Bloomberg Tax & Accounting Fixed Assets Reviews & Product Details

The fixed asset program was easy to use. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

I like that this software keeps track of all fixed assets and makes it easier to apply depreciation rules. Review collected by and hosted on G2.com.

The software is very slow to load and freezes at times, I have had issues with AMT depreciation as well. Review collected by and hosted on G2.com.

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 Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

The user interface is very easy to navigate Review collected by and hosted on G2.com.

It is difficult to deal with partial asset dispositions. Review collected by and hosted on G2.com.

The product is best liked for the following characteristics: Ease of use, stability, Accuracy of the calculation and timely and strong product support Review collected by and hosted on G2.com.

I would list 2 shortcomings within the product:

1- Tracking and mapping of open issues

2- Flexibility of custom requests Review collected by and hosted on G2.com.

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 Review collected by and hosted on G2.com.

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"

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All fixed asset records in one database with multiple depreciation lives/methods and reporting Review collected by and hosted on G2.com.

redundant input required, not enough on screen explanations of methods/lives Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

So far I have zero complaints about this product. Review collected by and hosted on G2.com.