Fixed Asset Management Software
Using the FOUNDATION® Fixed Assets Tracking Module, contractors manage and account for their company’s long-term assets—from buildings and land to machinery and equipment — all within one comprehensive system. Say goodbye to manual tracking, missed depreciation schedules and costly accounting errors.
Fixed Asset Accounting Features
Fixed Asset Software
Manage and organize all of your long-term fixed assets by recording valuations, manufacturer details, tax information and item status.
- Track purchase, salvage, market and insurance values for your assets.
- Maintain manufacturing and distributor information, along with conditions.
- Calculate personal property tax valuations for equipment, machinery and more.
Fixed Asset Depreciation Software
Generate and record the depreciation of company fixed assets using flexible, customizable GAAP and tax-recognized depreciation methods you can tailor with your CPA.
- Set up an unlimited number of fixed-amount, formula or percent methods.
- Formulate deprecation from your chosen base value, using useful life or an annual percent.
- Use an annual percent of depreciation, or use a personal property tax rate.
Asset and Depreciation Reporting
Report market and insurance valuations, depreciation for tax purposes, and fixed asset depreciation posted directly to your construction company’s general ledger.
- Summarize fixed asset costs and values by category, purchase date and status.
- Detail depreciation histories by book type, asset, category and more.
- View depreciation schedules, including prior and current amounts, along with book values.
Other Modules to Streamline Operations
Boost your team's efficiency and eliminate common construction challenges with America’s #1 construction accounting software. Our modules are designed to simplify key tasks like accounting, inventory management and scheduling — so you can focus on growing your business.
Construction Equipment Management Software
Track and manage heavy construction equipment and attachments, from both a project and accounting perspective, to accurately capture each item’s impact on each job.
General Ledger
Keep payables, receivables, payroll and more tied in with a solid general ledger to capture and report transactions in a robust database for strong historical reporting.
CPA Audit/Review
Give your outside CPA inside access to the most critical financial reports with their very own dashboard, designed just for construction accounting professionals.
It provides both timely and accurate information that will enhance [the] ability to manage the financial side of a contractor’s business.
Gary Fortier – CPA
L&G Technology Solutions, Inc.
Foundation Software Case Studies
Explore in-depth case studies to see how FOUNDATION helps construction businesses solve real-world challenges, improve efficiency and drive profitability.
People Also Ask
See How FOUNDATION Can Transform Your Asset Management
Take control of your company’s long-term assets with ease. Schedule a personalized demo today to discover how the FOUNDATION Fixed Assets Module helps you streamline asset tracking, ensure compliance and maximize financial efficiency.