Tax Technologies Fixed Asset Manager (FAM) is a cloud product for managing fixed assets from acquisition to disposition across jurisdictions and depreciation purposes. It calculates depreciation and amortization, accumulated amounts, differences in depreciable basis, and gain or loss on disposal. Supported purposes include U.S. GAAP, U.S. Federal Tax, and U.S. Federal AMT; users can add custom purposes and define asset types with their own lives, methods, and conventions. Workflows include rolling prior-year data forward and recording additions, disposals, splits, and transfers. FAM computes book-tax differences to support U.S. federal Forms 4562 and 4797. The vendor says implementation includes replicating historical fixed-asset data and confirming that calculations tie out. Tax Series web services can transfer data in both directions between Tax Series and client systems, with validation and calculation triggers. The product supports multiple entities. Tax Technologies reports annual third-party SOC 1 and SOC 2 reports, and says each client receives a dedicated support representative and free support hours based on licensed products. Pricing is available on request.
Who it is for
FAM is described for businesses that manage assets and depreciation across jurisdictions and purposes. Tax Technologies describes its broader Tax Series as suited to medium and large multinational corporate clients.
What is good
- Calculates depreciation across multiple jurisdictions and purposes.
- Supports U.S. GAAP, federal tax, and federal AMT.
- Handles asset additions, disposals, splits, and transfers.
- Computes book-tax differences for Forms 4562 and 4797.
- Includes a dedicated support representative per client.
What to know first
- Pricing is available on request.
- U.S. forms specifically listed are 4562 and 4797.
Verdict
FAM combines multi-purpose depreciation calculations with asset workflows and U.S. tax reporting support. Its pricing is not published, and prospective customers should discuss implementation and support details with Tax Technologies.
Get started with Tax Technologies Fixed Asset Manager
- Visit the Fixed Asset Manager product page.
- Contact Tax Technologies for pricing.
- Discuss implementation, which includes replicating historical fixed asset data and confirming calculations tie out.
- Use the cloud-based web product.
Limits to know first
Pricing for Fixed Asset Manager is not published; prospective customers are directed to contact Tax Technologies.
Questions about Tax Technologies Fixed Asset Manager
How much does Fixed Asset Manager cost?
The product page does not state a price and directs prospective customers to contact Tax Technologies.
Which depreciation purposes does FAM support?
It supports U.S. GAAP, U.S. Federal Tax, and U.S. Federal AMT, and users can create additional custom purposes.
Can FAM manage multiple entities?
Yes. The product supports multiple entities.
Which tax forms does FAM support?
It computes book-tax differences to support U.S. federal Forms 4562 and 4797.
What platforms does FAM support?
It is a cloud-based product, and the listed platform is web.
What data transfer options are available?
Tax Series web services can transfer data in both directions between Tax Series and client systems, with built-in validation and calculation triggers.
Tax Technologies Fixed Asset Manager plans and pricing
All plansCompared on fixed asset management software
- Tax depreciation
- Yes
- Deployment
- cloud
- Multi-entity support
- Yes
