A fixed asset management software featuring strong reporting capabilities.
Bloomberg Tax & Accounting Fixed Assets software handles data entry, management, and reporting. This software is distinguished by its Open Timeline feature, which provides flexibility and control. It allows users to create reports and access historical information for any asset whenever needed.
“Bloomberg Tax Fixed Assets allows my organization to efficiently complete all monthly, quarterly, and annual fixed asset tasks and federal and state tax filings … If my organization’s fixed asset related tasks were outsourced, I would anticipate $50k+ in spend required.”
“We have used this product for decades as it is the most comprehensive and easy-to-use fixed asset software on the market. We can always count on timely product updates and 100% accurate calculations. It is our go-to product to manage our exhaustive list of fixed assets from acquisition to disposal and everything in between.”
Having automatic updates allows us to focus on other things. Once we become aware of any changes, we know that it will be updated in the platform, and we will not have to worry about making any adjustments immediately. The platform does the calculation, and makes all future changes.
The price break of the software simply makes it unaffordable. They took the software to a online version and increased the price 20X. That is not reasonable. We will be looking elsewhere.
Previously it had easy to use reports. Can't say the same for this new garbage
Price is ridiculous.
This product is a terrible follow up to the desktop version. It is difficult to use, counterintuitive in how you want to search and even edit assets. Everything is within multiple menus and does not lend itself well to editing large amounts of data. The company needs to not force its customers onto an “online solution”. We literally don’t want this, please leave as a desktop version.
The desktop version is great. I don't like anything about the online version.
How difficult it is to edit assets. How difficult it was to transfer in all the assets from the desktop version. The whole way BNA is not selling desktop versions anymore. It's all one big pay to play cash grab, they charge based on the number of assets a company has. Apparently nobody on the support lines knows anything.
Switch to the web based platform from a local install and the solution has multiple bugs in the depreciation portion.