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Depreciation can be as simple as posting a journal at year end. However, if you're using Sage 50 Accounts Professional you can set up records and post depreciation as part of the month end process.
This session has taken place, but you can catch up…
Whilst, in departments, the system allows a budget to be entered for fixed asset nominal codes, NC0010 - NC0099, the system does not allow management reports to prepared showing performance against budget.
The preparation of reports monitoring fixed…
We have a healthy annual fixed asset budget which requires regular monitoring and the preparation of reports appropriate to the level of management.
We use advances departments in depth and the system allows for budgets to be applied to the fixed asset…
This session looks at the Fixed Assets ledger that available in Sage 50 Accounts. You'll learn how to:
Add records, including the option to import
The depreciation methods
How to process depreciation as part of the month end process
This session…
As you have the ability to add new nominal codes it makes sense, and would be helpful, if you could then have the option of where items are posted within the journal. For example, If there is a fixed asset account with separate additions and depreciation…
I have recently moved from an inherited spreadsheet fixed asset register to using the fixed asset register in Sage. Previously fixed assets and the accumulated depreciation were posted manually as journals.
Is there anywhere that the accumulated depreciation…
