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POWERFUL & EFFECTIVE

FIXED ASSET PRO

FIXED ASSET PRO IS THE AFFORDABLE FIXED ASSET MANAGEMENT AND DEPRECIATION SOFTWARE SYSTEM FOR SMALL AND MID-SIZED BUSINESSES AND ORGANIZATIONS.

Subscriptions: Single License Subscription $499 (Retail: $599) & Site License Subscription $599 (Retail: $699)

Fixed Asset Pro

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FIXED ASSET PRO:

the affordable all-in-one system for Fixed Asset Depreciation, Accounting, Management and Reporting.

Fixed Asset Pro is the budget friendly solution that gives small and mid-sized organizations a better way to accurately calculate depreciation and prepare reports for financial, accounting, tax, and management purposes.

Now you can replace the frustrations of spreadsheets and legacy databases with a system that’s affordable and gives you the ability to organize fixed asset data, manage the fixed asset life cycle and quickly generate the reports you need for tax and financial accounting.

  • Gives you total control of your data. No limits to the number of assets or entities. Two-way data portability with import and export. Templates to help with data entry. Flex Views let you organize data any way you want to see it.
  • All the depreciation calculations you need for Book and Tax. Includes 68 depreciation methods, 6 different books, half-year/mid-month/mid-quarter, bonus depreciation, Section 179, and more.
  • Complete asset Information is available at your fingertips. Makes it easy to maintain asset inventory and track assets throughout the entire fixed asset life cycle—from CIP to disposal.
  • Makes reporting a snap for management, accounting, taxes and controlling insurance premiums and exposure. Fixed Asset Pro automatically applies depreciation rules and calculates depreciation throughout the lifecycle of an asset.
  • Fixed Asset Pro is continually updated for the latest changes in tax and depreciation rules.

ADDITIONAL INFO: FIXED ASSET PRO

FIXED ASSET PRO IS A POWERFUL, EFFECTIVE DEPRECIATION AND FIXED ASSET MANAGEMENT SOFTWARE SYSTEM

This easy-to-use, full-featured depreciation software will save you hours by streamlining organization, maintaining fixed-asset records over the entire asset life cycle, maximizing your tax deductions and generating up-to-date reports when you need them.

ASSET INFORMATION AT YOUR FINGERTIPS

With Fixed Asset Pro, detailed information on each asset is at your fingertips. Quickly search to zero-in and find an asset and then drill down to access the details. Assets can be classified into user-defined groups/categories. Assign a location, department, G/L account numbers, personal property type and more to each asset.

POWERFUL REPORTING FOR ACCOUNTING, TAX AND MANAGEMENT CONTROL

Reporting capabilities include everything you need to report depreciation, acquisitions, and disposal. Create journal entries using your GL account codes. Produces tax reports for forms 4562 (Depreciation), 4797 (Sale of Property) and Personal Property Tax reports. Includes powerful options for groupings and subtotals. Easily export all reports to Excel, PDF and Word for further manipulation to fit your needs. See below for a complete list of standard reports.

Fixed Asset Pro also comes complete with an on-board report builder. Custom reports can also be exported as Excel, PDF and DOC files.

FLEX VIEW GIVES YOU TOTAL CONTROL

The Flex View provides dynamic views of your data. You can include only the fields that you want to see, add sub-totals, and easily sort and search your data.

Fixed Asset Pro comes with a library of over 20 pre-set Flex Views that you can use out-of-the-box or customize. There’s no limit to the number of views. They’re easy to create. And each flex view is exportable to Excel and CSV giving you a simple way to create custom reports.

FIXED ASSET PRO SCREENSHOTS

Start Screen organizes your work files and provides quick access to resources
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
Asset Control screen stores info to help you track assets and store and retrieve warranty details
File Cabinet lets you add links to pictures, invoices, documents, spreadsheets or any other type of file
Keep track of CIP projects and place them into service as fixed assets when completed
Produces monthly, year-to-date and annual depreciation reports for Book, Tax, AMT, State and other calculations

Limited Time Offer

For a limited time, you can get Fixed Asset Pro for just $499 (single user) or, better yet, just $599 (total) for a site license. The site license gives you unlimited users at one physical or on one network. Either way, you’ll save $100 by acting now.

Plus…by acting now we will include free access to the Quick Start Training System (a $195 value). That’s a total savings of $295.

In addition to an affordable price, unlimited FREE technical support is included for current subscribers. You can get your questions answered via telephone, email or live chat.

Annual subscription renewals are generally $199 for a single user and $299 for a site subscription. There are no other support contracts or hidden charges to worry about.

ADDITIONAL INFO: FIXED ASSET PRO

  • Supports an unlimited number of assets.
  • Maintains an unlimited entities/companies.
  • Import data from Excel and/or CSV to eliminate manual data entry. Includes an Excel import template to help prepare data for importing.
  • Create asset templates for entering common type of assets. Simplifies data entry and reduces errors.
  • Flex View grid lets you see your data any way you want to see it. Includes over 20 pre-set views or make your own.
  • Share data between team members. Multiple users can work with the same data at the same time.
  • Set a password on each database for increased security.
  • Mass Edit lets you edit groups of assets all at once. You can do mass disposals or mass changes to Service Date, Depreciation Method, Useful Life or Convention.
  • Export your entire database or selected fields for added back-up and increased data portability.
68 Tax and Accounting Depreciation Methods including:
  • 36 MACRS methods including regular MACRS, alternative MACRS and straight-line MACRS.
  • 24 ACRS methods including alternative ACRS and straight-line ACRS.
  • 6 GAAP methods including straight-line, sum of years digits and 4 declining balance methods.
  • Bonus Depreciation, Section 179 Expensing, Auto and Truck Limits, IRS Tables option.
  • Half-Year, Mid-Quarter, Mid-Month and Full-Month Conventions for first and last years.
  • Amortization and manual entry of depreciation is available.
  • Simultaneously maintains up to 6 sets of books including GAAP/Financial, Federal Tax, State Tax, Alternative Minimum Tax (AMT), Adjusted Current Earnings (ACE) and a user-defined book.
  • Enter each asset only once and it automatically updates all active books.
  • In each set of books, an asset can have a different cost, depreciation method, useful life, business use percentage, investment use percentage, section 179 amount, and convention.
  • Keep it simple and enable only the GAAP/Financial book when tax and other depreciation calculations are not required.
  • Pick the current start year and import/enter opening accumulated depreciation balances that agree with your GL right from this start date. Or let Fixed Asset Pro calculate all depreciation starting from the year of the oldest asset.
  • Calculates for calendar and fiscal years, full years and short years.
  • Supports half-year, mid-quarter and mid-month MACRS conventions.
  • Conventions are set automatically for the year of calculation but allows forced or manual convention selections and enforces mid-quarter rule for each year when 40% or more of fixed assets are placed into service in the 4th quarter.
  • Projection function calculates depreciation for any future year to assist with budgeting, estimating future depreciation and calculating the effects of future capital expenditures.
  • Allows negative “contra” assets to account for refunds and credits received after the Service Date.
  • Easy reference to IRS asset lives table.
  • Select formulas or IRS rate tables for each MACRS asset.
  • Apply business use and investment percentages.
  • Keeps two years open at one time for year-end and new-year calculations.
  • Calculates depreciation for the year in which asset is disposed.
  • Automatically applies tax limits to luxury automobiles & listed property.
  • Option to apply automobile limits in State and User-Defined books.
  • Default methods and lives are automatically applied in State and User-Defined books.
  • Code Sec. 179 “expensing” election with limits applied automatically by year.
  • Option to use Code Sec. 179 tax rules in State and User-Defined books.
  • Choose to use Corporate Earnings and Profit Rules for Code Sec. 179 in State and User-Defined books.
  • Asset ID is user-assigned. You can use IDs from your previous system (up to 10 characters, alpha numeric). Fixed Asset Pro automatically increments and suggests the next ID when you add an asset.
  • Detailed asset description (50 characters).
  • Acquired Date determines when an asset first appears on the books.
  • In-Service Date determines when depreciation starts.
  • Track CIP (Construction-In-Progress) projects. Store invoices for each project. When completed, place the project into service as one or more fixed assets.
  • Assign a Group, Location and Department to each asset.
  • Assign GL account codes for fixed assets, depreciation expense and accumulated depreciation to drive journal entries.
  • Vendor name and serial number for section 179 record-keeping compliance.
  • Invoice number.
  • 15 custom user-defined fields (5 text, 5 date and 5 numeric value).
  • 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 depreciation taken.
  • Salvage value of the asset.
  • Land value for non-depreciable land assets.
  • Section 179 deductions taken.
  • Bonus deprecation option.
  • Disposal date, sales price and sale expense are used to automatically calculate the gain or loss on disposal.
  • Partial disposals.
  • Tax disposal type (e.g., sale, exchange involuntary conversion, etc.), property type (1245 tangible, 1250 real, other) and time asset was held determine disposal classification on Tax form 4797 report.
  • Listed property option to apply federal tax limits to luxury automobiles, trucks/vans and SUVs over 6000lbs.
  • Asset adjustments for impairment or other write-downs.
  • Personal property type (machinery and equipment, furniture and fixtures, small tools and supplies, real estate, leased property, exempt property, and add new categories).
  • Option to use tax rate tables or formulas for depreciation calculations.
  • Investment Tax Credit options and ITC amount taken.
  • Business use percentage and investment use percentage.
  • AMT type and ACE type.
  • Verify data routine validates your data and settings according to all the built-in business rules.
  • Store asset control data including tag number, inventory number, control number, barcode value, custodian, physical location, and condition to help with physical inventories.
  • Warranty info includes up to 2 warranties /service agreements per asset, so the info is at your fingertips when you need it. Includes start date, expiration date, warranty limit and units (e.g., miles), actual usage, provider, telephone, coverage details and warranty documents.
  • File Cabinet lets you store files with each asset and easily retrieve them. Keep invoices, maintenance records, pictures for insurance, user’s manuals, etc.
  • Keep multiple pages of notes for each asset as needed.
  • Tasks help you keep track of important activities that need to be completed for each asset or CIP project.
Fixed Asset Pro gives you three different ways to create reports:
  1. Standard Reports. Includes a library of built-in reports for accounting and tax depreciation, acquisitions, disposals, journal entries and others. See below for a complete list. Flexible report options let you select the book, year, month, preparer, sorting and subtotal options, filters and more. You can save all reports to Excel, DOC and PDF.
  2. Flex Views. Comes with over 20 pre-set views or make your own. Save views Excel and CSV as the basis for reports.
  3. Report Builder. Create custom reports using the report designer. You have access to all fields in the database.
Standard Reports:
  • Monthly depreciation expense (one month at time)
  • 12-Month depreciation expense (all months in the selected year)
  • Journal entry: monthly depreciation
  • Quarterly depreciation expense
  • Annual acquisitions
  • Journal entry: acquisitions
  • Annual disposals and gain/loss
  • Journal entry: disposals and gain/loss
  • Annual and year-to-date depreciation expense
  • Net book value as of any month or year
  • Annual rollforward
  • Annual adjustments
  • Lifetime depreciation
  • Projection
  • Construction-in-progress
  • Fixed asset card (detail on individual fixed asset records)
  • Federal tax form 4562 report (Depreciation and Amortization)
  • Federal tax form 4797 report (Sales of Business Property)
  • AMT (Alternative Minimum Tax)
  • Personal property tax
  • UBIA for Section 199A limitation for pass-through entities
  • ACE (Adjusted Current Earnings)
  • Preview, print and export reports to Excel, PDF and DOC files.

Annual subscription renewals are due for all customers in January every year. When you renew, you’ll get a new version of Fixed Asset Pro with program improvements and updates for any changes to the depreciation laws. You also get all maintenance updates issued during the year and renewed access to Technical Support Service via telephone, email and online chat. Renewals are affordably priced based upon the extent and scope of the improvements and tax law changes.

THE FIXED ASSET PRO QUICK START TRAINING SYSTEM = FAST DEPLOYMENT:

Fixed Asset Pro is easy to install and includes a Data Import Wizard that eliminates data entry. You can import your data from Microsoft Excel and other common file formats.

As an added bonus, you’ll get access to our Quick Start Training System (a $295 value) to help you become productive as quickly as possible. The Quick Start Training System includes:

  • A library of 7 valuable training videos that will show you how the program works.
  • 3 additional videos that walk you step-by-step through the Data Import Wizard.
  • A live session (up to 30 minutes) with one of our expert trainers to make sure that you get started quickly and on the right foot.

IMMEDIATE DOWNLOAD AVAILABLE

SAVE $295. . . Subscribe Before August 15, 2022.

You can immediately download Fixed Asset Pro. Installation is quick and easy. And technical support is there to help you get up and running. Plus, you’ll get the Quick Start Training System (a $195 value) at no additional cost.

Let Fixed Asset Pro save you hours by streamlining organization, maintaining fixed-asset records over the entire asset life cycle, maximizing your tax deductions and generating up-to-date reports when you need them. Subscribe today!

Single User $499 (Retail: $599)

Site Subscription $599 (Retail: $699)

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Fixed Asset Pro