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DepreciationWorks

By DepreciationWorks

Current Version:
 
Product Description  

 

DepreciationWorks® is a feature loaded desk top book (GAAP) database depreciation and fixed asset management program written for Windows that is simple to use. Priced at $349 single user/ $489 site license, its functionality presents itself to you in panes that display by clicking the program's thoughtfully organized Outlook style side bar menu groups and shortcut icons.

DepreciationWorks® is designed for small businesses or larger concerns, for not-for-profit organizations, for business owners, controllers, accounting managers, public accountants, and bookkeepers each of whom has the need for book (GAAP) depreciation computations, schedules, business property statement worksheets, and fixed asset management. It is fully capable of serving as a fixed asset subsidiary ledger and of eliminating the redundancy of using an expensive fixed asset program that supports income tax methods when virtually all tax preparation software is completely enabled for income tax depreciation.

DepreciationWorks® is organized around a company's general ledger and fiscal year. The on screen grid views of asset data are unique because they display the data grouped by general ledger cost account, complete with subtotals and grand totals. And asset entry, edits, and retirements can actually be performed within the interactive grid views. Reports print for next year's depreciation without actually closing the current fiscal year. Future asset purchase and in service dates are allowed and such assets are included in reports for the subsequent year and excluded from current year reports.

Multiple companies can be maintained, unlimited short years are supported, and several part year convention options are available. DepreciationWorks® allows the user to create several defaults for asset classes/property types making asset entry virtually a snap. Plus the Enter key works like a Tab key moving from input field to input field. Depreciation methods include straight-line, double declining balance, 175DB, 150DB, 125DB, sum-of-the-years'-digits, straight-line over remaining life, and constant rate on a declining base.

DepreciationWorks® can export asset data to various file formats including Excel, and its reports can also be saved in various formats, including PDF files.
A full featured 30 day trial is available as a download at www.depreciationworks.com.


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Note: The vendor profile above for (DepreciationWorks
) is not written by Accounting Software 411. Information is provided and maintained by the vendor DepreciationWorks and/or by third party sources. Accounting Software 411 confirms basic company data prior to posting a profile. The above information is not a review or endorsement by Accounting Software 411 of the product.



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