# Bloomberg Tax Fixed Assets Reviews 2026. Verified Reviews, Pros & Cons | Capterra > Is Bloomberg Tax Fixed Assets the right Fixed Asset Management solution for you? Explore 31 verified user reviews from people in industries like yours to make a confident choice. Source: https://www.capterra.com/p/80374/BNA-Fixed-Assets/reviews --- Bloomberg Tax Fixed Assets 4.2 (31) Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. [Learn more](https://www.capterra.com/our-story/) * * * Last updated March 13th, 2026 # Reviews of Bloomberg Tax Fixed Assets Ease of use 4.1 Customer Service 4.0 ## Pros and Cons in Reviews SL Steven L BSAChemicals, 201 - 500 employeesUsed the software for: 1-2 years. “The software is easy to use, fairly easy to import into and easy to fix asset depreciation histories when needed to keep aligned with that was booked, when what was booked was wrong.“ September 9, 2023 MM Meredith M VP TaxChemicals, 1,001 - 5,000 employeesUsed the software for: More than 2 years. “The help feature search tool isn't robust so you really need to know where to look in the user guide with questions.“ August 17, 2021 JD John D CFOConstruction, 51 - 200 employeesUsed the software for: More than 2 years. “This product is easy to use and manage your fixed assets including depreciation and tax rules.“ August 17, 2021 ## Showing most helpful reviews Showing 1-25 of 31 Reviews Sort by: Most Helpful Rating Company Size Reviewer's Role Length of Use Frequency of Use MS Mark S. Senior Accountant Apparel & Fashion Used the software for: 6-12 months ### "BNA - Fixed Assets Essential Edition" August 17, 2021 4.0 The migration from our desktop to cloud version was smooth and easy from our end. The functionality and reporting capability meets and in some cases exceeds the needs we have. Pros The ease of use is great. The site moves quickly and the excel add-on (dataview) is a great feature for building out custom reporting. Cons Setting up users and giving permissions to different areas is not intuitive. Reason for choosing Bloomberg Tax Fixed Assets BNA was a product we were already familiar with. The pricing was competitive and the customer support we were given during our decision stage (and since implementation too) made the decision for us. Being able to track CIP and build out custom excel reporting also was factored into the decision. Review Source RS Robert S. Director Tax Wholesale Used the software for: 2+ years ### "Fixed Assets Made Easier" September 7, 2023 4.0 Splitting assets, repairs , bonus depreciation Pros Utilizing the importing feature and relying on the tax update functionality led to a better department. Cons Cost is sometimes a constraint for senior management as a bolt on to our existing ERP platform. Review Source AG Amanda G. Senior Accountant Financial Services Used the software for: 6-12 months ### "Fixed Asset Software" December 4, 2018 2.0 Overall it was a very difficult software to use, and we switched once our accounting software released their solution . Pros It kept track of all of our fixed assets in one place. Cons It was a very difficult staff to use. In the year I had the software I never fully understood how to use it. I wasn't ever sure on how to add things in there or adjust depreciation schedules. Review Source BB Bob B. Solution Consultant Computer Software Used the software for: 1-2 years ### "Great for managing fixed assets" March 11, 2018 4.0 Pros Utilizes workflow technology and automation reducing indexing and entry throughout the life cycle of a single location. Cons Scanning software for invoices could be better utilized for maximum indexing and automation of incoming invoices. Review Source YM Yardley M. Sr. Manager Pharmaceuticals Used the software for: 2+ years ### "Novo Nordisk Inc BNA Fixed Assets Review" March 30, 2017 4.0 In general, this works about as well and is as user friendly as you can expect from something as complicated as a fixed asset tool. We are, in general, very happy with this product. The one major complaint is regarding reports that are exported to Excel. When producing a report for export to Excel and including a fixed asset description, it automatically puts the description on the next line. Additionally, the Excel cells are all merged and text wrapped. It take a significant amount of time to get the Excel report into a user friendly format that is suitable for Excel analysis each month. The new module for exporting data is not what we are looking for either. We would like the reports with the headers and all fields as shown in the reporting feature, we would just like the report to be Excel-ready. Otherwise, it is a good product. Pros Easy to train new, non-tax technical personnel on Cons The way that the reports export to Excel Review Source CS Chris S. Senior Revenue Accountant Hospital & Health Care Used the software for: 2+ years ### "Ease of Use" March 30, 2017 4.0 I have been using Bloomberg BNA Fixed Assets for four years. It has helped to streamline our fixed assets accounting process and has also helped tremendously with tax preparation. We recently switched to the BNA Fixed Assets Web version and this has continued to help streamline our operations. Pros Reporting functionality, versatility. Cons Need to continue to make strides on the BNA Fixed Assets Web. Would like to see better ad-hoc reporting capabilities. Review Source JD John D. CFO Construction Used the software for: 2+ years ### "Simple Asset Management Program" August 17, 2021 5.0 I've been using this product for over 9 years and it's been great for me and our company. Pros This product is easy to use and manage your fixed assets including depreciation and tax rules. Web-based software is great. Cons No negative feedback on this product. Does exactly what I need it to do. Review Source LH Lynne H. Consultant Real Estate Used the software for: 6-12 months ### "The best fixed asset program that I have found" May 15, 2018 4.0 Pros Flexible program making it fairly easy to create your own information reports. Handles AMT well. Current with tax laws. Cons Need to refresh sporadically to get correct reports and the learning curve was lengthy. I like to work on Sundays and the site is frequently down for maintenance on Sundays. Review Source MH MITCHELL H. Vice President Wealth and Trust Used the software for: 2+ years ### "Business data for risk evaluation" March 21, 2018 5.0 Access to key business data that is fairly current. Pros Easy to navigate, the terms are not written in to high a level for broad access in the organization. Cons Very robust with great depth and breadth of information - takes a little time to successfully navigate Review Source JS Jerry S. Senior Tax Analyst Pharmaceuticals Used the software for: 1-2 years ### "Reverse of the last transaction" March 30, 2017 4.0 Generally, I like using BNA Fixed Assets - it is easy to search for particular assets, there are many options to modify reports. The only big problem I have is that I cannot reverse transactions. For instance, if I import 100 assets and I made an error, I would like to be able to reverse the entire transaction. Each time when I import something I print the transaction report. Each report should have its number, and if I want to go back in the future and reverse the transaction, I should be able to search by the transaction number and reverse it, or at least be able to reverse the last transaction. Also, it would be great if you could improve reports saved in excel format. Very often cells in reports are combined, many additional rows and columns are added, and it is difficult to format and work with those reports. Best regards, Jerry Review Source GM Greg M. VP Shared Services Hospitality Used the software for: 1-2 years ### "Very Easy to use; good service, expensive pricing model; weak reporting" October 15, 2016 3.0 The software makes it very easy to upload and mass modify assets. If you buy it, you must get the dataview add-on that lets you integrate the reporting into excel. The base crystal reporting is hard to use and also only allows you to report on one book at a time. The database is very flexible, allowing multiple placed into service dates (one for each book) but the reporting becomes erroneous if you have to input assets placed into service in prior periods or modify the basis of an asset (say, due to an impairment). Instead you need to create new component assets for the modifications. This becomes a problem because BNA charges you based on the number of assets, and the price escalates very quickly. We have only 5 users but are forced to pay for a pricey 100 user license because we have 100,000 assets. In other words, BNA is bad for capital-intensive businesses who need detailed, accurate records. By using easy to understand asset types you can quickly populate all of your books (GAAP, Fed, AMT, etc) because lives and methods are programmed automatically by type. You get great efficiency and simply your tax reporting. If you have unusual assets you can also modify each book separately after you populate the asset type, so you retain flexibility when needed. For a smaller business, this software would be superb. The BNA team was very responsive during our implementation, and did the project management for us. All we had to do was export our old database into CSV or excel and give it to them. The job was very well done. Pros The asset type method makes training users very easy Cons The price model is unfair to companies with a large number of assets but few transactions. The reporting is basic and prone to error. An upgrade is required to get a good reporting capability. Review Source TH Tara H. Accountant Used the software for: 2+ years ### "BNA Fixed Assets Review" March 30, 2017 4.0 We have recently upgraded from the desktop version to the web version of BNA Fixed assets. There were many difficulties with the move, but received customer service to slowly complete the transaction. After we accomplished the transfer and customized the system to our specific use, one thing I would say that is extremely helpful is the ability to search within each field. There has been a lot to learn with the system compared to the old with specifics as report creating, defaults, and asset view. In the future I look to learn more about the software and the possible capabilities. We have found a few items that are desired enhancements as listed below: Order of fields in Add Asset windows to be customizable Add option to upload document within the Add Asset window when asset is created rather than editing the asset and then uploading the document Option to add an additional asset after one is complete Default within Add Asset windows: Override Additional First-Year Depreciation - Default next screen to choose No AFYD Setup- Fields Asset Field List larger box to view all data at once Similar: Edit within asset when selecting from PickList - larger selection area Have All Favorites (reports and batches) as a filter in the reports section Asset Viewer ability to go to next asset without exiting asset viewer Assets View add more headers be able to scroll over (left and right) Thank You. Pros Ability to search within each field on the asset view. Cons Listed below are a few desired enhancements: Order of fields in Add Asset windows to be customizable Add option to upload document within the Add Asset window when asset is created rather than editing the asset and then uploading the document Option to add an additional asset after one is complete Default within Add Asset windows: Override Additional First-Year Depreciation - Default next screen to choose No AFYD Setup- Fields Asset Field List larger box to view all data at once Similar: Edit within asset when selecting from PickList - larger selection area Have All Favorites (reports and batches) as a filter in the reports section Asset Viewer ability to go to next asset without exiting asset viewer Assets View add more headers be able to scroll over (left and right) Review Source SL Steven L. BSA Chemicals Used the software for: 1-2 years ### "Good Software But Pricey" September 9, 2023 5.0 My overall experience has been positive. The software is easy to use, fairly easy to import into and easy to fix asset depreciation histories when needed to keep aligned with that was booked, when what was booked was wrong. Not every program provides the granular level of control Bloomberg does. If only their pricing model wasn't so punitive and they supported external reporting tools, it would be outstanding. Pros Good user interface and strong functionality. The reporting tools provide easy export to Excel, but lack in connectivity to other tools, such as PowerBI. The ability to manage multiple companies in a single web application is great, as is the ability to manage multiple capital projects and convert compelted projects into assets. Asset disposal is similarly easy, and they give you plenty of ability to tailor asset depreciation to accomodate any mistakes you may have in your asset history. Cons The biggest issue with Bloomberg is pricing based on number of assets. In an age when storage is dirt cheap, there's no excuse for arbitrary levels of pricing based on number of assets. If you have existing assets, expect to have to lose history or pay through the nose to store fully depreciated assets just to bring their records over. The other major limitation is that while reporting to Excel is terrific, reporting to other tools such as BI is non-existent. Bloomberg really needs to add support for connections to other reporting tools. Review Source HL Heidi L. Senior Accountant Real Estate Used the software for: 2+ years ### "Accurate and Efficient" September 11, 2023 5.0 Bloomberg Fixed Assets is fast, easy to navigate, and most importantly, correct. Upgrading to the online program has been a huge timesaver for us, and has saved us large amounts of time, especially in tax season. Pros The ability to consolidate companies and change reporting structures and report organization using even basic reports is a huge timesaver, and is appreciated by management, who can request ad hoc reports organized as they like. Cons In some areas such as "Switch View" the date selection could be larger to make it easier to quickly switch between months and years. Reason for choosing Bloomberg Tax Fixed Assets Easy of use and timely updates to tax changes. Review Source MM Meredith M. VP Tax Chemicals Used the software for: 2+ years ### "Couldn't Do Without It" August 17, 2021 5.0 We couldn't have restructured our company without BNA. BNA allows us to track partnership step-ups and create multiple groups without creating new instances of a company. Pros The software is easy to use but more importantly, it is flexible. It lets us change our minds about depreciation methods, combine different entities and forecasts depreciation out the entire life of the project. The data tools allow you to download key data points for any group of entities and analyze them without running additional reports. Cons The help feature search tool isn't robust so you really need to know where to look in the user guide with questions. Having someone on the team be an expert is important. Reason for choosing Bloomberg Tax Fixed Assets Cost, ease of use and ability to maintain our own data Review Source VR Verified Reviewer Accountant Real Estate Used the software for: 2+ years ### "BNA Fixed Assets" October 3, 2018 3.0 I have no other depreciation software to compare it to but it works for what I need it to. Pros I like how easy it is to set up an asset and the asset wizard. Cons I wish there were more customization reports. I can't always make the reports how I want them to look Review Source Joy K. Disbursement accountant Transportation/Trucking/Railroad Used the software for: 6-12 months ### "Accounting for Fixed Assets" December 15, 2018 4.0 The ability to report fixed assets in multiple currencies is the best thing with this software, its so useful for a company that has branches in different countries as it automatically calculates exchange rates . Pros This software makes the process of accounting for fixed assets so simple. One is able to record, calculate depreciation, calculate gain or loss on disposal and asset and track all fixed assets owned by a company. Cons It is complicated and it is difficult for users to adjust the depreciation rates or add anything to it. Review Source PS Paul S. Credit Manager Accounting Used the software for: 2+ years ### "Review" September 7, 2023 5.0 Easy to use Pros Ease of use allows easy cross training of other users. Cons Since BNA has gone to a CLOUD based product the price has increased exponetially making it a hardsell to manage,ment. Reason for choosing Bloomberg Tax Fixed Assets Better product experience Review Source jD jennifer D. Tax manager Wholesale Used the software for: 2+ years ### "Love this for Tax Depreciation" September 8, 2023 5.0 Great! Pros The dataview feature allows me to make changes and rerun the numbers without having to create a whole new report - updates in real time! Cons Sometimes it is hard to change certain asset fields. Review Source VR Verified Reviewer Portfolio Management Associate Investment Management Used the software for: ### "The cost and capability of Factset is better." May 7, 2018 4.0 Our Bloomberg terminals were easily linked to this tool. Pros It syncs well with the rest of Bloomberg which we use for other various parts of our business. The keystrokes are all familiar and the user interface is as well. Cons Factset analytics is known to be a superior product and when testing the trials on BNA we realized our fixed income business would benefit greater from Factset. Review Source RK Rachel K. Assistant Controller Philanthropy Used the software for: 1-2 years ### "Easy to use" January 9, 2018 4.0 Pros I like the ease of inputting new assets. You can simply use the tab key to move from field to field and get assets entered quickly. Cons The program has small font sizes and sometimes hard to see. The reporting is also a bit confusing once it's printed. Review Source LK Laura K. Controller Electrical/Electronic Manufacturing Used the software for: Less than 6 months ### "BNA Software Review" October 19, 2017 4.0 Pros The software is user friendly and takes no time to figure out. We were able to easily enter an asset into the system without any issues. Cons The reports are somewhat difficult to customize and we had trouble getting them to be in a format that we wanted. Review Source IS Ian S. Senior Tax Accountant Computer Software Used the software for: 6-12 months ### "BNA Fixed Asset tracker simplifies and cuts down on time" February 6, 2018 4.0 Pros I like that it is able to track the fixed assets over time and depreciate them accordingly based on the type of asset class it belonged to and if bonus depreciation is used. Cons If you transfer over fixed assets on to the software, it can be a little bit of work in the front end. Review Source SW Stephen W. Controlller Wholesale Used the software for: 6-12 months ### "Average Product!" March 30, 2017 3.0 Average. We expected an improvement with web vs desktop. Consolidated reporting is very poor. We need consolidated reporting similar to the desktop for our Tax Accountants. Pros Can have more than one company open at the same time. Cons Consolidated Reporting1q Review Source MS Marcia S. Tax Manager Used the software for: 2+ years ### "BNA Fixed Assets" March 30, 2017 5.0 The software is very user friendly and the reports are easy to manipulate to achieve the results you want. The help index is confusing and I tend to call support if I have questions. Pros user friendly and easy to get reports Cons help index is confusing and hard to find answers Review Source