Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

You can maximize your tax benefits by accurately depreciating fixed assets. You can view the impact of fixed assets on your financial statements to ensure a clear financial picture. Handle the sale and disposition of fixed assets. You could buy ten identical assets and then sell one or more. You can easily set up client templates to ensure that you only have to enter the same general ledger account numbers or categories once. Asset depreciation can easily be recorded, stored and calculated to assist with income tax returns. Either a standalone system or integrated seamlessly with CenterPoint Accounting software. Management schedules for accrual reporting.

Description

DepreciationWorks serves as a valuable resource for businesses, nonprofits, and government entities by managing depreciation calculations, schedules, financial reporting, and fixed asset management. It can be installed on local machines and has the capability to access data files from any visible folder in Windows Explorer, even across network drives. There’s no need for additional software or services to be installed on the server, enhancing its accessibility. This tool offers an audit trail, aligns with accounting records, and functions as a subsidiary ledger specifically for fixed assets. Additionally, it features a calendar module that allows for the scheduling of asset warranties and maintenance tasks, which can include recurring events and Gantt chart views. Users can manage an unlimited number of companies and assets simultaneously. The advantages of using DepreciationWorks far surpass those of traditional spreadsheets. Moreover, it simplifies operations more effectively than either Excel® or standalone tax depreciation applications, making it an ideal choice for organizations of all sizes. With its comprehensive features, DepreciationWorks streamlines the complexities associated with asset management, ensuring accuracy and efficiency in financial oversight.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

CenterPoint Accounting Yes 

Integrations

CenterPoint Accounting No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

$389 one-time payment
Free Trial Yes 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based No 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Red Wing Software

Founded

1979

Country

United States

Website

www.redwingsoftware.com

Vendor Details

Company Name

DepreciationWorks

Website

www.depreciationworks.com

Product Features

Fixed Asset Management

Asset Budgeting No 
Asset Lifecycle Management Yes 
Audit Trail Yes 
Barcoding / RFID No 
Depreciation Management Yes 
Disposal Management Yes 
Document Management No 
Inventory Tracking Yes 
Tax Management Yes 

Product Features

Fixed Asset Management

Asset Budgeting No 
Asset Lifecycle Management No 
Audit Trail Yes 
Barcoding / RFID No 
Depreciation Management Yes 
Disposal Management Yes 
Document Management Yes 
Inventory Tracking No 
Tax Management No 

Alternatives

Fixed Asset Pro Reviews

Fixed Asset Pro

MoneySoft

Alternatives

Fixed Assets CS Reviews

Fixed Assets CS

Thomson Reuters
Fixed Assets CS Reviews

Fixed Assets CS

Thomson Reuters
AssetManager Pro Reviews

AssetManager Pro

GRAGA Software Solutions
CenterPoint Depreciation Reviews

CenterPoint Depreciation

Red Wing Software
CMI Fixed Assets Reviews

CMI Fixed Assets

Pro Systems Inc
EAZY Asset Reviews

EAZY Asset

Eazy ERP Technologies Pvt Ltd