Switching
Your history comes with you, in every book.
Conversion is done by our staff, reconciled to your last filed schedule, and documented for your auditor.
| 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) · Map saved as "Sage Fixed Assets standard" | ||
Five sources, and what we take from each.
| 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 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 | 5 to 7 business days | Details |
| Spreadsheets | The workbook as it is, plus the last return's depreciation schedule | 3 to 7 business days | Details |
| Other systems (CCH ProSystem fx, ProSeries FAM, NetSuite, Fixed Asset Pro, Intacct, in-house) | Any asset export with prior depreciation by book | 5 to 10 business days | Ask |
Everything in the old register 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
- Disposal and transfer history with dates
- Fully depreciated and disposed assets, at no extra charge
5 to 7business days from your export to the parallel run, for most registers
Two systems rarely round the same way. The parallel run finds the cents and we document each one.
The questions asked before switching, answered.
Will we lose depreciation history when we switch?
No. Prior accumulated depreciation in each book, methods, lives, conventions, prior Section 179 and bonus, disposal and transfer history, and fully depreciated assets all carry over.
How long does a conversion take?
Five to seven business days for Sage Fixed Assets, Bloomberg Tax and Fixed Assets CS; three to seven for spreadsheets; five to ten for other systems.
What does conversion cost?
It is quoted on the file after we see it, once, and the quote does not move.
What do we have to send?
The asset export with every book, your last filed depreciation schedule, and the disposals report for the last closed year.
Try it on your own register.
Fourteen days, the full product, no card. Load your assets, run a schedule, compare it with what you filed.
Start the 14-day trialRequest a demo
Hosted by us in a dedicated environment for your organisation, or on your own server. One database per customer; your data is exportable in full at any time.
Priced by asset records. Every plan is the full product. Your data is exportable in full, at any time, at no charge. Plans from $1,000 a year.