This replaced a spreadsheet that was quietly wrong
Form 4562 prints in the format the IRS wants and our accountant does not touch it. That used to be a two day exercise at year end.
Pros
Genuinely shortens the fixed asset audit
Cons
Initial asset import is unforgiving
Ease of use
Value for money
Customer service
Functionality
37 found this helpful
Kirsten Leclerc
Operations Manager, Blackstone Contracting
Canada·Software·201 to 500 employees
4.0
Mar 8, 2026
Verified userLinkedIn confirmedUsed 1 to 2 years
This replaced a spreadsheet that was quietly wrong
Separate books for GAAP and tax from one asset record is the entire reason to buy this. Before, we kept two schedules and they disagreed by a few thousand dollars every single year and nobody could say why.
Pros
Multiple parallel books from one asset record
Cons
Hard to justify under about a hundred assets
Ease of use
Value for money
Customer service
Functionality
36 found this helpful
Sanjay Dashwood
HR Manager, Foundry Road Studios
United States·Manufacturing·1 to 10 employees
1.0
Jul 18, 2024
Verified userLinkedIn confirmedUsed 6 to 12 months
Interface has not moved in a decade
Support is fine if you already know depreciation. If you are the office manager who inherited fixed assets, the answers assume knowledge you do not have and you will end up asking your accountant anyway.
Pros
Form 4562 output that auditors accept
Cons
Quote only pricing through a partner
Ease of use
Value for money
Customer service
Functionality
Response from the vendorJul 20, 2024
Thank you for the feedback. We know the initial import is the hardest part of onboarding and our professional services team can assist with data preparation. Please reach out to your account manager if you would like help.
36 found this helpful
Kimberly Ghosh
Finance Manager, Bluewater Consulting
Canada·Hospitality·51 to 200 employees
4.0
Feb 5, 2026
LinkedIn confirmedUsed 6 to 12 months
Form 4562 comes out correct every time
We have assets in both the US and Canada, and having MACRS and CCA in one system with one asset register was the deciding factor. Everything else we looked at meant two products.
Pros
Multiple parallel books from one asset record
Cons
Quote only pricing through a partner
Ease of use
Value for money
Customer service
Functionality
35 found this helpful
Bruno Ishikawa
Sales Director, Cedar & Vine Interiors
United States·Legal·500+ employees
1.0
Nov 30, 2025
Verified userLinkedIn confirmedUsed 2 or more years
The initial import ate a week
I understand it is a mature product but the interface has genuinely not changed in ten years. Onboarding anyone new means sitting with them for a full day, and that cost is real even if it does not appear on the invoice.
Pros
US tax content maintained as the rules change
Cons
Quote only pricing through a partner
Ease of use
Value for money
Customer service
Functionality
35 found this helpful
Trevor Laroche
HR Manager, Silverbirch Accounting
United States·Construction·11 to 50 employees
5.0
May 11, 2026
Verified userLinkedIn confirmedUsed less than 6 months
Handles both US and Canadian assets properly
Separate books for GAAP and tax from one asset record is the entire reason to buy this. Before, we kept two schedules and they disagreed by a few thousand dollars every single year and nobody could say why.
Pros
Multiple parallel books from one asset record
Cons
Initial asset import is unforgiving
Ease of use
Value for money
Customer service
Functionality
33 found this helpful
Kimberly Rasheed
Studio Director, Sandbar Hospitality
Canada·Professional services·1 to 10 employees
3.0
Mar 1, 2026
Verified userLinkedIn confirmedUsed 2 or more years
Worth it above a certain asset count
The reporting is comprehensive but the report writer is from another era. We export to Excel for anything that needs to look presentable, which slightly defeats the purpose.
Pros
Form 4562 output that auditors accept
Cons
Initial asset import is unforgiving
Ease of use
Value for money
Customer service
Functionality
33 found this helpful
Joelle Espinoza
Practice Manager, Northgate Logistics
United States·Nonprofit·11 to 50 employees
4.0
Sep 10, 2025
Verified userLinkedIn confirmedUsed 2 or more years
Our auditor stopped asking questions
Our auditors used to spend a day on fixed assets. Now they pull the schedule, tie it out and move on. Genuinely shortened the audit.
Pros
Barcode inventory of physical assets
Cons
Interface is dense and dated
Ease of use
Value for money
Customer service
Functionality
32 found this helpful
Jerome Nguyen
Operations Manager, Falcon Ridge Landscaping
United States·Hospitality·11 to 50 employees
4.0
Dec 12, 2024
Verified userUsed 1 to 2 years
Two books from one asset record
We have assets in both the US and Canada, and having MACRS and CCA in one system with one asset register was the deciding factor. Everything else we looked at meant two products.
Pros
Canadian CCA supported alongside MACRS
Cons
Hard to justify under about a hundred assets
Ease of use
Value for money
Customer service
Functionality
32 found this helpful
Julius Xu
Studio Director, Falcon Ridge Landscaping
United States·Financial services·11 to 50 employees
4.0
Nov 14, 2024
LinkedIn confirmedUsed 2 or more years
Our auditor stopped asking questions
We have assets in both the US and Canada, and having MACRS and CCA in one system with one asset register was the deciding factor. Everything else we looked at meant two products.
Pros
US tax content maintained as the rules change
Cons
Quote only pricing through a partner
Ease of use
Value for money
Customer service
Functionality
32 found this helpful
Grace Ugwu
Controller, Granite Peak Roofing
United States·Real estate·1 to 10 employees
4.0
Sep 8, 2024
Verified userLinkedIn confirmedUsed 1 to 2 years
Two books from one asset record
We have assets in both the US and Canada, and having MACRS and CCA in one system with one asset register was the deciding factor. Everything else we looked at meant two products.
Pros
Barcode inventory of physical assets
Cons
Hard to justify under about a hundred assets
Ease of use
Value for money
Customer service
Functionality
32 found this helpful
Sanjay Fitzgerald
Operations Manager, Coastline Outfitters
United States·Construction·1 to 10 employees
5.0
Feb 27, 2025
Verified userLinkedIn confirmedUsed 1 to 2 years
Form 4562 comes out correct every time
We ran depreciation in Excel for nine years and I always half suspected it was wrong. It was. The first reconciliation after we moved found errors going back four years. This product paid for itself in the first month just by being right.
Pros
Canadian CCA supported alongside MACRS
Cons
Interface is dense and dated
Ease of use
Value for money
Customer service
Functionality
31 found this helpful
Greta Villareal
Director of Finance, Sandbar Hospitality
United States·Marketing·1 to 10 employees
4.0
Jun 1, 2026
Verified userLinkedIn confirmedUsed 6 to 12 months
Our auditor stopped asking questions
Section 179 limits and bonus depreciation change constantly and I no longer track it. Sage updates the tax content and the calculation is simply correct. That is worth the maintenance fee on its own.
Pros
Canadian CCA supported alongside MACRS
Cons
Quote only pricing through a partner
Ease of use
Value for money
Customer service
Functionality
30 found this helpful
Douglas Bernard
Controller, Aurora Print House
Canada·Construction·1 to 10 employees
5.0
Jul 12, 2025
Verified userLinkedIn confirmedUsed 2 or more years
Bonus depreciation handled without me reading the code
We have assets in both the US and Canada, and having MACRS and CCA in one system with one asset register was the deciding factor. Everything else we looked at meant two products.
Pros
Multiple parallel books from one asset record
Cons
Hard to justify under about a hundred assets
Ease of use
Value for money
Customer service
Functionality
30 found this helpful
Selena Villareal
Sales Director, Harborline Supply
United States·Ecommerce·11 to 50 employees
5.0
Jun 1, 2026
Verified userLinkedIn confirmedUsed 1 to 2 years
Form 4562 comes out correct every time
Section 179 limits and bonus depreciation change constantly and I no longer track it. Sage updates the tax content and the calculation is simply correct. That is worth the maintenance fee on its own.
Pros
US tax content maintained as the rules change
Cons
Report writer is well behind the times
Ease of use
Value for money
Customer service
Functionality
29 found this helpful
Gabriel Zielinski
Operations Manager, Willow & Ash Salons
United States·Healthcare·51 to 200 employees
5.0
Oct 5, 2025
Verified userLinkedIn confirmedUsed 2 or more years
This replaced a spreadsheet that was quietly wrong
Form 4562 prints in the format the IRS wants and our accountant does not touch it. That used to be a two day exercise at year end.
Pros
Genuinely shortens the fixed asset audit
Cons
Initial asset import is unforgiving
Ease of use
Value for money
Customer service
Functionality
29 found this helpful
Hassan Torres
People Operations Lead, Cedar & Vine Interiors
United States·Software·201 to 500 employees
5.0
Jul 29, 2025
Verified userUsed 2 or more years
It knows the tax rules so I do not have to
Section 179 limits and bonus depreciation change constantly and I no longer track it. Sage updates the tax content and the calculation is simply correct. That is worth the maintenance fee on its own.
Pros
Barcode inventory of physical assets
Cons
Report writer is well behind the times
Ease of use
Value for money
Customer service
Functionality
29 found this helpful
Amelia Quigley
Founder, Aurora Print House
United States·Marketing·11 to 50 employees
5.0
Jan 2, 2025
Verified userUsed less than 6 months
Two books from one asset record
The mid quarter convention is the kind of thing that catches people out and it just handles it. I did not even know we had tripped it until the software told me.
Pros
Barcode inventory of physical assets
Cons
Initial asset import is unforgiving
Ease of use
Value for money
Customer service
Functionality
28 found this helpful
Ines Quintero
General Manager, Aurora Print House
United States·Accounting·1 to 10 employees
5.0
Oct 23, 2024
Verified userUsed 1 to 2 years
It knows the tax rules so I do not have to
We have assets in both the US and Canada, and having MACRS and CCA in one system with one asset register was the deciding factor. Everything else we looked at meant two products.
Pros
Barcode inventory of physical assets
Cons
Quote only pricing through a partner
Ease of use
Value for money
Customer service
Functionality
26 found this helpful
Theo Doyle
Accountant, Coastline Outfitters
United States·Marketing·1 to 10 employees
4.0
Aug 28, 2025
Verified userUsed 1 to 2 years
Form 4562 comes out correct every time
Our auditors used to spend a day on fixed assets. Now they pull the schedule, tie it out and move on. Genuinely shortened the audit.