SQL Asset Management System offers online support, and business hours support. SQL Asset Management System offers a free version. SQL Asset Management System is available as SaaS, Android, iPhone, and iPad software. Some alternative products to SQL Asset Management System include AMS - Asset Management, Bassets eDepreciation, and Lease4000.
Snipe-IT is a free, open source IT asset management system that helps you manage assets, software licenses, accessories, components and consumables within your organization.
The Fixed Asset Accounting Software primarily caters to the accurate calculation of depreciation values and comprehensive reporting of all financial information related to fixed assets on the balance sheet. The Fixed Asset Accounting software is used for preventive maintenance procedures, detailed financial accounting and asset tracking implementations. Deployed in various SMEs, small and large business corporations, fixed assets accounting software automates various accounting procedures and tracking systems.
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Based on intensive research and comparative analysis of performance levels, we have curated a list of 10 best fixed assets accounting software that have highly benefited various business organizations. Check them out!
10 Best Fixed Assets Accounting Software
1. Sage Fixed Assets
This is one of the best fixed assets accounting software solutions in the present market and it provides great flexibility in its various functionalities. It offers SaaS based payment solutions for corresponding web based deployment practices. Sage Fixed Assets is an ideal software for startups, individuals, enterprise, SMEs and agencies and offers the most affordable pricing solutions.
Features:
Offers Web-based Deployment
User-friendly interface for greater navigation purposes
Provision for highly effective inventory management system
Availability of full customization features as per the business requirements
Applicability on mobile platforms like Android, IOS, Windows and Blackberry
High end support for desktop platforms like Mac, Windows and Web OS respectively
Full compliance of depreciation standards with regards to latest government regulations
Availability of more than 50 depreciation methods like MACRS 150 percent and 200 percent, Straight-line, ACRS, etc.
2. BNA Fixed Assets
BNA Fixed Assets is popularly known for its compliance to high performance standards in the market, and especially when it comes to fixed assets regulations. This particular software is known for drastically reducing the efforts required to bring about effective management and tracking of fixed assets in any business organization.
Features:
Full time compliance with built-in tax code and violation alert
Greater visibility and control through extensive audit trial schemes
Complete automation with tax and accounting systems
Comprehensive report generation for critical data analysis
Experts’ wizard guide solutions for implementation of new assets into the mainstream database.
Real time depreciation calculation through ‘Open Timeline’ feature
Built-in templates and policies for error-free data entry operations.
3. AssetWorks
Another of the best fixed assets accounting software solutions in the market, AssetWorks offers comprehensive and excellent features of property tracking, accounting and reporting. AssetWorks brings-in greater integrity of asset management solutions through high end performance levels, greater efficacy and effective business workflow procedures.
Features:
Provision of automated transfer management solutions
Incorporation of multiple methods for asset depreciation
Full fledged asset maintenance and calibration technologies
Mobile inventory capabilities and easy assistive systems
Dynamic reporting tools
Comprehensive report generation for accurate analysis
Compliance reporting and asset valuation
Annual updation of asset values and incremental valuation
4. ProSeries Fixed Asset Manager
The ProSeries Fixed Asset Manager provides excellent asset-tracking features and accurate generation of client’s depreciation values. Offered for Startups and SMEs, this software comes in quite handy with exclusive reporting tools and techniques. This software is also available as an add-on solution for ProSeries Professional and also as complete standalone software.
Features:
Separation of deprecation values for book and tax systems respectively
Facilitation for asset tracking and purchasing for a duration of one year
Exclusive Modified Accelerated Cost Recovery System (MARCS) depreciation strategy
Compliance reporting tools for client property and tax return solutions
Toll Free U.S. based support system and service-cum-delivery.
Highly effective and user friendly interface with greater customization features
Intuitive mobile monitoring schemes for tracking even while ‘on the go’
5. Real Asset Management
Real Asset Management offers excellent asset tracking, professional asset accounting and integrative maintenance management solutions for businesses and commercial organizations. This software finds great applicability in the various SMEs, Enterprises, Not-For-Profit organizations, Commercial corporations and Health Care organizations.
Features:
Accurate processing and forecasting of depreciation values
High end capital expenditure control and lease accounting solutions
Highly effective asset tracking and physical auditing
Complete adherence and compatibility to the audit requirements
Facilitation of reduction in insurance premiums
Location based audit evaluation and assessment
Hierarchical transactional maintenance with full and part time disposal systems
6. AssetExpert
AssetExpert is one of the top fixed asset accounting and management software solutions provider in the market. Designed to reduce operational and maintenance costs incurred through effective asset management, this particular software is a niche in itself. It is known for its greater applicability and high performance standards.
Features:
Facilitation of income tax accounting with two additional books
Inbuilt SLM and WDV methods for greater performance levels.
Highly accurate calculation of client’s depreciation values and comparison schemes
On-time notification schemes and reminders against potential warranty expiration, Insurance, AMC, etc.
Full time linking with barcode scanner for better barcode verification
Web-based software deployment with SaaS based payment subscription
Fixed asset scheduling with excellent audit and tracking options
7. Intacct Fixed Assets Software
Intacct Fixed Assets Software provides merger functionalities of fixed assets and core accounting features for catering to various business requirements. This software is highly popular for its complete dedication towards excellent performance criteria. It also provides complete, flexible and automated delivery system. One of the most sought after fixed assets accounting software solutions in the industry, it is highly applicable for Startups, Individuals, SMEs, and Giant Corporations alike.
Features:
Integrated technology for easy asset monitoring and management
Full fledged and comprehensive automation for dominant reduction of manual efforts during monthly close
Cloud ERP system for greater asset risk avoidance and management
Incorporation of dimensional visibility to the business solutions for improved decision making
Customizable interface for providing essential navigation features as per the business requirements
World class security solutions with high end backup and support systems
Straight Line and MARCS depreciation methods for easy accounting solutions
8. xAssets
Asset Management Software Reviews
xAssets Fixed Assets Accounting Software is a browser-based fixed asset register that caters to Asset management and depreciation, asset accounting, preventive maintenance, bar-coding, asset lifecycle processes, procurement and disposal. It offers a comprehensive solution to fixed asset management and depreciation for SMEs but the functionalities can be extended to cater to the business needs of higher organizations too.
Features:
Integration of asset lifecycle – from procurement to final disposal and asset registration
High end accuracy in depreciation and asset accounting solutions
Planned maintenance and processing of work orders
Easy configuration and customization options
Browser based implementation
SAAS based hosting and installation
Improved scalability and comparative analysis of IFRS, US GAAP, UK GAAP and Canada GAAP
Asset Management Software Mac
9. Wasp Asset Tracking
Asset Management Software Freeware
Wasp Asset Tracking provides excellent asset tracking solutions in terms of all the necessary software, hardware and asset tags required. The software helps in implementing a hassle-free and automated-asset management system. It offers one of the richest asset tracking features in the present industry and even provides comprehensive and affordable cloud-based solutions in the form of AssetCloud.
Features:
Easy to use interface for greater navigation purposes
Complete elimination of manual tracking schemes and solutions
Comprehensive data build and reports generation with graphical implementation
Centralized role-based security standards
Provision for general ledger, accounts payable and purchasing modules for greater applicability.
10. NetSuite Fixed Assets Management
NetSuite Fixed Assets Management provides easy to manage solutions for taking complete control over the asset lifecycle processes. The software also provides easy to use solutions when it comes to necessary depreciation, re-evaluation and disposal procedures. It also provides detailed asset management, maintenance and insurance schedules for better integration into the financial statements.
Features:
Customized management and reporting of the asset lifecycle
Integration of asset management with accounting solutions
Applicability and support for all depreciation standards
Option of posting depreciation and asset retirements to Netsuite accounts
Comprehensive data analysis and report generation in terms of assets, depreciation and valuation
SaaS based subscriptions to fit the IT business strategy
The Bottom Line
It Asset Management Software
Fixed Assets Accounting Software is crucial in today’s world considering the greater need of automation required in various business and financial fields. Also, it significantly reduces the overhead costs incurred on manual processes, error maintenance and error correction issues. The Fixed Assets Accounting Software also drastically reduces the time complexity levels on many fronts. On the whole, it can be rightly said that the incorporation of this Software in a business or financial organization brings about simplification of workflow, improved productivity and excellent financial standards!