Fixed asset depreciation automation: Tired of getting your assets kicked? AssetAccountant detects new fixed assets added from Sage Intacct's AP, sync the dimensions and automate all depreciation calculations. Detailed journals at the press of a button for you to review and then post to the GL.

Lease accounting automation: Straining at the lease? If you manage leases in spreadsheets, you know how painful this can be. AssetAccountant works out your monthly journals in detail and break them down for easy bank reconciliations in Sage Intacct.

We take this seriously: Drowning in detail? We've taken a deep dive into accounting standards and tax rulings so you don't have to. We stay on top of the detail for fixed asset depreciation and leasing so you don't have to.

Key Benefits:

Fixed asset depreciation - Set and forget:

• Deep integration with Sage Intacct
• Automatic detection of new fixed assets from AP
• Automated fixed asset depreciation calculations
• Detailed reports and journals for posting to the GL
• In-depth tax treatment and full IFRS and US GAAP compliance
• Tax and accounting depreciation side by side

Lease accounting: Automate for a new lease on life:

• Automate calculations for Finance Leases, Hire Purchases and Right of Use assets
• Generate payment schedules effortlessly
• Manage current / non-current interest and liability
• Generate granular journals for easy bank reconciliation
• Manage complex scenarios like refinance events, terminations and multiple assets per lease
• Say goodbye to spreadsheets forever

Sophisticated modelling of accounting AND tax rules in all jurisdictions. More specifically:

USA: US GAAP, ASC 842, MACRS (GDS & ADS), Section 179, Bonus Depreciation and more
AU: IAS 16 methods, IFRS 16 methods, ATO effective life lookup, Small Business Pools, Low Value Pools and Software Pools, Div43, Luxury Vehicle, Blackhole Expenditure and more
NZ: IAS 16 methods, IFRS 16 methods, IRD Rate Lookup, Buildings, Intangibles and more
South Africa: Straight line (daily, monthly, yearly) + first year variations

Simple user interface designed to minimise the time you spend on compliance
On-demand reporting and data exports
Effortless onboarding
ISO27001 certified (data security)
Unlimited users, entities and assets

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