As the owner of a USA bookkeeping firm (CO) I have clients with fixed assets requiring IRS (MACRS) and US GAAP treatment for depreciation. Having previously used desktop-based software and Excel spreadsheets, AssetAccountant’s cloud-based application that integrates fully with Xero is much more user-friendly and easy to navigate for both book and tax. Complex functions (e.g. adjustments, partial disposal, revaluations, etc.) are made easy to run journals and tax reports. Although I don’t use it, the ASC842 capability looks good too. Highly recommend taking a trial of this software.

Easy to use, great customer support and overall good experience

Asset Accountant (AA) has produced the ultimate Fixed Asset Management System. AA integrates seamlessly with Xero and produces reports that satisfies any auditor with easy to trace transactions that are verifiable. The real hidden gem is their Lease Accountant facility which takes all the heartache and time consuming issues out of AASB16. Fantastic product - has literally save me hours of work

Asset Accountant has transformed the way our team prepares depreciation schedules for clients. It has literally saved us hundreds of hours! Asset Accountant is easy to use, handles complex depreciation calculations with ease, provides both tax depreciation and accounting depreciation with a click of a button, and enables us to share complex asset management with clients. This app is a must for anyone looking to simplify their asset management and depreciation compliance. You will have a new found appreciation for depreciation! :) Just get it!

AssetAccountant has been a great addition to our monthly processes. Having a consistent way to manage fixed assets has made us more efficient and the integration with Xero is seamless. Very feature-rich for the price and great support!

Ever wanted the big company fixed asset system without all the clunckiness and overthinking on the part of the software developers (I'm looking at you Thomson Reuters...)? Well then you need Asset Accountant. It provides just the right mix of complex depreciation calculations and beautiful user interface. It's a system designed by accountants and executed perfectly by developers. The integration is seamless with Xero (you can sign into AA with Xero credentials which is awesome if you are already running Xero on your browser) and journaling synchs are very flexible between the two applications. Then there is the price. I challenge you to find a more robust fixed asset system at these price points. Well done AssetAccountant. You get me. I now have my big boy jocks back on for fixed asset management....and they fit!