Is TRAVERSE right for your business?

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

With TRAVERSE Fixed Assets, you’ll have the forecasting tools you need to evaluate leases, amortize loans, and experiment with depreciation strategies before you make a capital commitment. Keep an eye on your depreciation options with four depreciation books that let you track four sets of depreciation information. You can also retire assets at any time. Track the difference between estimated depreciable and actual service life and calculate the cost or proceeds from the retirement of an asset.

You’ll stay up to date with tax law changes. Fixed Assets provides a set of IRS-supplied depreciation tables and supports MACRS, ACRS, straight line, sum-of-the-year digits, and declining balance recovery methods. Flexible tables help you make changes easily to stay current with tax laws.

  • Calculate depreciation for a combination of books including book, federal tax, alternative minimum tax, and other (such as state or local)
  • Eliminate manual journal entries; the TRAVERSE General Ledger interface records accumulated depreciation expense entries automatically when you post
  • Change the system to conform to your tax assessment and reporting needs with user-definable tax districts
  • Group related assets for reporting purposes or link additions and adjustments to original assets by using multiple-part asset IDs
  • Modify the system to conform to the way your business is organized with user-definable location fields
  • Track actual and scheduled service maintenance dates with a description of work performed for each asset

Fixed Assets Reports

  • Period Depreciation Journal
  • Lease vs. Buy Analysis
  • Trial Depreciation Schedule
  • Additions Journal
  • Retirements Journal
  • Asset Value Report
  • Depreciation Comparison Report
  • Credit Recapture Report
  • Property Assessment Schedule
  • Percent of Business Use Report
  • Gains and Losses Report
  • Depreciation Summary Report
  • Credit Summary Report
  • Depreciation Tax Report (for IRS Form 4562)