Automate your fixed assets management
Improve productivity and avoid costly errors with automation software that manages the complete fixed assets life cycle – from construction and purchase to retirement. Regardless of your company size, our software is scalable to handle any number of users, assets, and locations.
Save time and money
See fixed assets automation in action.
Complete asset management and control
Our risk-reducing software brings you peace of mind from construction and acquisition through disposal.
Reduce losses
Regulatory changes and the CARES Act
- Ease the potential for losses
- Crack the code on GILTI and Sections 168(k) and 163(j)
- Model different depreciation options to evaluate the impacts on downstream calculations
Integrate fully
Integrated ERP systems and software
- Integrate with any ERP system or compliance software
- Reconcile book and tax depreciation
- Eliminate manual data entry and synchronize all fixed assets data
Eliminate errors
State bonus depreciation calculations
- Determine fixed assets bonus depreciation with state books and reports
- Create books and reports for the most complex states with built-in depreciation rules
- Generate a federal-to-state tax depreciation comparison
Gain insight
In-depth data visualization with DataView for Excel
- Pull data into Excel automatically
- Create custom reports or generate a report from standard report templates
- Customize reports with unlimited asset fields
Gain control
Tracking for Construction in Progress
- Track CIP assets for multiple projects
- Convert CIP assets into depreciating assets
- Control and compare budgeted expenses to actual expenses
Audit with ease
Automatic currency translations
- Track and audit exchange rates
- Automate currency translations based on historical or current rates
- Support multiple currencies with the option to report in one or more currencies at the corporate level
Manage state bonus depreciation for nonconforming states
Create a state book or report for complicated states. The fixed assets depreciation feature calculates state depreciation for nonconforming states – including California, Pennsylvania, New York, Florida, Illinois, North Carolina, and Minnesota – with total ease.
Designed for corporations and CPA firms
We ensure both CPA firms and corporations benefit from automation and have access to the tools and resources necessary for effective management and decision-making.
Corporations
- Add value with operational efficiency and reliable financial controls
- Streamline and optimize fixed assets management across your corporation
- Gain confidence in the accuracy of your depreciation calculations with built-in expertise
- Dramatically shorten closing times
- Stay up to date on all relevant federal and state tax law changes
CPA firms
- Access secure client data anytime, anywhere for better collaboration and increased productivity
- Ensure accuracy for clients with up-to-date calculations and automatic validation
- Gain better data quality control with comprehensive administrative capabilities
- Access current tax and accounting rules to expertly advise clients
Top 10 fixed assets challenges
Managing fixed assets represents significant challenges for organizations. Learn how to navigate the top challenges of fixed assets management, leading to valuable tax savings opportunities, greater efficiency, and better bottom lines.
Resources
Detangling state tax conformity
Learn about three things taxpayers can start doing today to help navigate the complexities of state tax conformity.
Net operating losses
Understand the changes made by the CARES Act to NOLs.
Qualified improvement property
Learn about what types of improvements are considered qualified improvement property, the bonus depreciation rate for QIP, and the changes enacted by the CARES Act.
Business interest expense limitation
Learn about the changes, how §163(j) defines “interest,” the impact of the CARES Act, and more.
Building a business case for tax automation
Learn how to demonstrate the value tax automation software can bring to your company by saving time, reducing errors, and improving data integrity.
Tax depreciation
Maximize deductions with the right intel.
Our fixed assets automation customers
Our customers agree – Fixed Assets is easy to use and provides efficiencies that have created real impacts on their organizations.
I like the Fixed Assets program. It is better than an Excel spreadsheet and very easy and convenient to use. The program is user-friendly, which is another plus. It saves me time each month and my reports have been accurate. It is easy to add new fixed assets and dispose of them as well. I am happy with the software.
See for yourself
We’re certain of the immediate benefits our solution will bring to your organization. Contact us for a customized demo.