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We are looking for a fixed asset management solution. I’ve used Sage FAS tax in the past. Any other software options to consider?

Answers

Topic Expert
Barrett Peterson
Title: Senior Manager, Actg Stnds & Analysis
Company: TTX
(Senior Manager, Actg Stnds & Analysis, TTX) |

The answer varies depending on the size of your asset base, the number of companies if more than one, the number and size assets, the reporting requirements for external financial reporting and for federal and state tax compliance, and non-US entities if any. On the large scale you can consider Maximo, from IBM, which offers extensive functionality for managing the assets, related maintenance and other factors impacting fixed assets. Most ERP products have fixed asset modules which may meet your needs.

Roberta Boyea
Title: Owner
Company: Taxes-To-Go
(Owner, Taxes-To-Go) |

For the small to mid-size business I would recommend looking at Asset Keeper. The price is low and yearly maintenance is reasonable. It will accurately track assets in several books (i.e. general ledger, tax, AMT, ACE).

Leslie Mendel
Title: CFO
Company: Surgical Anesthesia Services & Surgical ..
(CFO, Surgical Anesthesia Services & Surgical Synergies) |

I looked at Asset Keeper but chose Thomson Reuters cloud-based system. The cost is more (but less than Sage), but the features are much more comprehensive.

Topic Expert
Vernon Reizman
Title: CFO
Company: RCM Industries, Inc.
(CFO, RCM Industries, Inc.) |

We use BNA software (bnasoftware.com) for five locations. It tracks book and tax. It is cloud based and reasonably priced by user.

Lindy Antonelli
Title: Partner
Company: Armanino Consulting
(Partner, Armanino Consulting) |

You many want to consider a Cloud-Based solution, especially if your outside accountant needs access to the data as well. We use Intacct with Serrera Fixed Assets.

Lisa Zhu
Title: Accounting Manager
Company: Guidewire Software, Inc.
(Accounting Manager, Guidewire Software, Inc.) |

Hello Lindy,
Do you use Intacct for your ERP system? Could you comment on Serrera Fixed Assets?

Michael Quilty
Title: Accounting Manager
Company: Black Duck Software, Inc.
(Accounting Manager, Black Duck Software, Inc.) |

Hello Lindy,
We currently use Intacct and I am wondering how intergrated Serrera Fixed Assets is with the program.

Thank you

Lisa Zhu
Title: Accounting Manager
Company: Guidewire Software, Inc.
(Accounting Manager, Guidewire Software, Inc.) |

Thanks Lindy. I was at the Las Vegas conference last October, and plan to attend the conference in Orlando.

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