AssetAccountant™
Features & Functionality

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
DATA ENTRY
JOURNALS
REPORTS
DEPRECIATION RULES

POOLS
INTEGRATION
INFRASTRUCTURE & SECURITY
SCREENSHOTS

CORE FEATURES

Say goodbye to complex spreadsheets and desktop asset register software

Accounting and Tax

Easily maintain registers for both regimes

Reports

Comprehensive reporting for Accounting and Tax

ATO Depreciation Methods

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

ATO Pools

Small Business Pool, Low-Value Pool, Software Pool

NZ IRD

NZ IRD Tax depreciation methods

IFRS / GAAP

Compliant with International Financial Reporting Standards

Taxable Use

Apportion calculations between business and personal use

Full Automation

Automated imports, calculations and journals

Depreciation Projections

View depreciation calculations over any time period

Audit Trail

Track all transactions and reversals

Hire Purchase & Leasing Engine

COMING SOON

DATA ENTRY

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

Import Data

Import your existing asset registers in seconds

Core Asset Functionality

Purchases, Disposals, Methods, Rates, First Use, Opening Balance

Advanced Asset Functionality

Transfers to Pools, Reversals, Taxable Use Declarations, Valuations

Unlimited Asset Groups

Rapidly define Asset Groups to align with your balance sheet

Reassessments

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

Capital Gains Tax

Record Capital Gains Tax dates independently of Purchase and First Use

Asset Components

Group related assets with different depreciation treatments
COMING SOON

Cost Centres

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

JOURNALS

Automated depreciation journals posted straight to your General Ledger

Automated Journal Creation

Instantaneous generation of purchase, depreciation and disposal transactions

Adjustment Journals

Never reverse a journal again with our adjustment journal functionality

Chart of Accounts Mapping

Map journals to your General Ledger Chart of Accounts

Automated Posting

Post journals directly to your General Ledger

Export Journals to Excel

Export journal entries to Excel

REPORTS

A full suite of reports to facilitate effortless compliance

Asset Group Summary

Summary data for Tax and Accounts across any timeframe

Asset Summary

Detailed information about Assets across any timeframe

Asset Transaction Report

Detailed breakdown of all transactions for any Asset

Acquisitions & Disposals

Detailing Acquisitions or Disposals across any time period

Export to PDF or Excel

Flexible export formats to suit how you work

Depreciation Forecasts

Forecast across any period
COMING SOON

DEPRECIATION RULES

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

Diminishing Value

Depreciate assets more aggressively in the early years

Prime Cost

Depreciate uniformly over an asset’s effective life

Luxury Motor Vehicle

Full coverage of all ATO Luxury Vehicle caps

Backing Business Investment

Full treatment of BBI Accelerated Depreciation rules

Immediate

Immediate / Instant Asset Writeoff treatment

Division 43

Building and Construction related depreciation rules

Blackhole Expenditure

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

Primary Production

For our Farmers
COMING SOON

ATO Effective Life Lookup

COMING SOON

NZ IRD Rate Lookup

COMING SOON

POOLS

Comprehensive treatment of pooled assets

Small Business Pool

Simplified rules for small businesses

Low-Value Pool

Pooled assets for larger businesses

Software Pool

In-house software development

Project Pools

COMING SOON

INFRASTRUCTURE AND SECURITY

Extensibility. Maintainability. Interoperability. Portability.

API-Driven and Integration Ready

Cloud-Based, Secure, Scalable Architecture

ISO27001 Certified Company

Unlimited Users

INTEGRATION

AssetAccountant™ integrates with the following software

Intuit QuickBooks Online

TaxLab

UNDERWAY

Sage Intacct

UNDERWAY

MYOB

COMING SOON

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