AA is cloud-based fixed asset depreciation software that calculates and journals depreciation. It is best-of-breed software that handles large volumes of assets, multiple books with built in tax and depreciation rules for a number of jurisdictions and manages complex scenarios such as leases and components.
AA is 100% cloud-based. No software installations required and the service can be accessed on any device with an internet connection. You receive the benefits of regular updates communicated monthly.
Whilst AA supports a suite of custom fields and tracking categories at the asset level, the primary focus is depreciation calculation and journaling of fixed assets.
Yes. Currently we support deep integrations with QuickBooks Online, Sage Intacct and Xero. More integrations coming soon.
AA is ISO27001 certified and is audited annually for compliance. We can supply our Information Security Management System Schedule on request. This document details information about our systems, processes and backup procedures.
Yes. We will assess your individual requirements and propose pricing accordingly.
NOTE: Free and Basic subscriptions (see pricing page) allow only one fixed asset register per account.
Yes. Administrator, User and Read-Only permission levels are supported. You can download a structure information diagram.
AA accommodates International Financial Reporting Standards (IFRS/GAAP) and supports all international jurisdictions. When setting up each register, the User chooses for which jurisdiction and standard it will be set to. Because of their added complexities, AA has deep support for and actively monitors the tax rulings for Australia (ATO) and New Zealand (IRD). AA supports the full range of methods available (E.g. Diminishing Value, Div43, Prime Cost, Straight Line, Blackhole Expenditure, Immediate and more). AA has a handy ATO/IRD lookup tool here: Fixed Assets Depreciation Life/Rate Lookup Tool
Yes. It is very easy in AA to see each set of numbers and run reports.
Yes. You can setup your fixed asset register to have a separate Asset Group for intangible assets (then again by a parent grouping – optional) therefore separating amortised assets from the rest of your register.
AA actively monitors changes in legislation and updates each jurisdiction’s depreciation settings accordingly. For example, ATO and IRD tax depreciation rulings are accommodated (e.g. IAWO). Different settings can be applied for tax and balance sheet/book value.
Yes, AA can import assets with a Tax and Accounts depreciation setting of NONE and separately group these assets/projects. Separately, each asset can be allocated a different purchase / first use date so depreciation is only posted after first use.
Yes. AA fully supports unlimited tracking categories (Classifications) which supports posting journal entries to different business units. Typically AA clients use this functionality for separating journal posting by cost centres, locations, projects, profit centres, etc.
It is easy to transfer assets and have the depreciation journal data move with them.
AA supports as many custom fields as your register requires.
AA supports all jurisdictions worldwide and the appropriate setting can be selected when setting up new accounts/registers. AA deeply supports ATO (Australia) and IRD (New Zealand) which are particularly complex.
AA has a comprehensive standard suite of reports. They are not customisable as such, however all data in any view can be downloaded to CSV for further analysis.
Yes! You can attach any image type or PDF document to any asset. As many as you need.
You can also choose to add a URL that points to any accessible web address.
AA supports the best-practice monthly posting of depreciation journals to the General Ledger. Of course you can choose quarterly or annual posting also.
Yes. Simply sign up at https://app.asset.accountant and you will be granted a free-to-use account with a cap of 10 assets. Full functionality – no feature restrictions.
Alternatively, contact us and we will be pleased to offer larger businesses a fully-featured trial account with no limitations on features or cap limits.
No problems – Let your client representative know you need an extension and arrangements will be made to make sure your trial account and its data is not erased.
Yes – Your data in AA is always yours and you will have plenty of opportunity to download ALL of your account data. You can refer to our terms and conditions.
Yes AA has both a ticketed support system and a knowledgebase at https://support.asset.accountant.
AA’s pricing is based on the volume of assets/registers and the complexity of functionality your account requires. Not by how many Users. Feel free to invite as many Users or Administrators to your AA account as you wish. You can do this via the Register Settings tab.
Pricing is determined by 3 factors:
Monthly pricing plans start from as little as $5AUD per month for a single register with “Basic” functionality for up to 100 assets.
For accounting firms and corporate fixed asset depreciation register requirements, that are typically larger and more complex, contact us for custom annual subscription pricing.
No. You need to export your data from the existing system, which is usually quite simple, nominate an end period with Written Down Values (WDVs) for Tax and Accounts and include all relevant asset data. We have a full implementation guide you can download and follow at https://support.asset.accountant. It has been designed and presented in signifiant detail. Alternatively, we will be delighted to refer you to our low-cost data conversion services.
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.
Marco Abril - Financial Controller, TPM Builders
Please wait while you are redirected to the right page...