Municipalities and schools are faced with the challenge today more than ever before to maintain a fixed asset property control system that complies with GAAP, GAAFR, and GASB 34 and provides accurate and realistic values. Industrial Appraisal Company has met this need with coordinated appraisal, software, and consulting services.
Fixed Asset property control begins with an accurate inventory of applicable assets that includes locations, types, ages, historical costs, and present values. The appraisal can individualize selected assets with a barcoded tag to facilitate subsequent monitoring and reinventory. Costing, lifting, and the depreciation of capital assets are reported in a standard presentation while developing the insurable values at the same time, minimizing cost and maximizing the benefits of your appraisal.
Because Visual FACS has been developed through users' experience and constant feedback Visual FACS is the fourth generation of Industrial Appraisal's fixed asset accounting software. Since the introduction of the first version in 1991, the software has been refined and enhanced based on feedback from hundreds of users. The results: Visual FACS is even easier to use. It adjusts to special needs, is more secure, and is more economical.
Please contact Industrial Appraisal Company to request a demo- click here