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Your GASB 34 compliant tool

Meet the government’s financial reporting requirements using Bassets eDepreciation with ease and speed.
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Compact Edition (CE)

An entry level fixed asset management tool to manage up to 1000 asset records


Handle up to 10,000 fixed assets records with two user licenses


Manage up to 100,000 asset records in Microsoft SQL database for easier number crunching

Enterprise Edition

Support unlimited fixed asset records with optional modules to tailor the solution based on your business needs

Intelligent financial management

Government agencies and nonprofits can now strengthen their financial management by streamlining fixed asset depreciation calculation and reporting with a single solution.

Meet government compliance requirements with ease

The Government Accounting Standards Board’s (GASB) statement 34 requires all state and local governments to meet certain reporting requirements. Similarly, non-profits are required to follow the Financial Accounting Standards Board (FASB).

Bassets enables you to adhere to both the GASB and FASB compliance by:
• Integrating with existing data
• Tracking fixed assets
• Calculating depreciation expense
• Producing concrete reports

eDepreciation for Government and Non-Profits

Accrual accounting

Prepare your financial statements using accrual accounting to meet GASB 34 standards

Simpler depreciation

Calculate depreciation for thousands of fixed assets within minutes to save time, effort, and cost

Streamline processes

Facilitate your depreciation process by integrating Bassets with your non-profit software

Automate validation

Validate your fixed asset depreciation schedule automatically to save hundreds of hours

Customer Success Stories

Bed Bath & Beyond amazed at the flexibility of handling tax and GL calculations

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Barnes & Noble solves complex asset reporting challenges across 500+ locations

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First National Bank moves away from disparate asset data to a centralized approach

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