Fixed Assets CS
Streamline asset management and depreciation with Thomson Reuters’ comprehensive fixed assets CS for accounting and legal professionals.
Product Overview
Fixed Assets CS is a robust depreciation and asset management software designed for accounting professionals. It offers a range of features for tracking and managing fixed assets, including various depreciation methods, detailed reporting capabilities, and integration with UltraTax and other CS Professional Suite products.
The software is known for its ease of use, despite a somewhat complex initial setup, and provides valuable tools for preparing business property tax returns and managing asset depreciation.
Pros
- Multiple depreciation methods
- Integrates with UltraTax
Cons
- Unable to import assets with specific depreciation methods
- Lengthy setup and customization process
- Lacks Mac support and mobile support
Target Market
Accounting professionals and firms that require comprehensive, detailed management of fixed assets and depreciation. Its integration with UltraTax and other CS Professional Suite products makes it particularly suitable for those already using these tools for tax preparation and accounting tasks.Not Recommended For
Smaller businesses or individuals who require a simple, straightforward tool for asset management. Its complexity and the depth of features, while beneficial for professionals, could be overwhelming for users with basic needs or those who prefer a more streamlined, less feature-intensive solution.About Fixed Assets CS
Features
- Unlimited depreciation treatments
- Robust inventory control
- Automated asset tracking
- Increase data accuracy
- Customized reporting
- Federal and state depreciation
- Save data entry time
Fixed Assets CS gives you unmatched options in customization and asset management. By purchasing and implementing this software application you will the benefits of the unique features offered with Fixed Assets CS. These features will increase efficiency, reduce costs, and net a positive ROI. The features of Fixed Assets CS are:
- Your ability to select one of four treatments for each asset.
- Ten options for calculating depreciation.
- Automatic method/life fill in.
- Ability to display the calculations used to calculate the depreciated value for any treatment used.
- Ability to create custom reports or use standardized reports.
- Integration with UltraTax CS and Write-up CS
- Bonus depreciation calculations for federal and state returns
Product Overview
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