Board approves RCI fixed-asset inventory services and FAMP software
Trustees approved contracting RCI for fixed-asset inventory and management services including the FAMP 11.1 software to support inventory controls, depreciation calculations and GASB 34 financial reporting. The motion passed 7–0.
The full story
Finance Director Alissa Sanchez presented a proposal from RCI for fixed-asset inventory and management services that include the FAMP 11.1 software system. The presentation described functions to assist districts with inventory controls, depreciation calculations and financial-reporting requirements under GASB Statement 34.
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