CPA Practice Advisor

MAY 2017

Today's Technology for Tomorrow's Firm.

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MAY 2017 ■ www.CPAPracticeAdvisor.com 9 ASSET MANAGEMENT SYSTEMS: REVIEW www.bassets.net eDepreciation from Bassets is well- suited for small businesses to Fortune 10 companies as well as accounting firms that want to provide their clients with a top-notch fixed asset manage- ment package. Designed to be installed on a SQL Server or a local desktop, eDe- preciation is scalable with four versions available that offer support for less than 1,000 assets to greater than 100,000 assets being managed in the system. eDepreciation also provides customers with the ability to manage multiple companies (entities) simultaneously within a single database. Bassets has also introduced a cloud-based deprecia- tion application called Depre123, which is also reviewed in this issue. eDepreciation offers solid data import capability, with users able to import fixed asset data from Microsoft Excel, fixed length, and comma delim- ited ASCII files. The product handles partial and complete transfers and/or disposals for which users can assign either a percentage or a dollar amount. Read the full review for this product online at: www.CPAPracticeAdvisor.com/ 12331926 eDepreciation Fixed Assets System Bassets 4.75 2017 OVERALL RATING 5 2017 OVERALL RATING 4.5 2017 OVERALL RATING ACUMATICA FIXED ASSETS MGMT. x x x x x x x x x x x BASSETS eDEPRECIATION x x x x x x x x x x x x BNA FIXED ASSETS x x x x x x x* x x x x x x CCH PROSYSTEM FX FIXED ASSETS x x x x x x x x x x x x CELLUTIONWARE x x x x x x DEPRECIATIONWORKS x x x x x x x x INTUIT PROSERIES FIXED ASSETS x x x x x x x x x x x MONEYSOFT FIXED ASSETS PRO x x x x x x x x x x x PROWARE ASSET KEEPER x x x x x x x x x x x x SAGE FIXED ASSETS x x x x x x x x x x x x x THOMSON REUTERS FIXED ASSETS CS x x x x x x x x x x x x WASP ASSET CLOUD APPS ASSET PANDA x x x x x x** x x x GOCODES x x x x x x** x x x DEPRE123 x x x x x x x x** x x x CLOUD VERSION AVAILABLE MULTIPLE COMPANY CAPABILITY EASY ASSET ENTRY MULTIPLE BOOKS/ TREATMENTS MULTIPLE DEPRECIATION METHODS USER-DEFINED FIELDS AVAILABLE TRACKS INSURANCE, WARRANTIES AND REPAIRS ASSET/DEPRECIATION REPORTS INTEGRATION WITH OTHER APPLICATIONS TUTORIALS, HELP AND SUPPORT OPTIONS INTEGRATES WITH PRODUCT MODULES IMPORT/EXPORT CAPABILITY ASSET TRANSFERS AND DISPOSALS Read all reviews for Fixed Assets online at: www.CPAPracticeAdvisor.com/12331470 *with optional module **Asset/inventory reports only www.bnasoftware.com BNA Fixed Assets is a good fit for accounting firms of any size. The product can also be utilized by larger businesses that wish to handle fixed asset and depreciation management in-house. BNA Fixed Assets is available as a desktop application, installed in a network environment, or delivered as a SaaS application. BNA easily handles an unlimited number of companies, with a new company wizard available that simpli- fies new company setup. A wizard is also available to assist users when adding a new asset. The product also contains a list of predefined asset types which users can utilize when adding a new asset. The asset types can also be customized to better suit user needs. A Copy function is also found in the product, which can be utilized when similar assets are being entered. Read the full review for this product online at: www.CPAPracticeAdvisor.com/ 12331923 BNA Fixed Assets www.CCHGroup.com/FixedAssets CCH ProSystem fx Fixed Assets from Wolters Kluwer Tax & Accounting, is designed for accounting firms that handle asset and depreciation man- agement for a variety of clients; large and small. Though best suited for accounting firms, CCH ProSystem fx Fixed Assets can also be used by larger businesses that wish to manage assets and depreciation in-house. The system can be used as a stand-alone product, though users will experience additional product functionality when it is paired with other CCH ProSystem fx applications. CCH ProSystem fx Fixed Assets also offers a variety of deployment options, including desktop, in-house network, or through a web browser. The product easily handles an unlimited number of both companies and assets. Read the full review for this product online at: www.CPAPracticeAdvisor.com/ 12331880 CCH ProSystem fx Fixed Assets Wolters Kluwer Tax & Accounting

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