AssetAccountant vs Bassets eDepreciation

AssetAccountant is cloud-based fixed-asset depreciation and lease-accounting software for businesses, corporations, and accounting firms. It calculates tax and accounting depreciation side by side using methods including MACRS, GDS, ADS, DDB, straight-line, and units of use. Lease tools automate payment schedules, interest accruals, and right-of-use amortization, with support for ASC 842 and IFRS 16. Users can manage multiple companies, funds, or clients under one login. Reports include depreciation schedules, disposal reports, tax reconciliations, and movement summaries. Native integrations include Xero, QuickBooks Online, Sage Intacct, and Microsoft Dynamics 365; journal exports are available for other ERPs, including SAP, Oracle, MYOB, and NetSuite. The free plan is listed at free, billed free forever, for up to 10 assets and excludes leases. Paid plans are billed monthly per 100 assets; Lite is listed at $6,100 a month, Basic at $121,004 a month, and Standard at $181,006 a month. Premium pricing is annual by quote for more than 1,000 assets or complex requirements. A 30-day trial is listed.

Bassets eDepreciation tracks fixed assets and calculates depreciation for historical, current, and future periods. It manages costs, acquisitions, tax savings, transfers, and disposals, and supports calculations including MACRS, Alt MACRS, Declining Balance, Section 179 Deduction, and Adjustment to Basis. The software provides more than 20 standard reports, SQL report writing, and exports to Excel, Crystal, Adobe PDF, Word, and RTF. It can convert spreadsheets and data from other fixed-asset systems, and export records for General Ledger Accounting software. The vendor says it supports IFRS standards and updates systems for tax and compliance law changes. It runs on web and Windows with hybrid deployment. Compact costs $9.99 a month per user for up to 5,000 assets; Standard costs $19.99 a month per user for up to 20,000 assets and includes optional modules and state tax reporting; Enterprise costs $29.99 a month per user, with unlimited records and variable pricing based on asset volume. A 14-day trial has the full-featured version but is limited to 100 records. There is no free plan.