Sage Fixed Assets

We are tracking lease amortizations using Sage. When we dispose of a lease before it has been fully expensed, the Net Book Value report is still showing the remaining life and does not reflect anywhere on the report as a disposed asset. These are being…

Hello - we have a client that is asking the following - While working on our taxes for 2023, I realized I had a couple assets with incorrect Tax codes, so I fixed these. I tried to rerun the report to show the 2023 Deprecation, and all I get is the…

ran period close yesterday. moving on to January 2024. Ran the Depreciation Summary Asset Subtotal and all it lists is one asset- land. There are many more assets. What happened?

We no longer can print to the screen nor a printer due to a printer error. Help!

How do you run a net book value report for disposals in FY23

Hello, I'm working through FAS Premier Depreciation and was trying to automate some rollforwards we create from the NBV reports we pull out of FAS. The problem we are having with FAS is that the excel imports are not user friendly due to the breaks…

I have some assets that aren't yet fully depreciated yet they don't calculate depreciation when I run the monthly depreciation process. Is there a setting that I've missed? Some of the these are very old and some not that old it seems kind of random but…

When I ran depreciation for November month end, it appears that the current depreciation is multiplied by seven on all reports. Acquired Value and Current Accum Depreciation are correct. Re-running it has made no difference, even when selecting "Force…

Hello, When we process disposals between periods, the Internal depreciation calculation will not calculate for the disposed assets. The depreciation is calculated for Tax. Has anybody experienced this before? Thank you,

When will the issue with the speed of FAS reports be resolved ten months and counting? Do we have to wait until the new release? What guarantees to we have that the issue in 2014.1 will be resolved in 2015.1 or will you release another verison with same…

Hello, I have our live FAS listing in the current year (2015), and run monthly depreciation. When I am asked by auditors for FAS listing of prior years, (for example: 2011), I open a save copy of the 2011 company, create a report and send it over. However…

I have assets that were added into Sage Fixed Assets in 2015, but the actual DPIS is in 2014. I need to be able to show the Cost of the asset in the Additions column of the Fixed Asset Summary Report, not the Beginning Balance. I use this report for my…

I am running the Annual Projection Report for Internal Book for 33 years. At that time, all current assets should be fully depreciated. I would expect that the total depreciation would tie to my current Net Book Value, but that is not the case. I ran…

We recently upgraded our environment to use Citrix 7.7. While initial testing did not reveal any issues, users are now experiencing application lockups when printing. We have possible workaround that works at the time of the issue, but is not a permanent…

Has anyone encountered the problem where assets that have been fully depreciated and have a NIL net book value in the main asset record (book information screen) are not reported correctly in the standard report Fixed Asset Summary Report (ie still reporting…

Hi Everyone, I am experiencing a problem in FAS. After disposing of an asset the depreciation expense report is showing the wrong prior through date of 12/11 and therefore calculating the wring depreciation this run. I am not sure what could be causing…

Have a client that just started using Fixed Assets this past year, with 12/31/17 figured imported. They have a number of assets with a negative cost. These are calculating correctly into the Total Acquired Value, but not in Depreciable Basis on the…

We have a few assets that did not fully depreciate. I know I can fix that using the RV over estimated life instructions, but I'd like to know what causes this to see if we can prevent it in the future. Here are two scenarios: 1) Asset was set up two…

Hello, I have seen threads in other groups that discuss MS Power BI integration with other Sage products, but I cannot find anything on integration with Sage FAS. Is this possible? If so, could someone point me in the right direction?

Hello, Everytime I have transfers within the company it always results in an error with the current YTD depreciation and overstates the monthly depreciation. I then back it up a month and re depreciate but then this gets rid of all of my prior throughs…

Hi I've written some custom reports for my users. I set one up with formatting (groupings/subtotals) and proceeded to then copy it to the other companies. I notice that when I open the report in another company, the formatting (grouping/subtotals) are…

Running depreciation reports and error comes back saying - Unable to run Depreciate -- Object reference not set to an instance of an object

In Sage, I normally can click on Reports on the top menu, then Reporting, then Open Existing Report. I then would choose the Crystal .rpt filename I want to open & select the Refresh With Most Recent Information option. It would then open the Crystal…

We purchased an asset on 12/1/2021 and it does not start depreciating until 1/1/2022. The asset is not showing on the Depreciation Expense report, causing us to be out of balance for total asset value. I saw a post from 5 or 6 years ago asking for help…

When running our depreciation reports for January, it looks like it is not calculating for the month. Even though 1/31/2022 was the date entered the report is still showing December and the amounts look like YTD amounts. Not sure, but possibly we just…