Setting up assets in history mode

Question

Hello, 
 
 I am new to Sage. I am running Sage 50 Premium. I need help in setting up the accounts to set up my fixed assets. I am coming from a manual system so I am entering all of my info in history mode at the moment. Any help would be greatly appreciated.

RandyW · Accepted Answer

Hi, 
 Sage 50 Canadian does not have a Fixed Asset system, so use your judgement and what you know about the company to set up your account numbering with enough room between the account numbers to add Depreciation / Amortization and summary 'net' accounts. 
 It's possible to use the Inventory system to keep a list of your assets (in a separate G/L account from other inventory), but there's no Depreciation / Amortization functionality of course.

Sage 50 Canada

Setting up assets in history mode

Top Replies

COMMUNITY

COMPANY

PARTNERS

SUPPORT & TRAINING