancers
-   Small businesses
-   Mid size businesses
-   Enterprises

Customer Service

5.0 (10)

5.0

Based on 10 reviews

## User reviews

Overall rating

4.3

Based on 10 reviews

Filter by rating

5(5)

4(3)

3(2)

2(0)

1(0)

Mentioned topic

Sorted by most recent

JM

Justin M.

SR Accounting Analyst

Transportation/Trucking/Railroad

### "Using UGAAP to Transition"

3.0

Overall Rating

3.0

3.0

Ease of Use

4.0

4.0

Features

4.0

4.0

Customer Service

5.0

5.0

Likelihood to Recommend

8/10

October 25, 2021

Pros

UGAAP is very user friendly. All the information about a lease is in one place, there is no navigating to different tabs. Everything is labeled very clearly, and most items have a brief description. The integration process was very easy, \[SENSITIVE CONTENT\] from UGAAP was very helpful throughout the whole process and was available to discuss any issues or questions we had.

Cons

Overall we are very happy with UGGAP, any issues we have we can take them to UGAAP and they have been able to assist us. By either creating new fields or helping us with workarounds for our issue. Their customer support is amazing.

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

LS

LeAnn S.

Director, Capital Assets Management

Higher Education

### "Very easy to use and understand"

4.0

Overall Rating

4.0

4.0

Ease of Use

5.0

5.0

Features

4.0

4.0

Customer Service

5.0

5.0

Likelihood to Recommend

9/10

October 5, 2021

Overall, I'm happy with UGAAP software and would recommend to anyone looking for lease accounting solution. We are still in the process of implementation so haven't fully utilized everything. We haven't been through a full year, so year-end reporting is unknown at this time.

Pros

It's so easy you think you're doing it wrong. Straight forward, click and enter. Good interface. Designed specifically for GAAP compliance. Audit and footnote ready reports.

Cons

Integration is ok, but manual process.

Alternatives considered

[EZLease](https://www.capterra.com/p/164453/EZLease/)

[Oracle PeopleSoft](https://www.capterra.com/p/155958/Oracle-PeopleSoft/)

[LeaseQuery](https://www.capterra.com/p/143396/LeaseQuery/)

[MRI ProLease](https://www.capterra.com/p/210809/MRI-ProLease/)

Reasons for choosing UGAAP

UGAAP seemed straightforward, easy to use and much more affordable than the other software companies.

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

KS

Kari S.

Director of Finance

Food Production

### "UGAAP for Lease Accouning"

3.0

Overall Rating

3.0

3.0

Ease of Use

3.0

3.0

Features

3.0

3.0

Customer Service

5.0

5.0

Likelihood to Recommend

8/10

October 5, 2021

We have had a very good experience with UGAAP. Our representative understood the Lease Accounting Standards very thoroughly. He provided explanations when needed and worked through some of our unique situations with enhancements to the software. They are quick to respond and timely with resolutions.

Pros

The software is focused on the new Lease Accounting standards including the reporting needed for financial statement support and footnotes. The cost of this product was inline with our needs and usage.

Cons

We have had some trouble understanding what information from a lease needs to be entered into which fields. That being said, our representative at UGAAP has been very responsive in answering questions.

Reasons for choosing UGAAP

We chose UGAAP because they were focused on the Lease Accounting Standard and financial statement requirements both in the calculations and in the reporting needs.

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

CC

Chris C.

AVP of Finance and Accounting

Banking

### "Easy to implement"

5.0

Overall Rating

5.0

5.0

Ease of Use

5.0

5.0

Features

4.0

4.0

Customer Service

5.0

5.0

Likelihood to Recommend

8/10

September 19, 2020

Customer Service was real helpful in getting me started and explaining the whole process.

Pros

Easy to setup chart of account and implement the software.

Cons

Nothing as we purchased it for accounting purposes.

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

DD

Danielle D.

Controller

Financial Services

### "Thankful for UGAAP"

5.0

Overall Rating

5.0

5.0

Ease of Use

5.0

5.0

Features

5.0

5.0

Customer Service

5.0

5.0

Likelihood to Recommend

10/10

September 4, 2020

UGAAP is helping me do the proper accounting for ASC 842.

Pros

The software is user friendly and straightforward. \[SENSITIVE CONTENT HIDDEN\] has guided me through the software and has been a great help. He has been very accommodating with setting up training sessions and has a great approach to teaching the software.

Cons

I have found nothing that I dislike about the software.

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

TD

Tina D.

Finance Manager

Government Administration

### "Has Saved Me Lots of Time"

4.0

Overall Rating

4.0

4.0

Ease of Use

4.0

4.0

Features

5.0

5.0

Customer Service

5.0

5.0

Likelihood to Recommend

10/10

July 13, 2020

Manually calculating the amortization tables for 60+ leases and manually figuring out their journal entries monthly would have taken days. UGAAP enables me to get the journal entry completed in about 15 minutes.

Pros

This software takes away the headache of trying to calculate, track, and record GASB 87 lease transactions. Once the lease is entered, UGAAP calculates the amortization tables, and all I have to do monthly is print the journal entry details, summarize them, and post them into my GL.

Cons

I am not familiar with Access databases, so it took me a bit to figure out some tricks. UGAAP tech support was very helpful when I had questions.

Reasons for choosing UGAAP

UGAAP was less expensive, was ready to go (many other softwares were not ready yet), and was easy to use.

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

AU

Anonymous User

Controller

Electrical/Electronic Manufacturing

### "Big bang for the bucks"

4.0

Overall Rating

4.0

4.0

Ease of Use

5.0

5.0

Features

4.0

4.0

Customer Service

5.0

5.0

Likelihood to Recommend

9/10

October 29, 2019

We use this software to tackle the necessary evil of having to comply with the new lease accounting standard. We are able to use the help of UGAAP to achieve what we were hoping to do. We knew from the demo this would work because they use our actual leases in the demo.

Pros

Meet the compliance needs if that's all you care about. Easy to use after a little bit of training. The intuitive and direct approach in lease modifications. Strong technical accounting. Good for accountants and financial reporting professionals. Willing to customize for our special requests. One-time fee for a permanent license, not bad at all.

Cons

Needs a bit of training to get around. Light in lease administration features, so this is probably not a piece of software for the property department if that's the focus, though it does have interesting expiration alert and lease vs buy analysis functions.

Review source

Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication.

AU

Anonymous User

AVP Finance System

Banking

### "UGAAP Lease Accounting Software Review"

5.0

Overall Rating

5.0

5.0

Ease of Use

5.0

5.0

Features

5.0

5.0

Customer Service

5.0

5.0

Likelihood to Recommend

10/10

June 6, 2019

Pros

We did demos with a number of providers of lease accounting software, UGAAP is by far the most efficient software there is. This is a software dedicated to accounting and reporting. They have CPA firms as their clients. We did not want to mess with the unnecessary property management type of work. We just wanted the software for GAAP compliance. And this is exactly what we need. Their staff is professional and experienced in implementation, and has been really helpful. Lease accounting has been touted as a hot anxiety point for so many years. Some provider has to figure out something elegant to streamline the process, the calculation and presentation. We think this one foots the bill really well.

Cons

So far I have not found any yet, we would like to get more users to test the software so we can get a feel on it s performance.

Review source

Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication.

AU

Anonymous User

tax analyst

Accounting

### "Easy to use and low cost "

5.0

Overall Rating

5.0

5.0

Ease of Use

5.0

5.0

Features

5.0

5.0

Customer Service

5.0

5.0

Likelihood to Recommend

10/10

May 11, 2019

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.

Review source

Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication.

IY

Irene Y.

Financial Reporting Manager

Oil & Energy

### "Easy to use and low cost"

5.0

Overall Rating

5.0

5.0

Ease of Use

5.0

5.0

Features

5.0

5.0

Customer Service

5.0

5.0

Likelihood to Recommend

10/10

May 1, 2019

Fantastic, stress free, no annual subscription fees.

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.

Review source

Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication.

Response from Vendor

May 7, 2019

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

[View all Reviews](https://www.capterra.com/p/185851/UGAAP-Lease-Accounting-Software/reviews/)

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Independent research methodology

Capterra's researchers use a mix of verified reviews, independent research and objective methodologies to bring you selection and ranking information you can trust. While we may earn a referral fee when you visit a provider through our links or speak to an advisor, this has no influence on our research or methodology.

[Learn more](https://www.capterra.com/resources/proprietary-data-research/)

How Capterra verifies reviews

Capterra carefully verified over 2.5 million+ reviews to bring you authentic software experiences from real users. Our human moderators verify that reviewers are real people and that reviews are authentic. They use leading tech to analyze text quality and to detect plagiarism and generative AI.

[Learn more](https://www.capterra.com/resources/how-we-verify-reviews/)

How Capterra ensures transparency

Capterra lists all providers across its website—not just those that pay us—so that users can make informed purchase decisions. Capterra is free for users. Software providers pay us for sponsored profiles to receive web traffic and sales opportunities. Sponsored profiles include a link-out icon that takes users to the provider's website.

[Learn more](https://www.capterra.com/resources/how-we-ensure-transparency/)