Minty Assets is web-based fixed asset register and depreciation software focused on book accounting, with audit trails, journal entries, and report exports. Its component accounting lets asset parts carry separate costs, residual values, useful lives, depreciation methods, and in-service dates. Listed methods are Straight Line, Declining Balance, Double Declining Balance, Sum of Years Digits, and No Depreciation. Workflows cover IAS 16 component accounting, IAS 36 impairment, IFRS 5 held-for-sale classification, disposals, and annual estimate reviews. Users can preview, post, reverse, and export balanced depreciation journals traceable to assets and components. Eight reports include an Asset Register, Depreciation Schedule, Roll Forward, Expense Summary, Disposals, Fully Depreciated Assets, Journal Report, and Asset Activity. CSV imports map and validate columns and can create opening history for partially depreciated assets. Journal exports include Xero, QuickBooks, and Sage presets, plus custom column mapping. Starter is 0.00 USD per free, billed Forever, for 50 assets and one company. Pro costs 9.00 USD per month billed annually; Accountant costs 29.00 USD per month billed annually. US tax depreciation and MACRS are unsupported.
Who it is for
Minty Assets suits businesses and accounting professionals managing book depreciation, especially those tracking asset components or multiple companies. Its multi-company Accountant plan and accounting export options may suit practitioners handling client records.
What is good
- Supports component-level depreciation details
- Lists five book depreciation methods
- Eight reports are included on Starter
- Journal exports include Xero, QuickBooks, and Sage presets
- CSV imports can establish opening asset history
What to know first
- US tax depreciation and MACRS are unsupported
- Starter is limited to 50 assets and one company
- Pro and Accountant are billed annually
Verdict
Minty Assets covers book asset accounting from imports and depreciation through journals and reports. It does not support US tax depreciation or MACRS, so it is not suited to those workflows.
Minty Assets plans and pricing
All plansCompared on fixed asset management software
- Free plan
- Yes
- Paid from
- $9/mo
- Depreciation methods
- 5 methods
- Tax depreciation
- No
- Multi-entity support
- Yes
- Accounting integrations
- Xero, QuickBooks, Sage
