CCH, a Wolters Kluwer business – ProSystem fx Fixed Assets
Nov. 02, 2011
2011 Overall Rating 4.75
Firms with clients whose asset bases are large or complex, or potentially distributed across multiple geographical locations, particularly those using other components of the ProSystem fx Suite.
- Comprehensive capabilities for all depreciation methods & treatments
- Wizards for performing mass asset life events such as acquisitions and disposals
- Good report export options, including to Word and Excel
- User customization options
- Tight integration with ProSystem fx Tax and Trial Balance
- Book projections are limited to seven tax years
- No RFID or barcode scanning integration
Summary & Pricing
ProSystem fx Fixed Assets is designed for professional accountants serving multiple clients and can be used as a stand-alone program or as a part of the larger ProSystem fx Suite. It provides comprehensive tools for asset depreciation and management for companies with asset bases of any size, with support for multi-divisional entities. Pricing starts at $2,100 for a single-user stand-alone or network license.
Product Delivery Methods
___ Hosted by Vendor
Basic System Functions 5
Core Asset Management Features 4.75
See inside December 2011
Thomson Reuters — Fixed Assets CS
800-968-8900 CS.ThomsonReuters.com 2011 Overall Rating 5 Best Fit Firms serving multiple clients with moderate to complex asset bases and depreciation needs, particularly those firms using other programs in the CS Professional Suite. Strengths Mass edits across groups, departments & global User-friendly wizards for many tasks Simplified splits, disposals & consolidations Good user customization […]
Effective Asset Management is More than Depreciation
If you’re reading this review, then you have more than a passing interest in fixed assets … if such a thing is possible. After all, in the glamorous world of tax and accounting, few things may inspire more eye rolls from clients than talking about effective depreciation strategies and methods such as MACRS, ACRS, straight-line, etc. Yet, as a professional, you understand that what they don’t know can indeed hurt them.