AssetAccountant™ is free to use or trial for up to 25 assets.
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 is fully compliant with 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 fully supports and keeps up to date with ATO and IRD tax depreciation rulings. For example, if you create a new asset, you can choose IMMEDIATE method for tax and another method (PC/DV/SL, etc.) for book value (accounts) depreciation for journals posted to the GL's balance sheet.
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 is fully compliant with and actively monitors the tax rulings for Australia (ATO) and New Zealand (IRD). AA also basically supports other Asia-Pacific countries including Indonesia, Thailand, Singapore & Myanmar. Basic support is now also available for our USA clients (1x tax book).
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 25 assets.
Alternatively, contact us for a 14 day 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 $9AUD per month for a single register with basic functionality for up to 500 assets.
For accounting firms and corporate fixed asset depreciation register requirements, that are typically larger and more complex, contact us for annual subscription pricing.
AA will provide support with uploading template data sets. If you require support managing your data or setting up integrations with an ERP such as Sage Intacct or Xero, please contact one of our implementation partners.
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 to enable your delegation to lower cost resources.
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