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- ABS Fixed Assets System - American Business Systems, Inc.
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- KEYWORDS: accounting, assets, Fixed Assets , 508
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- The ABS Fixed Assets System is designed to monitor all accounting transactions
- associated with the acquisition, depreciation and disposal of a company's
- assets. It supports up to 999 companies, with 999,999 departments each and
- lets the user keep up to four sets of books per asset. A special what-if
- feature lets the user project the depreciation of an asset by up to four
- methods of depreciation before selecting the methods to be used. The system
- also keeps track of insured values, disposal methods, investment tax credits
- (ITC), and recapture amounts for each asset. Updated to comply with changes
- in the 1986 Tax Reform Law, the system generates the following reports:
- current assets, gains and losses, 4562 YTD depreciation, projected
- depreciation, ITC, disposed assets, insured value, and GL distribution. The
- system interfaces with the ABS General Ledger System and single or multi-user
- versions are available. The version 6 release includes windows, search
- routines, hot keys, and an on-line calculator.
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- American Business Systems, Inc.
- Tel: (508) 250-9600
- Fax: (508) 250-8027
-