Best Software, a business applications provider, this week unveiled its latest FAS application.

According to the company, version 2.0 of Best's FAS Construction in Progress Accounting provides better control for small- and medium-sized businesses over their capital budgets and capital asset accounting processes.

Enhancements with the 2.0 version include improved security and more detailed reporting for tracking projects. Fixed assets can be automatically transferred to Best's FAS Asset Accounting software and users can import an invoice and assign it to an asset later. 

The new FAS Construction application also includes a new import wizard with flexibility to import purchase orders or invoice data across multiple projects; a Project Snapshot that reveals the exact status of projects with graphs and charts; multiple levels of tracking and built-in reports; and the ability to manage unlimited projects of any type or size.

FAS Construction in Progress Accounting and FAS Asset Accounting are part of Best Software's FAS line of fixed asset management products, which also includes FAS Asset Inventory, FAS Report Writer, FAS Nonprofit and FAS Gov.

FAS Construction in Progress Accounting version 2.0 starts at $2,035 for a single-user license. Support and maintenance services are additional. 

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