Sage FAS 500 Asset Accounting
better than an ERP fixed asset module
FAS 500 Asset Accounting provides advance features and processing speed for larger companies or those that only have a Microsoft SQL environment. FAS 500 Asset Accounting offers the same depreciation methods and calculations, financial reports, and detailed assets management as Sage FAS 100 Asset Accounting, but leverages the power of Microsoft® SQL Server to offer a scalable client/server architecture.
Main differences: Sage FAS 500 Asset Accounting allows for over 10,000 assets, alternative accounting periods (13 periods, 4-4-5, 4-5-4, 5-4-4, etc.), additional security options (great for SOX 404), robust power house for multiple users, reliability for remote users and flexibility for integrations to other accounting applications.
Frequent questions regarding FAS Asset Accounting for SQL Server
Q: How many assets can I keep track of in FAS 500 Asset Accounting?
A: In FAS 500 Asset Accounting you are allowed up to 100,000+ assets per company. You can create an unlimited number of companies.
Q: Is SQL Server 2008 a supported environment for the Sage FAS 500 solutions?
A: Yes, it's been tested and works in a SQL 2008. [system requirements]
Q: Does FAS 500 Asset Accounting support multi-currency?
A: At this time, Sage FAS does not have the capability to depreciate or record asset acquisition costs or accumulated depreciation in multi-currency. However, here at Paragon Systems we have built reports that allow for multi-currency to be calculated and reported.
Q: Is FAS 500 Asset Accounting available in a multi-user environment?
A: Absolutely! Asset Accounting 500 is available as a stand-alone, three (3) seats, five (5) seats and up. Other seats are sold in a five (5) pack (i.e. 10, 15, 20, etc.). Users are sold as "licensed" users.
Q: Does FAS 500 Asset Accounting keep up on Tax Compliance changes?
A: Yes! If you are a Sage FAS SupportPlus subscriber year after year, you will receive updates automatically through Sage Software - especially federal tax bonus depreciation and other depreciation methods. Perhaps the most important reason to move off of spreadsheets or older versions of either Sage FAS or another fixed asset depreciation system.
Q: Sage FAS SupportPlus? What is that and is it required?
A: SupportPlus is your technical support (via 800#, email, fax and web site members lounge), product upgrades, and competitive upgrade pricing. SupportPlus is not mandatory, however, it comes highly recommended. Especially if you need those tax updates. Need to renew your software?
