Herndon, Va. (Sept. 10, 2003) -- A long-awaited integration between Best Software’s FAS Gov fixed asset management and MIP Fund Accounting product lines for nonprofit organizations and government agencies is now available.

The latest version of FAS Gov enables joint MIP Fund Accounting and FAS Gov Asset Accounting customers to easily create and transfer assets, post depreciation, and report depreciation information between the MIP and FAS Gov solutions, according to the company.

The integration is currently found in version 5.0 of MIP Fund Accounting and MIP Government Series products and in version 2002.2 or higher of the FAS Gov Asset Accounting product.

"We've eagerly anticipated this new integration between FAS Gov and the MIP Fund products,” said Pat Lavine, president of Brownsville, Texas-based MIP reseller Lavine BMC Technologies, LLC. “Best Software offers nonprofits and state and local government agencies a truly integrated, easy-to-use fund accounting solution, helping them demonstrate financial and organizational accountability to constituents, and remain in compliance with government regulations."

The integration is included free of charge to existing users. New customers must purchase both FAS Gov 2003.1 and MIP Fund Accounting or MIP Government series 5.0 in order to receive the integration. Standard pricing applies for both products.

A FAS Gov Asset Accounting single-user License starts at $2,295, excluding support. MIP Fund Accounting Pro version 5.0 starts at $2795. MIP Fund Accounting Intro version 5.0 starts at $1295.

The FAS Gov Asset Accounting product offers fixed asset accounting, depreciation, and reporting tools for government, school, and non-profit organizations needing an effective fixed asset management solution to help them comply with GASB 34 and 35 requirements.

MIP Fund Accounting features nonprofit accounting software for state and local government agencies, as well as nonprofit organizations of every size and budget.

-- WebCPA staff

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