Account structure for both businesses/corporations and accounting firms in AssetAccountant
The account structure and AssetAccountant.
There are two types of subscribers to our service: Businesses and corporations, and accounting firms.
Firstly, businesses and corporations. In a typical setup, the account holder is known as the organization and will appear in the top left hand side menu at the top of the interface. Nested beneath the organization are individual fixed asset registers. Fixed asset registers may also be known as entities or fixed asset schedules.
Whilst many businesses only have a single register, AssetAccountantβ’ can nest as many as you require within each register. Navigate to the assets menu item on the left hand side. You can add as many asset groups as you need via the interface. The asset groups can also be added when importing assets from a spreadsheet file. Within each asset group. You can proceed to add as many assets as you need, either via the interface or again, by importing in bulk from a spreadsheet file, adding groups and assets via AssetAccountant’s, powerful importing tools, or the subject of other videos you can search for in this video hub.
Secondly, for accounting firms, as with businesses, an accounting firm subscriber will also be known as the organization. For example, Smith and Smithed Advisory Company, nested underneath your firm’s account. All of your individual client fixed asset registers will appear here as they are added to your account. Adding asset groups and individual assets to these asset groups follows the exact same processes as for businesses.
We take depreciation and leasing seriously
We undertake detailed modelling of fixed asset depreciation and lease calculation rules for both accounting and tax.
We monitor changes to ATO tax rulings and accounting standards like IAS 16 and IFRS 16 so you don’t have to.
And, of course, we are ISO27001 certified.
We take depreciation and leasing seriously
We undertake detailed modelling of fixed asset depreciation and lease calculation rules for both accounting and tax.
We monitor changes to IRS tax rulings and accounting standards like US GAAP and ASC 842 so you don’t have to.
And, of course, we are ISO27001 certified.
We take depreciation and leasing seriously
We undertake detailed modelling of fixed asset depreciation and lease calculation rules for both accounting and tax.
We monitor changes to IRD tax rulings and accounting standards like IFRS 16 so you don’t have to.
And, of course, we are ISO27001 certified.
We take depreciation and leasing seriously
We undertake detailed modelling of fixed asset depreciation and lease calculation rules for both accounting and tax.
We monitor changes to tax rulings and accounting standards like IFRS and US GAAP so you don’t have to.
And, of course, we are ISO27001 certified.
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Why our clients love AssetAccountant
Fantastic product - has literally saved me hours of work.
Ever wanted the big company fixed asset system without all the clunkiness and overthinking on the part of the software developers (I'm looking at you Thomson Reuters...)? Well then you need AssetAccountant. It provides just the right mix of complex depreciation calculations and beautiful user interface. It's a system designed by accountants and executed perfectly by developers. The integration is seamless with Xero (you can sign into AA with Xero credentials which is awesome if you are already running Xero on your browser) and journaling synchs are very flexible between the two applications. Then there is the price. I challenge you to find a more robust fixed asset system at these price points. Well done AssetAccountant.
You get me.
I now have my big boy jocks back on for fixed asset management....and they fit!
