Track and Report
Fixed Asset Depreciation
CenterPoint Depreciation software provides small to medium sized municipalities all of the tools they need accurately track and report depreciation on all of their fixed assets. The software is flexible enough to accommodate most any situation.
Like Diversified Billing and CenterPoint Fund Accounting, Payroll, Purchase Orders and Permits, CenterPoint Depreciation, it is available as a Cloud-based subscription service or as a traditionally licensed software system for your LAN.
“The CenterPoint Depreciation module is so flexible."
"It allows multiple schedules ... Federal, State and book schedules. "
"Trades are a snap with two different methods, roll-in basis and continue to depreciate."
"The 5 year future depreciation report also aides our tax planning."
See How CenterPoint Depreciation Can Streamline Your Operation
Complete Fixed Asset Depreciation System
See How Fixed Assets Impact Financial Statements
Easily Manage Multiple Quantity Fixed Assets
Includes All Applicable IRS Tax Form Worksheets
Show Accurate Asset Values on Financial Statements
Maintain a record of every fixed asset in your organization along with depreciation schedules.
Monitor valuation changes for every fixed asset in your organization.
Project depreciation over the next 5 years.
Track like-kind asset exchanges.
Calculate alternative minimum tax depreciation and compare to standard depreciation.