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Fixed Asset Pro16 3.5

Excelsoft Technology  ❘ Commercial
Latest Version
3.5

Streamline Your Asset Management with Fixed Asset Pro16

Boris Weber

Fixed Asset Pro16 offers a comprehensive solution for businesses to efficiently track and manage their fixed assets, ensuring accuracy and compliance.
2025 Editor's Rating
Excelsoft® Fixed Asset Pro16 is a full-featured, comprehensive, and easy-to-use application designed to manage/organize/ track/compute company asset. It manages all of your assets' needs starts from acquiring, depreciation, asset service/maintenance, custodian, warranty, costing, journaling, etc. You can group them by Dept, Cost Group, Class, Location, etc. It supports various depreciation methods and asset transactions (transfer, write off, revaluation, disposal). Built-in integrated screen for easy access and viewing, complete with picture and breakdown. This application is compliance with International Accounting Standard (IAS16 - Property, Plant and Equipment).

With its easy to navigate TreeView, user can group/sort and access the status with single click -- minimum learning process. It supports various depreciations, asset transactions (transfer, write off, revaluation, disposal). Built-in integrated screen for easy access and viewing, complete with picture and breakdown. Enterprise is also available for multi-users, multi-company environment with built-in security access.

FIXED ASSET DETAIL
Asset Master: complete recording of purchase price, date, service date, warranty date, asset class, cost group, custodian, vendor, department, provider, asset?s photo, asset breakdown, tagging, etc. You also tag id and photo for the asset breakdown for tracking. Multiple depreciation methods assign for fiscal and tax purposes.

DEPRECIATION
Depreciation methods: straight line, declining balance (fixed and variable by %), double declining (fixed and variable), sum of the year digit (full year and fiscal year). System is capable to recalculate depreciation regardless if the inquiry date or useful life is changed. Even if asset revaluation is perform, all the historical calculations will remain correct.

TRANSFER AND DISPOSAL
Asset can be transferred, disposed, written off, or revalue. System generate all standard journals completes with account number. System supports multiple branches transfer, multiple entities, and multi-user.

AUTOMATIC JOURNAL
Asset Pro16 produces its own journals for you and it is also compliance with IAS16, such as monthly depreciation journals, asset revaluation/ disposal/ write-off/transfer journal. You can completely setup your own chart of account to match your organization requirements.

COMPREHENSIVE REPORTS
Other than our standard pre-formatted reports, you can also build your own reports using MS Excel and group then as you like. Standard reports can also be export to MS Excel format for analysis.

PRODUCT LICENSE
For organization with less than 50 assets, we provide it for FREE as your goodwill token. However, you can obtain our application for single license up to 300 assets for only $299 and for enterprise licenses (unlimited user and unlimited assets) for only US$1400.

Overview

Fixed Asset Pro16 is a Commercial software in the category Business developed by Excelsoft Technology.

The latest version of Fixed Asset Pro16 is 3.5, released on 11/13/2014. It was initially added to our database on 04/22/2012.

Fixed Asset Pro16 runs on the following operating systems: Windows.

Fixed Asset Pro16 has not been rated by our users yet.

Pros

  • User-friendly interface that simplifies asset management tasks
  • Comprehensive reporting features for financial tracking
  • Supports multi-departmental and multi-site asset management
  • Customizable fields and options for flexible asset tracking
  • Integration capabilities with other accounting and ERP systems
  • Cloud-based access for real-time visibility and collaboration
  • Regular updates and customer support from the developers

Cons

  • Initial setup can be time-consuming depending on the number of assets
  • Licensing costs may be high for small businesses
  • Limited offline functionality if using cloud version
  • Requires internet access for certain features, which may not be ideal in remote areas
  • Learning curve for users unfamiliar with asset management software
  • May lack some advanced features found in more expensive solutions

FAQ

What is Fixed Asset Pro16?

Fixed Asset Pro16 is a software developed by Excelsoft Technology for managing fixed assets efficiently.

What are the key features of Fixed Asset Pro16?

Key features of Fixed Asset Pro16 include asset tracking, depreciation calculation, maintenance scheduling, reporting, and compliance management.

How does Fixed Asset Pro16 help with asset tracking?

Fixed Asset Pro16 allows users to track assets by recording purchase details, assigning unique identification codes, and updating asset status as it moves within the organization.

Can Fixed Asset Pro16 calculate depreciation automatically?

Yes, Fixed Asset Pro16 can calculate depreciation using various methods such as straight-line, double declining balance, and units of production.

Does Fixed Asset Pro16 support maintenance scheduling?

Yes, Fixed Asset Pro16 offers maintenance scheduling functionality to help users plan and track asset maintenance activities to prolong asset life.

How does Fixed Asset Pro16 assist with compliance management?

Fixed Asset Pro16 helps with compliance management by maintaining accurate records, generating reports for audits, and ensuring adherence to regulatory requirements.

Is Fixed Asset Pro16 suitable for small businesses?

Yes, Fixed Asset Pro16 is suitable for small businesses looking to manage fixed assets effectively without investing in complex and expensive solutions.

Can Fixed Asset Pro16 integrate with other software systems?

Yes, Fixed Asset Pro16 offers integration capabilities to connect with accounting software, inventory management systems, and other business applications.

Does Fixed Asset Pro16 provide customizable reporting options?

Yes, Fixed Asset Pro16 provides customizable reporting options that allow users to generate detailed reports on asset value, depreciation, maintenance history, and more.

Are there training resources available for using Fixed Asset Pro16?

Yes, Excelsoft Technology offers training resources such as user manuals, video tutorials, and customer support to help users maximize the benefits of Fixed Asset Pro16.


Boris Weber

Boris Weber

I am an editor at UpdateStar. I started as a support engineer, and am now specialized in writing about general software topics from a usability and performance angle among others. I telecommute from UpdateStar’s Berlin office, when I am not working remote as a digital nomad for UpdateStar. When I'm not analyzing the latest software updates, you can find me exploring new cities, immersing myself in local cultures, and discovering innovative tech trends across the globe.

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