logo
icon-search

Get help - it's free

Bloomberg Tax & Accounting Fixed Assets software empowers businesses to effectively manage their fixed assets, optimize depreciation calculations, ensure compliance, and make better informed financial decisions. Experience the unique and transformative capabilities of Bloomberg Fixed Assets software and take control of your fixed asset management and more like never before.

Bloomberg Tax Fixed Assets Specifications

Financial Reporting

Invoice Management

Expense Tracking

Tax Management

View All Specifications

What Is Bloomberg Tax Fixed Assets?

Overview

Bloomberg Tax & Accounting Fixed Assets software is a cloud-based solution that enables businesses to efficiently manage the lifecycle of their fixed assets. Automated processes, compliance enforcement, streamlined management and comprehensive reporting provide the tools needed for informed decision-making and ensuring compliance with tax and GAAP regulations.

Bloomberg Tax Fixed Assets Pricing

Fixed Assets’ price will vary depending on the number of users and the needs of an organization. A free trial is also available. To get more details about the Fixed Assets pricing plans, you will need to contact its representatives.

Bloomberg Tax Fixed Assets Integrations

Some of the integrations with third-party applications include:

  • SAP (S4/HANA)
  • Oracle netsuite cloud
  • Microsoft dynamics
  • Workday
  • Peoplesoft
  • Costpoint
  • Infor M3
  • JD edwards
  • Microsoft Excel

Who Is Bloomberg Tax Fixed Assets For?

Fixed Assets software is utilized by businesses across various industries, including:

  • Real-estate
  • Computer software
  • Accounting
  • Hospital & healthcare
  • Financial services
  • Investment management
Watch Bloomberg Tax Fixed Assets demo to learn more about its functionalities.

Is Bloomberg Tax Fixed Assets Right For You?

Bloomberg Tax & Accounting Fixed Assets offers complete control over every aspect of fixed assets and the solution is designed to grow with organizations, accommodating evolving financial needs. By choosing fixed assets software, you can rely on a reliable and comprehensive solution that empowers your business with the tools and flexibility needed for effective fixed asset management.

Still not sure about Bloomberg Tax Fixed Assets? For further information, contact our experts on (661) 384-7070 to help you make the best decision.

Bloomberg Tax Fixed Assets Features

The software provides end-to-end asset lifecycle management, from construction or purchase to retirement. It allows users to track and manage assets throughout their lifespan, including acquisition, depreciation, maintenance, and disposal.

how it worksSee How It Works

This feature helps ensure transparency and accountability by recording and tracking changes made to asset data, providing a reliable history for audits and compliance purposes.

how it worksSee How It Works

Document management helps store and organize asset-related documents in a centralized system. It helps ensure easy access to supporting documentation, such as purchase invoices, maintenance records, and disposal certificates.

how it worksSee How It Works

Inventory tracking helps users track quantities, locations, and movement of assets, facilitating efficient inventory management and reducing the risk of loss or misplacement.

how it worksSee How It Works

The software automates tax management processes, including tax depreciation calculations and compliance with tax regulations, ensuring accurate and up-to-date tax calculations, simplifying tax reporting, and reducing the risk of errors or non-compliance.

how it worksSee How It Works

Pros and Cons of Bloomberg Tax Fixed Assets

Pros

  • Easy to use
  • Good service
  • Easy to navigate
  • Good user interface

Cons

  • Weak reporting
  • Slightly expensive

Bloomberg Tax Fixed Assets Reviews

Overall Rating

4.1

49 Review(s)

Rating Distribution

5

star

(16)

4

star

(24)

3

star

(7)

2

star

(2)

1

star

September 2023

Fixed Assets Made Easier

Robert

Wholesale

Ease of use

8

Value for money

8

Customer Support

8

Functionality

8

Pros

Using the importing feature and relying on the tax update functionality improved my department.

Cons

Cost is sometimes a constraint for my senior management when adding it to our existing ERP platform.

September 2023

Love this for Tax Depreciation

jennifer

Wholesale

Ease of use

10

Value for money

10

Customer Support

7

Functionality

10

Pros

The dataview feature allows me to make changes and rerun numbers without creating a whole new report updates happen in real time!

Cons

Sometimes, I find it hard to change certain asset fields.

September 2023

Good Software But Pricey

Steven

Chemicals

Ease of use

8

Value for money

5

Customer Support

8

Functionality

10

Pros

I enjoy the good interface and strong functionality. The reporting tools make it easy to export to Excel, but connectivity to other tools like PowerBI is lacking. Managing multiple companies in one web application is great, as is managing multiple capital projects and converting completed ones into assets. Asset disposal is also easy, and I appreciate the flexibility in tailoring asset depreciation to correct any mistakes in asset history.

Cons

My biggest issue with Bloomberg is the pricing based on the number of assets. In an era when storage is dirt cheap, there's no excuse for arbitrary pricing levels based on asset count. If I have existing assets, I either lose history or pay through the nose to store fully depreciated assets just to transfer their records. Another major limitation is that while Excel reporting is terrific, reporting to other tools like BI is non-existent. Bloomberg really needs to add support for connections to other reporting tools.

View All 49 Reviews

Frequently Asked Questions

Bloomberg Tax Fixed Asset offers a subscription model with a free trial available. To fully understand the Fixed Assets cost, contact its representatives.