The Fixed Asset Pro Flex View enhancement provides a dynamic view of your data. You can include only the fields that you want to see, add sub-totals and easily sort and search your data. There is no limited to the number of views your can create and each one is exportable to Excel.
FIXED ASSET PRO’S STREAMLINED APPROACH WILL SAVE YOU HOURS AND PUT YOU IN CONTROL OF YOUR FIXED ASSETS.
This easy-to-use, full-featured depreciation software will save you hours by streamlining organization, maintaining current fixed-asset records, maximizing your tax deductions and generating up-to-date reports when you need them.
Import your data from almost any format including Excel, delimited text, databases, XML, HTML and other file formats. An Import Wizard steps you through the process.
Supports an unlimited number of companies and assets.
Simultaneously applies tax rules and calculates depreciation for up to six sets of books: financial, federal tax, AMT, ACE, state tax and a user-defined set of books.
Supports half-year, mid-quarter and mid-month MACRS conventions.
Tax and accounting rules for fixed asset depreciation, such as Bonus Depreciation and Sec. 179 Expensing, are built in.
Includes 68 tax and accounting depreciation methods.
Handles purchases and disposals throughout the year.
Automatically calculates monthly depreciation for creating monthly journal entries.
Prepares a projection schedule detailing all future depreciation charges over the useful life of each fixed asset.
Keeps track of the location of each asset.
Maintains detailed notes on each asset.
ASSET INFORMATION AT YOUR FINGERTIPS
With Fixed Asset Pro, you can create an unlimited number of fixed asset records for an unlimited number of companies. Assets can be classified into user-defined groups such as asset type, location, G/L account number and personal property type. Once an asset record is created, it is automatically transferred to all other sets of books. Simply enter an asset once; Fixed Asset Pro does the rest.
You can also keep track of valuable information such as model numbers, vendor contact information, maintenance records and more using the notepad available for each asset. When you need information about a specific asset or group of assets, Fixed Asset Pro allows you to browse and search for assets by asset ID, description, date, location, group, class, AMT type and G/L expense account number. You can also create custom pick lists for location, group, G/L asset, G/L accumulated and G/L expense fields. With Fixed Asset Pro, detailed information on each asset is at your fingertips.
POWERFUL REPORTING FOR MANAGEMENT CONTROL AND TAX PURPOSES
To prepare effective reports for tax, accounting or internal purposes, select from Fixed Asset Pro’s library of standard reports or easily create your own. Standard reports are automatically calculated and formatted.
All reports can be previewed, printed and exported as Excel, PDF and RTF files. Reports include:
Depreciation summary for each book
Federal tax form 4562 report
Monthly G/L posting
Annual AMT (Alternative Minimum Tax)
ACE (Adjusted Current Earnings)
Personal property tax
Lifetime projection report
Detail on individual fixed asset records
Fixed Asset Pro comes complete with an on-board report builder. Custom reports can also be exported as Excel, PDF and RTF files.
With its affordable price, customizable report builder and FREE technical support, Fixed Asset Pro is an extraordinary value. Why not get your copy today?
Each asset record has user-defined fields including asset ID, group and location
Detailed description of the asset
Vendor name and serial number for section 179 record-keeping compliance
Date the asset was placed into service
New or used designation for certain tax calculations
Depreciation method easily selected from the list of available methods
Convention (half-year, mid-quarter or mid-month) rules are applied automatically
Tax class (MACRS, ACRS and other)
Useful life of the asset
Original cost of the asset and prior deductions taken
Salvage value of the asset
Investment Tax Credit (ITC) amount taken
Business use percentage and investment use percentage
Disposal price and date
Section 179 deductions taken
Listed property options (none, luxury automobile limits and other)
Various ITC options available based on the date placed into service
AMT type (property placed into service after 1986, real property before 1987, leased property before 1987, non-recovery real property before 1981 and non-recovery leased personal property before 1981)
ACE type (post-1993 property, post-1989/pre-1994 property, pre-1990 MACRS property, pre-1990 original ACRS property, property in section 168(f)(1)-(4), or other property)
Personal property type (machinery and equipment, furniture and fixtures, small tools and supplies, real estate, leased property and exempt property)
General ledger asset, accumulated and expense account numbers
Serial number for identification and insurance purposes
Option to use tax tables or formulas for depreciation calculations
Look up tables and selection lists are available for group, location, depreciation method, tax class, listed property, ITC options, convention, AMT type, ACE type, personal property type and general ledger account numbers.
Custom report builder allows you to create your own reports
Data on reports can be sorted and subtotaled by Asset ID, Date, Tax Class/Date, Group/Date, Location/Date, Group/Location, Alternative Minimum Tax Types, Date with Yearly Subtotals, General Ledger Expense account.
Install our products and put them through their paces. If you can honestly say that our products do not save you time and perform exactly as we say they will, simply let us know within 30 days from the date of purchase and we will gladly issue a full refund.