CPA Practice Advisor - 30

REVIEW: FIXED ASSET MGMT SYSTEMS
MoneySoft Fixed Asset Pro
www.moneysoft.com
Fixed Asset Pro from MoneySoft is
well suited for small to mid-sized
businesses looking for a no-frills
asset and depreciation management
application. Because of its ability to
easily import and export data files,
accounting firms handling asset and
depreciation management for clients

may find the product useful. MoneySoft
is designed to be used as a standalone
asset management application, with
the product designed for installation
on desktop or laptop computers.
Fixed Asset Pro is currently available for $499 per year for a single user
system, or users can opt to purchase a
site license for $599. Those interested

in Fixed Asset Pro can request a demo,
or access the product video on the
MoneySoft website. watch the product
video. the application can download a
full version of the product from the
MoneySoft website. MoneySoft is also
currently including it Quick Start
Training with all purchases at no
additional cost.

Pro-Ware Asset Keeper
www.proware-cpa.biz
Pro-Ware Asset Keeper from ProWare LLC is a good fit for accounting
professionals as well as businesses
looking to computerize fixed asset
and depreciation management. Built
as a cross-platform application, Asset
Keeper includes a site license, which

allows businesses to install the application on multiple computers. Asset
Keeper supports an unlimited number
of clients and fixed assets, making it a
good fit for businesses and firms of just
about any size.
Asset Keeper from Pro-Ware is
a good option for businesses and

accounting professionals that prefer
an on-premise application. The initial
purchase of Asset Keeper currently
runs $499 per year, which supports an
unlimited number of users. Pro-Ware
offers a fully functioning demo that
can be used for up to 30 days, with both
Windows or Mac versions available.

Sage Intacct Fixed Assets
www.sageintacct.com
Sage Intacct Fixed Assets is designed
to integrate with Sage Intacct's core
financial modules. Not suitable as a
stand-alone application, Sage Fixed
Assets is best suited for current Sage
Intacct users looking to manage fixed
assets and depreciation, and is a good
fit for mid-sized and enterprise businesses with a large number of fixed

assets to manage.
Sage Intacct Fixed Assets offers
easy asset entry and includes complete integration with both AP and
Purchasing modules, with users able to
recognize fixed assets directly from the
module's interface screen, eliminating
the need to add assets manually. Leasehold improvements can be capitalized
in Sage Intacct Fixed Assets, converting

expenses directly to fixed assets when
put into service. Users also have the
option to import assets from other
third-party applications directly into
Sage Intacct Fixed Assets if needed.
Sage Intacct Fixed Assets is an addon module designed to integrate with
Sage Intacct's core financial product.
Best suited for mid-sized businesses
using other Sage Intacct applications,

Thomson Reuters Fixed Assets CS
http://CS.ThomsonReuters.com
Fixed Assets CS from Thomson Reuters
is part of the CS Professional Suite of
applications. Fixed Assets CS is a good
fit for accounting professionals as well
as enterprise level businesses that
wish to handle asset and depreciation
management in-house. As an added
convenience, Fixed Assets CS offers
seamless integration with other CS
Professional Suite applications, though
the product can be used as a stand-

30

AUGUST 2019 ■

alone asset management application
if desired.
Fixed Assets CS can be deployed
in a virtual office setting or as a SaaS
application. During the initial setup
process, users can import asset data
from third-party applications or choose
to enter assets manually.
Fixed Assets CS allows users to
create associations, groups, locations,
or property types to categorize each
asset, with more than 147 predefined

www.CPAPracticeAdvisor.com

associations offered in the application,
with the option to enter 10 custom
associations if desired. Fixed Assets
CS offers a variety of standard treatments such as Tax, Book, all 50 States,
AMT, State AMT, Earnings & Profits,
ACE, and State ACE, with users able to
create an unlimited number of custom
treatments, with the ability to base
depreciation on month, half-year, or
full year periods.

4.5

2019
OVERALL
RATING

Read the full review
for this product online at:
www.CPAPracticeAdvisor.com/
21090169

4.75

2019
OVERALL
RATING

Read the full review
for this product online at:
www.CPAPracticeAdvisor.com/
21090172

4.75

2019
OVERALL
RATING

Sage Intacct Fixed Assets offers a free,
thirty-day trial that interested parties
can download. Pricing for Sage Intacct
Fixed Assets can be obtained directly
from the vendor.

Read the full review
for this product online at:
www.CPAPracticeAdvisor.com/
21090174

5

2019
OVERALL
RATING

Those interested in Fixed Assets
CS can download a free trial of the
application from the CS Professional
website, or request a custom quote.

Read the full review
for this product online at:
www.CPAPracticeAdvisor.com/
21090171
http://www.moneysoft.com http://www.CPAPracticeAdvisor.com/21090169 http://www.proware-cpa.biz http://www.CPAPracticeAdvisor.com/21090172 http://www.sageintacct.com http://www.CPAPracticeAdvisor.com/21090174 http://CS.ThomsonReuters.com http://www.CPAPracticeAdvisor.com/21090171 http://www.CPAPracticeAdvisor.com
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