Fixed Asset Management Software

The future of fixed-asset management

Stay in control of your entire asset lifecycle without spending any time on manual work. DualEntry’s automations make it simpler to maintain detailed records of every step – from acquisition to retirement.

13,000+ native integrations

Save time and have more 
peace of mind

Greater accuracy, more standardization, and convenient automation of your fixed-asset distribution and lease accounting. Discover how DualEntry’s AI can streamline your accounting workflows.

Automated depreciation

Stop time-intensive work and allow DualEntry to automate asset depreciation. Benefit from instant calculations based on your team’s needs – from standard straight-line depreciations and amortizations to complex custom rate curves.

Copilot support

Streamline your approach to disposals and changes. Share all relevant updates with DualEntry’s copilot, then automatically receive suggestions for accounting adjustments and journal-entry revisions.

Automated lease accounting

Keep automatically updated records of all your lease information, from start and end dates to overall cost. Allocate your expenses evenly through every contract term, and ensure your lease accounting is uniform and compliant.

Streamlined asset tracking

Cut out manual work with Excel sheets and pivot tables. DualEntry automatically integrates all transactions from your general ledger and categorizes transactions that should be allocated to fixed assets.

Auto-fill

Put time-consuming data entry in the past – and reduce errors – with DualEntry’s auto-fill feature. Simply upload a document, or select GL transactions, and let AI complete the details you need for comprehensive reporting.

Simplify all aspects of 
asset management

Keep track of your depreciating and non-depreciating fixed assets, and reconcile associated transactions with your general ledger. Always compliant and reporting-ready.

Comprehensive and compliant

Create precise financial statements and reports that comply with all tax and accounting standards. Access best-in-class analytics and filter assets by custom criteria, including by subsidiary or location.

4562, 4797, and roll forward reporting

Make consolidated reporting seamless – and packed with the granular, tax-specific detail you need. Quickly produce 4562 and 4797 reports, and generate roll forward reports with a few clicks.

Detailed asset inventory

Categorize assets by custom reporting segments and monitor all lease agreements in one place. Use DualEntry’s comprehensive inventory for an overview of your fixed assets, and quickly access key information about each one – from acquisition cost to estimated lifespan.

Everything you need from
a fixed asset management software
without the extra charges

Feature
AI copilot
Streamline your approach to disposals and changes. Share all relevant updates with DualEntry’s copilot, then receive suggestions for accounting adjustments and journal-entry revisions
Not supported
Not supported
AI not specific to fixed assets
4797 reporting
Reports only; no native form
Not supported
Reports only; external tool needed
4562 reporting
Exports to tax software
Not supported
Tax book, but no native form
Automated lease accounting
Keep automatically updated records of all your lease information, from start and end dates to overall cost
DualEntry AI automatically extracts key data from contracts to cut manual entry and reduce errors
Not supported
Not supported
Auto fill (asset data)
Upload a document, or select GL transactions, and let DualEntry AI complete the details you need for comprehensive reporting
Manual entry only
Roll-forward reporting
Asset inventory management
Categorize assets by custom reporting segments and monitor all lease agreements in one place. Use DualEntry’s comprehensive inventory for an overview of your fixed assets
Asset tracking
DualEntry automatically integrates all transactions from your general ledger and categorizes transactions that should be allocated to fixed assets
Automated depreciation
DualEntry automates asset depreciation, delivering instant calculations based on your needs – from standard straight-line depreciations and amortizations to complex custom rate curves

Fixed asset management software FAQ

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What is fixed asset management software?

Fixed asset management software is used to track, depreciate, and manage assets like equipment, furniture, or property. It keeps your records clean, your audits simple, and your books accurate.

What is the best asset management software?

The best asset management software depends on your business needs, but its overall benefits should be to save your team time, automate depreciation, and adapt to your business needs. For larger teams it should also support multi-entity tracking and integrate seamlessly with your existing accounting stack.

Does Office 365 have asset management?

No, Office 365 doesn’t offer asset management. While some small teams track assets using Excel or Google Sheets, it's not recommended as this type of manual route is typically error-prone. If you’re a growing team wanting to scale your business, you should look for a dedicated fixed asset software or an ERP that has this feature built in.

What falls under fixed assets?

Fixed assets include long-term usage items like machinery, vehicles, office equipment, furniture, leasehold improvements, and buildings. The term covers pretty much any asset your company owns and uses for over a year, and doesn’t intend to sell. Most companies apply a capitalization threshold (e.g. $2,500+) to decide what qualifies. These assets sit on your balance sheet and depreciate over time, so you should track them accurately.

What does DualEntry’s fixed asset module automate?

DualEntry’s fixed asset features automate the whole process, covering:

AI-powered depreciation schedules

AI-assisted asset tracking and document auto-fill

IRS-ready 4562 and 4797 reporting with built-in tax management software for simplified compliance

Automated lease accounting

IRS-ready 4562 and 4797 reporting

Roll-forward and audit trail-ready reporting

Seamless integration with your general ledger software

Real-time analytics and inventory visibility

Does DualEntry support asset imports and historical data?

Yes, DualEntry works like a fixed asset depreciation software. It supports asset import and historical depreciation data in bulk, so you can switch over without losing track.

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