Meet All Your Clients' Asset Management Needs
Whether you're a practicing accountant with many clients, or a corporate
accountant managing assets for your business, Fixed Assets CS offers the features
that turn fixed asset management into an efficient, well-organized process. Fixed
Assets CS is part of the CS Professional Suite
and fully integrates with other suite applications.
Fixed Assets CS offers:
- Method/Life Wizard—Save time as the methods and
lives for an asset are automatically filled in.
Several easy-to-use wizards do the work for you. With the Method/Life
Wizard, you can choose from a list of predefined asset classes.
- Disposal Wizard—Walk through disposal data entry
with on-screen explanations of the amounts that should be entered and the
appropriate form instructions; IRS publication, IRS regulation, and IRS code
sections.
- Display Calculation—Display the calculations used
to arrive at the depreciation value for any treatment used.
- Mass Dispositions—Group multiple assets and sell or
trade as one.
- Asset Division—Divide a single asset into multiple
assets and sell or trade individually, based on number of units or percentage.
- Standard and Custom Reports—Enjoy extensive sorting
capabilities and choose from an extensive library of standard reports, or
design and print your own custom reports.
- Asset Inventory Module—Ensure accurate and efficient
inventories and automatically update asset information within the system.
- Multiple Depreciation Methods—Calculate depreciation
using MACRS, ACRS, Straight-Line, 200/150/125% Declining Balance,
Sum-of-the-Years' Digits, Units of Production, Amortization, and up to 99
user-defined methods.
- Seamless Integration—Save significant time and
reduce data entry errors as asset information from Fixed Assets CS flows
seamlessly into UltraTax CS and Write-Up CS.
- Bonus Depreciation—Make automatic bonus depreciation
calculations (Sections 168(k) and 1400N, including GO Zone Section 179 limits)
for federal and applicable state returns.
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