AssetAccountant is cloud-based fixed-asset depreciation and lease-accounting software for businesses, corporations and accounting firms. It calculates tax and accounting depreciation side by side using methods such as MACRS, GDS, ADS, DDB, straight-line and units of use. Its lease tools automate payment schedules, interest accruals and right-of-use amortization, with support for ASC 842 and IFRS 16. Users can manage multiple companies, funds or clients under one login. Reports cover depreciation schedules, disposals, tax reconciliations and movement summaries. Native integrations include Xero, QuickBooks Online, Sage Intacct and Microsoft Dynamics 365; journal exports are available for other ERP systems including SAP, Oracle, MYOB and NetSuite. The free plan covers up to 10 assets and excludes leases. The listed Lite plan costs 6100.00 USD per month, Basic costs 121004.00 USD per month and Standard costs 181006.00 USD per month, each billed monthly per 100 assets. Premium has annual quote pricing for more than 1,000 assets or complex requirements. A 30-day trial is listed. The company says it is ISO 27001 certified and hosts the platform on Microsoft Azure.
Who it is for
AssetAccountant suits businesses and US CPA firms handling fixed-asset registers, including firms managing multiple client records. It is relevant to organizations that need depreciation calculations, lease accounting or reporting across multiple entities.
What is good
- Calculates tax and accounting depreciation side by side
- Supports ASC 842 and IFRS 16
- Manages multiple companies, funds or clients
- Integrates natively with four named accounting platforms
- Free plan includes up to 10 assets
What to know first
- Free plan excludes leases
- Free plan is limited to 10 assets
- Paid plans are billed per 100 assets
- Premium pricing requires an annual quote
Verdict
AssetAccountant combines depreciation and lease accounting with multi-entity management and accounting integrations. The free plan is narrow for asset volume and excludes leases, so check the listed plan terms against your register and accounting needs.
AssetAccountant plans and pricing
All plansCompared on fixed asset management software
- Free plan
- Yes
- Asset limit
- 100 assets
- Tax depreciation
- Yes
- Deployment
- cloud
- Multi-entity support
- Yes
- Accounting integrations
- Xero, QuickBooks Online, Sage Intacct, Rental Car Manager, Microsoft Dynamics 365
