Bloomberg Tax & Accounting Fixed Assets Reviews

The user interface is very easy to navigate

It is difficult to deal with partial asset dispositions.

You should compare this software to the others in the market such as fixed assets CS and CCH FAS

Calculating current year and future year depreciation.

.The user friendliness of the system is great

I don't have any dislikes yet, we've only been using the product for a month

A more efficient way of tracking our capital assets

Ease in use and the ability to add information that will benefit others in the future to identify products on the floor.

We use the web based product of fixed assets. There are some things that the desktop version has that the web based product does not and vice versa.

Being able to accomplish the company objective.

Web access and ease of use makes this product well worth the money spent.

Have not accounted any issues. Currently no dislikes.

Tracking fixed assets and booking depreciation. Very easy to use.

The product is best liked for the following characteristics: Ease of use, stability, Accuracy of the calculation and timely and strong product support

I would list 2 shortcomings within the product:

1- Tracking and mapping of open issues

2- Flexibility of custom requests

This software makes it so easy to maintain asset records, from CIP to disposal, the entire process is painless and efficient. There is no guesswork involved and no more spreadsheets! I love the reporting features as well.

So far I have zero complaints about this product.

We had an ancient asset reporting system at my current job. Having used BNA at another company, the first thing I did was request this product.

This software easily tracks all of our fixed assets accurately for book and tax purposes. They regularly update the software for applicable changes in laws and rules. Very easy to enter new assets, dispose of assets and run reports.

I used to dislike the fact that it was a program that ran locally on an individual computer. Now they have upgraded to a web-based version.

Highly recommend fixes assets.

We have to accurately report assets and depreciation not only for GAAP, but for tax purposed to maximize deductions for the ever changing tax rules. This software easily does that for us for things like Section 179 or bonus depreciation.

BNA FA is something I implemented last year. I did about 2 hours one on one training with a trainer, who was extremely knowledgeable about the product. Afterwards, I called for one off questions I had and was able to implement and use immediately.

Some of the categories are a bit confusing. It just takes some time to get used to the setup.

I've used Oracle and FAS previously for fixed assets. Oracle is very unforgiving and doesn't allow much change. It has been quite a while since I used FAS and don't remember much about the platform. BNA FA allows you to easily change or remove assets to get to your desired product. I am a one person tax department, so I need tools to help me work quickly and efficiently.

I am able to pull stuff immediately rather than waiting for advisors to provide, which takes weeks. It cuts down the time needed to do modeling for the company.

BNA offers a great product with cloud based storage of fixed assets. The reporting feature included in the software allow about any type of report needed to be ran.

The only complaint with the software is the way the reports appear when they are exported to excel. I would prefer a slightly cleaner look.

The software is helpful my is centralize our tax reporting of fixed assets.

I like that this software keeps track of all fixed assets and makes it easier to apply depreciation rules.

The software is very slow to load and freezes at times, I have had issues with AMT depreciation as well.

I have tried both Sage fixed assets and BNA fixed assets. I can't say one is astoundingly better than the other. They are both slow at times but ultimately make keeping track of fixed assets easier.

Problems solved: time wasted trying to keep track of fixed assets and recreating workbooks