Gain greater flexibility, scalability, enhanced history tracking and faster processing times with FAS 500 Asset Accounting. This robust solution delivers the same dependable depreciation calculations, financial reports, and detailed asset management as FAS 100 Asset Accounting, but leverages the power of Microsoft® SQL Server to offer you a scalable client/server architecture. The result? Maximum performance and scalability with advanced features and processing speed. If you run a larger business or have a large quantity of fixed assets that you need to manage, FAS 500 Asset Accounting gives you the advanced functionality of a SQL server environment to get the job done effectively and efficiently.

If you manage over 10,000 fixed assets, FAS 500 Asset Accounting is simply the ideal solution for your business. It has the ability to powerfully integrate with all major accounting systems and delivers faster processing times with Windows Server™ and Microsoft® SQL infrastructures. You’ll enjoy advanced functionality with seven books all visible on one screen including two user-defined custom books, alternative accounting periods such as 13 period, 52/53 week, 4/4/5, 4/5/4, or 5/4/4 accounting, and a fully customizable data entry screen that includes field names, lengths, pictures, and prompts. When it comes to meeting your robust fixed asset accounting needs, FAS 500 Asset Accounting delivers the capacity that only a scalable client/server architecture can provide.

FAST, FLEXIBLE, SCALABLE

• Alternative accounting periods including 13 period, 52/53 week, 4/4/5, 4/5/4, or 5/4/4 Accounting
• Seven books, all visible on one screen—Internal, Tax, ACE, AMT, State, and two user-defined custom books
• Powerful integration with all major accounting systems
• Faster processing times with Windows Server™ and Microsoft® SQL infrastructures
• Scalability with client/server architecture and support for multiple databases
• Enhanced history tracking allows the capture of critical “before and after” asset conditions
• Seamless integration with FAS 500 Asset Inventory
• Includes FAS Report Writer for custom reports with graphical, drilldown, and batch reporting capabilities
• Over 300,000 IRS tax and GAAP rules and more than 50 standard depreciation methods 

• Handles alternative accounting periods including 13 period, 52/53 week, 4/4/5, 4/5/4, or 5/4/4 accounting
• Includes FAS Report Writer for custom reports with graphical, drilldown, and batch reporting capabilities
• Fully configurable data entry screen including field names, lengths, pictures, and prompts—fields can even be turned off completely
• Customizable SmartLists for fast, accurate asset entry
• Powerful Group Manager for instant queries and reusable group definitions

• Faster processing times with Windows Server™ and Microsoft® SQL infrastructures
• Designed with a client/server architecture and support for multiple databases
• Easily accounts for hundreds of thousands of fixed assets
• Allows for centralization of fixed asset databases for a more secure operating environment
• Open standards provide for easy in-house development and customization

• Powerful integration with all major accounting systems
• Seven books, all visible on one screen—Internal, Tax, ACE, AMT, State, and two user-defined custom books
• Over 300,000 IRS tax and GAAP rules and more than 50 standard depreciation methods
• Automatic calculation of AMT and ACE schedules and over 20 methods of depreciation—including MACRS 150% and 200% (formulas and tables), ACRS, Straight Line, Modified Straight Line (formulas and tables), Declining Balance, Sum-of-the-Years-Digits, and customized depreciation methods
• Seamless integration with FAS 500 Asset Inventory

• Simplifies Sarbanes-Oxley compliance with custom-tailored security features and an advanced audit trail
• Audit Advisor automatically reviews your fixed assets and red-flags potential compliance issues
• Regular tax updates keep your depreciation calculations accurate