When you need a more powerful way to manage Fixed Assets

Almost all accounting firms have clients with needs more demanding than others. Amongst the most common areas of required additional complexity is that of fixed assets. That's where AssetAccountant™ comes in!

Many accountants provide services to businesses with one or more of the following requirements:

• A large number of assets
• Hire purchase and leasing arrangements
• Regular revaluations
• Management of assets under construction

 
For a lot of the firms that Clarity Street works with, Xero will perfectly handle most matters for a client. However in the case of fixed assets, we do see some use of spreadsheets or other workarounds where Xero does not meet all the needs.
 
To support our clients who work with these larger and more complex businesses, Clarity Street recommend using AssetAccountant™ which has the following features:

• AssetAccountant™ is a cloud-based system
  
• Integration with Xero to automatically post journals
  
• Run double sets of books for tax and accounts purposes
• Tax rates kept up to date with access to ATO depreciation rules
• Handles complex areas such as leases, revaluation reserve, bulk operations and more

 
An overview video of AssetAccountant™ can be viewed here.
 
If you'd like to find out more details, get in touch with us!