An entry level fixed asset management tool to manage up to 1000 asset records
WorkGroup
Handle up to 10,000 fixed assets records with two user licenses
Standard
Manage up to 100,000 asset records in Microsoft SQL database for easier number crunching
Enterprise Edition
Support unlimited fixed asset records with optional modules to tailor the solution based on your business needs
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