What is AssetAccountant?

AssetAccountant is cloud-based fixed asset depreciation and lease accounting software for Canadian businesses. It automates CRA depreciation rate lookups, tax and accounting calculations, IFRS 16 lease accounting, and journal posting to your GL or ERP.

Does AssetAccountant support IFRS 16 lease accounting?

Yes. AssetAccountant fully supports IFRS 16 lease accounting, including finance leases, right-of-use assets, payment schedules, interest accruals, and lease modifications and terminations.

Does AssetAccountant use CRA depreciation rates?

Yes. AssetAccountant supports CRA depreciation rates for Canadian tax purposes, alongside accounting depreciation, giving you tax and book values side by side in a single register.

Does AssetAccountant integrate with Xero?

Yes. AssetAccountant has a native integration with Xero, as well as QuickBooks Online, Sage Intacct, and Microsoft Dynamics 365. Journal entries sync directly to your GL with one click.

Is there a free trial?

Yes. AssetAccountant offers a 30-day free trial with no credit card required. Free implementation support is included from day one of your trial.

Who uses AssetAccountant in Canada?

AssetAccountant is used by Canadian corporations, SMEs, and accounting firms managing fixed asset registers and lease schedules. Canadian clients include Entreflow, St. John's International Airport, Miro Solutions and many more organisations across healthcare, real estate, energy, and more.

What is AssetAccountant?

AssetAccountant is cloud-based fixed asset depreciation and lease accounting software for Australian businesses. It automates ATO effective life lookups, tax and accounting depreciation calculations, AASB 16 and IFRS 16 lease accounting, and journal posting to your GL or ERP.

Does AssetAccountant support AASB 16 lease accounting?

Yes. AssetAccountant fully supports AASB 16 and IFRS 16 lease accounting, including finance leases, hire purchases, right-of-use assets, payment schedules, interest accruals, and lease modifications and terminations.

Does AssetAccountant use ATO effective life rates?

Yes. AssetAccountant automatically looks up ATO effective life rates for each asset class, eliminating manual research. Both prime cost and diminishing value methods are supported alongside accounting depreciation.

Does AssetAccountant integrate with Xero?

Yes. AssetAccountant has a native integration with Xero, as well as QuickBooks Online, Sage Intacct, and Microsoft Dynamics 365. Journal entries sync directly to your GL with one click.

Is there a free trial?

Yes. AssetAccountant offers a 30-day free trial with no credit card required. Free implementation support is included from day one of your trial.

Who uses AssetAccountant?

AssetAccountant is used by Australian corporations, SMEs, and accounting firms managing fixed asset registers and lease schedules. Clients include PwC, Grant Thornton, Baker Tilly, and organisations across healthcare, real estate, manufacturing, hospitality, and more.

Thank you!

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We will get back to you as soon as we can.

In the meantime:

Please create a free account and explore the video hub to quickly learn about the fixed asset accounting functionality most interesting to you.

By setting up a free account, you will be given a full-featured fixed asset register, relevant to your jurisdiction, that you can test and manipulate to get a feel for AssetAccountant.