Acumatica Fixed Asset Management
Create accurate financial reports, maximize tax benefits, and meet compliance requirements.
With the fixed asset module in Acumatica’s Financial Management solution you can maintain complete visibility of fixed assets and depreciation calculations. Add fixed assets directly from AP purchases, import from a file, or add individually. Select from a large inventory of pre-defined depreciation schedules or create custom schedules for accurate accounting and reporting. Track tax and reporting scenarios independent of general ledger postings.
Why Change Today?
Any growing company needs to give leaders and decision makers actionable, accurate, and accessible information about the state of the business. But not every solution can provide the real-time and relevant data needed as quickly as people need it. Integrated with the rest of the business technology and providing instant access to mission-critical financial data, those who choose Acumatica for fixed asset management can forge ahead confidently.
Benefits of Acumatica Fixed Asset Management
Create accurate financial reports, maximize tax benefits, and meet compliance requirements.
Multiple Depreciation Methods
Choose from a large inventory of predefined depreciation schedules or create your own. Accommodate accelerated cost recovery system (ACRS), modified ACRS, straight-line, declining-balance, sum of years’ digits, remaining value, flat rate, and other methods. Each depreciation method can include different averaging conventions as well as useful life and recovery periods.
Purchase Order Integration
Easily convert purchases into fixed assets without re-entering data. Eligible purchases are automatically displayed to simplify the conversion process.
Tax Benefit Support
Take advantage of multiple depreciation books, multiple calendars, special depreciation bonuses, and tax benefit recapture capabilities to accurately comply with complex tax rules.
Support Fixed Assets Under Construction
Manage costs for fixed assets under construction (such as the construction of a new assembly line or retrofitting a vehicle for service)and transfer costs to a completed fixed asset account for depreciation.
“Acumatica has made our financial systems much more efficient. It provides us one integrated system with accurate sales and revenue information providing detailed financial reports that will allow us to accelerate our growth.”
– Christy Lin, Operations Director, Antenova Limited
The ASC + Acumatica Difference
Advanced Solutions is an Acumatica MVP VAR because we deliver. Our team is both expert in applying optimized business processes to ERP and modern technologies – before, during, and after implementation. Learn more
Fixed Assets Management Functionality
Multiple Depreciation Books
Multiple Asset Types
Multiple Averaging Options
Fixed Asset Tools
Fixed Asset Classes
Fixed Asset Reporting
US Tax Bonuses
Fixed Assets Under Construction
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