Maximize Your Return on Fixed Assets
With Bloomberg Tax & Accounting Fixed Assets software, you gain accuracy and control to empower better decisions, optimize tax savings, shorten financial close times, and respond to change faster.
Key Product Features
Manage State Bonus Depreciation
Our latest software solution enables you to calculate state depreciation for nonconforming states with total ease.
Perform Accurate Asset Inventory
- Ensure that the assets you have on hand match your financial data
- Reduce federal tax liabilities by writing off ghost assets
- Lower personal property taxes by retiring assets no longer in use
- Reduce insurance premiums by properly identifying and classifying assets and their conditions
- Increase efficiency of capital budgeting through more effective reuse of assets
- Reduce risk and potential losses due to theft with quick and accurate audits
- Leverage supporting documentation for Sarbanes-Oxley compliance
Benefits for Corporations
- Streamline and optimize your fixed assets management
- Be confident that your depreciation calculations are accurate with our built-in expertise
- Dramatically shorten closing times
- Effortlessly be up to date on all relevant federal and state tax law changes
- Respond to change faster and have more time for strategic activities
Benefits for CPAs
Streamline the flow of data and increase efficiency while ensuring accuracy for your clients with up-to-date calculations and automatic validation and enforcement of tax law and accounting rules.
Our experienced professional services staff can help you quickly migrate data from existing systems and get you up and running. Once the setup is done, easily run real-time Excel reports, generate disclosures, and send journal entries to multiple ERP/GL systems.