Fixed assets depreciation software

A cloud-based platform accessible anytime, anywhere

Fixed assets – the tangible, long-term assets used in business operations – need a software solution that automates and manages the life cycle from construction and purchase to retirement. Bloomberg Tax Fixed Assets software has you covered.

The wrong fixed assets software can cause serious setbacks

Incorrect results

Inefficiency

Multiple platforms and programs create workflow disruptions and needlessly complex processes.

Financial statement risk

Calculation errors lead to incorrect financial statements, tedious manual fixes, and overtime work.

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Changing regulations

Keeping up with frequent regulatory shifts takes time and effort you don’t have to spare.

Experience the accounting benefits of our fixed assets software

Our fixed assets program allows tax professionals to improve the way they work, so they can focus on their organization’s strategic outlook.
To read more about our product click here.

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Reduce IT spend

with cloud-based software – so multiple users can access anywhere, anytime

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Stay accurate and compliant

with books and reports automatically updated to include the latest tax laws and built-in depreciation calculations for MACRS, ADS, and more

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Easily reconcile between periods and books

– without losing historical data

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Automate tracking

of error-prone Construction in Progress projects and easily convert expenses to depreciable assets

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Eliminate the pain of inputting data manually and save time

by automatically importing complex fixed assets data from multiple systems

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Get the greatest tax savings

out of your fixed assets by modeling different scenarios with up to 99 books

Take the Tour - Fixed Assets

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Integrate with your ERP system

Connect your tools and systems with ease. Bloomberg Tax Fixed Assets integrates with most popular ERP and accounting solutions

white check icon  SAP (S4/HANA)
white check icon  Oracle NetSuite Cloud
white check icon  Microsoft Dynamics
white check icon  Workday
white check icon  PeopleSoft
white check icon  Costpoint
white check icon  Infor M3
white check icon  JD Edwards
white check icon  and more

The top 4 fixed assets challenges for tax professionals,
and what our customers are saying*

*2020 Bloomberg Tax customer survey

Having automatic tax law updates

91%

of customers say that they have benefitted from Bloomberg Tax Fixed Assets’ built-in depreciation calculations that include the latest tax laws.

Easily pulling data for multiple entities

87%

of respondents say that Bloomberg Tax Fixed Assets allows them to pull data automatically and easily for multiple companies into Excel.

Delivering a quick and easy period close

90%

of customers say Bloomberg Tax Fixed Assets supports a quicker, easier period close.

Maintaining strong controls ensuring compliance

84%

of respondents say that Bloomberg Tax Assets helps them ensure compliance by providing full visibility of their fixed asset data.

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How do you start?

One

Register online

Request a demo and your representative will schedule a meeting.

Two

We listen to your goals

Have a brief conversation with us to discuss your needs.

Three

Turn strategy into action

Complete your demo, tailor-made for your organization.

What our users are saying

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“Bloomberg Tax Fixed Assets was, by far, the easiest system to use while offering all the functionality we were looking for. We saved 400 hours of effort and completed our review three weeks sooner than the previous year.”

Federal Tax Manager
Illinois Tool Works (ITW)

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“We have used this product for decades as it is the most comprehensive and easy-to-use fixed asset software on the market. We can always count on timely product updates and 100% accurate calculations. It is our go-to product to manage our exhaustive list of fixed assets from acquisition to disposal and everything in between.”

CFO
PAM Transport

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“Bloomberg Tax Fixed Assets was one of the best software decisions our company has made in recent years. We can now pull multiple companies’ information and also download asset data into a usable format. We spend less time pulling reports and entering information and more time analyzing and comparing data.”

VP, Tax
POET

Explore the latest insights on fixed assets management and tax industry trends from our experts

Top 10 fixed assets challenges

Learn how to effectively navigate fixed assets management, leading to valuable tax savings opportunities, greater efficiency, and better bottom lines.

2022 Quarterly Outlook Report

This compilation of forward-looking tax developments will help you plan a tax strategy that reduces risk – with one complete picture of what’s on the horizon. Take a look at this interactive, in-depth report.

Property Depreciation Methods: MACRS

Learn how to calculate depreciation using the modified accelerated cost recovery system (MACRS) method.

Implementation made easy

Certified Implementers of Bloomberg Tax Fixed Assets ensure seamless implementation within your current workflow.

See it for yourself

Start managing all your fixed assets with one proven resource – now.

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