Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
ASC842 and IFRS16 Compliance: Achieved. Bloomberg Tax & Accounting Leased Assets oversees various leased asset categories and offers intricate calculations for right-of-use assets and lease obligations. Our software-as-a-service solution ensures precise classification, accounting, and reporting for leased assets in accordance with the new standards – IFRS 16 and ASC 842. Enhance your operational workflow through seamless integration with a range of ERP/GL/AP systems, leasing platforms, or other internal applications. Empower your clients to meet the requirements of ASC 842 and IFRS 16 with confidence. By automating lease accounting processes, you can boost overall efficiency while maintaining accuracy through detailed calculations. Additionally, our solution supports businesses in adapting to changing regulations with ease.
Description
UGAAP was established to simplify the complex yet recurring task of lease accounting through innovative software solutions. Our platform assists businesses in steering clear of chaotic transitions and persistent compliance challenges posed by the new regulations. By leveraging our software, organizations can significantly reduce human capital expenses related to accounting and financial reporting functions. Reach out to us today, and we'll demonstrate the advantages we can bring to your accounting operations.
Our goal is to develop software that automates intricate calculations and processes across all areas of accounting and taxation. We see lease accounting software as a prime illustration of how to empower businesses to concentrate on their core activities rather than dedicating excessive resources to compliance requirements. Additionally, our offerings are backed by exceptional GAAP experts who ensure that our clients receive the best support and guidance.
API Access
Has API
No
API Access
Has API
No
Integrations
FundCount
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
$3600 one time fee
Free Trial
Yes
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
Yes
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
Yes
Online Support
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
No
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
Bloomberg Tax & Accounting
Founded
1929
Country
United States
Website
pro.bloombergtax.com/leased-assets/
Vendor Details
Company Name
UGAAP
Founded
2016
Country
United States
Website
www.ugaapinc.com
Product Features
Lease Accounting
Amortization Schedule
No
Asset Management
Yes
Billing & Invoicing
No
Budgeting & Forecasting
No
Capitalization Reporting
Yes
Critical Date Alerts
Yes
Expense Tracking
No
For Equipment Leases
Yes
For Real Estate
No
Payment Tracking
Yes
Portfolio Management
Yes
Tax Management
No
Product Features
Lease Accounting
Amortization Schedule
Yes
Asset Management
Yes
Billing & Invoicing
No
Budgeting & Forecasting
Yes
Capitalization Reporting
Yes
Critical Date Alerts
Yes
Expense Tracking
Yes
For Equipment Leases
Yes
For Real Estate
Yes
Payment Tracking
No
Portfolio Management
Yes
Tax Management
No