ASSET/PACK is a complete fixed asset management system. It allows the entry and storage of all information on business and/or personal assets from purchase through sale or disposal, including prior and current depreciation. ASSET/PACK includes all Federal depreciation methods and conventions, including MACRS using mid-year, mid-quarter or mid-month. Custom amortization and depreciation tables may be created. ASSET/PACK supports four books including Federal, State, AMT and Book for bookkeeping. It calculates depreciation and amortization annually or monthly using your choice of method, life, convention or period