Through the even larger or decentralized companies, fixed asset management could perhaps construct complicated issues in management, access, user-specified customization and system security. Compatibility with present accounting application and the client/server platform is usually of equal challenge.
The Asset Accounting system Powered by FAS has created into the Windows structured fixed asset administration software of choosing for ability and convenience in tiny to medium-sized firms. It contains the acknowledged depreciation competency and person friendliness of FAS together with the additional strength and functionality your predicament demands. It absolutely was in reality designed to meet the preferences of your small business, furnishing high-speed, trustworthy, tailor-made fixed asset management performance and data stability.
Asset Accounting Powered by FAS offers you the extra ability to perform partial and full transfers and disposals, perform bulk disposals with automated gain/loss measurements and trace transfer work with only an individual keystroke.
Additionally, it provides more safety options at the system level, company level and user-defined menu levels, together with perfectly controlled access to predefined SmartLists. In the end, Asset Accounting Powered by FAS incorporates with MAS90 and MAS200 by means of the FAS Link, setting up a superb, trusted, user-friendly, and guarded accounting management system for your entire service.
Transfers and Disposals – By making use of Asset Accounting Powered by FAS, you are able to perform partial and whole asset transfers and disposals one by one to user-defined depreciation schedules. Related to substantial disposals, the product furthermore routinely calculates gain/loss on a number of assets.
Group Manager – Group Manager enables you to create groups of assets as you go. Definitions could very well be decided by any characteristic along the lines of type, location, custodian and acquisition date. Depreciation, reporting, location change and disposal demand only a few vital strokes to perform.
Asset Views – Asset Detail View lets you see all particulars of a single asset from all 7 books on only one screen. In Asset Group View, you are able to work with and observe many different assets all with each other.
Asset Images – Photos of an asset, purchase order, maintenance agreement, warranty, invoice along with other documents may very well be scanned into the file and watched on-screen when you would like, delivering a complete and effectively available record of all the asset data.
Asset Navigation and History – In addition to the system’s very valuable query qualities, it provides you rapidly switching between Main and Disposal functions, a full audit trail of the primary activities in an asset’s life, and the facility for affixing notes to record vital particulars.
Extended Fields – Description fields in MAS90 and MAS200 could very well be up to 80 characters prolonged, and extended user fields can conveniently accommodate up to 25 characters, affording ideal space for easy and full asset definition. Approximately 100 characters might be typed in for general ledger account numbers.
Automatic Calculations – Asset Accounting Powered by FAS instantly would make AMT and ACE schedules employing your variety of a great deal more than twenty sorts of depreciation together with MACRS 150% and 200%, ACRS, Straight Line, Modified Straight Line, Declining Balance and Sum-of-the-Years Digits. Varieties of other automatic computations obtainable consist of Full Month Convention, Mid Quarter Convention and Half Year Convention to Section 179, ITC, Gain/Loss, Salvage Value and Tax Preference Amounts. It moreover gives the comfort to arrange personalized methods in each company.
Custom Report Writer – About 20 customary reports are often obtained, each permitting user-defined sort and range criteria on all fields. You could also establish custom reports with built-in report assistants, make custom consolidated reports that make it possible for you “roll up” data devoid of transforming the underlying database and designate totals-only reporting for standard reports.
Extra Security – MAS90 and MAS200 can quite easily assure full security at user, user-defined menu, system and company levels, and risk-free guarding crucial or private data from unauthorized access or manipulation. This security feature additionally comes with perfectly controlled access to predefined SmartLists for less data entry errors.
Windows Compatible – It is really compatible with Windows and Windows NT. The application also imports from a huge array of fashionable Windows applications as well as Microsoft Excel, and Lotus 1-2-3.
MAS90 and MAS200 Compatible – Asset Accounting Powered by FAS brings together with the MAS90 and MAS200 core programs for detailed accounting management features.
Online Help – Prompt context-sensitive net based help is certainly forever on hand. What’s more, custom-made Help for online corporate guidelines could be without delay included.
Technical Support and Updates – A FAS SupportPlus membership offers access to toll-free phone help, automated free system innovations and updates, automated tax law updates, 24-hour access to FAS SupportPlus Online in addition as a variety of other privileges as well as value-added benefits.