Is Black Mountain School Accounting Software right for your business?

Black Mountain School Accounting Software is a great fit for many businesses. Find out if it's the right choice for you! Are you looking for a Black Mountain School Accounting Software demo, technical support, product or pricing information or to simply to compare Black Mountain School Accounting Software with competitive options? Quickly get answers and the information you need.

Don’t let the product name fool you. Black Mountain’s Fixed Asset system helps you manage ALL of your assets; capitalized or otherwise. It is an essential component for complying with GASB34 reporting and a powerful tool you can utilize to manage, track, and dispose of non-capitalized but, never-the-less, valuable assets.

Tight integration with the Accounting AP system eases identification of purchses that qualify for entry into the Fixed Asset system, making data entry and asset definition a straightforward process. When you’re ready, a click of a button, posts system generated accounting entries to the Accounting system GL.


  • Manage all physical assets - System provides for managing capitalized as well as non-capitalized assets.
  • Descriptive Asset Information - Set up a location hierarchy that includes: Location, Building, Room and Person Responsible.
  • Identify and classify your assets through the use of Tag, Item Class, Type Class, Organization, Description, Remarks, and Asset Status.
  • Record: Quantity, Unit Cost, Total Cost, Date Acquired, Replacement Value, Salvage Value, Useful Life, Depreciation Method, and Disposal Date.
  • System Calculates adjusted 1st year depreciation, Annual Depreciation and Total Depreciation.
  • Critical Accounting Information – Set up all associated accounting entries over the life of the asset: Acquisition Accounting, Depreciation, Transfers, and Disposal.
  • Accounting System supplies acquisition accounting from the claim invoice upon entry of Vendor Code.
  • Set up Depreciation accounting one time to automatically generate each year of depreciation entries and history.
  • Record Transfer Accounting to move the asset to a new fixed asset account.
  • Enter Disposal account line to complete the assets useful life.
  • Automatically Generates Accounting Entries
  • All accounting entries are journalized by the fixed asset system. The Journal Voucher is sent to the accounting system and posted to the ledgers at your convenience.
  • Automatically update replacement values once a year for insurance purposes. System uses the most current years CPI index. CPI index is updated in the Asset system once a year as soon as it is available.
  • Work directly from each record to easily import digital photographs of your assets and inventory items. The photograph is available for instant viewing each time the asset record is accessed.
  • Asset System looks at Accounting System claims to find assets or inventory. Any items in a claim marked as inventory or are coded with a “capitalized” expenditure object are included. This simplifies entry and paperwork for the fixed asset clerk. Once these items are added as a fixed asset record and acquisition accounting is recorded they will no longer appear in the list

Other Applications

The following applications are designed to work hand-in-hand with Fixed Assets:

"Fixed Assets" is part of the Black Mountain School Accounting Software line of products, developed by Black Mountain Software.

Related Products

The following software product lines are also offered by Black Mountain Software: