Asset Accountant Management Tool
A dedicated asset accounting and depreciation tool for not-for-profits and charities
When you partner with Giuntabell on your Not-for-Profit finance and accounting, you receive access to the greatest resources and tools in addition to a committed team. Asset Accountant is a user-friendly, reasonably priced cloud-based asset accounting and depreciation tool.
Robust asset accounting and depreciation management
Managing fixed assets and leases can be complex and time-consuming. With our cloud-based Asset Accountant software, you can simplify and streamline these processes. The Asset Accountant platform is designed to handle the most detailed depreciation and leasing calculations, ensuring compliance with the latest ATO tax rulings and accounting standards like IAS 16 and IFRS 16.
Accurate Depreciation Management: Detailed modelling of fixed asset depreciation for both accounting and tax.
Comprehensive Lease Accounting: Automated calculations for finance leases, operating leases, and hire purchase agreements.
Compliance Monitoring: Stay updated with changes to ATO tax rulings and accounting standards.
Key Features of Asset Accountant
Explore the powerful capabilities of Asset Accountant, a comprehensive cloud-based asset accounting and depreciation tool designed to meet the needs of not-for-profit and charity organisations. Below are six standout features that demonstrate how Asset Accountant can streamline your asset management processes, ensure compliance, and provide detailed insights into your financial data.
Comprehensive Depreciation Management with detailed modelling of fixed asset depreciation for both accounting and tax.
Advanced Lease Accounting with automated calculations for IFRS 16 leasing, covering finance leases and many more.
Detailed ATO Compliance such as In-depth coverage of ATO rules
Powerful Reporting and Dashboards, pre-built reporting templates for quick report creation.
Eliminate the need for spreadsheets and attachments with complete asset management access in a cloud-based platform.
Seamless Integration and Support: faster workflows with prebuilt reporting and dashboards, dedicated customer service.
Deep Coverage of Depreciation and Leasing Concepts
Asset Accountant offers comprehensive coverage of various depreciation and leasing scenarios, including:
IFRS Depreciation Coverage:
Prime cost, diminishing value, units of use, immediate treatments
Revaluations and impairments
Adjustments and reassessments
Components and works in progress
Partial acquisitions and disposals
IFRS 16 Leasing Coverage:
Finance lease, operating lease, and hire purchase agreements
Lease opening balances, terminations, and refinancing
Multiple assets per lease
Detailed ATO Rules:
Low Value Pool, Small Business Pool, Software Pools, Division 43
Blackhole Expenditure, Luxury Vehicle Caps, Backing Business Investment
Automated ATO effective life lookups
Connecting Asset Accountant
Asset Accountant ensures your not-for-profit organisation maintains compliance, achieves operational efficiency, and gains valuable insights into your financial performance.
Contact us now to learn more about how Giuntabell and Asset Accountant can support the success of your not-for-profit or charity organisation.
