Bloomberg Tax Fixed Assets is a cloud-based and on-premise solution. It helps small, midsize and large companies manage the entire lifecycle of their fixed assets, from construction and purchase through retirement. Primary features include fixed asset management, inventory management and compliance.

It allows users to automate complex calculations such as cost segregation transactions and property regulations. The asset inventory module allows furniture, fixture, IT software and hardware, machinery, equipment and tool tracking. Fixed Assets Construction In Progress module allows users to track and assess the fixed assets in construction. The Fixed Assets Foreign Currency module provides features to manage assets and report in multiple currencies, track and audit exchange rates.

Support is offered via email and over the phone. Other support options include on-site training, online training, live support, blogs and videos.

Assets
Assets
Assets
Reports
Reports
Setup
Setup
Books
Books
Expenses
Expenses
Balance
Balance

Supported Operating System(s):

Web browser (OS agnostic), Windows 10



21 Reviews of BNA Fixed Assets

Overall rating

4.0 / 5 stars

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Showing 1 - 20 of 21 reviews

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Verified Reviewer

Number of employees:  1,001-5,000 employees

Ease-of-use

Value for money

Customer support

Functionality

October 2018

BNA Fixed Assets

I have no other depreciation software to compare it to but it works for what I need it to.

Pros

I like how easy it is to set up an asset and the asset wizard.

Cons

I wish there were more customization reports. I can't always make the reports how I want them to look

Lynne from Lynne M. Hudson, CPA

Specialty:  Real Estate

Number of employees:  51-200 employees

Ease-of-use

Value for money

Customer support

Functionality

May 2018

The best fixed asset program that I have found

Pros

Flexible program making it fairly easy to create your own information reports. Handles AMT well. Current with tax laws.

Cons

Need to refresh sporadically to get correct reports and the learning curve was lengthy. I like to work on Sundays and the site is frequently down for maintenance on Sundays.

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Verified Reviewer

Number of employees:  501-1,000 employees

Ease-of-use

Value for money

Customer support

Functionality

May 2018

The cost and capability of Factset is better.

Our Bloomberg terminals were easily linked to this tool.

Pros

It syncs well with the rest of Bloomberg which we use for other various parts of our business. The keystrokes are all familiar and the user interface is as well.

Cons

Factset analytics is known to be a superior product and when testing the trials on BNA we realized our fixed income business would benefit greater from Factset.

MITCHELL from Extraco Banks

Ease-of-use

Value for money

Customer support

Functionality

March 2018

Business data for risk evaluation

Access to key business data that is fairly current.

Pros

Easy to navigate, the terms are not written in to high a level for broad access in the organization.

Cons

Very robust with great depth and breadth of information - takes a little time to successfully navigate

Bob from Deluxe

Specialty:  Software / Technology

Number of employees:  51-200 employees

Ease-of-use

Value for money

Customer support

Functionality

March 2018

Great for managing fixed assets

Pros

Utilizes workflow technology and automation reducing indexing and entry throughout the life cycle of a single location.

Cons

Scanning software for invoices could be better utilized for maximum indexing and automation of incoming invoices.

Ian from Sony Corporation of America

Specialty:  Software / Technology

Number of employees:  10,000+ employees

Ease-of-use

Functionality

February 2018

BNA Fixed Asset tracker simplifies and cuts down on time

Pros

I like that it is able to track the fixed assets over time and depreciate them accordingly based on the type of asset class it belonged to and if bonus depreciation is used.

Cons

If you transfer over fixed assets on to the software, it can be a little bit of work in the front end.

Rachel from Chautauqua Institution

Specialty:  Non-Profit

Number of employees:  51-200 employees

Ease-of-use

Functionality

January 2018

Easy to use

Pros

I like the ease of inputting new assets. You can simply use the tab key to move from field to field and get assets entered quickly.

Cons

The program has small font sizes and sometimes hard to see. The reporting is also a bit confusing once it's printed.

Kelly from TruckMovers

Specialty:  Transportation

Number of employees:  501-1,000 employees

Ease-of-use

Value for money

Customer support

Functionality

October 2017

Love BNA fixed assets software

Pros

The software is extremely easy to use. The training and customer service is excellent! I think this is a fantastic choice for fixed assets software!

Cons

My only complaint is that at times the font is too small to see. However, I haven't called customer service regarding this issue. I feel certain that they could help me out with this.

Laura from Schupan

Specialty:  Manufacturing

Number of employees:  501-1,000 employees

Ease-of-use

Functionality

October 2017

BNA Software Review

Pros

The software is user friendly and takes no time to figure out. We were able to easily enter an asset into the system without any issues.

Cons

The reports are somewhat difficult to customize and we had trouble getting them to be in a format that we wanted.

Marcia from Quanex Building Products

Ease-of-use

Value for money

Customer support

Functionality

July 2017

Easy to use and learn

Pros

There are different functional currencies.
The ability to save reports in excel, pdf or csv formats.

Cons

Help site is difficult to find answers.
Customer support people are not the friendliest.
No other cons

Mike from Formica Corporation

Number of employees:  1,001-5,000 employees

Ease-of-use

Value for money

Customer support

Functionality

March 2017

Great value for the investment

Overall, the BNA Web fixed asset web product is easy to use and gives me the ability to generate IRS forms, which makes the US tax return process more seemless. The flexibility in reporting is also useful for obtaining both actual and forecast data in a timely manner.

Jerry from Fresenius Kabi USA LLC

Number of employees:  1,001-5,000 employees

Ease-of-use

Value for money

Customer support

Functionality

March 2017

Reverse of the last transaction

Generally, I like using BNA Fixed Assets - it is easy to search for particular assets, there are many options to modify reports. The only big problem I have is that I cannot reverse transactions. For instance, if I import 100 assets and I made an error, I would like to be able to reverse the entire transaction. Each time when I import something I print the transaction report. Each report should have its number, and if I want to go back in the future and reverse the transaction, I should be able to search by the transaction number and reverse it, or at least be able to reverse the last transaction. Also, it would be great if you could improve reports saved in excel format. Very often cells in reports are combined, many additional rows and columns are added, and it is difficult to format and work with those reports. Best regards, Jerry

Jennifer from Intellectual Ventures Mgmt LLC

Number of employees:  201-500 employees

Ease-of-use

Value for money

Customer support

Functionality

March 2017

Bloomberg BNA Fixed Assets - It just works

We've been using BNA for over 10 years and it just works. We've been able to track our fixed assets with ease. The rare times we've had a question, the BNA helpdesk has been friendly and responsive.

Pros

Ease of use, great customer service

Cons

Placed in service date

Chris from Post Acute Medical

Number of employees:  1,001-5,000 employees

Ease-of-use

Value for money

Customer support

Functionality

March 2017

Ease of Use

I have been using Bloomberg BNA Fixed Assets for four years. It has helped to streamline our fixed assets accounting process and has also helped tremendously with tax preparation. We recently switched to the BNA Fixed Assets Web version and this has continued to help streamline our operations.

Pros

Reporting functionality, versatility.

Cons

Need to continue to make strides on the BNA Fixed Assets Web. Would like to see better ad-hoc reporting capabilities.

Marcia from Quanex Building Products Corporation

Number of employees:  1,001-5,000 employees

Ease-of-use

Value for money

Customer support

Functionality

March 2017

BNA Fixed Assets

The software is very user friendly and the reports are easy to manipulate to achieve the results you want. The help index is confusing and I tend to call support if I have questions.

Pros

user friendly and easy to get reports

Cons

help index is confusing and hard to find answers

Rashid from Sterling Bay LLC

Ease-of-use

Value for money

Customer support

Functionality

March 2017

SR Accountant

I have had a good experience with the software. It was very easy to setup, add assets, make changes mid year, etc. The reporting is great and can easily be modified. The only bad experience I have had was with your customer service team. I would've hoped they were more understanding of our needs and guide us through issues but instead i was referred to the manual to figure it out by myself.

Dawn from The Farmers Bank of Appomattox

Ease-of-use

Value for money

Customer support

Functionality

March 2017

Farmers Bank of Appomattox

We have been a BNA desktop customer for many years and recently converted to the BNA web product. The conversion was not as smooth as hoped but we finally got up and running. The primary complaint thus far is the font size used in reports. It is microscopic! We will work with technical support to solve this issue hopefully. Thus far technical support has been very responsive and helpful.

Tara from Allegheny Wood Products, Inc.

Number of employees:  51-200 employees

Ease-of-use

Value for money

Customer support

Functionality

March 2017

BNA Fixed Assets Review

We have recently upgraded from the desktop version to the web version of BNA Fixed assets. There were many difficulties with the move, but received customer service to slowly complete the transaction. After we accomplished the transfer and customized the system to our specific use, one thing I would say that is extremely helpful is the ability to search within each field. There has been a lot to learn with the system compared to the old with specifics as report creating, defaults, and asset view. In the future I look to learn more about the software and the possible capabilities. We have found a few items that are desired enhancements as listed below: Order of fields in Add Asset windows to be customizable Add option to upload document within the Add Asset window when asset is created rather than editing the asset and then uploading the document Option to add an additional asset after one is complete Default within Add Asset windows: Override Additional First-Year Depreciation - Default next screen to choose No AFYD Setup- Fields Asset Field List larger box to view all data at once Similar: Edit within asset when selecting from PickList - larger selection area Have All Favorites (reports and batches) as a filter in the reports section Asset Viewer ability to go to next asset without exiting asset viewer Assets View add more headers be able to scroll over (left and right) Thank You.

Pros

Ability to search within each field on the asset view.

Cons

Listed below are a few desired enhancements:
Order of fields in Add Asset windows to be customizable
Add option to upload document within the Add Asset window when asset is created rather than editing the asset and then uploading the document
Option to add an additional asset after one is complete
Default within Add Asset windows: Override Additional First-Year Depreciation - Default next screen to choose No AFYD
Setup- Fields Asset Field List larger box to view all data at once
Similar: Edit within asset when selecting from PickList - larger selection area
Have All Favorites (reports and batches) as a filter in the reports section
Asset Viewer ability to go to next asset without exiting asset viewer
Assets View add more headers be able to scroll over (left and right)

Stephen from Famous Enterprises, Inc.

Number of employees:  501-1,000 employees

Ease-of-use

Value for money

Customer support

Functionality

March 2017

Average Product!

Average. We expected an improvement with web vs desktop. Consolidated reporting is very poor. We need consolidated reporting similar to the desktop for our Tax Accountants.

Pros

Can have more than one company open at the same time.

Cons

Consolidated Reporting1q

Yardley from Novo Nordisk Inc.

Number of employees:  10,000+ employees

Ease-of-use

Value for money

Customer support

Functionality

March 2017

Novo Nordisk Inc BNA Fixed Assets Review

In general, this works about as well and is as user friendly as you can expect from something as complicated as a fixed asset tool. We are, in general, very happy with this product. The one major complaint is regarding reports that are exported to Excel. When producing a report for export to Excel and including a fixed asset description, it automatically puts the description on the next line. Additionally, the Excel cells are all merged and text wrapped. It take a significant amount of time to get the Excel report into a user friendly format that is suitable for Excel analysis each month. The new module for exporting data is not what we are looking for either. We would like the reports with the headers and all fields as shown in the reporting feature, we would just like the report to be Excel-ready. Otherwise, it is a good product.

Pros

Easy to train new, non-tax technical personnel on

Cons

The way that the reports export to Excel


Displaying 1 - 20 of 21 reviews