Bassets eDepreciation
Bassets eDepreciation is a specialized fixed asset management software designed to simplify complex depreciation calculations and ensure tax compliance for businesses of all sizes through automated reporting.
GoCodes
GoCodes is an all-in-one asset management software providing QR code tracking, cloud-based inventory databases, and mobile scanning apps to help businesses track equipment and reduce loss.
Quick Comparison
| Feature | Bassets eDepreciation | GoCodes |
|---|---|---|
| Website | bassets.net | gocodes.com |
| Pricing Model | Custom | Subscription |
| Starting Price | Custom Pricing | $42/month |
| FREE Trial | ✓ 30 days free trial | ✓ 15 days free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2001 | 2011 |
| Headquarters | Englewood, USA | Minneapolis, USA |
Overview
Bassets eDepreciation
Bassets eDepreciation provides you with a dedicated platform to manage the entire lifecycle of your fixed assets. Instead of struggling with complex spreadsheets, you can automate depreciation calculations using over 20 standard methods, including MACRS, GAAP, and AMT. The software ensures your financial records remain accurate and compliant with current tax laws by providing pre-configured tables and automated updates.
You can easily track asset acquisitions, transfers, and disposals while generating detailed reports for internal audits or tax filings. The platform is designed to handle high volumes of data, making it suitable for both growing businesses and large enterprises with thousands of assets. By centralizing your asset data, you eliminate manual entry errors and save significant time during year-end closing processes.
GoCodes
GoCodes provides a straightforward way to track your physical assets and inventory using patented QR code technology. You can manage everything from construction equipment and IT hardware to office furniture through a central cloud-based database. By simply scanning a secure QR code tag with your smartphone, you can instantly update an asset's status, location, or maintenance history without needing expensive proprietary scanners.
The platform solves the common headache of lost equipment and ghost assets by giving your entire team real-time visibility. You can assign tools to specific employees, set up automated maintenance reminders, and generate depreciation reports for accounting purposes. It is designed to be easy enough for field workers to use while providing the detailed data reporting that managers and accountants require to stay organized.
Overview
Bassets eDepreciation Features
- Automated Depreciation Calculate depreciation automatically across multiple books including Federal Tax, AMT, and State using built-in IRS tables.
- Mass Asset Imports Upload thousands of asset records instantly from Excel or CSV files to get your system running in minutes.
- Standardized Reporting Generate professional reports for Form 4562, personal property tax, and general ledger entries with a few clicks.
- Asset Tracking Monitor the physical location and status of your equipment to prevent loss and improve organizational accountability.
- Compliance Updates Stay current with changing tax laws through regular software updates that include the latest depreciation limits and rules.
- Data Validation Catch entry errors before they affect your books with built-in logic that flags inconsistent asset life or methods.
GoCodes Features
- Patented QR Code Tags. Identify your assets with durable, custom-printed QR code labels that link directly to your digital database records.
- Smartphone Scanning. Turn any mobile device into a powerful scanner using the native app to check items in and out.
- GPS Location Tracking. View the last known location of your equipment on a map every time a team member scans a tag.
- Maintenance Scheduling. Set up recurring service alerts and track repair history to ensure your machinery stays in peak operating condition.
- Asset Depreciation. Calculate book value automatically using standard accounting methods like straight-line or double-declining balance for tax compliance.
- Custom Data Fields. Tailor your asset profiles by adding unique text, date, or dropdown fields that match your specific business needs.
Pricing Comparison
Bassets eDepreciation Pricing
GoCodes Pricing
- Up to 200 assets
- Includes 200 QR code tags
- Smartphone scanning app
- GPS location tracking
- Basic reporting tools
- Email support
- Everything in Standard, plus:
- Up to 500 assets
- Includes 500 QR code tags
- Maintenance scheduling
- Custom data fields
- Asset depreciation reports
Pros & Cons
Bassets eDepreciation
Pros
- Handles high volumes of assets without performance lag
- Calculates complex tax depreciation methods with high accuracy
- Excellent customer support with deep accounting knowledge
- Simple data migration from legacy spreadsheet systems
Cons
- Interface feels dated compared to modern web apps
- Initial setup requires a solid understanding of depreciation
- Reporting customization can be difficult for new users
GoCodes
Pros
- Extremely easy to set up without specialized IT knowledge
- Eliminates the need for expensive dedicated hardware scanners
- Rugged tags withstand harsh outdoor and industrial environments
- Mobile app works reliably for field-based employees
- Excellent customer service during the initial onboarding process
Cons
- Pricing is only available as annual billing
- Limited offline functionality in areas with poor signal
- Reporting interface can feel dated compared to modern apps