Fixed Asset Pro

RATING:

4.5

(91)

About Fixed Asset Pro

Fixed Asset Pro a powerful and affordable fixed asset depreciation and management system. Fixed Asset Pro gives small and mid-sized organizations and CPAs a better way to calculate depreciation and prepare the reports needed for financial, accounting, tax, and fixed asset management. * Gives you total control of your data. No limits to the number of assets or entities. * All the depreciation calculations you need for Book and Tax and more. 68 depreciation methods. 6 different books. Half-year/mid-month/mid-quarter. Bonus depreciation, Section 179, and more. * Easy access to asset Information to maintain your asset inventory. Track assets and depreciation throughout the entire fixed asset life cycle—from CIP to disposal. * Complete reporting for accounting, tax and ...

Awards and Recognition

FrontRunner 2023
Software Advice's FrontRunners report ranks top products based on user reviews, which helps businesses find the right software.

Fixed Asset Pro Pricing

Starting price: 

$499.00 one time

Free trial: 

Not Available

Free version: 

Not Available

Flex View lets you create multiple custom views of your asset data that you can export to Excel and CSV as custom reports
Slide 1 of 5

Fixed Asset Pro Reviews

Overall Rating

4.5

Ratings Breakdown

Secondary Ratings

Ease-of-use

4.5

Customer Support

5

Value for money

4.5

Functionality

4.5

Most Helpful Reviews for Fixed Asset Pro

1 - 5 of 91 Reviews

Lori

Research, 11-50 employees

Used monthly for more than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed May 2023

Fixed Asset Pro is convenient and easy and extremely cost effective

For small companies this is an excellent software to get away from tracking assets on an excel sheet. Once setup the program will calculate your monthly depreciation in under 3 minutes. the reporting capabilities will aid in year end tax return preparation and any other reporting such as county Tangible Tax Reports. The price point will not break the bank.

PROS

Once you setup your assets in Fixed Asset Pro the maintenance of monthly depreciation for our company to calculate the monthly journal entries decreased from a few hours to just minutes. Reporting format can easily be exported to excel which is a huge plus for budget and forecasting calculations.

CONS

Would like to see better tools and options in creating your own reports.

Reason for choosing Fixed Asset Pro

Had used Fixed Asset Pro at another company and would highly recommend.

Vendor Response

Thank you for writing a review. We value your opinions and feedback. As and easier (and better) alternative to the Report Builder, try using the Flex View Grid in the Asset Listing tab. It includes a library of data views that you can customize or make your own data views with any fields in any order, include subtotals, etc. You can save these data views to Excel and CSV to make custom reports.

Replied May 2023

Kristie

Machinery, 201-500 employees

Used monthly for less than 2 years

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

4

FUNCTIONALITY

4

Reviewed May 2022

Easy to use, accurate

I’ve been very pleased with its ability to do the things I need.

PROS

The ease of use to get accurate results.

CONS

The software continuously asked if you want to recalculate.

Reason for choosing Fixed Asset Pro

It’s ability to stand alone, not part of a bigger package. Price

Vendor Response

Thanks for writing a review of Fixed Asset Pro. We value your opinions and feedback. The program will prompt you to recalculate before running a report, but only if your data has changed. It does this to ensure that depreciation calculations are refreshed in your reports when your data changes.

Replied May 2022

Emily

Government Administration, 11-50 employees

Used monthly for more than 2 years

Review Source: Capterra

OVERALL RATING:

3

EASE OF USE

3

VALUE FOR MONEY

4

CUSTOMER SUPPORT

4

FUNCTIONALITY

3

Reviewed April 2022

sjcmvcd

In a scale of 1 to 10, I will give a 5

PROS

It is easy to use; I did not have to take a training course for it.

CONS

It does not meet our needs 100% since we are a government agency and we are tax exempt. It is difficult to customize the reports since I, as the only user, not an IT person.

Reason for choosing Fixed Asset Pro

It appeared to be the best fit and I did not realize it is designed for the tax professionals

Reasons for switching to Fixed Asset Pro

The program was too expensive for our needs

Vendor Response

Thank you for your review. It's good to know you found Fixed Asset Pro easy to use. You can easily disable the Tax book and all tax-related input fields. In fact, the vast majority of customers are not tax professionals and they turn off the tax part. The program's custom report writer is a bit technical as are all report writers in general. But there is a better/easier way to create custom reports. You can use the the Flex View grid to create custom data views that you can export to Excel to make custom reports. There is a training video on how to use the Flex View grid and our Technical Support can also show you how to use it to quickly and easily create custom reports.

Replied April 2022

Joan

Non-Profit Organization Management, 201-500 employees

Used monthly for more than 2 years

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

4

Reviewed April 2022

Clean asset software for small business.

Very happy with our move to Fixed Asset Pro. We previously used our fixed asset module within JD Edwards/Oracle, which was very cumbersome and gave very ugly and unnecessary large reports. Our needs for asset reporting is strictly to keep track of depreciation expense to adjust our GL as needed. Fixed Asset Pro is a great solution for our needs.

PROS

Ease of use, accurate reporting, clean report appearance. Ability to create various data bases, in order to run scenarios for forecasting and budgeting.

CONS

Periodically, have issues with importing of new assets, but can copy and revise prior assets if the import feature is not working at the time.

Reasons for switching to Fixed Asset Pro

Too difficult to use the software. Could not correct data entry errors. Reporting was messy and cumbersome. A depreciation report in JD EDwards was over 100 pages vs FAP's reporting of approximately 30 pages for basically the same data. FAP gives clean and easy to read reports while JD Edwards was not clear at all with many columns and lines of useless data for our needs.

Vendor Response

Thank you for writing a review of Fixed Asset Pro. We value your opinions and feedback. We have many customers that switch from other higher-priced systems for the same reasons as you. The Projections feature is great for capital budgeting. You can even include future CapEx and related depreciation in your projections. If you ever have trouble importing, please contact Technical Support and they will be happy to help.

Replied April 2022

Robert

Non-Profit Organization Management, 51-200 employees

Used monthly for more than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed May 2023

Highly Recommend Fixed Asset Pro!

See "Pros" response.

PROS

I have been using Fixed Asset Pro since 2015. Through the years, I have always relied on Fixed Asset Pro to accurately report our fixed assets, depreciation and disposals. Whenever I've run into issues, like switching from a calendar to fiscal year reporting, the support received was excellent. Fixed Asset Pro is an affordable product that offers excellent value. I also like the ability to attach fixed asset photos to each asset.

CONS

I have no complaints to list....thank you for providing an excellent fixed asset program at a reasonable cost over the past 8 years for our organization!

Reason for choosing Fixed Asset Pro

The value that Fixed Asset Pro offered Vs alternative products was the deciding factor for me. I have been very satisfied with my experience, customer support and value with Fixed Asset Pro these past 8 years, that I haven't had a reason to investigate any other options since.

Vendor Response

Thank you for writing a review and for using Fixed Asset Pro for all these years! It's good to know you've received excellent service.

Replied May 2023