ProSeries Fixed Asset Manager is a fixed asset management and depreciation tracking software designed to help track assets and calculate 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.
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
Integrations
- Intuit Tax Advisor to access a library of tax strategies
- Hosting options to enable work-from-anywhere capabilities
- eSignature for digital signing
ProSeries Fixed Asset Manager Pricing
The cost of ProSeries Fixed Asset Manager starts at $437/year. The software must be renewed yearly, as each purchase is only for the current tax year.
Video Overview