Terms of Service

ROU Asset is software for lessee lease accounting under ASC 842: it computes lease classification, amortization schedules, and journal entries, and exports them for your general ledger.

ROU Asset is a software tool, not an accounting, tax, audit, or legal service. Its outputs are calculations based on the inputs and policy elections you provide. You are responsible for reviewing results and for your financial reporting; the Service does not replace the judgment of a qualified accountant or auditor.

You must provide accurate information and keep your credentials secure. You are responsible for activity under your account and organization, and for your team members' use of the Service in accordance with their roles.

Paid plans are billed in advance on a recurring basis (monthly or annually) through our payment processor. New subscriptions may include a free trial; if you do not cancel before the trial ends, the plan converts to a paid subscription and the payment method on file is charged. You can cancel anytime from Settings → Billing and will retain access through the end of the current paid period. Except where required by law, payments are non-refundable. Prices may change with notice.

You agree not to misuse the Service, including by attempting to breach security or access other organizations' data, reverse-engineering the Service, overloading or disrupting it, or using it unlawfully.

You retain ownership of the data you put into the Service. You grant us the rights needed to host and process it to provide the Service. Our handling of personal data is described in our Privacy Policy.

The Service, including its software and content, is owned by ROU Asset and protected by law. These Terms do not grant you rights to our trademarks or software beyond use of the Service.

The Service is provided “as is” and “as available” without warranties of any kind, whether express or implied, including merchantability, fitness for a particular purpose, and non-infringement, to the fullest extent permitted by law.

To the maximum extent permitted by law, ROU Asset will not be liable for any indirect, incidental, special, consequential, or punitive damages, or for lost profits or data. Our total liability for any claim relating to the Service will not exceed the amount you paid us in the twelve months before the claim.

You may stop using the Service at any time. We may suspend or terminate access if you breach these Terms or to protect the Service. On termination, your right to use the Service ends; provisions that by their nature should survive will survive.

We may update these Terms from time to time. Continued use after changes take effect constitutes acceptance.

Questions about these Terms? Email kevin@rouasset.com.