Bloomberg Tax & Accounting Fixed Assets is the cloud-based software solution that automates and manages your fixed assets life cycle from construction and purchase to retirement. Our depreciation software helps you avoid the main pitfalls of fixed assets management: inefficiency caused by multiple platforms and needlessly complex processes, manual calculation errors, and keeping up with changing regulations. Key benefits of the Fixed Assets software: • Stay accurate and compliant with books and reports automatically updated to include the latest tax laws and built-in depreciation calculations for MACRS, ADS, and more • Reduce IT spend with cloud-based software — multiple-users can access anywhere, anytime • Easily reconcile between periods and books without losing historical data • Automate tracking of error-prone Construction in Progress projects and easily convert expenses to depreciable assets • Avoid manual data entry and shorten financial close times by automatically integrating fixed assets software with your existing ERP system • Get the greatest tax savings out of your fixed assets by modeling different scenarios with up to 99 books