FAQ

Yes, all asset classes including public and private investments.

Yes, Asseta supports unlimited data importation. We provide tools and support to facilitate the migration of your financial data from existing systems into Asseta, ensuring a smooth transition and minimal disruption to your operations.

Asseta handles inter-company activity by automating transactions between entities within the same organization. Our platform simplifies these processes by providing tools to reconcile inter-company accounts automatically, ensuring accuracy and compliance.

Yes. Asseta integrates seamlessly with QuickBooks, in addition to many other financial tools. This integration allows for the smooth transfer of financial data from QuickBooks into Asseta, facilitating an upgrade path for businesses that need more robust features like multi-entity management and financial consolidation without losing their historical data.

Learn more about Asseta's integration partners.

Yes. Asseta is a standalone general ledger accounting platform designed to run business financials.

For those looking to stay with QuickBooks, Asseta integrates securely with QBO via secure API integration.

Our average customer goes live within 2-8 weeks. The timeline depends on the state of your data, technology needs, and resource capacity. Asseta's team of CPAs, engineers, and customer success personnel will work directly with you to ensure an efficient implementation.

We regularly update our platform to introduce new features and enhancements, typically on a quarterly basis. These updates are designed to improve functionality, enhance user experience, and incorporate the latest advancements in financial technology.

Yes.

A general ledger forms the basis of a company's accounting system. It documents all company transactions, such as assets, liabilities, equity, revenues, and expenses. Every entry includes a debit and a credit, which must always balance to maintain accurate financial records.

The general ledger plays an integral role in producing financial statements. It helps businesses track their financial performance over time, allowing them to identify trends, manage budgets, and make informed financial decisions. The general ledger also assists in ensuring compliance with financial regulations and standards, as it provides a complete and accurate record of all financial transactions carried out by the company.

Learn more about Asseta's Intelligent General Ledger here.

Yes, Asseta supports unlimited entities in one complete view, supporting real-time consolidations and drill-down capabilities.

Asseta is SOC 2 Type 2 compliant and prioritizes the security of your financial data with advanced encryption, regular security audits, and compliance with industry standards. Our platform uses multi-factor authentication and continuous monitoring to detect and prevent unauthorized access, ensuring that your financial information remains confidential and secure.

Asseta is built for single and multi family offices operating complex portfolios and multiple legal entities.

In financial accounting, a dimension refers to a specific characteristic used to categorize transactions for further analysis. These can include departments, projects, or locations. Dimensions aid in generating more detailed financial reports and facilitate the analysis of performance across various business segments.

By employing dimensions, businesses can break down their financial data into more manageable segments, providing a deeper understanding of their financial performance. For instance, using a 'department' dimension can help to analyze which department is generating the most revenue or incurring the most costs. Similarly, a 'location' dimension can provide insights into the financial performance of different geographical areas of the business.

Read more about Asseta's approach to dimensionality.

An entity refers to a legal business unit that reports separately in financial statements. Entities can be companies, divisions, or subsidiaries, each with distinct operations but under one corporate group. Managing multiple entities involves consolidating their financials for a unified overview.

Asseta is the only modern all-in-one platform exclusively dedicated to the needs of Family Offices. Our pace of innovation makes us the clear leader in software solutions for our clients.

Asseta offers comprehensive support through a dedicated customer service team, available via phone, email, and Slack channel. We also provide extensive online resources, including tutorials, FAQs, and community forums, to help users maximize the benefits of our platform.