Product

About the Fixed Assets CS

Fixed Assets CS by Thomson Reuters is a robust fixed asset management and depreciation software designed for accounting professionals and businesses to efficiently track, manage, and report on fixed assets. It supports unlimited depreciation methods—including Straight-Line, MACRS, ACRS, Units of Production, Sum-of-the-Years' Digits—and automates federal and state depreciation calculations. The software offers extensive asset lifecycle management features such as acquisitions, transfers, disposals, and splits. Users can create custom reports, automate tax compliance workflows, manage asset inventory, and integrate with other CS Professional Suite products like UltraTax. Fixed Assets CS simplifies monthly, quarterly, or annual depreciation calculations and helps meet regulatory requirements with detailed audit-ready reporting.