About CMI Fixed Assets
CMI Fixed Assets is a fixed assets management software from CMI Software that provides a solution for managing and tracking fixed assets throughout their lifecycle. It includes features such as asset tracking, depreciation calculations, and reporting tools so organizations can maintain accurate financial records. This software supports compliance with accounting standards and helps in decision-making regarding asset management. CMI Fixed Assets is designed for usability, making it accessible for finance teams without extensive training. Key capabilities: asset tracking depreciation management financial reporting compliance support user-friendly interface Best for: CPA and accounting firms that need to manage and report on fixed assets efficiently.
CMI Fixed Assets by Pro Systems, Inc. is a robust, well-established fixed-asset management system designed for organizations that require detailed depreciation tracking, tax form generation, and multi-book accounting. Built for Windows, it offers both single-user and multi-user network installations, making it suitable for small accounting firms up to larger businesses managing thousands of assets. Its strength lies in its maturity: decades of refinements have produced a stable system capable of handling complex depreciation schedules, supporting up to hundreds of thousands of assets, and accommodating tax reporting needs with built-in IRS forms. The software allows users to sort assets by location, category, and custom fields, while offering conversion tools to migrate from legacy systems. Although the interface feels dated and lacks modern features like mobile asset tagging or cloud access, its deep bookkeeping integration and powerful reporting capabilities make it a reliable choice for traditional fixed-asset accounting professionals.
Pros & Cons
- +Mature and proven fixed asset system with decades of development history
- +Supports multi‑company and high-volume asset management (up to thousands of assets)
- +Flexible depreciation scheduling across many “books” for tax, book, state, AMT, etc.
- +Strong reporting capabilities, including custom report generator and detailed reports
- +Affordable licensing cost compared to some enterprise fixed‑asset solutions
- −Only 32-bit Windows version, limiting compatibility with modern 64-bit systems
- −No built-in barcode, RFID, or physical inventory tracking for assets
- −User interface is dated compared to modern cloud‑based fixed asset tools
- −Limited integration options — primarily file import/export, few native API integrations
- −Support calls may be billed if maintenance contract is not active
Features
Key features
- Depreciation Schedules
- Calculates depreciation across multiple books including tax, book, and state requirements.
- Tax Form Support
- Generates major forms such as 3468, 4562, 4255, 4747, and personal property tax worksheets.
- Multi-Company Support
- Handles unlimited separate companies, each with up to 17,000 assets.
- Asset Categorization
- Organizes assets by up to 999 categories and 999 locations.
Additional features
- Conversion Tools
- Imports data from other fixed asset systems like PC-FAS, FAS1000/2000, and AICPA formats.
- Reporting
- Provides asset detail, journal entries, projections, historical depreciation, and disposition reports.
- Custom Reports
- Allows users to design tailored reports via a report generator.
- User-Defined Fields
- Tracks additional metadata for assets.
- Data Export
- Exports asset data and reports to spreadsheets or other databases.
Pricing
Countries & Languages
Available in
Interface languages
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About CMI Fixed Assets
CMI Fixed Assets is a fixed assets management software from CMI Software that provides a solution for managing and tracking fixed assets throughout their lifecycle. It includes features such as asset tracking, depreciation calculations, and reporting tools so organizations can maintain accurate financial records. This software supports compliance with accounting standards and helps in decision-making regarding asset management. CMI Fixed Assets is designed for usability, making it accessible for finance teams without extensive training. Key capabilities: asset tracking depreciation management financial reporting compliance support user-friendly interface Best for: CPA and accounting firms that need to manage and report on fixed assets efficiently.
CMI Fixed Assets Details
CMI Fixed Assets's In-App Market Place
Does CMI Fixed Assets have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
0
Mini Apps
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), AUD (A$), CAD (C$), JPY (¥), CNY (¥), INR (₹), RUB (₽), BRL (R$), MXN (Mex$), SGD (S$), HKD (HK$), ZAR (R), CHF (CHF), SEK (kr), NZD (NZ$), TRY (TRY), KRW (₩), NOK (kr), DKK (kr), AED (AED), SAR (﷼), IDR (Rp), MYR (RM), THB (฿), PHP (₱), PLN (zł)
Pros & Cons
- Mature and proven fixed asset system with decades of development history
- Supports multi‑company and high-volume asset management (up to thousands of assets)
- Flexible depreciation scheduling across many “books” for tax, book, state, AMT, etc.
- Strong reporting capabilities, including custom report generator and detailed reports
- Affordable licensing cost compared to some enterprise fixed‑asset solutions
- Only 32-bit Windows version, limiting compatibility with modern 64-bit systems
- No built-in barcode, RFID, or physical inventory tracking for assets
- User interface is dated compared to modern cloud‑based fixed asset tools
- Limited integration options — primarily file import/export, few native API integrations
- Support calls may be billed if maintenance contract is not active
CMI Fixed Assets's Support Options
Contact
800-849-0001CMI Fixed Assets's Alternatives
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