The recently passed Jobs and Growth Tax Relief Reconciliation Act of 2003, along with last year's Job Creation and Worker Assistance Act of 2002, have created headaches for tax managers across the country. With the increase in bonus depreciation changing from 30% to 50%, and increased section 179 allowances, spreadsheets and older fixed asset management software systems have become obsolete.

FAS Asset Accounting -- part of the FAS Suite family -- is extremely easy to use and provides complete control over your fixed assets for financial and tax reporting. It is powerful depreciation software with 20 standard or customized methods of depreciation, integration with popular general ledger accounting systems, and more than 20 standard reports.