MAS 90/200 ERP Software

FAS Asset Accounting

Sage FAS Fixed Asset Management

For over 25 years, Sage FAS has been a leading solution for fixed asset accounting software. With its standard and customizable depreciation features, FAS fixed asset accounting for MAS ERP has helped many businesses, governments, schools and non-profit organizations reduce insurance overpayments, and obtain greater tax savings.

Each version of FAS Asset Accounting is easy to install and customize.  FAS 100 was designed for businesses requiring standalone fixed asset management system or a network of fixed asset data, whereas FAS 500 was designed for businesses managing over 10,000 fixed assets and cuts down the processing times with Windows Server™ and Microsoft® SQL.

S & W Micros is a long-standing reseller and consultant for FAS, helping facilitate the business processes for small businesses.  We help select the right software that allows you to manage your fixed assets - and not the other way around.  Here is a quick summary for each of the fixed asset management software solutions:

FAS 100 Asset Accounting

FAS 100 Asset Accounting allows up to 10,000 assets per company - and the ability to create unlimited companies. FAS 100 Asset Accounting software is available as a stand-alone, 3 seat, 5 seat or more in packs of 5 - with users sold as licensed users. One of the greatest advantages is the tax compliance with FAS 100.  FAS 100 Asset Accounting for MAS ERP is a leading solution for managing fixed assets from acquisition to disposal. Some of the benefits of FAS 100 include:

  • Seven books visible on one screen including Internal, Tax, ACE, AMT, State and 2 user-defined custom books
  • Fast and accurate asset entry with customizable SmartLists
  • Includes FAS Report Writer for flexibility with custom reporting graphics, drill down and optimized batch reporting
  • The Powerful Group Manager feature allows instant queries and reusable group definitions
  • Built-in links to GL and other accounting modules facilitate the transfer of fixed asset data
  • Built-in security - password authentication required on user-defined profiles and menu level limitations for specified product features
  • Built-in compliance - advanced audit trail to simplify Sarbanes-Oxley compliance
FAS 100 Asset Accounting Brochure

FAS 500 Fixed Asset Accounting

FAS 500 Asset Accounting was developed to run with the speed required for managing over 10,000 fixed assets. The depreciation calculations, financial reports optimization and detailed asset management  features are the same as FAS 100 Asset Accounting, yet 500 leverages the power with Microsoft SQL Server for a scalable client/server infrastructure. Some benefits of FAS 500 include:

  • Integrates with all major accounting systems
  • 13-period alternative accounting periods (52/53 week, 4/4/5, 4/5/4 or 5/4/4)
  • Seven books visible on one screen including Internal, Tax, ACE, AMT, State and 2 user-defined custom books
  • Enhanced history tracking that allows capture of critical before and after asset conditions
  • Faster processing with SQL Server infrastructure - to support multiple databases
  • Easily integrates with FAS 500 Asset Inventory (SQL)
  • Includes FAS Report Writer for flexibility with custom reporting graphics, drill down and optimized batch reporting
  • 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
  • Over 300,000 IRS tax rules and GAAP
  • The Audit Advisor feature automatically reviews your fixed assets and red-flags potential compliance issues
  • Built-in compliance - advanced audit trail to simplify Sarbanes-Oxley compliance
FAS 500 Asset Accounting Software Brochures