Simplify Your Asset Management
11/23/2017
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Features


Bassets Free Evaluation Copy Bassets offers unmatched speed and functionality, an easy-to-use interface, and powerful exporting and reporting features – all backed by the best customer support in the industry.



Simplify Your Fixed Asset Management

· Quick and easy setup with personalized phone support
· Intelligent data entry wizards
· Automatic validation of fixed asset depreciation schedule information
· Flexible data conversion from other packages


Calculate Fixed Asset Depreciation for any Period

· Fixed asset depreciation is automatically calculated at run time
· Run historical reports
· Generate future projections
· Complete/partial transfer and disposal


Eliminate Hidden Costs

· Correct inaccurate fixed asset depreciation calculations
· Completely depreciate older fixed assets
· Easily integrate with your General Ledger


Save Time & Money

· Increase worker productivity
· Recover lost tax deductions
· Reduce property tax payments
  Eliminate unnecessary insurance coverage


Fixed Asset Depreciation Methods

· MACRS (GDS)
· Alternative MACRS (ADS)
· Declining Balance depreciation
· Sum of the Years Digits
· Remaining Balance over Adjusted Life
· Straight line depreciation


Additional Fixed Asset Calculations


· MACRS, 40% Rule Violation
· Section 179 Deduction
· Adjustment to Basis
· Adjustment to Fixed Asset Depreciation
· Luxury Auto & Truck Limitations
· Multiple Short Years
· 30% & 50% Bonus Depreciation for Fixed Assets


Flexible Data Export

· All fixed asset reports can be exported to a file
· File formats include Excel or ASCII file
· One click selection of each field to export
· User defined order of export fields
· Optionally include depreciation schedule data
· Easily limit output by setting filter(s) on any field(s)
· Process thousands of records in under 60 seconds



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