Fixed asset depreciation and lease accounting for Sage Intacct, finally sorted.

If you are using Sage Intacct's native fixed asset module and hitting its limits, managing depreciation in spreadsheets, or tracking IFRS 16 and ASC 842 lease schedules outside your ERP, AssetAccountant is your go-to solution.

AssetAccountant integrates directly with Sage Intacct and adds everything the native module lacks: tax rules for the IRS (MACRS, Section 179, Bonus Depreciation), ATO (Australia, effective life auto-populated), HMRC Capital Allowances (UK, Main Pool, Special Rate Pool, AIA, Full Expensing), IRD (New Zealand), and SARS wear and tear (South Africa).

Tax and accounting treatments are managed side by side. IFRS 16 and ASC 842 lease accounting is fully automated. One-click journal posting to your Intacct GL. Full Intacct dimension support.

Advanced operations: partial disposals, revaluations, impairments, WIP/CIP and bulk actions.

Trusted by 7,800+ users across 32 countries including the Big 4 accounting firms and large corporations. ISO27001 certified. Unlimited users included.

Free 30-day trial at asset.accountant

Key Benefits:

IRS MACRS, ATO, HMRC, IRD and SARS tax rules built in and maintained:

• USA: US GAAP, ASC 842, IRS rules lookup, MACRS (GDS & ADS), Section 179, Bonus Depreciation and more
• Australia: IAS 16, IFRS 16, ATO rules lookup, Small Business Pools, Low Value Pools and Software Pools, Div43, Luxury Vehicle, Blackhole Expenditure and more
• New Zealand: IAS 16, IFRS 16, IRD rules lookup, Buildings, Intangibles, Investment Boost and more
• South Africa: IAS 16, IFRS 16, Straight line (daily, monthly, yearly) + first year variations
• United Kingdom: IAS 16, IFRS 16, Main and Special Rate Pools, Special Buildings Allowances, AIA, FYA and more

 

Tax and accounting depreciation side by side: Local tax depreciation and IAS 16 book depreciation in separate registers, calculated simultaneously every period. One source of truth, no manual reconciliation, no double maintenance. Eliminates the spreadsheet gap between your ERP and your tax register.

Automatic asset detection and full Intacct dimension support: New assets added via Sage Intacct AP are automatically detected and staged for review. All Intacct dimensions (locations, departments, projects, classes and custom dimensions) are synced and applied to your asset register and journals. Multi-dimensional reporting without manual rework.

IFRS 16 and ASC 842 lease accounting: Finance loans, hire purchases and right-of-use assets fully automated. Payment schedules, interest accruals, ROU amortisation, current and non-current liability tracking, and lease modifications all handled correctly. Detailed granular journals post directly to Intacct for easy bank reconciliation.

How AssetAccountant works with Sage Intacct:

• Automatically detects new fixed assets from Sage Intacct AP and creates draft assets for review before any calculations run
• Syncs all Sage Intacct dimensions (departments, locations, projects and user-defined dimensions) across all journal entries
• Calculates tax and accounting depreciation across all asset groups and time periods simultaneously
• Posts detailed depreciation and lease journals directly to your Sage Intacct general ledger in one click
• Maintains separate tax and accounting depreciation registers side by side
• Supports detailed tax rules for the IRS (USA), ATO (Australia), HMRC (UK), IRD (New Zealand) and SARS (South Africa), with standard rules for all other countries
• Supports IFRS 16 and ASC 842 lease accounting: finance leases, hire purchases and right-of-use assets, with automated payment schedules, current and non-current interest and liability tracking, and correct handling of refinancing, modifications and early termination
• Handles full and partial acquisitions, disposals, reassessments, revaluations, impairments, components and WIP/CIP
• Bulk actions across your entire register: bulk acquisitions, disposals, revaluations, reassessments and more, applied across multiple assets in one operation
• Bulk import tools for fast migration from spreadsheets or other systems
• Unlimited users per account, including external advisers, at no extra cost
• ISO27001 certified, hosted on Microsoft Azure, full audit trail

Requirements:

Integrating with this application requires you to use the partner’s SenderID. By using the partner’s SenderID, you do not need to buy a web services developer license from Sage and your API usage will not count towards your API performance tier. Sage may prevent customers from integrating with this application under their own SenderID.

Price:
From $3,500 per annum. Unlimited users. No lock-in contracts.

Integration Approved Countries:
Australia; Canada; South Africa; United Kingdom; United States