FAMS is a comprehensive, easy-to-use fixed asset accounting software system for complete asset accounting and asset management. FAMS maintains extensive fixed asset data (for depreciable and non-depreciable assets), providing the user with a single source of reference for control, analysis and management of all fixed assets from capitalization to retirement.

FAMS provides substantial flexibility in accommodating the depreciation policies and accounting methods used by most companies while ensuring compliance with tax laws and GAAP.