CPA Practice Advisor

MAY 2016

Today's Technology for Tomorrow's Firm.

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May 2016 • www.CPAPracticeAdvisor.com 7 FIXED ASSET MANAGEMENT PROGRAMS Reviews BEST FIT BNA Fixed Assets is well suited to accounting frms of just about any size. Scalable, the product can work well for accountants handling fxed asset reporting for multiple clients, to larger businesses wanting to man- age fxed assets in-house. PRODUCT STRENGTHS • Scalable product is available as a desktop and SaaS product • Contains numerous wizards to assist users in performing system functions • Intuitive user interface makes navigation easy • Product ofers excellent custom- ization capability POTENTIAL LIMITATIONS • Is not part of a more compre- hensive ta x product, though it does ofer excellent integration capability SUMMARY & PRICING BNA Fixed Assets is an easily navigated product designed for use by accountants and CPA frms, as well as large corporations looking to manage fxed assets in-house. Te product ofers both desktop and SaaS installation capability, along with a variety of add-on modules designed to work with the Fixed Asset product. Pricing for BNA Fixed Assets Web starts at around $1,500, and can vary based on number of users and additional modules purchased. www.bnasoftware.com BEST FIT Pro-Ware Asset Keeper is a good ft for mid-sized accounting frms, as well as businesses of any type look- ing to efectively manage their fxed assets. As an added convenience, Pro-Ware Asset Keeper will oper- ate on both Windows and Apple operating systems. PRODUCT STRENGTHS • Easy system navigation • Product ofers excellent report- ing capability • A site license allows unlimited users to access the system • Vendor ofers interim updates, so all system information will be current POTENTIAL LIMITATIONS • Product is not available as SaaS or Cloud-based SUMMARY & PRICING Pro-Ware Asset Keeper is an excellent product suitable for both accountants currently managing client fxed assets or for businesses looking to manage their own assets in-house. Pro-Ware Asset Keeper is available by subscription, with the product downloaded directly from the vendor's website. Asset Keeper is available for $499.00 for a year's subscription, which includes an unlimited number of users in each ofce. www.proware-cpa.com BEST FIT Corporations, nonproft organiza- tions, and government entities that need to manage a large amount of assets in-house. Te product can also be used by accounting frms that current manage client assets and depreciation. PRODUCT STRENGTHS • Product is available online or can be installed locally • Ofers excellent asset manage- ment capability • I nteg rates w it h ot her Sage fnancial products • Constant updates ensures the product oferings are current • Ofers excellent help and support options POTENTIAL LIMITATIONS • Most ta x system integration needs to be completed v ia import/export functions SUMMARY & PRICING Ideal for businesses looking to bring asset management capability in-house, Sage Fixed Assets is avail- able online, as a single user system, or as a client/network installation. Pricing is available from Sage upon request, and generally starts at about $1,500 per license. www.sage.com BEST FIT Fixed Assets CS works well with accounting and CPA frms that currently ofer asset and depre- ciation management services to numerous clients. Fixed Assets CS can be used as a stand-alone fxed asset management program, but works best with other applications in the CS Professional Suite from Tomson Reuters. Te product also works well for businesses that need to manage multiple assets. PRODUCT STRENGTHS • Intuitive interface and navigation • Robust customization capability • Inventory management module included with product • Complete integration with CS Professional Suite of products • Excellent reporting capabilities POTENTIAL LIMITATIONS • Works best if used as part of the CS Professional Suite SUMMARY & PRICING Fixed Assets CS from Tomson Reuters is an excellent ft for both accounting/CPA frms as well as businesses looking for a compre- hensive fxed assets product for in-house use. Te product ofers complete integration with CS Professional Suite products, and can be used as a stand-alone solution if desired. Available as a desktop/ network installation as well as SaaS, pricing starts at around $1,500. CS.ThomsonReuters.com Bloomberg BNA Fixed Assets Pro-Ware Asset Keeper Sage Fixed Assets Thomson Reuters Fixed Assets CS Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12202438 Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12202434 Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12202439 Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12202441 5 4.75 4.75 5 2016 OVERALL RATING 2016 OVERALL RATING 2016 OVERALL RATING 2016 OVERALL RATING

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