Question 1

What is AssetAccountant?

Accepted Answer

AssetAccountant is cloud-based fixed asset depreciation and lease accounting software used by businesses in over 32 countries. It automates tax and accounting depreciation calculations, IFRS 16 lease accounting, and journal posting to your GL or ERP.

Question 2

Does AssetAccountant support IFRS 16 lease accounting?

Accepted Answer

Yes. AssetAccountant fully supports IFRS 16 lease accounting, including finance leases, right-of-use assets, payment schedules, interest accruals, and lease modifications and terminations across multiple jurisdictions.

Question 3

Which countries and tax jurisdictions does AssetAccountant support?

Accepted Answer

AssetAccountant supports tax depreciation rules for Australia, the United States, New Zealand, the United Kingdom, and South Africa, with IFRS-based accounting depreciation available for all other jurisdictions. The platform supports multi-entity and multi-jurisdiction registers under a single login.

Question 4

Does AssetAccountant integrate with Xero or QuickBooks?

Accepted Answer

Yes. AssetAccountant has native integrations with Xero, QuickBooks Online, Sage Intacct, and Microsoft Dynamics 365. Journal exports are also compatible with SAP, Oracle, NetSuite, MYOB, Acumatica, and any ERP that accepts file imports.

Question 5

Is there a free trial?

Accepted Answer

Yes. AssetAccountant offers a 30-day free trial with no credit card required. Free implementation support is included from day one of your trial.

Question 6

Who uses AssetAccountant?

Accepted Answer

AssetAccountant is used by corporations, SMEs, and accounting firms across 32 countries. Global clients include PwC, Grant Thornton, Baker Tilly, Ralph Lauren, Wikimedia Foundation, Sealy, and Acciona, across industries including healthcare, real estate, energy, manufacturing, and hospitality.

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