ProSeries Fixed Asset Manager is a comprehensive software solution designed to assist accounting professionals in efficiently managing clients' fixed assets and calculating depreciation. It offers seamless integration with ProSeries Tax software, enabling users to import client data and automatically create profiles. The platform supports various depreciation methods, including MACRS, ACRS, Straight-Line, Declining Balance, and Sum of Years’ Digits, ensuring compliance with federal, state, AMT, ACE, and custom tax regulations. With an intuitive interface, users can track an unlimited number of assets, perform bulk actions, and generate over 35 customizable reports, such as depreciation schedules and tax worksheets for Forms 4562, 4626, and 4797. By centralizing asset data and automating calculations, ProSeries Fixed Asset Manager enhances accuracy, saves time, and simplifies the asset management process for accounting firms.
Key Features and Functionality:
- Comprehensive Asset Tracking: Manage an unlimited number of assets across multiple clients with detailed information, including acquisition dates, costs, and warranty details.
- Multiple Depreciation Methods: Supports various methods like MACRS, ACRS, Straight-Line, Declining Balance, and Sum of Years’ Digits to accommodate diverse client needs.
- Multi-Book Support: Maintain up to six depreciation books per asset, including Federal, State, AMT, ACE, Book, and a customizable option.
- Customizable Reporting: Access over 35 predefined reports, such as Asset Information Schedules and Depreciation Expense by Category, with options for customization and export to Microsoft Word and Excel.
- Seamless Integration: Integrates with ProSeries Tax software, allowing for easy import and export of asset data, and supports data import from third-party applications via CSV files.
- User-Friendly Interface: Features an intuitive, customizable interface with wizards and tools to simplify asset management tasks, including bulk actions and asset grouping.
Primary Value and Solutions Provided:
ProSeries Fixed Asset Manager streamlines the complex process of fixed asset management and depreciation calculation for accounting professionals. By automating calculations and ensuring compliance with various tax regulations, it reduces manual errors and saves time. The software's integration with ProSeries Tax software facilitates seamless data transfer, enhancing productivity. Its robust reporting capabilities provide valuable insights into asset performance and depreciation, aiding in informed decision-making. Overall, ProSeries Fixed Asset Manager offers a reliable and efficient solution for managing clients' fixed assets, ensuring accuracy and compliance in financial reporting.
Seller
Intuit
