Question 1

What is AssetAccountant?

Accepted Answer

AssetAccountant is cloud-based fixed asset depreciation and lease accounting software for South African businesses. It automates SARS depreciation calculations, IFRS 16 lease accounting, and journal posting to your GL or ERP.

Question 2

Does AssetAccountant support IFRS 16 lease accounting?

Accepted Answer

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

Question 3

Does AssetAccountant support SARS depreciation rules?

Accepted Answer

Yes. AssetAccountant supports SARS tax depreciation alongside accounting depreciation under IFRS, giving South African businesses tax and book values side by side in a single fixed asset register.

Question 4

Does AssetAccountant integrate with Xero or QuickBooks?

Accepted Answer

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

Question 5

Is there a free trial?

Accepted Answer

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

Question 6

Who uses AssetAccountant in South Africa?

Accepted Answer

AssetAccountant is used by South African corporations, SMEs, and accounting firms managing fixed asset registers and lease schedules. Clients include organisations across mining, energy, real estate, healthcare, and professional services.

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