TM




                                                                                                     FAM
                                                                                                TM
                                                         F I XE D AS S E TS M ANAG E R


                                         If you are looking for a better way to track high volumes of
                                         fixed assets, improve control and ensure financial tax depreciation
                                         schedules are up-to-date, Fixed Assets Manager™ is for you.

Solving the unique challenges            Designed initially to support Arthur Andersen’s internal U.S. tax
   of today’s tax professionals          practice and consistently awarded one of The CPA Technology
                                         Advisor’s highest ratings, FAM provides comprehensive tax
                                         features and calculations along with straightforward navigation,
                                         designed to simplify daily fixed asset management tasks.

                                         Unparalleled in the breadth of functionality and ability to adapt
                                         to small business needs or complex scenarios encountered by
                                         large corporations, FAM is in a class of its own.

                                         UNRIVALED FLEXIBILITY
                                         The ability to accommodate a wide variety of business scenarios,
                                         FAM goes beyond providing depreciation information, but also
“FAM is a comprehensive,                 assists with property tax filings and state apportionment.
 feature-rich product possessing
 the flexibility and functionality to    OUTSTANDING TAX COMPREHENSIVENESS
 easily adapt to our changing needs.”    Big 4 accounting firms and Fortune 500 companies rely on
                                         FAM for its robust management features, tax calculations and
                     Susan C. Rich
             Manager, Income Taxes       reporting capabilities.
                      Pitney Bowes
                                         COMPLETE FINANCIAL AND TAX REPORTING
                                         FAM provides the reporting capabilities required to support
                                         compliance efforts and offers enough flexibility to support those
                                         unique scenarios that come up every day.

                                         STRAIGHTFORWARD INTEGRATION
                                         Import data from Access, Excel and text files; export period data
                                         into a file for transfer back into the GL of professional accounting
                                         packages; and integrate with financial and ERP platforms
                                         including, Vertex® Domestic Compliance software and
                                         SAP® Business One.

                                         SUPPORT
                                         All FAM clients are assigned an individual account representative
                                         and will receive personalized, quick responses to their needs.
UNRIVALED FLEXIBILITY                                            OUTSTANDING TAX COMPREHENSIVENESS
  Streamlines your setup and maintenance by using a                   Automatically calculates depreciation for ACRS,
  single database, which can be accessed by multiple users.           MACRS, SL and a variety of other methods.
                                                                      In addition, you can calculate SL after switching from
  Gets you up and running quickly with an MS® Explorer-style          an accelerated method and enable automatic
  interface and wizards that guide you through more                   switching at 125%, 150% and 200% declining
  complex processes, such as setup and life-to-date.                  balance. Additional calculations include:
  Works by allowing you to customize navigation, including                Short years
  windows and toolbars.
                                                                          Section 179 & Section 280-F auto limitations
  Allows you to create custom books and reports, and                      Bonus depreciation
  perform advanced searches.
                                                                          Mid-quarter convention
  Minimizes data entry by allowing you to select an
                                                                          Investment Tax Credit
  existing asset file to use as a template, giving you the
  ability to create a new file and easily copy assets, asset              Amortization
  types and user-defined fields from one entity to another.               Units of production
  Supports an unlimited number of user-defined fields to              Allows intra and inter entity asset transfers.
  support your business, allowing you to sort and
  group reports, perform advanced searches and                        Provides audit trail capability for specific tasks
  create custom views of your assets.                                 performed within the system, such as deleting entities
                                                                      and books, renumbering assets and closing years.
                                                                      System-defined asset types for all IRS-prescribed
STRAIGHTFORWARD INTEGRATION                                           tax classes.
  Includes six import types, including retirements, transfers,        Supports all asset transactions, including full & partial
  and mass updates to assets, which can significantly                 dispositions, bulk dispositions, inter and intra-entity
  reduce time spent managing your fixed assets.                       transfers and asset splits.
  Improves flow of information because FAM integrates                 Tax law updates maintained by Red Moon Solutions.
  with your general ledger and tax software so your data
  can be shared with various financial systems.
                                                                 COMPLETE FINANCIAL & TAX REPORTING
  Supports a certified integration with SAP® Business One
  and Vertex® Income Tax - Domestic™ and can integrate                40+ pre-defined reports and custom report writer.
  with various financial platforms and ERPs.                          Includes a simple process for retiring and
                                                                      consolidating data that carries to FAM’s fileable Forms
                                                                      4562, 4797, 4684, or 6252.
SUPERIOR SUPPORT
                                                                      Depreciation projection reports.
  Technical support from individuals with both tax
  and technical expertise is included for the duration                Report set creation for simplifying reporting across
  of your license.                                                    different departments or groups.
  Built-in assistance features include traditional online             Reporting capabilities required to support compliance.
  help, right-click menu options, and access to
  www.redmoonsolutions.com where FAQs and other
  self-support options are available.
                                                                 ABOUT RED MOON SOLUTIONS
                                                                 Red Moon Solutions takes pride in solving unique challenges for today’s tax
  Tutorials, data conversion, installation and other             professionals. Founded by the former Andersen CIO and head of tax technology,
  services are also available.                                   Red Moon Solutions provides specialty tax products and services. Its solutions,
                                                                 Like-Kind Exchange Matching™ and Fixed Assets Manager™, were built
                                                                 to support Arthur Andersen’s internal U.S. tax practice. PowerOLAP™, a
                                                                 cost effective business intelligence tool, is an exciting Red Moon Solutions
                                                                 portfolio addition. Red Moon Solutions is an SAP®-certified integration partner.



                                                                                                                                             TM
VISIT WWW.REDMOONSOLUTIONS.COM
OR CALL 800.224.1260 TO LEARN MORE

Fixed Assets Manager

  • 1.
    TM FAM TM F I XE D AS S E TS M ANAG E R If you are looking for a better way to track high volumes of fixed assets, improve control and ensure financial tax depreciation schedules are up-to-date, Fixed Assets Manager™ is for you. Solving the unique challenges Designed initially to support Arthur Andersen’s internal U.S. tax of today’s tax professionals practice and consistently awarded one of The CPA Technology Advisor’s highest ratings, FAM provides comprehensive tax features and calculations along with straightforward navigation, designed to simplify daily fixed asset management tasks. Unparalleled in the breadth of functionality and ability to adapt to small business needs or complex scenarios encountered by large corporations, FAM is in a class of its own. UNRIVALED FLEXIBILITY The ability to accommodate a wide variety of business scenarios, FAM goes beyond providing depreciation information, but also “FAM is a comprehensive, assists with property tax filings and state apportionment. feature-rich product possessing the flexibility and functionality to OUTSTANDING TAX COMPREHENSIVENESS easily adapt to our changing needs.” Big 4 accounting firms and Fortune 500 companies rely on FAM for its robust management features, tax calculations and Susan C. Rich Manager, Income Taxes reporting capabilities. Pitney Bowes COMPLETE FINANCIAL AND TAX REPORTING FAM provides the reporting capabilities required to support compliance efforts and offers enough flexibility to support those unique scenarios that come up every day. STRAIGHTFORWARD INTEGRATION Import data from Access, Excel and text files; export period data into a file for transfer back into the GL of professional accounting packages; and integrate with financial and ERP platforms including, Vertex® Domestic Compliance software and SAP® Business One. SUPPORT All FAM clients are assigned an individual account representative and will receive personalized, quick responses to their needs.
  • 2.
    UNRIVALED FLEXIBILITY OUTSTANDING TAX COMPREHENSIVENESS Streamlines your setup and maintenance by using a Automatically calculates depreciation for ACRS, single database, which can be accessed by multiple users. MACRS, SL and a variety of other methods. In addition, you can calculate SL after switching from Gets you up and running quickly with an MS® Explorer-style an accelerated method and enable automatic interface and wizards that guide you through more switching at 125%, 150% and 200% declining complex processes, such as setup and life-to-date. balance. Additional calculations include: Works by allowing you to customize navigation, including Short years windows and toolbars. Section 179 & Section 280-F auto limitations Allows you to create custom books and reports, and Bonus depreciation perform advanced searches. Mid-quarter convention Minimizes data entry by allowing you to select an Investment Tax Credit existing asset file to use as a template, giving you the ability to create a new file and easily copy assets, asset Amortization types and user-defined fields from one entity to another. Units of production Supports an unlimited number of user-defined fields to Allows intra and inter entity asset transfers. support your business, allowing you to sort and group reports, perform advanced searches and Provides audit trail capability for specific tasks create custom views of your assets. performed within the system, such as deleting entities and books, renumbering assets and closing years. System-defined asset types for all IRS-prescribed STRAIGHTFORWARD INTEGRATION tax classes. Includes six import types, including retirements, transfers, Supports all asset transactions, including full & partial and mass updates to assets, which can significantly dispositions, bulk dispositions, inter and intra-entity reduce time spent managing your fixed assets. transfers and asset splits. Improves flow of information because FAM integrates Tax law updates maintained by Red Moon Solutions. with your general ledger and tax software so your data can be shared with various financial systems. COMPLETE FINANCIAL & TAX REPORTING Supports a certified integration with SAP® Business One and Vertex® Income Tax - Domestic™ and can integrate 40+ pre-defined reports and custom report writer. with various financial platforms and ERPs. Includes a simple process for retiring and consolidating data that carries to FAM’s fileable Forms 4562, 4797, 4684, or 6252. SUPERIOR SUPPORT Depreciation projection reports. Technical support from individuals with both tax and technical expertise is included for the duration Report set creation for simplifying reporting across of your license. different departments or groups. Built-in assistance features include traditional online Reporting capabilities required to support compliance. help, right-click menu options, and access to www.redmoonsolutions.com where FAQs and other self-support options are available. ABOUT RED MOON SOLUTIONS Red Moon Solutions takes pride in solving unique challenges for today’s tax Tutorials, data conversion, installation and other professionals. Founded by the former Andersen CIO and head of tax technology, services are also available. Red Moon Solutions provides specialty tax products and services. Its solutions, Like-Kind Exchange Matching™ and Fixed Assets Manager™, were built to support Arthur Andersen’s internal U.S. tax practice. PowerOLAP™, a cost effective business intelligence tool, is an exciting Red Moon Solutions portfolio addition. Red Moon Solutions is an SAP®-certified integration partner. TM VISIT WWW.REDMOONSOLUTIONS.COM OR CALL 800.224.1260 TO LEARN MORE