AssetAccountant™ for accounting firms

Sophisticated enough for Tier 1 practices, user-friendly enough for sole practitioners.

We take depreciation and leasing seriously

We undertake detailed modelling of fixed asset depreciation and lease calculation rules for both accounting and tax.

We monitor changes to ATO tax rulings and accounting standards like IAS 16 and IFRS 16 so you don’t have to.

And, of course, we are ISO27001 certified.

We take depreciation and leasing seriously

We undertake detailed modelling of fixed asset depreciation and lease calculation rules for both accounting and tax.

We monitor changes to IRD tax rulings and accounting standards like IFRS 16 so you don’t have to.

And, of course, we are ISO27001 certified.

We take depreciation and leasing seriously

We undertake detailed modelling of fixed asset depreciation and lease calculation rules for both accounting and tax.

We monitor changes to IRS tax rulings and accounting standards like US GAAP and ASC 842 so you don’t have to.

And, of course, we are ISO27001 certified.

We take depreciation and leasing seriously

We undertake detailed modelling of fixed asset depreciation and lease calculation rules for both accounting and tax.

We monitor changes to tax rulings and accounting standards like IFRS and US GAAP so you don’t have to.

And, of course, we are ISO27001 certified.

Ask us anything

Architected to meet the demands of large, multinational accounting firms

  • Cloud-based, API-first platform
  • Unlimited users – share data across offices
  • Performs at scale – manage thousands of client registers from a single interface
  • Single Sign On (SSO) capable
  • Integrated with leading GLs and ERPs
  • ISO27001 certified
  • Private infrastructure available

Deep coverage of depreciation and leasing concepts:

US GAAP depreciation coverage:
IFRS depreciation coverage:
  • Straight line, declining balance, units of use, immediate treatments
  • Impairments
  • Adjustments and Reassessments
  • Components and works in progress
  • Partial acquisitions and disposals
  • Prime cost, diminishing value, units of use, immediate treatments
  • Revaluations and Impairments
  • Adjustments and Reassessments
  • Components and works in progress
  • Partial acquisitions and disposals
  • Straight line, declining balance, units of use, immediate treatments
  • Revaluations and Impairments
  • Adjustments and Reassessments
  • Components and works in progress
  • Partial acquisitions and disposals
  • Straight line / prime cost, declining balance / diminishing value, units of use, immediate treatments
  • Revaluations and Impairments
  • Adjustments and Reassessments
  • Components and works in progress
  • Partial acquisitions and disposals
ASC 842 leasing coverage:
IFRS 16 leasing coverage:
  • Finance lease, operating lease and hire purchase agreements
  • Lease opening balances
  • Lease terminations
  • Lease refinancing and adjustments
  • Multiple assets per lease
Detailed IRS rules, including:
Detailed ATO rules, including:
Detailed IRD rules, including:
Standard tax methods including:
  • MACRS Depreciation Methods (GDS and ADS)
  • Mid-year, Mid-Quarter and Mid-Month conventions
  • Section 179
  • Bonus Depreciation
  • Low Value Pool
  • Small Business Pool
  • Software Pools
  • Division 43
  • Blackhole Expenditure
  • Luxury Vehicle Caps
  • Backing Business Investment
  • Automated ATO effective life lookups
  • Straight line, declining balance and immediate treatments
  • Intangibles, Buildings and Non-Residential Buildings
  • Accurate disposals treatment
  • Equal or unequal months depreciation
  • Automated IRD depreciation rate lookups
  • Straight Line / Prime Cost
  • Declining Balance / Diminishing Value
  • Immediate treatment
  • Equal months depreciation
  • Unequal months depreciation
Fixed asset depreciation and lease accounting for rental cars
Fixed asset depreciation and lease accounting for health
Accounting Firms Subscription Plans

Flexible, user-friendly presentation of complex functionality:

  • Accounting and tax calculations, side by side
  • Depreciation and leasing calculations, side by side
  • Depreciation and lease liability forecasting
  • ‘Dimensions’ support (eg Profit Centres, Locations, Departments – user defined)
  • Bulk operations (acquisitions, disposals, revaluations, reassessments and more)
  • Consolidated reporting
  • Granular journaling to facilitate bank reconciliations
  • Attachments and Custom Fields

Priced to meet the market:

  • Free to use for a single client fixed asset register with up to 10 assets
  • Unlimited users / seats
  • Low, monthly subscriptions for accounting firms with less than 100 client fixed asset registers
  • Volume-based annual pricing (POA) for accounting firms with more than 100 fixed asset registers or very large fixed asset registers.
Accounting Firms - AssetAccountant Account Structure

AssetAccountant™ – saving you from spreadsheets since 2019

Let's kick some assets. Get started for free.

Why our clients love AssetAccountant™

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.
Greg Singh
Greg SinghGroup 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.
Sharon Hughes
Sharon HughesCFO, Buildsafe
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.
John Smith
John SmithCFO & 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.
Photo of Suzanne Walker- Clear Path Accounting Team Member
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!
Chris J Emerson CPA
Chris J Emerson CPAEmerson 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.
Marco Abril - TPM Builders Team Member
Marco AbrilFinancial Controller, TPM Builders
It’s amazing we calculated this year’s depreciation in just a matter of minutes!
Image of a Beca Group Team Member
Veenith SinghGroup 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.
Con Kirgianis
Con KirgianisFinance 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.
Matt Pisarski - Intuit Team Member
Matt PisarskiGlobal 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.
Kim Stanton
Kim StantonChief 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.
Alan Fitzgerald - Practice Connections Team Member
Alan FitzGeraldFounder, 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.
Elspeth Mildren
Elspeth MildrenAccountant, 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.
Leanne Spiteri
Leanne SpiteriFounder, Virtue Private Advisory
Previous
Next

Accounting firms subscription plans

AssetAccountant™ is priced to suit accounting firms of all sizes

  • All subscriptions are for unlimited users / seats
  • Low, monthly subscriptions for accounting firms with less than 100 client registers*
  • Volume-based, annual pricing for accounting firms with large numbers of client registers or very large fixed asset registers.

Free

$0

single register*
up to 10 assets

Try For Free
  • Includes all 'Standard + Leases' features
  • Unlimited Users
  • No time limit
  • Upgrade / downgrade at any time

Standard

$2.50

per register* (minimum 10)
$1.50 per additional register 

Start Now
  • Revaluations, Impairments and Adjustments
  • Partial acquisitions and disposals
  • Reassessments and Taxable use treatment
  • Classifications (e.g. cost centres) and Custom Fields (e.g. serial #s)
  • Components and Works in Progress
  • Bulk actions (e.g. acquisitions, disposals, reassessments, revaluations)
  • Work in Progress (WIP, CIP)
  • Consolidations (single country)
  • Automated ATO effective life lookup
  • Detailed ATO Pool modelling (Low Value, Small Business and Software pools)
  • Xero and QuickBooks Online integration
  • Revaluations and Adjustments
  • Partial acquisitions and disposals
  • Reassessments and Taxable use treatment
  • Classifications (e.g. cost centres) and Custom Fields (e.g. serial #s)
  • Components and Works in Progress
  • Bulk actions (e.g. acquisitions, disposals, reassessments, revaluations)
  • Work in Progress (WIP, CIP)
  • Consolidations (single country)
  • MACRS methods, Section 179 and Bonus Depreciation
  • Automated IRS effective life lookup
  • Xero and QuickBooks Online integration
  • Revaluations, Impairments and Adjustments
  • Partial acquisitions and disposals
  • Reassessments and Taxable use treatment
  • Classifications (e.g. cost centres) and Custom Fields (e.g. serial #s)
  • Components and Works in Progress
  • Bulk actions (e.g. acquisitions, disposals, reassessments, revaluations)
  • Work in Progress (WIP, CIP)
  • Consolidations (single country)
  • Automated IRD depreciation rate lookup
  • Xero and QuickBooks Online integration
  • Revaluations, Impairments and Adjustments
  • Partial acquisitions and disposals
  • Reassessments and Taxable use treatment
  • Classifications (e.g. cost centres) and Custom Fields (e.g. serial #s)
  • Components and Works in Progress
  • Bulk actions (e.g. acquisitions, disposals, reassessments, revaluations)
  • Work in Progress (WIP, CIP)
  • Consolidations (single country)
  • Xero and QuickBooks Online integration

Standard + Leases

$4.50

per register* (minimum 10)
$2.50 per additional register

Start Now
  • Standard plus:
  • Finance leases
  • Hire purchase agreements
  • Right of use assets
  • ASC 842 coverage
  • Multiple assets per lease
  • Lease Refinancing
  • Lease Termination
  • Lease Opening Balances
  • Automated payment schedules
  • Automated journaling
  • Standard plus:
  • Finance leases
  • Hire purchase agreements
  • Right of use assets
  • IFRS 16 coverage
  • Multiple assets per lease
  • Lease Refinancing
  • Lease Termination
  • Lease Opening Balances
  • Automated payment schedules
  • Automated journaling
  • * An asset register is generally equivalent to a client account – most businesses have a single asset register
  • Sage Intacct and Microsoft Dynamics integration is included in the Free plan for demo only. Please contact us for pricing.
  • All plans billed monthly, per register
  • All plans assume an average register size < 100 assets for billing purposes - however we can handle registers of all sizes.
  • Upgrade / downgrade at any time
Ask us about pricing

Ask us about a demo

AssetAccountant™ is free to use for up to 10 assets

Get a new lease on life. Try AssetAccountant™ for free.

Fixed asset depreciation software and lease accounting software. Saving you from spreadsheets since 2019.

Get started for free
Other Links
Socials
Linkedin Youtube
Contact Us
Ask us anything

Copyright © 2023