Project & Asset Accounting

Master Complex Asset and Project Accounting

From capital projects to depreciation, manage the full financial lifecycle of your assets with precision and confidence.

Asset Accounting That Scales with Portfolio Complexity

Project and Fixed Asset Accounting is the only solution that meets the energy accounting needs ensuring compliance and providing data required for tax optimization and regulatory capital recovery. 

Its features and complex calculations purpose-built for the energy industry allow you to have confidence and visibility into your data and enable you to spend less time data gathering and more time on analysis and decision making. 

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200+ Asset Intensive Customers Trust PowerPlan

Automation and Insights for Accurate Project & Asset Accounting

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Project Accounting

Manages your spend and accurately accounts for your construction and removal costs while tracking special regulatory and tax treatment.

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Month End Close

Prepares journal entries to be sent to your General Ledger through a traceable, optimized, centralized processing hub to manage your monthly closing process.

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Unitization

Allows for classification of assets at in-service to start depreciation prior to final unitization.

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Asset Accounting

Tracks all record keeping in a single source and enables classification of mass asset records by vintage, FERC account and different sets of books.

Reduce Costs

Depreciation

Applies group depreciation from in-service to retirement while tracking life and net salvage separately, providing detail to support regulatory proceedings.

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Reporting and Insights

Provides actionable insights and visibility into granular data detail in a centralized location. 

We’ve Helped Customers Achieve Powerful Results

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Southern Company Upgrades its Business Operations with PowerPlan Solutions
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Washington Gas Light’s Migration from PowerTax to Tax Fixed Assets
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How Austin Energy Minimized Risk and Optimized Maximo with PowerPlan

Resources & Industry Insights

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