Switching
Your history comes with you. All of it, in every book, reconciled to what you filed.
The reason people stay on fixed-asset software they dislike is the fear of losing depreciation history in the move. Conversion is done by our staff, reconciled against your last filed schedule, and documented for your auditor. This page explains the process; the pages below explain the specifics for each system.
| Coming from | What we take | Typical time | Details |
|---|---|---|---|
| Sage Fixed Assets (Depreciation, Premier, Lite) | The asset export with all books, plus the depreciation schedule and the disposals report for the last closed year | 5 to 7 business days | Details |
| Bloomberg Tax Fixed Assets (formerly BNA) | The asset detail export by book, plus the current and prior year depreciation reports | 5 to 7 business days | Details |
| Thomson Reuters Fixed Assets CS | The asset list export with treatments, plus the depreciation schedule and Form 4562 from the last return | 5 to 7 business days | Details |
| Spreadsheets | The workbook as it is, plus the last return's depreciation schedule | 3 to 7 business days, depending on the workbook | Details |
| Other systems (CCH ProSystem fx, ProSeries Fixed Asset Manager, NetSuite, Fixed Asset Pro, Intacct, in-house) | Any asset export with prior depreciation by book | 5 to 10 business days | Ask |
| Source field | Fixed Asset Desk field | Status |
|---|---|---|
| Internal book | Book | Mapped |
| Tax book | Federal | Mapped |
| State book | State | Mapped |
| AMT book | AMT | Mapped |
| ACE book | User-defined book 1 | Mapped |
| Prior accumulated (all books) | Prior depreciation by book | Loaded as filed |
| Property type / est. life | Class / life | Table |
| Averaging convention | Convention | Table |
| G/L asset acct, expense acct | GL accounts | Mapped |
| Custom field 3 (Grant no.) | Custom: Grant number | Created |
| Validation: 1,284 loaded · 0 rejected · 3 warnings (unusual method and life combinations flagged for review) | ||
What is preserved
- Cost, in-service date, class, location, department, GL accounts, custom fields
- Method, life, convention and salvage in each book
- Prior accumulated depreciation in each book, as filed
- Section 179 and bonus taken in prior years, and elect-outs
- Disposal and transfer history with dates
- Fully depreciated and disposed assets, at no extra charge
What we will tell you honestly
Two systems rarely round the same way. The parallel run finds the cents and we document each one. If your old system carried an error into a filed return, we will show it to you rather than reproduce it silently, and you decide whether to match the return or correct it going forward.
Conversion is priced on the file, quoted once, and the quote does not move.
Try it on your own register.
The 14-day trial is the full product. Load a spreadsheet of your assets, run a schedule, and compare it with what you filed. No card is needed.