AssetAccountant™
Features & Functionality

AssetAccountant Fixed Asset Register Software

Call us on 1300 984 378 or
email info@asset.accountant

AssetAccountant™ is a comprehensive cloud-based fixed asset register for managing depreciation.

Sophisticated interpretation of Tax and Accounting rules and modern user interface design gives you confidence and saves you time.

Priced to suit businesses and Accounting Firms of all sizes, AssetAccountant™ is currently available in Australia and New Zealand.

CORE FEATURES

Say goodbye to complex spreadsheets and desktop asset register software

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Accounting and Tax

Easily maintain registers for both regimes
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Reports

Comprehensive reporting for Accounting and Tax
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ATO Depreciation Methods

Div43, Luxury Vehicle, Prime Cost, DV, Blackhole and more
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ATO Pools

Small Business Pool, Low-Value Pool, Software Pool
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NZ IRD

NZ IRD Tax depreciation methods
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IFRS / GAAP

Compliant with International Financial Reporting Standards
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Taxable Use

Apportion calculations between business and personal use
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Full Automation

Automated imports, calculations and journals
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Depreciation Projections

View depreciation calculations over any time period
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Audit Trail

Track all transactions and reversals
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Hire Purchase & Leasing Engine

COMING SOON

DATA ENTRY

Our powerful, intuitive interface saves you time,
freeing you to focus on the big picture.

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Import Data

Import your existing asset registers in seconds
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Core Asset Functionality

Purchases, Disposals, Methods, Rates, First Use, Opening Balance
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Advanced Asset Functionality

Transfers to Pools, Reversals, Taxable Use Declarations, Valuations
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Unlimited Asset Groups

Rapidly define Asset Groups to align with your balance sheet
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Reassessments

Reassess asset useful life, depreciation method and rate at any time
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Capital Gains Tax

Record Capital Gains Tax dates independently of Purchase and First Use
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Asset Components

Group related assets with different depreciation treatments
COMING SOON
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Cost Centres

Flexibly apportion transactions across Cost Centres, Locations, and other classifications
COMING SOON

JOURNALS

Automated depreciation journals posted straight to your General Ledger

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Automated Journal Creation

Instantaneous generation of purchase, depreciation and disposal transactions
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Adjustment Journals

Never reverse a journal again with our adjustment journal functionality
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Chart of Accounts Mapping

Map journals to your General Ledger Chart of Accounts
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Automated Posting

Post journals directly to your General Ledger
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Export Journals to Excel

Export journal entries to Excel

REPORTS

A full suite of reports to facilitate effortless compliance

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Asset Group Summary

Summary data for Tax and Accounts across any timeframe
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Asset Summary

Detailed information about Assets across any timeframe
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Asset Transaction Report

Detailed breakdown of all transactions for any Asset
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Acquisitions & Disposals

Detailing Acquisitions or Disposals across any time period
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Export to PDF or Excel

Flexible export formats to suit how you work
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Depreciation Forecasts

Forecast across any period
COMING SOON

DEPRECIATION RULES

In compliance with the ATO & IRD’s general depreciation rules guidelines

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Diminishing Value

Depreciate assets more aggressively in the early years
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Prime Cost

Depreciate uniformly over an asset’s effective life
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Luxury Motor Vehicle

Full coverage of all ATO Luxury Vehicle caps
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Backing Business Investment

Full treatment of BBI Accelerated Depreciation rules
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Immediate

Immediate / Instant Asset Writeoff treatment
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Division 43

Building and Construction related depreciation rules
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Blackhole Expenditure

S40-880 – treatment of costs of setting up or ceasing a business
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Primary Production

For our Farmers
COMING SOON
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ATO Effective Life Lookup

COMING SOON
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NZ IRD Rate Lookup

COMING SOON

POOLS

Comprehensive treatment of pooled assets

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Small Business Pool

Simplified rules for small businesses
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Low-Value Pool

Pooled assets for larger businesses
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Software Pool

In-house software development
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Project Pools

COMING SOON

INFRASTRUCTURE AND SECURITY

Extensibility. Maintainability. Interoperability. Portability.

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API-Driven and Integration Ready

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Cloud-Based, Secure, Scalable Architecture

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ISO27001 Certified Company

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Unlimited Users

INTEGRATION

AssetAccountant™ integrates with the following software

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Intuit QuickBooks Online

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TaxLab

UNDERWAY
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Sage Intacct

UNDERWAY
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MYOB

COMING SOON
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Xero

COMING SOON

ASSET GROUP VIEW

ALL ASSETS VIEW

INDIVIDUAL ASSET VIEW

SETTING UP A NEW ASSET

SETTING UP A NEW ASSET

INDIVIDUAL ASSET VIEW

LOW-VALUE POOL TRANSFERS