Switching from Asset Keeper
Built for the way modern firms run fixed assets.
DepreciationPro™ brings AI-assisted imports, GL-grouped reporting, multi-asset bulk edits, integrated cost segregation, and the Form 4562 review into one product. Every team member signs in from any browser, in any office, on the same data.
Asset Keeper’s math is fine. That’s not the problem.
DepreciationPro’s math engine is rigorous and complete: every method, every state with its decoupling rules, OBBBA-era bonus, and AMT alongside federal and state, with tax-law updates shipped as they happen. Even so, it’s not why firms switch.
What sets DepreciationPro apart is everything else: AI-cleaned client imports, schedules grouped by GL so the tie-out matches the books, multi-select editing across hundreds of assets, the Form 4562 detail review where reviewers actually look, and cost segregation inside the same product.
And the product belongs to the firm. Every team member signs in from any browser, in any office, on the same shared register.
Fewer clicks. Cleaner workflow.
What the work looks like between opening a new client and signing off the schedule.
In Asset Keeper
Hangups in the inputs.
Every new client starts with hand-fixing the spreadsheet. Typo'd dates. Unlabeled methods. Asset Keeper won't depreciate until it's clean.
In DepreciationPro
The AI fixes typo’d dates and infers missing methods on import, so you review the results instead of retyping the file.
In Asset Keeper
A lot of ticking and tying.
Federal, state, and AMT live in separate reports. Miss one input. Reprint the binder.
In DepreciationPro
Every state form decouples from federal automatically, covering NC addbacks, Indiana’s full decoupling, and every variant across the other 48.
In Asset Keeper
One asset at a time.
Forty assets need a 179 election? Forty clicks. No multi-select. No spreadsheet edit.
In DepreciationPro
Multi-select assets in the schedule, open them in a spreadsheet view, and apply a 179 election to the whole batch at once.
In Asset Keeper
Buried in a separate report.
Form 4562 detail prints as its own report. Not in the binder. Hard to find at tie-out.
In DepreciationPro
Form 4562 and its supporting worksheet ship in one tab, right where reviewers look during tie-out.
The one tax managers ask about first
Group by GL/balance-sheet account.
Asset Keeper sorts the schedule by property class. Client balance sheets sort by account, so the schedule has to follow if it’s going to tie out. With grouping by GL account, the question becomes “does this row total match the GL?” rather than hunting through six hundred five-year assets to find which ones belong to which account.
In DepreciationPro
Reporting supports grouping by GL or balance-sheet account. Saved views persist at the firm level so junior preparers don’t have to rediscover the setting on every return. Exports preserve grouping so CCH Engagement binders match the books line for line.
“This is really good detail that our current software does not provide in an efficient manner. I love seeing it in a report so I know what goes into it.”
Tax Manager, Seven-Office Regional CPA Firm
On the Form 4562 detail and supporting worksheet view.
Side by side
| Asset Keeper | DepreciationPro | |
|---|---|---|
| Deployment | On-premise install. Remote-server access for distributed teams. | Cloud-native. Any browser, any machine. |
| Annual cost | $549-$649/yr (single license) | Solo $399/yr. Firm $999/yr base + $333/seat. |
| Multi-user | Per-machine install or shared remote desktop | Multi-seat firm tier with role-based access |
| Updates | Manual patch coordination | Automatic. Tax-rule changes pushed by us. |
| Competitor data import | Yes (BNA, FAS, ProSystems FX, Creative Solutions) | Yes. AI column mapping. 75+ method format library, 160+ variations. |
| Cost segregation | Not included | Built in. $499-$1,299 per study. |
| REST API | File export only | OpenAPI 3.1, per-firm bearer auth |
Your migration path
Plan on one client and about an hour for the first run.
Export the asset list from Asset Keeper
CSV or Excel out. Cost, placed-in-service date, method, life, disposal info, all carry through.
Bring the prior-year numbers with you. Include columns for beginning accumulated depreciation, prior bonus, and prior 179. Without them, day-1 calculations start from zero and you’ll spend the tie-out chasing a phantom delta.
Drop the file into DepreciationPro
The AI maps your columns to DepreciationPro’s fields. Asset Keeper method codes normalize against our library of 75+ formats and 160+ source variations. You preview every change before committing.
Tie out to your prior year
Run the schedule across federal, state, AMT, and GAAP, then match it against your Asset Keeper prior-year report. Calculation transparency explains any delta line by line.
Drop the remote-server runaround
Once tie-out clears, the firm stops sharing a single remote desktop. Every team member signs in from any browser, in any office, on the same data. The patch windows and IT-provisioned desktops go away with per-seat firm pricing.
Multi-office firm with shared client data? Schedule a discovery call and we’ll walk through the firm setup.
Common questions
How does the import handle messy CSVs from clients?
The AI maps columns to fields, infers methods and conventions from context, fixes obvious typos in dates, and flags rows it isn’t confident on for human review. When it detects a pattern repeating across many rows, it offers a one-click bulk correction. A raw client export becomes a clean, ready-to-tie-out asset register in minutes.
What about prior-year accumulated depreciation?
Include it as columns in your CSV: beginning accumulated, prior bonus, prior 179. DepreciationPro starts from the basis you give it. We don’t recompute history. We continue it.
We have a cost segregation department. Does that matter?
Yes. CostSegPro™ is built into the same platform and lets your cost seg team run engineering-based studies in house, with reclassified assets flowing directly into the depreciation schedule.
How long does the tie-out take on the first client?
It takes under an hour for the first client when the prior-year report is clean and accumulated depreciation is included. Calculation transparency explains any delta line by line, so reviewers can answer “why is this number different” instead of guessing.
See what changes in your everyday work.
Try DepreciationPro with sample data, or schedule a discovery call to walk through your firm’s real workflow.