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LAWRENCE, KS, February 2, 2004 --DataTeam
Systems, Inc., a leading source for fund accounting software for
local governments and education, announces new upgrades to their
Fixed Asset Inventory2 software.
"DataTeam has released two new versions,
Fixed Asset Inventory2 and Fixed Asset Inventory2+GASB.
Both systems are similar with the exception that FAI2+GASB
includes depreciation and reporting on those depreciations.
"This is a major upgrade from the old system.
There are many new features, like better imports and the GASB reporting
capabilities that come with depreciation, "claims engineer
Mark Hightree."
"The "heartier" FAI2
allows users to convert their own data, customize their reports,
and add new fields they can track at any time. This extended upgrade
allows FAI2 to fully integrate with Accounts Payable
entry so that any item entered is automatically forwarded to FAI2.
With FAI2+GASB, the user can easily
manage both expensed and capitalized items while the system automatically
calculates depreciation over the life of the capitalized asset.
Fixed asset Inventory2+GASB was released the last week of January
2004.
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