• Bonus Depreciation

    In 2023, 80% of asset purchases can have their depreciation booked immediately (so instead of spreading it over the useful life…the cost of the asset is booked to A/D immediately). How do we accomplish going back and taking the bonus depreciation in Sage…
  • Section 179D Deduction Calculation In Sage FA 2016

    I'm having a disagreement with my company's internal tax accountant. She is claiming that Sage FA is not treating the 179D deduction for the HVAC unit in a new building. From what I can see & have rechecked Sage is calculating depreciation correctly…
  • Import assets from newly acquired company

    Hello, I am trying to import assets from a newly acquired company. I received an excel file that contains all the critical fields. It also contains a field for assets that have taken 179 bonus depreciation at 100% and some assets with 50% bonus. These…
  • Import fixed assets previously amortized but not fully amortized yet

    Hi I'm trying to import FA that used to be depreciated into another software (GoSystem) and on some of the assets Sec 179 bonus was taken in the past. I read through this article, but it doesn't mention what field in custom import should we use to import…