ProSeries Fixed Asset Manager

ProSeries Fixed Asset Manager is a fixed asset management and depreciation tracking software to track assets and calculate your clients’ depreciation automatically.

ProSeries Fixed Asset Manager is available as an add-on to the Professional edition of Intuit ProSeries Tax or as a stand-alone software.

Video Overview

ProSeries Fixed Asset Manager Features

• Unlimited asset tracking
• Automatic depreciation calculation
• Separate values for book and tax depreciation
• Ability to track asset purchases and sales throughout the year
• Different Modified Accelerated Cost Recovery System (MACRS) depreciation methods
• Reporting for client property tax return
• Depreciation schedule (including categories) along with tax returns
• Asset splitting into two or more new assets
• Monthly depreciation reports
• Information changes to multiple assets at one time
• Transfer of asset data to any ProSeries federal tax program
• Automatic creation of clients in Fixed Asset Manager, imported from ProSeries
• Asset grouping by common categories you define
• Depreciation calculation on up to six different asset bases: book, federal, state, Alternative Minimum Tax (AMT), Adjusted Current Earnings (ACE) and custom
• Over 35 predefined reports
• Client template setup
• Printing tax worksheets for Forms 4562, 4626 and 4797
• Section 179 expense tests and mid-quarter determinations and calculations
• Automatic calculation of tax preference amounts, prior-year depreciation, and gains and losses on asset sales
• Project depreciation through the life of an asset
• Copying assets from within a company or from one company to another
• Interim depreciation calculation

ProSeries Fixed Asset Manager Pricing

The cost of ProSeries Fixed Asset Manager starts at $373/year. The software needs to be renewed each year as each purchase is only for the current tax year.