
In large or decentralized organizations, fixed asset management can
pose complex challenges in administration, access, user-specific customization
and system security. Compatibility with existing accounting and business
management software can be of equal concern.
The Fixed Asset Accounting module is the leading fixed asset management
software for medium-sized companies. Fixed Asset Accounting combines
acknowledged depreciation expertise and user friendliness with the
added power and functionality your situation demands. It was developed
to meet the needs of your business, providing fast, dependable,
customizable fixed asset management performance and data security.
FAS provides the additional ability to execute partial and whole
transfers and disposals, conduct bulk disposals with automatic gain/loss
calculations and track transfer activity with as little as a single
keystroke.
Plus, it provides extra security features at the system level,
company level and userdefined menu levels, such as complete audit
histories on all changes made to the asset system. In addition,
SmartLists provide user-defined values for each asset descriptor,
ensuring a high level of consistency throughout the asset system.
Finally, when combined with the rest of Sage MAS 90, We create a
powerful, reliable, easy-touse, and secure total accounting management
system for your entire organization.
FEATURES:
- Easy to Use - Fixed
Asset Accounting provides asset templates to help ensure that
new assets can be created both quickly and accurately. Assets
can also be created by copying an existing asset. This facility
is very important for system usability.
- Transfers and Disposals
- With Fixed Asset Accounting, you can execute partial and whole
asset transfers and disposals individually to userdefined depreciation
schedules. For bulk disposals, the system also automatically calculates
gain/loss on individual assets.
- Group Manager
- Group Manager lets you define groups of assets as you
go. Definitions can be based on any characteristic including type,
location, custodian and acquisition date. Depreciation, reporting,
location change and disposal require only a few keystrokes to
implement.
- Asset Templates -
Templates provide an easy way to create a new asset. When an asset
is added, the selected template automatically fills out the asset
information, reducing errors and improving efficiency. An unlimited
number of assets can be created.
- Asset Views - Asset
Detail View allows you to view all details of a single asset from
all seven books on a single screen. In Asset Group View, you can
work with and view multiple templates simultaneously.
- Asset Images - Pictures
of an asset, purchase order, maintenance agreement, warranty,
invoice and other documentation can be scanned into the file and
viewed on screen at any time, providing a complete and readily
accessible record of all asset data.
- Asset Navigation and History
- In addition to the system's powerful query capabilities, Fixed
Asset Accounting provides instant switching between Main and Disposal
functions, a complete audit trail of the major events in an asset's
life, and the facility for attaching notes to record important
details.
- Extended Fields -
Description fields can be up to 80 characters in length, and extended
user fields can accommodate up to 25 characters, affording optimal
space for easy and complete asset definition. Up to 100 characters
can be entered for general ledger account numbers.
- Automatic Calculations
- Fixed Asset Accounting automatically creates AMT and ACE schedules
using your choice of more than 20 methods of depreciation including
MACRS 150% and 200%, ACRS, Straight Line, Modified Straight Line,
Declining Balance and Sum-of-the-Years Digits. Other automatic
calculations available range from Full Month Convention, Mid Quarter
Convention and Half Year Convention to Section 179, ITC, Gain/Loss,
Salvage Value and Tax Preference Amounts. The system also provides
the flexibility to create customized methods in each company.
- Accounting integrates with the General Ledger for comprehensive
accounting management performance. And, for even more integration,
assets can be added automatically when purchased or received,
if used in conjunction with our system Accounts Payable and Purchase
Order modules. The assets automatically transfer from the purchasing
system into Fixed Asset Accounting using an asset template based
on the purchased item type. After transfer, Fixed Asset Accounting
can customize the asset information, if necessary.
- Custom Report Writer
- More than 20 standard reports are available, each allowing user-defined
sort and range criteria on all fields. You can also create custom
reports with built-in report helpers, produce custom consolidated
reports that let you "roll up? data without changing the
underlying database and specify totals-only reporting for standard
reports.
- Extra Security - Fixed
Asset Accounting can assure complete security at user, user-defined
menu, system and company levels, protecting important or proprietary
data from unauthorized access or manipulation. This security feature
also includes fully controlled access to user-definable SmartLists
for fewer data entry errors.
- Online Help - Instant
context-sensitive online Help is always available. Furthermore,
customizable Help for online corporate guidelines can be added
easily.
- Technical Support and Updates
- A SupportPlus membership provides access to toll-free phone
assistance, automatic free system enhancements and updates, automatic
tax law updates, 24-hour access to SupportPlus Online and a wide
array of other privileges and value-added benefits.
OTHER FEATURES:
- Enhanced history tracking which allows capture of critical
"before and after? asset conditions.
- Seamless integration with the Asset Inventory module,
for fixed asset tracking and reconciliation.
- Automatically add assets when purchased or received. (Requires
Sage MAS 500 Purchase Order and/or Accounts Payable modules.)
- Custom Report Writer with graphics, drill down and batch
reporting capabilities.
- Seven books ? all visible on one screen:
- Internal
- Tax
- ACE
- AMT
- State
- Two user-definable books
- Automatic creation 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
- Customized depreciation methods
FAS - Fixed Asset Inventory
FAS Asset Inventory provides complete fixed asset inventory tracking
and reconciliation capabilities for Sage MAS 500. Using state-of-the-art
bar code technology, including Windows CE devices, FAS Asset Inventory
creates and tracks physical inventories of assets quickly and efficiently
? helping companies gain tighter controls over their fixed assets.
adsf With Asset Inventory, you'll have complete confidence in the
accuracy of your fixed asset data. Because Asset Inventory simplifies
the asset inventory process, you'll also have more time to focus
on patterns of loss, theft and misallocation, and implement loss
prevention policies.
With seamless integration to FAS Asset Accounting, the Asset Inventory
module performs the physical inventory reconciliation process on-screen
with existing asset data. Fixed asset data can also be collected
using a bar code scanner and labels, and then matched up to financial
records where discrepancies are identified. You're then prompted
for decisions about discrepancies and can select automatic updates
of your financial records.
Maintaining accurate physical inventories is essential to safeguarding
fixed assets. The enforcement of loss prevention policies is aided
further with the Check-In/Check-Out feature. You can constantly
monitor mobile assets with this feature that shows who has possession
of important assets, where they are, when they're scheduled to return
and when they're overdue.
Having concise, up-to-the-minute records on such valuable items
as laptop computers, cellular phones, PC components, medical equipment,
and important files will significantly reduce your asset replacement
costs. When combined with FAS Asset Accounting and the rest of Sage
MAS 90, Sage MAS 200 or Sage MAS 500, Asset Inventory creates a
powerful accounting management system to track your organization's
fixed assets better than ever before.
FEATURES:
Great Scalability
Enhanced history tracking allows capture of critical "before
and after? asset conditions. Seamless integration with FAS Asset
Accounting can perform physical inventory reconciliation with existing
asset data.
Supports Two Inventory Types
Asset Inventory can handle baseline inventory ? to add new assets,
and dynamic inventory ? to verify any data on existing assets.
Remote Computing
Although Asset Inventory supports industry-leading bar code readers,
Windows CE and Palm operation systems devices make it easy to perform
inventories with less expensive bar code readers containing more
memory. The system can also track assets at remote locations, where
inventories can be conducted by exchanging data via e-mail attachments.
Multi-site Asset Inventory
This module provides the ability to conduct multiple asset inventories
concurrently at distributed sites and reconcile the data at one
central location.
Import/Export Helper
The Import/Export Helper allows you to import data from or export
data to the most popular spreadsheet and applications.
Virtual Reader
On-screen Virtual Reader lets you perform a test inventory ? and
even add assets ? before you invest in hardware.
Check-In/Check-Out
Check-In/Check-Out feature with a Check-Out History constantly monitors
assets on the move.
Viewing Options
To optimize flexible fixed asset management and fast navigation,
you can quickly switch between Detail View and Group View.
Detail View
Asset Detail View provides complete information including property
type, class, acquisition date, supplier, location, GL asset account,
accumulated and expense account numbers, custodian and more.
Group View
Customize your Asset Group View with drag-and-drop convenience ?
freeze "identifier? columns, display or hide columns to view
the precise information you want, in the order you want to see it
? all while saving your custom settings automatically.
Asset Management Tools
Groups,Templates, SmartLists and Search-and-Replace features provide
powerful asset management and streamlined inventory methodologies.
Easy Access
Asset tabs allow instant access to Asset History, Images and custom
online Notes.
Smart Fields
Fifty-one fully customizable fields provide the ability to control
data entry, notes and image support to describe each asset record.
Analyze Asset Data
Track fixed assets better than ever before, investigate lost or
misplaced items, and document inventory reconciliation with information-packed
reports. Reports can be run on any asset group, sorted by any field
desired, and printed in your choice of portrait or landscape modes.
Standard and Custom Reports
A comprehensive selection of reports includes reconciliation, summary,
past due, detail, exception, and check-in/check-out. You can also
create custom reports through the Report Helper link to Crystal
Reports.
Online Help
Instant context-sensitive online Help is always available. Furthermore,
customizable help for online corporate guidelines can be added easily.
Technical Support and Updates
A SupportPlus membership provides access to toll-free phone assistance,
automatic free system enhancements and updates, automatic tax law
updates, 24-hour access to SupportPlus Online and a wide array of
other privileges and value-added benefits.
MORE FEATURES:
- Use the latest bar code technology to automate asset inventory
process.
- Seamless integration with the FAS Asset Accounting module.
- Track inventory at remote locations.
- Implement loss prevention policies.
Two Types Of Inventories Supported
Two Types Of Viewing Options
- Asset Detail View
- Asset Group View (customizable)
Types Of Reports
- Reconciliation
- Summary
- Past Due
- Detail
- Exception
- Check-In/Check-Out
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