factsheet

Accountants Enterprise Assets (AE Assets)

Accountants Enterprise Assets is a fast, easy and accurate way of creating and maintaining client
asset records. It is modern, Windows® software that caters for all current compliance issues relating
to asset management.

Key benefits
• Provides the tools to manage client assets productively
• Easy to use graphical interface – Windows XP style
• Supports LVP, STS and UCA calculations
• Maintains separate details for accounting and tax purposes
• Includes comprehensive asset reporting
• Integrated to both Accountants Enterprise MAS and Accountants Enterprise Accounts

Easy to use — with efficient workflows

AE Assets has an intuitive graphical interface that makes it easy to manage your clients’ asset
registers. All functions and assets are presented on the main screen, and simple forms and wizards
guide you through common tasks such as adding an asset register, adding new assets, selling an
asset and year-end processes. With AE Assets, the day to day work of managing assets is fast and
straightforward.

Caters for compliance requirements

The software has been designed to assist with your taxation reporting requirements as well as your
normal accounting needs. AE Assets deals with current compliance requirements, including the
ability to record assets into LVP or STS asset pools. It also handles the concepts under UCA (such
as effective life depreciation) very productively.

AE Assets is modern, easy to use software

Accountants Enterprise Assets - Page 

1800 331 395 • accountants@myob.com.au • www.myob.com.au MK2229/0804

 factsheet

Reporting
AE Assets includes many standard reports to manage your asset register and provide tax and
accounting information. The software produces both periodic and annual asset reporting, and the
output can be filtered and sorted to suit your needs. Key reports provided include:
• Detailed and summary taxation depreciation reports
• Detailed and summary accounting depreciation reports
• Capital Allowance Summary report - provides information for all AE Tax Capital
Allowance Schedules
• Additions and Disposals report
• Asset Pool listing reports – LVP and STS
• General Ledger Posting report
• General Ledger Reconciliation report

Integrated to AE MAS and Accounts

AE Assets is fully integrated with our widely used client accounting software: AE MAS and AE
Accounts. This makes managing assets more productive, as the system automatically posts
depreciation and asset disposals to the general ledger accounts. It means you don’t have to manually
enter journals — which both saves time and reduces keying errors.
AE Assets also provides reports to manage this, including a GL Posting report that lists journal
entries posted to the general ledger and a General Ledger Reconciliation report that reconciles
the asset register to the general ledger.

More features
• The Sub-asset facility allows assets to be broken down into various components. The assets
can be reported as a whole asset or by various components.
• Many fields are available to store additional information about an asset, such as serial number,
units and private use. You can also attach notes and details regarding incidental costs.
• Allows for additional depreciable expenses (2nd element of cost).
• Allows for asset revaluations and re-evaluation of effective life.
• Asset associations can be set up to further classify assets, for example by location or supplier.

Creating assets is fast and simple

Microsoft and Windows are either registered trademarks or trademarks of Microsoft Corporation in the United States and/or other countries.

Accountants Enterprise Assets - Page 

1800 331 395 • accountants@myob.com.au • www.myob.com.au MK2229/0804