Minty Assets

Minty Assets is web-based fixed-asset register and depreciation software for book accounting. It fits finance teams that need component-level records, auditable journals and multi-company files more than simple equipment lists. Its strongest case is disciplined IFRS-oriented book depreciation; organizations that require US tax depreciation should choose another system.

Overview

Minty Assets brings asset records, depreciation calculations, accounting entries and reporting into one workflow. The design is particularly useful when an asset contains parts with different economic lives, or when an accountant must explain every posted figure back to its source asset. A free tier makes it viable for a small register, while paid tiers increase method coverage, capacity and company support.

Key features

Component accounting is the product's clearest differentiator. An asset can be split into components, each carrying its own cost, residual value, useful life, depreciation method and in-service date. That level of separation supports IAS 16 accounting and is valuable for complex equipment, buildings or projects; it is more structure than a basic inventory tracker needs.

The five listed book methods are Straight Line, Declining Balance, Double Declining Balance, Sum of Years Digits and No Depreciation. The described IFRS workflows include IAS 36 impairment events, IFRS 5 held-for-sale classification, disposals and annual estimate reviews. Together they cover a broad book-accounting lifecycle, but they do not provide US tax depreciation or MACRS.

For period close, users can preview, post, reverse and export balanced depreciation journals. Entries retain traceability to the relevant asset and component, which supports review and audit follow-up rather than forcing accountants to reconcile opaque totals. Eight reports cover the Asset Register, Depreciation Schedule, Roll Forward, Expense Summary, Disposals, Fully Depreciated Assets, Journal Report and Asset Activity.

The CSV Import Wizard maps columns, validates rows and accepts current accumulated-depreciation values. It can create opening accounting history for assets that are already partially depreciated, reducing the work involved in a migration. Exports include presets for Xero, QuickBooks and Sage, plus custom column mapping. Viewer, editor, admin and owner roles separate permissions for viewing, exporting, depreciation, settings, team management, billing and company deletion.

Pricing

Starter — free, billed Forever. This plan allows 50 assets in one company and includes Straight Line and No Depreciation, all eight reports, and CSV import and export. It is a sensible entry point for a small register or evaluation, but the two-method limit excludes the more varied depreciation approaches and lifecycle accounting available on paid tiers.

Pro — $9 a month, billed annually. Pro removes the asset cap while keeping one company, adds all five book methods, lifecycle accounting events, and export mappings and presets. It suits a single business with a growing register that needs more than straight-line depreciation. The one-company limit makes it less suitable for accountants maintaining separate client files.

Accountant — $29 a month, billed annually. Accountant includes unlimited assets and companies, all five methods, multi-company client files, and export mappings and presets. It is the appropriate tier for practices or finance teams overseeing multiple entities. Both paid plans are annual-billing commitments, so readers should choose them with that renewal structure in mind.

Platforms

Minty Assets runs on the web. That keeps access broad across desktop environments, but the product facts identify no native mobile or desktop applications.

Who it's for

Choose Minty Assets if your work centers on book depreciation, component accounting, IFRS events, journal traceability and exports to Xero, QuickBooks or Sage. Starter is enough for a small, simple register; Pro fits one expanding organization; Accountant is aimed at multi-entity and client-file work. Look elsewhere if US tax depreciation or MACRS is a required part of the process.

Pros and cons

• Pro: Component-level costs, lives and methods support precise IAS 16 treatment.
• Pro: Previewable, reversible journals and eight focused reports strengthen period-close review and audit trails.
• Pro: CSV migration handles accumulated depreciation and opening history for partially depreciated assets.
• Con: The free Starter plan supports only 50 assets, one company and two methods.
• Con: Paid plans bill annually, and Pro still covers only one company.
• Con: US tax depreciation and MACRS are unsupported.

Alternatives

AssetFrog is the better choice when you need Android, iOS, macOS, Windows and web access, or a free plan capped at 50 assets with one user. Fixed Asset Register is worth considering for a paid product with a free trial and Android, web and Windows platforms. AssetCenter suits readers wanting Android, iOS, web and API access; its free plan allows 25 assets but no reports. xAssets ITAM is the alternative for endpoint-oriented deployments spanning API, self-hosted, web and Windows. AssetAccountant offers a free-forever tier for up to 10 assets with integrations except leases. AssetComply provides a free Android and web option for up to 100 assets. AssetsTrak is a paid option with broad platform coverage, while MeltX FAM is a paid Android and web alternative. For more options, browse Fixed Asset Management Software.

Verdict

Minty Assets is a strong choice for accountants who need component-aware book depreciation, traceable journals and structured IFRS workflows, especially across multiple companies on the Accountant plan. Its main reason to look elsewhere is decisive: teams with US tax depreciation or MACRS requirements will need a different product.