Financial Computer Systems, Inc.  
 
 
Lease accounting software and services for lessees
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  Financial Computer
Systems, Inc.
  196 Danbury Road
Wilton, CT 06897
 
 (203) 761-7915
 sales@ez13.com
 
Welcome to Financial Computer Systems
Financial Computer Systems is a major independent provider of lease accounting software and services to help corporations throughout the United States and Canada. Our services satisfy the requirements of accounting regulations FAS-13 (Accounting for Leases) and the Canadian equivalent, CICA 3065, as well as the largely similar regulations effective in many other industrialized nations covered by the International Accounting Standards Board's IAS 17. FCS has been in the business of computerized lease accounting solutions since 1975, even before FAS-13 was issued. We are experts, with a particular emphasis on accounting for lessees (those who pay rent and have use of the assets being leased). We can help you not only do your lease accounting, but also make wise decisions about when to buy and when to lease, structure leases for maximum benefit, and learn from the experiences of others. Our solutions provide complete accounting for both capital leases and operating leases, including operating leases with scheduled rent increases as described in FASB Technical Bulletin 85-3.

Just released - August 2007: The new EZ13TM lease accounting software for lessees. Find out more or get the free download.

 
Leasing is an over $200 billion a year industry in the United States, with countless billions more in business worldwide. Follow the links to discover why people lease, what people lease, what the accounting rules are, a glossary of common leasing terms, and how FCS can help you meet the regulations.
 
FAS-13 is changing (Sep. 2006): The FASB has started a project to revise its lease accounting standards. Read more about how this will affect you. See also the August 2007 update, and a February 2008 Chain Store Age magazine article on the impact of the revision on retailers.
 
We also offer computer programming services on the Digital Equipment Corporation RSTS/E operating system.
 
Our Family Computer Services division provides computer installation, upgrades, and training at your location for homes, home offices, and small businesses in the Stamford/Norwalk, CT, area.
 
 
   
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