Steda Registers compared with QuickBooks Online Advanced fixed assets
QuickBooks Online Advanced has a fixed asset feature that creates a schedule and posts book depreciation every month on its own. It is useful, and already in a plan some companies pay for. The gap is the tax book.
What QuickBooks Online Advanced does today
Intuit documents four calculation methods for the fixed asset feature in QuickBooks Online Advanced: straight line, declining balance, double declining balance and units of production. It builds the schedule from the purchase price, the useful life, the start date and the accumulated depreciation you enter, then records book depreciation at the start of each month without being asked.
That covers the book side of a simple register. It does not calculate a tax book, so the Modified Accelerated Cost Recovery System and its conventions, Section 179 and bonus depreciation are still worked out somewhere else, which for most companies means a spreadsheet.
The comparison
| Capability | Steda Registers | QuickBooks Online Advanced | Verdict |
|---|---|---|---|
| Book depreciation | Straight line, declining balance at 150 and 200 percent, sum of the years digits, and units of production. | Straight line, declining balance, double declining balance and units of production. | Comparable |
| Tax depreciation | A separate tax book: Modified Accelerated Cost Recovery System with the half-year, mid-quarter and mid-month conventions, Section 179, bonus depreciation, and the alternative depreciation system. | Not calculated. | Steda leads |
| Two books side by side | Book and tax on one register, with their own methods and lives, and the difference reported. | One book. | Steda leads |
| Posting the entry | You close the month, review the entry, then post it. | Posted automatically at the start of each month. | They lead |
| QuickBooks Desktop | Connects to Desktop, including Enterprise, through the Web Connector. | QuickBooks Online only. | Steda leads |
| Construction in progress | Projects accumulate cost and are placed in service when they are ready. | Not covered. | Steda leads |
| Disposals | Full and partial disposals, transfers between departments, locations and classes, and impairments, with the gain or loss calculated and reported. | An asset can be marked as sold or disposed. | Steda leads |
| Period close | Months close in order and lock, across four registers at once. | The QuickBooks closing date applies to the books, not to a register close. | Steda leads |
| Prepaid, leases, loans, property tax | Three more registers on the same close. | Not covered. | Steda leads |
| Price | $199 a month for the first entity, 1,000 assets included, on any QuickBooks plan. | Included in QuickBooks Online Advanced, which Intuit prices as a whole platform. | Comparable |
Read from the other product’s own documentation in September 2026, with sources at the foot of this page. If something has changed, tell us and we will correct it.
Where QuickBooks Online Advanced is the better answer
- It is already in the plan. If you pay for Advanced for other reasons, the fixed asset feature costs nothing more.
- It posts the entry on its own every month, with nothing to remember.
- There is no second system, no second sign-in and no connection to maintain.
- For a company that only needs book depreciation on a handful of assets, that is the whole job.
When Steda Registers is the wrong purchase
- You have no tax book to keep, no prepaid schedule, no leases and no rendition. One register with book depreciation is what Advanced already does.
- Your auditor has never asked how the register is controlled.
- You are on QuickBooks Online Advanced and buying Steda only for fixed assets. Look at the whole of Registers first, because the price is for four registers.
If one of those is you, say so on the call and we will tell you so.
Questions
Does Steda replace QuickBooks Online Advanced?
Can we keep using the Advanced fixed asset feature alongside Steda?
Does Steda calculate Section 179 and bonus depreciation?
Do we need QuickBooks Online Advanced to use Steda?
Sources
- Add and manage fixed assets in QuickBooks Online Advanced (Intuit)
- How to manage fixed assets in QuickBooks Online Advanced (Intuit)
Steda is not affiliated with Intuit. QuickBooks is Intuit’s trademark and is used here to say what Steda works with and what it is being compared against.
Other comparisons
Steda Registers and Fixed Asset Manager →
Fixed Asset Manager ships inside QuickBooks Desktop Premier Accountant and Enterprise at no extra cost and calculates depreciation on six bases. If it is working for you, keep it.
Steda Receivables and QuickBooks reminders →
QuickBooks already sends reminders, and for a short aging that is enough. On a long list, the same three emails go to the customer who always pays and the customer who never does.
The Steda portal and QuickBooks Payments →
Both let a customer pay an invoice online. They differ on whose account the money lands in, whose branding the payer sees, and what a large bank payment costs.