• Asset being replaced by a Warranty from Manufacturer

    I have an interesting situation that came up from our most recent audit and I need help on how to handle next steps in Sage. Background: I am in the construction industry and we had two pieces of equipment on site that broke down much earlier than they…
  • Adjusting Accumulated Depreciation

    I have a lease in Fixed Assets that has been renewed. I need to change the acquisition dollar amount and the estimated life but keep the depreciation that has already accumulated. What is the best way to do this?