Fixed Assets CS

• Installation: The software can be installed on standard or terminal servers, and also supports network installations. This flexibility allows it to be set up in various IT environments.

• Customization: After installation, Fixed Assets CS can be customized to meet specific business needs. This includes setting user preferences, client-specific options, and global system settings such as security and data locations. Users can also create custom reports and templates.

• Data Entry and Setup: Users can enter client data, assets, and asset information. The software automatically calculates depreciation based on the asset's method, life, and service date.

• The duration of the implementation process can vary depending on the complexity of the business's requirements and the amount of data to be migrated or entered. However, initial setup and customization can typically be completed within a few days to a few weeks.

• User Preferences and Client-Specific Options: These allow for tailored asset data entry and calculation settings.

• Global System Options: Includes settings for security, data locations, backups, status events, and more.

• Custom Reports: Users can design and generate reports based on specific needs, enhancing the flexibility of data management and reporting.

1. Pricing for Fixed Assets CS starts at around $1,500 for the first year, with renewals costing $300.

2. Fixed Assets CS pricing starts at approximately $1,500, making it a viable option for both accounting firms and larger businesses looking to manage their fixed assets in-house.

3. Fixed Assets CS pricing starts at around $1,500.00. 2018 Overall Rating – 5 Stars.

4. Fixed Assets CS pricing starts at around $1,500.00.

5. Fixed Assets CS Pricing. Contact Thomson Reuters for pricing details.

6. Fixed Assets CS. $1,785.

Fixed Assets CS offers a comprehensive range of training and support options to assist new users in becoming proficient with the software. The primary documentation for using Fixed Assets CS is accessible from the Help menu within the software, covering feature overviews, steps for completing tasks, frequently asked questions, and more. Additionally, Fixed Assets CS provides support through chat, email, or phone, ensuring users can receive answers to their questions via their preferred method of communication. For those seeking more structured learning, Thomson Reuters offers a variety of training and consulting options, allowing users to choose the appropriate training and assistance for their firm. This commitment to supporting firms with excellent staff and services demonstrates Thomson Reuters' dedication to ensuring users can effectively utilize Fixed Assets CS.

Fixed Assets CS, along with other CS Professional Suite applications, includes security measures that meet IRS requirements to help safeguard taxpayer and tax preparer information. These security measures include a unique username and strong password for each user, as well as a timeout period that requires users to log back into the application after 30 minutes of inactivity. This approach ensures that sensitive financial data is protected against unauthorized access, maintaining the integrity and confidentiality of the information managed within Fixed Assets CS.

Fixed Assets CS regularly receives updates to enhance functionality and security. The software supports downloading and installing updates, ensuring that users have access to the latest features and security enhancements. While specific details on the frequency of updates were not provided, the process for managing updates involves automatic downloads and installations, simplifying the update process for users and minimizing disruptions to their workflow.

Fixed Assets CS by Thomson Reuters is designed to provide users with comprehensive control over their fixed asset data. The software offers robust data export capabilities, allowing users to easily extract their asset information in various formats, including Excel, ASCII, and DIF. This functionality ensures that users can seamlessly transfer their data for backup purposes, comply with legal requirements, or transition to a different software solution if needed.

Thomson Reuters recognizes the importance of data ownership and portability for its customers. Fixed Assets CS is built with these principles in mind, empowering users to maintain full control over their asset data throughout their relationship with the software. By providing flexible data export options, Thomson Reuters enables Fixed Assets CS users to confidently manage their fixed assets, secure in the knowledge that their data can be accessed and transferred as required.

Users concerned about data ownership and portability within Fixed Assets CS are encouraged to consult directly with Thomson Reuters for detailed information on their policies and the specific functionalities available to support these aspects. The company's commitment to customer satisfaction and data security is evident in the design of Fixed Assets CS, which prioritizes user control and data portability as key features of the software.

Fixed Assets CS is designed to accommodate a wide range of client sizes, supporting up to 20,000 clients with as many as 32,000 assets each. The software allows for the creation of groups, divisions, locations, property types, custom methods, and activities, which can be accessed by all staff users simultaneously. This scalability ensures that as organizational needs change, whether increasing or decreasing in scale, Fixed Assets CS can adjust accordingly without the risk of data overwrite.

Contract Renewal

• Annual Renewal: Fixed Assets CS requires annual renewal to maintain access to the latest version releases, updates, and technical support. Clients are encouraged to renew their programs in advance of their annual renewal date to avoid potential disruptions in service.

• Online Renewal Process: Renewals can typically be completed online through the Thomson Reuters website. This process involves logging into the Thomson Reuters ID, navigating to the Manage My Products page, selecting the application for renewal, and completing the online renewal steps.

• Payment Plans: Clients have the option to set up a payment plan for their renewal. This must be arranged before processing the renewal, and all payments must be a minimum of $5006.

Contract Cancellation

• Cancellation Policy: Generally, software agreements may allow cancellation with notice, subject to terms that might require payment until the end of the contract period or include early termination fees.

• License Agreement: If the firm initially licensed the application before June 7, 2017, the terms of the CS Professional Suite License Agreement would apply.

General Terms

• Acceptance of Terms: By accepting the Order Form and/or Statement of Work, clients acknowledge that they have read and accepted the relevant terms and conditions incorporated into their Order Form and/or Statement of Work.

• Updates to Terms: Thomson Reuters may update the Master Terms and/or Schedules from time to time. New versions of these documents will be posted, and they will only apply if incorporated in a subsequent Order Form

Fixed Assets CS includes security measures that meet IRS requirements to help safeguard taxpayer and tax preparer information. These requirements include a unique username and strong password for each user, as well as a timeout period that will require users to log back in to the application after 30 minutes of inactivity. Additionally, Fixed Assets CS is designed to comply with tax and accounting regulations, staying updated with the latest tax laws.