Bassets Fixed Asset Software - Product Features

Asset Maintenance
Data Import
Data Export
Multiple Client

Asset Maintenance
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, Lotus 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

Data Import This module allows you to import data from several external data sources such as Excel, fixed length and comma delimited ASCII files. This function is driven by a user defined data map that allows each field in the source data to be directed to the corresponding Bassets field. Simple step by step instructions allow you to easily & quickly process the data import with the following features:
· Calculates depreciation to tie out with existing total accumulated depreciation · Replace or append to existing data · Import only the required depreciation schedules	· On screen preview · User defined mapping of original data to Bassets · Built in error checking of all records prior to processing

Data Export The export function will export any data fields that are active in the Browse tab of the Asset Maintenance form to an Excel file. Additionally, all standard and custom reports can saved in the following formats; Crystal Reports, Adobe PDF, Excel, Word and RTF. Simple step by step instructions allow you to easily & quickly process the data import with the following features:
· One click selection of each field to export · User defined order of export fields · Optionally include book data	· Easily limit output by setting filter(s) on any field(s) · Process thousands of records in under 60 seconds · All reports can be exported to a file

Multiple Client While most customers have multiple companies, divisions, departments, etc, they will store all of their asset data in one database. However, when the need arises to segregate data into separate databases, the customer can be accommodated with unlimited databases.The multiple client option lets you set individual preferences for each database
· User definable data fields · Default accounting period dates for depreciation · Default depreciation methods and first year conventions	· General ledger defaults · Plus additional User Preferences