Attention: This is a site-wide announcement. Explore more Medium Rare templates here

Your GASB 34 compliant tool

Meet the government’s financial reporting requirements using Bassets eDepreciation with ease and speed.
Get Demo

Evaluation License

Experience the same features as the full-featured versions, but limited to only 100 fixed asset records. Best for exploring the potential of Bassets eDepreciation.

Compact Edition

Suitable for organizations with up to 5,000 fixed assets. Comes with 2 user licenses.

Standard Edition

Suitable for organizations with up to 20,000 fixed assets. It comes with 3 user licenses and is best for large organizations with multiple business units.

Enterprise edition

Suitable for SMEs and large enterprises as it supports an unlimited number of fixed asset records. It comes with 4 user licenses.

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

Read Story

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

Read Story

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

Read Story