What is Fixed Asset Pro?

Fixed Asset Pro is an all-inclusive and cost-effective software solution designed for fixed asset depreciation management. It caters to small and medium-sized enterprises, organizations, and accounting professionals seeking to enhance their depreciation tracking, generate insightful reports, and move away from the complications associated with spreadsheets and outdated software systems.

- There are no restrictions on the number of assets or entities that can be managed.

- The system supports both Book and Tax depreciation with 68 different methods across 6 distinct books, accommodating half-year, mid-month, and mid-quarter conventions, along with options for Bonus and Section 179 deductions, among others.

- Users can monitor assets and their depreciation throughout the entire fixed asset life cycle, from Construction in Progress (CIP) to final disposal.

- The platform helps maintain an accurate inventory of all assets.

- It offers comprehensive reporting tools tailored for accounting, tax, and management purposes.

- The software is regularly updated to comply with the latest changes in tax and accounting regulations.

By optimizing workflow processes, users can keep precise asset records throughout their entire lifecycle, ensure maximum tax benefits, generate current reports, and avoid the frustrations of spreadsheet management. Additionally, Fixed Asset Pro enhances efficiency and accuracy in financial reporting, making it an essential tool for businesses looking to simplify their asset management.

Pricing

Price Starts At:
$499.00

Integrations

No integrations listed.

Screenshots and Video

Play Video Flex View lets you create multiple custom views of your asset data that you can export to Excel and CSV as custom reports General Asset Data screen stores basic identification info and tax info for each asset Multi-Book screen lets you set depreciation variables for up to 6 sets of books Select from over 60 Financial-GAAP and Tax depreciation methods Produces monthly, year-to-date and annual depreciation reports for Book, Tax, AMT, State and other calculations

Company Facts

Company Name:
MoneySoft
Date Founded:
1991
Company Location:
United States
Company Website:
www.moneysoft.com
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Product Details

Deployment
Windows
Training Options
Documentation Hub
Online Training
Video Library
Support
Standard Support
Web-Based Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
Target Organization Types
Mid Size Business
Small Business
Nonprofit
Startup
Supported Languages
English

Fixed Asset Pro Categories and Features

Fixed Asset Management Software

Asset Budgeting
Asset Lifecycle Management
Audit Trail
Barcoding / RFID
Depreciation Management
Disposal Management
Document Management
Inventory Tracking
Tax Management

Accounting Software

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
CPA Firms
Cash Management
Cryptocurrency Support
Expense Tracking
Fixed Asset Management
Fund Accounting
General Ledger
Government
Multi-Currency
Nonprofits
Payroll Management
Project Accounting
Purchase Orders
Tax Management

Fixed Asset Pro Customer Reviews

Write a Review
  • Reviewer Name: Jon G.
    Position: Manager
    Has used product for: 6-12 Months
    Uses the product: Yearly
    Org Size (# of Employees): 100 - 499
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Cost Effective Asset Management Software

    Date: Aug 31 2021
    Summary

    Overall, has helped us in our year end processes, asset valuation and assessment and planning. For a small cost, it pays for itself in saved time and labour. Recommend for anyone with a lot of depreciable assets.

    Positive

    Makes Asset Management much easier. We have a lot of assets in many different locations. We used to keep track of them on our excel spreadsheet, which was a nightmare for our accounting team. With Fixed Asset Pro, the information is in the system and the calculations are automatic. Saves our accounting team time and headache calculating and depreciating the assets. It also helps us as a management team to plan our capital asset expenditures in the coming months and years.

    Negative

    Quite an extensive setup process. Requires a lot of information that may not be readily available. Customer service could be a little more responsive.

    Read More...
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