--- title: Bloomberg Tax & Accounting Fixed Assets Reviews meta_title: 'Bloomberg Tax & Accounting Fixed Assets Reviews 2026: Details, Pricing, & Features | G2' meta_description: Filter 19 reviews by the users' company size, role or industry to find out how Bloomberg Tax & Accounting Fixed Assets works for a business like yours. aggregate_rating: rating_value: 3.8 review_count: 19 scale: '5' date_modified: '2026-07-12' parent_category: name: Tax Software url: https://www.g2.com/categories/tax-software --- # Bloomberg Tax & Accounting Fixed Assets Reviews **Vendor:** Bloomberg Industry Group **Category:** [Corporate Tax Software](https://www.g2.com/categories/corporate-tax) **Average Rating:** 3.8/5.0 **Total Reviews:** 19 ## About Bloomberg Tax & Accounting Fixed Assets 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 ## Bloomberg Tax & Accounting Fixed Assets Reviews ### 1. Expensive program, not meant for small business. **Rating:** 2.5/5.0 stars **Reviewed by:** Verified User in Hospital & Health Care | Mid-Market (51-1000 emp.) **Reviewed Date:** October 28, 2021 **What do you like best about Bloomberg Tax & Accounting Fixed Assets?** The fixed asset program was easy to use. **What do you dislike about Bloomberg Tax & Accounting Fixed Assets?** There was a clock that blocked our company from using the program when the software was no longer covered. The lock-out occurred because Bloomberg BNA no longer offered unless we moved to their cloud-based program. **Recommendations to others considering Bloomberg Tax & Accounting Fixed Assets:** We did not use this software to its full potential, and small businesses may want to look into the scope of the software. **What problems is Bloomberg Tax & Accounting Fixed Assets solving and how is that benefiting you?** Fixed asset tracking was accurate. ### 2. Keep track of your fixed assets **Rating:** 3.5/5.0 stars **Reviewed by:** Sarah W. | Federal Tax Associate, Accounting, Enterprise (> 1000 emp.) **Reviewed Date:** March 20, 2018 **What do you like best about Bloomberg Tax & Accounting Fixed Assets?** I like that this software keeps track of all fixed assets and makes it easier to apply depreciation rules. **What do you dislike about Bloomberg Tax & Accounting Fixed Assets?** The software is very slow to load and freezes at times, I have had issues with AMT depreciation as well. **Recommendations to others considering Bloomberg Tax & Accounting Fixed Assets:** 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. **What problems is Bloomberg Tax & Accounting Fixed Assets solving and how is that benefiting you?** Problems solved: time wasted trying to keep track of fixed assets and recreating workbooks Benefits realized:" more accurate depreciation reports ### 3. Does the job, but not user friendly **Rating:** 1.5/5.0 stars **Reviewed by:** Verified User in Transportation/Trucking/Railroad | Enterprise (> 1000 emp.) **Reviewed Date:** November 09, 2017 **What do you like best about Bloomberg Tax & Accounting Fixed Assets?** Custom report creation, simple to enter and track assets on a basic level, and you can define your depreciation schedules based on what your company uses **What do you dislike about Bloomberg Tax & Accounting Fixed Assets?** So many options for reports they are almost difficult to use, you can't export the main asset list (have to run a custom report), You can only search for asset ID with the find function, you can't search for descriptions, VIN, names, etc. Two users can't be logged in on different computers. **Recommendations to others considering Bloomberg Tax & Accounting Fixed Assets:** Larger companies will need a much more advanced fixed asset accounting software **What problems is Bloomberg Tax & Accounting Fixed Assets solving and how is that benefiting you?** Simple tool to create reporting figures and provide audit evidence of fixed assets. ### 4. Excellent Fixed Asset Software **Rating:** 4.0/5.0 stars **Reviewed by:** Verified User in Banking | Enterprise (> 1000 emp.) **Reviewed Date:** April 11, 2018 **What do you like best about Bloomberg Tax & Accounting Fixed Assets?** 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. **What do you dislike about Bloomberg Tax & Accounting Fixed Assets?** 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. **What problems is Bloomberg Tax & Accounting Fixed Assets solving and how is that benefiting you?** The software is helpful my is centralize our tax reporting of fixed assets. ### 5. BNA Fixed Assets **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Accounting | Small-Business (50 or fewer emp.) **Reviewed Date:** January 28, 2018 **What do you like best about Bloomberg Tax & Accounting Fixed Assets?** The user interface is very easy to navigate **What do you dislike about Bloomberg Tax & Accounting Fixed Assets?** It is difficult to deal with partial asset dispositions. **Recommendations to others considering Bloomberg Tax & Accounting Fixed Assets:** You should compare this software to the others in the market such as fixed assets CS and CCH FAS **What problems is Bloomberg Tax & Accounting Fixed Assets solving and how is that benefiting you?** Calculating current year and future year depreciation. ### 6. Review BNA Fixed Assets Web **Rating:** 5.0/5.0 stars **Reviewed by:** Hamadi B. | Excecutive Director, Entertainment, Enterprise (> 1000 emp.) **Reviewed Date:** February 14, 2017 **What do you like best about Bloomberg Tax & Accounting Fixed Assets?** The product is best liked for the following characteristics: Ease of use, stability, Accuracy of the calculation and timely and strong product support **What do you dislike about Bloomberg Tax & Accounting Fixed Assets?** I would list 2 shortcomings within the product: 1- Tracking and mapping of open issues 2- Flexibility of custom requests **Recommendations to others considering Bloomberg Tax & Accounting Fixed Assets:** There are few considerations: 1- Is there a one GL System or multiple GL Systems that feed into the Fixed Assets. 2- Relationship between Tax Department and IT Department in charge of the Fixed Assets per Books. 3- Resources available in the Tax Department to manage Fixed Asset System 4- Type of Industry and Complexity of Fixed Assets management within the company 5- Number of users that would need access to the Fixed Assets system 6- Pricing 7- Consider whether to internally host the Fixed Asset solution or have the vendor host it. **What problems is Bloomberg Tax & Accounting Fixed Assets solving and how is that benefiting you?** Managing Fixed Assets from multiple ledges, consolidating tax deprecation, running scenarios for tax depreciation, building various company hierarchies for what-if-scenarios. ### 7. BNA FA implementation and maintenance **Rating:** 5.0/5.0 stars **Reviewed by:** Johnana B. | Tax Director, Utilities, Small-Business (50 or fewer emp.) **Reviewed Date:** February 14, 2017 **What do you like best about Bloomberg Tax & Accounting Fixed Assets?** 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. **What do you dislike about Bloomberg Tax & Accounting Fixed Assets?** Some of the categories are a bit confusing. It just takes some time to get used to the setup. **Recommendations to others considering Bloomberg Tax & Accounting Fixed Assets:** 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. **What problems is Bloomberg Tax & Accounting Fixed Assets solving and how is that benefiting you?** 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. ### 8. Former FAS user **Rating:** 3.0/5.0 stars **Reviewed by:** Verified User in Pharmaceuticals | Enterprise (> 1000 emp.) **Reviewed Date:** February 14, 2017 **What do you like best about Bloomberg Tax & Accounting Fixed Assets?** 1. Ease of running depreciation reports for past or future periods. 2. The ability to create and delete books within a company at will 3. The ability to run projection reports on large amounts of assets **What do you dislike about Bloomberg Tax & Accounting Fixed Assets?** 1. Form 4562 can only be run on a full year basis 2. The locking and unlocking of companies becomes tedious when you're importing assets and running reports to check if everything is in correctly 3. CIP/Inactive assets can't be filtered out of reports on "All Assets" **Recommendations to others considering Bloomberg Tax & Accounting Fixed Assets:** 1. Eliminate the need to unlock when running reports. 2. Allow for reports/forms to be run over any time period 3. When importing accumulated depreciation do not met the system update the amount. There are options to do this however they do not consistently work. In speaking with tech support they acknowledged this was a known issue but did not know when it would be corrected. **What problems is Bloomberg Tax & Accounting Fixed Assets solving and how is that benefiting you?** 1. Running depreciation projections for multiple scenarios with multiple books in one company. This is nearly impossible with other vendor's software. ### 9. Fixed asset management for depreciation purposes **Rating:** 3.5/5.0 stars **Reviewed by:** Verified User in Computer Software | Mid-Market (51-1000 emp.) **Reviewed Date:** October 31, 2017 **What do you like best about Bloomberg Tax & Accounting Fixed Assets?** All fixed asset records in one database with multiple depreciation lives/methods and reporting **What do you dislike about Bloomberg Tax & Accounting Fixed Assets?** redundant input required, not enough on screen explanations of methods/lives **What problems is Bloomberg Tax & Accounting Fixed Assets solving and how is that benefiting you?** depreciation reporting for future year, mid-year calculations, book/tax depreciation expense ### 10. Acceptable Product **Rating:** 3.0/5.0 stars **Reviewed by:** Verified User in Accounting | Mid-Market (51-1000 emp.) **Reviewed Date:** November 02, 2016 **What do you like best about Bloomberg Tax & Accounting Fixed Assets?** I like the scalability of the software. It can grow with a company without any problems. It also has the essential feature of being able to calculate and produce depreciation reports for both Tax MACRS depreciation methods, as well as any other standard accrual/book depreciation methods. **What do you dislike about Bloomberg Tax & Accounting Fixed Assets?** The functioning of adding or removing assets is cumbersome if you are entering 30 or 40 new assets for an entire year at one time because you have to manually enter each one. This takes up time if you are managing fixed assets for more than one company. **What problems is Bloomberg Tax & Accounting Fixed Assets solving and how is that benefiting you?** The problem of client consistency. Most clients would not be able to produce a reliable/accurate fixed assets report if they had to track all assets themselves each year. Businesses don't always keep accurate records and will forget or not provide by mistake information on more than half their assets sometimes. ### 11. Excellent Product! I recommend highly! **Rating:** 5.0/5.0 stars **Reviewed by:** Misty D. | Finance Director, Non-Profit Organization Management, Mid-Market (51-1000 emp.) **Reviewed Date:** February 14, 2017 **What do you like best about Bloomberg Tax & Accounting Fixed Assets?** 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. **What do you dislike about Bloomberg Tax & Accounting Fixed Assets?** So far I have zero complaints about this product. **What problems is Bloomberg Tax & Accounting Fixed Assets solving and how is that benefiting you?** 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. Switching over was simple, and the support team was great! ### 12. Great and easy to use. **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Construction | Mid-Market (51-1000 emp.) **Reviewed Date:** February 14, 2017 **What do you like best about Bloomberg Tax & Accounting Fixed Assets?** 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. **What do you dislike about Bloomberg Tax & Accounting Fixed Assets?** 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. **Recommendations to others considering Bloomberg Tax & Accounting Fixed Assets:** Highly recommend fixes assets. **What problems is Bloomberg Tax & Accounting Fixed Assets solving and how is that benefiting you?** 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. ### 13. Great Product **Rating:** 4.5/5.0 stars **Reviewed by:** Amanda H. | Senior Property Accountant, Real Estate, Mid-Market (51-1000 emp.) **Reviewed Date:** February 17, 2017 **What do you like best about Bloomberg Tax & Accounting Fixed Assets?** The user friendliness of the system is great **What do you dislike about Bloomberg Tax & Accounting Fixed Assets?** I don't have any dislikes yet, we've only been using the product for a month **What problems is Bloomberg Tax & Accounting Fixed Assets solving and how is that benefiting you?** A more efficient way of tracking our capital assets ### 14. Utilizing BNA Fixed Assets **Rating:** 4.5/5.0 stars **Reviewed by:** Paula F. | Corporate Controller, Apparel & Fashion, Small-Business (50 or fewer emp.) **Reviewed Date:** February 14, 2017 **What do you like best about Bloomberg Tax & Accounting Fixed Assets?** Web access and ease of use makes this product well worth the money spent. **What do you dislike about Bloomberg Tax & Accounting Fixed Assets?** Have not accounted any issues. Currently no dislikes. **What problems is Bloomberg Tax & Accounting Fixed Assets solving and how is that benefiting you?** Tracking fixed assets and booking depreciation. Very easy to use. ### 15. I have always found BNA easy to use and if I have a question their tech support is excellent. **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Plastics | Mid-Market (51-1000 emp.) **Reviewed Date:** February 17, 2017 **What do you like best about Bloomberg Tax & Accounting Fixed Assets?** Ease in use and the ability to add information that will benefit others in the future to identify products on the floor. **What do you dislike about Bloomberg Tax & Accounting Fixed Assets?** 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. **What problems is Bloomberg Tax & Accounting Fixed Assets solving and how is that benefiting you?** Being able to accomplish the company objective. ### 16. BNA Subleger **Rating:** 3.5/5.0 stars **Reviewed by:** Verified User in Plastics | Mid-Market (51-1000 emp.) **Reviewed Date:** February 17, 2017 **What do you like best about Bloomberg Tax & Accounting Fixed Assets?** BNA provides an easy to use sub-ledger for our AS400 system. It provides us with easy to download and use tax documents. **What do you dislike about Bloomberg Tax & Accounting Fixed Assets?** Until you get use to working with BNA, some aspects are not intuitively obvious. **What problems is Bloomberg Tax & Accounting Fixed Assets solving and how is that benefiting you?** We use BNA primarily for controlling out fleet assets, both owned and leased. ### 17. BNA Review **Rating:** 3.5/5.0 stars **Reviewed by:** Verified User in Broadcast Media | Mid-Market (51-1000 emp.) **Reviewed Date:** June 22, 2016 **What do you like best about Bloomberg Tax & Accounting Fixed Assets?** User friendly, easy to navigate, accuracy, reliability. Ability to re-produce reports from prior month and/or years. Covers all methods of depreciation. Customer service is always friendly and helpful. Annual updates. **What do you dislike about Bloomberg Tax & Accounting Fixed Assets?** Difficulty of transferring assets from entity to another **Recommendations to others considering Bloomberg Tax & Accounting Fixed Assets:** Definitely should be on your list of software to consider **What problems is Bloomberg Tax & Accounting Fixed Assets solving and how is that benefiting you?** Solving monthly depreciation. Realizing timely and accurate postings. ### 18. Simple fixed assets management, limited features but very reliable **Rating:** 3.5/5.0 stars **Reviewed by:** Verified User in Law Practice | Mid-Market (51-1000 emp.) **Reviewed Date:** March 30, 2016 **What do you like best about Bloomberg Tax & Accounting Fixed Assets?** We like the ease of installation and maintenance of this program. We upgrade once per year, which always goes smoothly. This is a "no frills" application, which is much appreciated. **What do you dislike about Bloomberg Tax & Accounting Fixed Assets?** There can be issues with reports from year to year. Typically this is due to a change in the program, but their documentation is somewhat lacking, so we end up needing to contact their support department. **What problems is Bloomberg Tax & Accounting Fixed Assets solving and how is that benefiting you?** Tracking fixed assets is a must, and our current management systems did not do this efficiently. BNA Fixed Assets solved this for us. ### 19. Quirks **Rating:** 2.0/5.0 stars **Reviewed by:** Tim G. | Senior Tax Accountant, Accounting, Enterprise (> 1000 emp.) **Reviewed Date:** June 24, 2015 **What do you like best about Bloomberg Tax & Accounting Fixed Assets?** BNA has a good web interface that makes it easy to use company wide **What do you dislike about Bloomberg Tax & Accounting Fixed Assets?** The software has quirks. They don't make it unusable, but if you don't track them down they can mess things up. **Recommendations to others considering Bloomberg Tax & Accounting Fixed Assets:** I figured I'd review this software while I was looking at Sage Fixed Assets. I moved companies, and my new firm used this product instead of Sage. It does get the job done, and the web interface is great for what we're doing, since the fixed assets are tracked over multiple departments. However, at least for us in tax, it has some odd quirks. The biggest issue we have is that the reports we print out don't always show the information like we'd expect. For example, I recently printed off a 4797, and the totals didn't add up. We quickly figured out the problem, so it wasn't a huge issue, but it was just...odd. Also, since this is a web program, adjusting fixed assets can be a bit more cumbersome than if you'd use a dedicated piece of software. There's a few more steps to make changes that are quick drop down items on Sage Fixed Assets. It's not necessarily a negative, since it makes up for the issue in other regards, but it does come down to personal taste, and importance of having software that you can access over the web. **What problems is Bloomberg Tax & Accounting Fixed Assets solving and how is that benefiting you?** Tracking company fixed assets. ## Bloomberg Tax & Accounting Fixed Assets Discussions - [What is Bloomberg Tax & Accounting Fixed Assets used for?](https://www.g2.com/discussions/what-is-bloomberg-tax-accounting-fixed-assets-used-for) - [View Bloomberg Tax & Accounting Fixed Assets pricing details and edition comparison](https://www.g2.com/products/bloomberg-tax-accounting-fixed-assets/reviews?section=pricing&secure%5Bexpires_at%5D=2026-07-23+02%3A29%3A53+-0500&secure%5Bsession_id%5D=4254b91f-bd65-4337-9742-5ab43ac45e24&secure%5Btoken%5D=d25a047a439272c6d1dbe24db71b097ebe6ea4d0a0be8d08bd07fa316b2d1a86&format=llm_user) ## Bloomberg Tax & Accounting Fixed Assets Features **Tax Planning** - Strategies - Exemptions - Credits - Estimations **Tax Filing** - Calculations - Rules & Regulations - Reporting **Workflows** - Integrations - Importing ## Top Bloomberg Tax & Accounting Fixed Assets Alternatives - [CCH ProSystem fx Tax](https://www.g2.com/products/cch-prosystem-fx-tax/reviews) - 4.1/5.0 (130 reviews) - [Avalara](https://www.g2.com/products/avalara/reviews) - 4.0/5.0 (812 reviews) - [Vertex](https://www.g2.com/products/vertex-inc-vertex/reviews) - 4.4/5.0 (458 reviews)