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Bassets Fixed Asset System 

Because we want our clients to be completely satisfied with the Bassets Fixed Asset System, we provide customer support from planning and installation through training and implementation.

 

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Our customer support department is staffed by a team of depreciation software and accounting professionals, trained to provide whatever technical support that may be required.

Speak with one of our customers and they will talk about two things:
· How easy it is to use The Bassets Fixed Asset System.
· How good the technical support is.

Bassets calculates monthly depreciation for the entire life of an asset. Our fixed asset software displays:

· Prior Accumulated Depreciation
· Current Period(s) Depreciation
· Total Accumulated Depreciation
· Net Book Balance

Both the Asset Maintenance Form and all standard depreciation reports will dynamically calculate depreciation “on-the-fly” to allow historical, present and future projection of depreciation values for a range of periods. Our fixed asset software supports the following depreciation methods:

· Modified Accelerated Cost Recovery System
· Alternate Modified Accelerated Cost Recovery System
· Accelerated Cost Recovery System
· Alternate Accelerated Cost Recovery System
· Remainder Life Depreciation
· Straight Line Depreciation
· Declining Balance Depreciation - 125%
· Declining Balance Depreciation - 150%
· Declining Balance Depreciation - 175%
· Declining Balance Depreciation - 200%
· Sum of the Years Digit Depreciation

To accurately calculate the correct depreciation amounts, Bassets supports Real, Personal and Luxury Automobile property types. In conjunction with the depreciation methods, all standard first year conventions and recovery periods are available. Additionally bonus deprecation can be selected for the years 2001 – 2005.