RCI Technologies, Inc. (RCI), a consulting company, provides a state-of-the-art fixed asset inventory management system.

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The RCI Fixed Asset Management Program (FAMP) is specifically designed to support:

•           Generally Accepted Accounting Principles (GAAP), including GASB 34.
•           Insurance Valuation Reports.
•           Government Accounting, Auditing and Financial Reporting (GAAFR).
•           Asset Stewardship from Fund Encumbrance through Final Disposition.

 In support of various stewardship, insurance and financial reporting requirements:

•           RCI will provide and can maintain accurate baseline fixed asset inventory.
•           RCI will identify every appropriate item and record its description, location (room and/or floor), quantity,and model or serial number as applicable.

•           Stewardship responsibilities are made easier by use of bar code technology.
•           Historical cost (actual or estimated) research is available in support of GASB 34 or other requirements

 Software:

•           RCI believes that each client should be able to manipulate, add and delete data related to its assets as it becomes necessary.
•           The RCI Fixed Asset Management Program Software is provided as an integral part of the overall project and is included with each FAMP job.
•           The RCI program is designed to depreciate using the straight-line method.  It will depreciate each item for the number of years of useful life based on the purchase date, salvage value, and cost. 
•           Provides the flexibility to separate assets by areas of responsibility.