UGAAP Lease Accounting Software

UGAAP is a comprehensive lease accounting solution tailored for both lessees and lessors, ensuring compliance with key accounting standards such as ASC 842, GASB 87/96, and IFRS 16. This software streamlines the transition to new lease accounting frameworks by offering important functionalities that assist in managing the complete lease lifecycle. Users can generate journal entries for lease commencement, modifications, and terminations, along with robust reporting capabilities that include amortization tables, balance sheets, income statements, and disclosure reports.
The platform is designed for both operational efficiency and regulatory compliance, featuring multi-currency transaction support, internal controls with audit trails, and collaboration tools that allow multiple users to work seamlessly. UGAAP is available as a cloud-based Software as a Service (SaaS) solution with affordable subscription fees, as well as an on-premises option that can be purchased outright. The software also enhances management accounting processes with features for budgeting and cash flow forecasting, making it suitable for businesses of all sizes.