Sage Intacct fixed asset depreciation & lease accounting, worldwide

Ask us about Sage Intacct pricing →

Ask us about Sage Intacct pricing

This field is for validation purposes and should be left unchanged.
Watch your inbox for an email from support@asset.accountant!
Ask us about a Sage Intacct demo →

Ask us about a Sage Intacct demo

This field is for validation purposes and should be left unchanged.
Watch your inbox for an email from support@asset.accountant!
AssetAccountant vs Sage Intacct SFAM — Gap Analysis

AssetAccountant vs Sage Intacct SFAM - Capability Comparison


✓ AA Advantage — AssetAccountant leads ✗ SFAM Gap — SFAM does not address this ~ Comparable — broadly similar; nuances apply ● SFAM Strong — SFAM competes effectively
Capability Sage Intacct SFAM AssetAccountant Assessment
A. Asset Record & Data Model
Core asset fields Asset ID, name, status, serial number, asset tag, asset type (tangible/intangible), acquisition date, in-service date, quantity, description, notes — confirmed on live instance Equivalent core fields; acquisition date, cost basis, and in-service date can differ per book; optional auto-numbering of asset IDs ~ Comparable
Custom fields No custom fields on asset record — confirmed absent on live instance Unlimited custom fields per asset — confirmed in functional spec ✓ AA Advantage
Attachments Single generic attachment field per asset — confirmed on live instance Unlimited attachments per asset (invoices, warranties, insurance documents, etc.) — confirmed in functional spec ✓ AA Advantage
Asset classifications Fixed set of asset classifications with GL account mapping; classification drives default depreciation rules Unlimited classifications; flexible allocation of assets to classifications (cost centre, location, etc.); optional journal breakdown by classification; bulk classification changes ✓ AA Advantage
Tagging & filtering Nine native Intacct dimensions (Department, Location, Channel, Customer, Vendor, Employee, Item, Project, Warehouse) — powerful but tied to Intacct's data structure Configurable tags for register filtering; flexible grouping independent of GL dimension structure ~ Comparable
Components / parent asset Parent asset field supports component accounting — confirmed on live instance Component accounting supported; components depreciate independently within parent asset structure ~ Comparable
Quantity management Quantity field on asset record — confirmed on live instance Quantity management supported; quantity changes tracked through asset lifecycle ~ Comparable
Work-in-progress / AuC / Capital works CIP supported via configuration toggle; 'Place in service' action triggers depreciation — confirmed in Setup Work-in-progress / Assets under construction / Capital works supported; additional costs added during construction lifecycle ~ Comparable
Additional costs during asset life Cost adjustments are AP-driven only — confirmed on live instance; no standalone cost addition Additional costs can be added to an asset during its life; capitalised into cost base with depreciation impact ✓ AA Advantage
Audit trail View audit trail on asset record; timestamped changes integrated with Intacct's native audit log — confirmed on live instance Full audit trail of all changes made to asset data — confirmed in functional spec ~ Comparable
B. Depreciation — Accounting Books
Multiple sets of books Multi-book supported; financial and tax books run in parallel — confirmed live (US GAAP + US Tax books on same asset) Multiple sets of books for both accounting and tax; different cost bases and acquisition dates per book — confirmed in functional spec ~ Comparable
Accounting depreciation methods Straight-line, 150%/200% declining balance, MACRS, ACRS, sum-of-years-digits — confirmed depreciation method names on live instance Diminishing value (150%/200%), straight line/prime cost, immediate, units of use, none, intangible amortisation — per functional spec ~ Comparable
Units of use / activity-based Not observed on live instance; not documented in SFAM materials Units of use depreciation method supported — confirmed in functional spec ✓ AA Advantage
Non-monthly periods Follows Intacct's standard period structure; non-monthly periods not explicitly supported in SFAM Non-monthly periods supported — confirmed in functional spec ✓ AA Advantage
Different cost bases / dates per book Each depreciation rule on an asset has its own useful life and convention; cost basis per book not confirmed Different cost bases and acquisition dates can be set independently per book — confirmed in functional spec ✓ AA Advantage
Reversals Not explicitly documented in SFAM Depreciation reversals supported — confirmed in functional spec ✓ AA Advantage
Reassessments Not explicitly documented in SFAM; no reassessment screen observed on live instance Reassessments supported; bulk reassessments available — confirmed in functional spec ✓ AA Advantage
Revaluations & impairments No revaluation capability — confirmed on live instance; cost adjustments are AP-driven only Revaluations and impairments supported; bulk revaluations and bulk impairments available; GAAP v IFRS option — confirmed in functional spec ✓ AA Advantage
GAAP vs IFRS accounting option Derogatory provision GL account fields present on asset record and classification (suggests IFRS structural awareness), but no explicit GAAP/IFRS switch; full IFRS revaluation model absent Explicit GAAP v IFRS option; multiple sets of accounting books to handle dual-standard reporting — confirmed in functional spec ✓ AA Advantage
Prior period adjustments Not explicitly documented in SFAM Management of prior period adjustments — confirmed in functional spec ✓ AA Advantage
Bulk depreciation operations 'Bulk action runs' screen available for mass depreciation posting; 'Post depreciation' menu item — confirmed on live instance Bulk first use, bulk reassessments, bulk revaluations, bulk impairments — confirmed in functional spec ~ Comparable
C. Tax Depreciation
United States (IRS / MACRS) MACRS, Section 179, Bonus Depreciation; IRS-compliant with annual table updates — primary jurisdiction for SFAM US tax depreciation with detailed IRS content; US State Taxes in development — per functional spec and confirmed jurisdiction coverage ~ Comparable
Australia (ATO) Not supported — SFAM is US-focused; no ATO-specific content on live instance Full ATO content: DV (150%/200%), SL, immediate, Buildings/Div 43, Backing Business Investment, Blackhole expenditure (S40-880), luxury vehicle caps, Low Value Pool, Small Business Pool, Software Pool, ATO lookup tool, private/taxable use — confirmed in functional spec ✓ AA Advantage
United Kingdom (HMRC) Not supported — no HMRC capital allowance content in SFAM Detailed HMRC tax depreciation content — confirmed jurisdiction coverage ✓ AA Advantage
New Zealand (IRD) Not supported Detailed IRD tax depreciation content — confirmed jurisdiction coverage ✓ AA Advantage
South Africa (SARS) Not supported Detailed SARS tax depreciation content — confirmed jurisdiction coverage ✓ AA Advantage
Other international jurisdictions Not supported — SFAM confirmed US-only on live instance (US GAAP and US Tax journal posting rules only) Moderate tax content for additional jurisdictions beyond the five detailed markets — confirmed ✓ AA Advantage
Tax content maintenance IRS tax tables updated annually by Sage; US-only Tax content maintained by AssetAccountant across all supported jurisdictions; ATO lookup tool for Australian rules — confirmed in functional spec ✓ AA Advantage
D. Asset Transactions & Events
Asset acquisition from AP Create assets from AP bills and purchasing transactions — enabled in live configuration; source bill linked on asset record; native Intacct AP integration with no sync layer Xero AP draft assets integration; assets detected from fixed asset GL account movements in connected systems ● SFAM Strong
Multiple assets from one bill line R4 (Nov 2025): Up to 20 assets from a single AP invoice line with automatic cost distribution Bulk import with flexible mapping supports creation of multiple assets; draft asset workflow for review ~ Comparable
Partial disposals R4 (Nov 2025): Partial asset retirement added — retire a component with automatic schedule adjustment and gain/loss calculation Partial disposals supported — confirmed in functional spec ~ Comparable
Full / bulk disposals Full disposal with gain/loss to configured GL account — confirmed on live instance; bulk disposal via bulk action runs Bulk disposals supported — confirmed in functional spec ~ Comparable
Asset transfers Transfer button changes Intacct dimensions (department, location, etc.) with transfer history log — confirmed on live instance Bulk transfers between asset groups; bulk classification transfers — confirmed in functional spec ~ Comparable
Bulk imports New import service (introduced 2025); the only way to import assets in SFAM — noted in R3/R4 release notes Flexible bulk import with auto-creation of groups, classifications, and custom fields; flexible column mapping — confirmed in functional spec ✓ AA Advantage
E. Reporting & Forecasting
Purpose-built FA reports No dedicated FA report library observed on live instance; reporting relies on Intacct's Custom Report Writer; custom, memorized, and stored reports available Purpose-built reports: asset summary, group summary, acquisitions, disposals — confirmed in functional spec ✓ AA Advantage
Tax audit report No dedicated tax audit report in SFAM Dedicated tax audit report — confirmed in functional spec ✓ AA Advantage
Depreciation forecasting Depreciation schedule visible per asset once in service; no confirmed portfolio-level forecasting tool Depreciation forecasting up to 100 years — confirmed in functional spec ✓ AA Advantage
Consolidated reporting Multi-entity consolidated reporting via Intacct's native consolidation module Consolidated reporting across entities and books — confirmed in functional spec ~ Comparable
Data export Reports exportable via Intacct's standard export; CSV/Excel via report writer All data grids exportable to Excel/CSV — confirmed in functional spec ~ Comparable
User-defined reporting Intacct Custom Report Writer available across all modules including SFAM User defined report writer in development — per functional spec roadmap ● SFAM Strong
Audit trail reporting View audit trail on individual assets; integrated with Intacct audit log Full audit trail reportable across all asset data changes ~ Comparable
F. Integrations & Platform
Sage Intacct integration Fully native — asset transactions post directly to GL with no sync layer; AP, purchasing, dimensions, and journals all native Dedicated Sage Intacct integration — confirmed in functional spec; sync-based rather than native ● SFAM Strong
Xero Not applicable — SFAM is Intacct-only Native Xero integration including tracking category support and AP draft assets integration — confirmed in functional spec ✓ AA Advantage
QuickBooks Online Not applicable — SFAM is Intacct-only QuickBooks Online integration — confirmed in functional spec ✓ AA Advantage
Microsoft Dynamics Not applicable — SFAM is Intacct-only Microsoft Dynamics integration — confirmed in functional spec ✓ AA Advantage
Accounting firm tools (CCH / Taxlab) Not applicable — SFAM is Intacct-only CCH Integrator and Taxlab integrations — confirmed in functional spec; significant advantage for Australian accounting practices ✓ AA Advantage
ERP / GL agnosticism Exclusively locked to Sage Intacct; asset register cannot be used with any other GL platform Platform-agnostic; works across multiple GL/ERP systems; asset register is owned by the organisation independently of the ERP ✓ AA Advantage
Multi-entity Full multi-entity via Intacct's native architecture — confirmed live instance has six country entities (USA, AU, SA, UK, NZ, CA) Multi-entity supported; consolidated reporting across entities ~ Comparable
G. Compliance & Security
GAAP compliance US GAAP — strong; primary compliance framework for SFAM GAAP supported; explicit GAAP v IFRS option in accounting books ~ Comparable
IFRS compliance Derogatory provision GL account fields present (IFRS structural awareness confirmed live); full IFRS revaluation model absent Full IFRS compliance: revaluations, impairments, GAAP v IFRS book option, reassessments — confirmed in functional spec ✓ AA Advantage
ISO 27001 certification Sage Intacct holds SOC 1 / SOC 2 Type II; SFAM covered under Intacct platform security Full ISO 27001 certification covering the entire business, software, and development processes ✓ AA Advantage
Pricing model Bundled within Sage Intacct subscription — no separate module fee for qualifying customers; zero incremental cost for existing Intacct users Subscription-based; separate cost from GL; justified by depth of capability, multi-GL support, and jurisdictional tax content ~ Comparable

Summary Scorecard

Across all evaluated capability areas, using only verified sources.

Outcome # Areas % of Total Notes
✓ AA Advantage 29 56% AssetAccountant leads clearly
✗ SFAM Gap 0 0% SFAM has not addressed these
~ Comparable 20 38% Broadly comparable; detail matters
● SFAM Strong 3 6% SFAM competes effectively here

Why choose AssetAccountant when Sage Intacct has fixed asset register software?

What if you could set and forget?

lets kick

Get started today

AssetAccountant - saving you from spreadsheets since 2019.
No credit card required. Full access for 30 days. Set up in minutes.

cloud image

What if lease accounting could be easy?

Videos

AssetAccountant – General introduction
Integration with Sage Intacct
Lease overview

CLIENT TESTIMONIALS

Why our clients love AssetAccountant

From Big 4 firms to solo accountants, public company CFOs to corporate finance teams;
— here’s what they say about our fixed asset depreciation and lease accounting software:

★★★★★
"

"Up until 2021 we had been using Excel spreadsheets to calculate and manage fixed asset tax depreciation for the group's registers, which was not sustainable. To address this and to implement automation of the process, we researched solutions offered in the market, including by the large accounting firms and specialist software providers. After thoroughly vetting AssetAccountant as a vendor, testing the software and its calculations, and reviewing the company's data security, we committed to implement the software for all tax fixed asset registers for the Whitehaven Coal group. Since implementation we have been very satisfied with the decision. The software is intuitive, robust, easy to use, and accurate. AssetAccountant's commitment to ongoing development of the product's features has also been impressive."

Read more
Greg Singh
Greg Singh
Group Tax Manager · Whitehaven Coal Limited
★★★★★
"

"After being introduced to AssetAccountant in 2020 by PriceWaterhouseCoopers, I carefully reviewed the software's functionality to suit our complex fixed asset depreciation and lease accounting requirements. For example Buildsafe acquires, disposes and writes off thousands of assets including partial transactions. We also need flexible reporting and detailed journals. I have found the software to be enterprise standard, robust and precise. The software is a very elegant blend of beauty and smarts. The ongoing support, product development and assistance has been responsive and reliable. An amazing team and product. Thank you."

Read more
Sharon Hughes
Sharon Hughes
CFO · Buildsafe (introduced by PwC)
★★★★★
"

"AssetAccountant (AA) has produced the ultimate Fixed Asset Management System. AA integrates seamlessly with Xero and produces reports that satisfies any auditor with easy to trace transactions that are verifiable. The real hidden gem is their Lease Accounting facility which takes all the heartache and time consuming issues out of AASB16. Fantastic product — has literally saved me hours of work."

Read more
John Smith
John Smith
CFO & Company Secretary · Dateline Resources Ltd
★★★★★
"

"We love using AssetAccountant. The time savings for every client's depreciation entries means not only is profit increased on every job, but our additional team capacity can be directed to more valuable work. There is literally no risk in the investment of AssetAccountant fixed asset depreciation software."

Read more
Suzanne Walker
Suzanne Walker
Director · Clear Path Accounting
★★★★★
"

"Big Boy Jocks On.... 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!"

Read more
Chris J Emerson CPA
Chris J Emerson CPA
Emerson Consulting Services LLC
★★★★★
"

"From the initial contact with the team at AssetAccountant to the final implementation, we have received prompt and positive responses. The effective support service and continuous improvement makes AssetAccountant a product highly recommended to a wide variety of industries as well as to accounting firms."

Read more
Marco Abril
Marco Abril
Financial Controller · TPM Builders
★★★★★
"

"It's amazing we calculated this year's depreciation in just a matter of minutes!"

Read more
Veenith Singh
Veenith Singh
Group Finance Operations Manager · Beca Group
★★★★★
"

"Our organisation was looking for a standalone cloud-based fixed asset register that could calculate depreciation for multiple companies. AssetAccountant was a perfect solution that removed the need for tracking assets and calculating depreciation through spreadsheets. The team at AssetAccountant were very responsive throughout the implementation process. The system is straightforward to use and has various options for both asset tracking and depreciation to make it suitable for most organisations."

Read more
Con Kirgianis
Con Kirgianis
Finance Manager · KWP!
★★★★★
"

"Now that AssetAccountant is in our app store, our customers and sales team have a cloud option for fixed asset depreciation which has a strong integration with QuickBooks Online."

Read more
Matt Pisarski
Matt Pisarski
Global Business Development · Intuit QuickBooks
★★★★★
"

"After years of 'paying a premium' for our Asset Management, we decided to go in-house. More than impressed with the ease and capability of the software, and the staff were a pleasure to deal with from go to whoa. Fabulous to have monthly reporting, as opposed to annual as well."

Read more
Kim Stanton
Kim Stanton
Chief Financial Officer · Hardy Aviation
★★★★★
"

"I have seen a lot of niche products come and go but the one constant has been the lack of a decent fixed asset register. I was recently invited to see the latest incarnation and it did not disappoint. I am confident that both accounting firms and corporate clients will be lining up to use it — I have already been extolling the solutions' virtues."

Read more
Alan FitzGerald
Alan FitzGerald
Founder · Practice Connections
★★★★★
"

"We initially came across AssetAccountant when researching potential replacements for the Xero asset register. AssetAccountant sparked our interest due to its ability to easily and transparently forecast depreciation, transfer assets between sites, revalue assets and asset part disposals. The AA team have been extremely helpful which has provided us with confidence in the product, we look forward to exploring additional features to find more efficiencies in our processes."

Read more
Elspeth Mildren
Elspeth Mildren
Accountant · Lawson Grains
★★★★★
"

"We highly recommend the use of AssetAccountant. Our clients benefit immensely from accurate asset register records, making spreadsheet accounting (and typical errors) a thing of the past. We can easily maintain tax and accounting registers providing our clients with accurate and meaningful information. AssetAccountant is a breeze to use, and we love that it integrates with QBO and Xero."

Read more
Leanne Spiteri
Leanne Spiteri
Founder · Virtue Private Advisory