• asset not found

    I have an asset on the Net Book Value report, yet when I try to dispose of that asset, it says asset not found.
  • Sage FA - Disposals

    Can we make a copy of a company FA say 2023 and begin disposal entries while keeping the 2024 original as is? How can we do this?
  • Does the quantity field have any use than information only?

    A client has quantities for most assets and does partial disposals of those assets. The disposal procedures and calculations appear to not recognize quantities, as partial disposals are based on amounts only. Nor is the asset quantity affected by a partial…
  • depreciation on assets being disposed of

    We are selling a division of our company on March 15th, along with all of the assets. We want to calculate 1/2 month of depreciation expense for March on those assets. If I dispose the assets using a disposal date of March 15th, with the 1/2 month of…
  • Asset Disposal Not Giving Proper Gain/Loss

    Hello, We have finished running depreciation up until July 31 and are trying to dispose of an asset Aug 1. We received no funds and the loss should equal the NBV at that date, $8.36. When I go to dispose of the asset, the "Asset Information" box…
  • Dispose an Asset After Depreciating

    Hi There, We had an asset that was disposed of earlier this year however we continued depreciating it throughout the year as we didn't know about it until now. When I try to dispose of it on the date it was disposed of SAGE will not let me as it has…
  • Vehicle Trade In

    We traded in a vehicle for $26k this month (fully depreciation on internal, but not on tax books). What method do I use to dispose of the vehicle? This vehicle was created with a property type of 'P'. When adding the new vehicle, do I use the full purchase…
  • Disposal of Asset after Depreciation was run - Actions Needed to fix

    FormerMember
    FormerMember
    I have to dispose of an asset, for the month of Dec, however depreciation was already run through the month of Jan. Can someone confirm the steps needed to fix this? Below is what I am thinking: 1. Reset Depreciation (there were no prior period closes…
  • How can I dispose of an asset that is not fully depreciated?

    FormerMember
    FormerMember
    We are selling a building that has a number of assets that we inactivated when the building became vacant about 2 years ago. We have now sold the building and want to dispose of the assets that were inside the building. They never fully depreciated and…
  • Disposal of a non-existent asset

    Recently found out that a company billed us in error and in turn we set up an asset we never had in December 2018. Vendor gave us a credit memo for the asset which we took against payment of other invoices in October 2020. I need to dispose of this asset…
  • How do I tweak an asset so I can dispose of it without it taking a month's worth of depreciation in same month of disposal

    I have a user trying to dispose of an asset in beginning November without Sage taking depreciation for November. Is there a way to do this? We also use the period close feature so retiring at the end of October is not an option. I'm assuming Sage is taking…
  • Why does Gain/Loss turn to 0 after Period close is run for month?

    So my user did a bunch of disposals for the month of May. A few assets had a gain/loss from disposal. She ran her depreciation and then Disposal report for May to verify all looked correct. She proceeded with Period close for May. The other day she…
  • Asset Sale

    In May we capitalized an asset. In June we decided to sell to a customer instead. I disposed at a gain on sale of the asset. However the disposal report is not showing the current accumulated depreciation we ran for May and June. Why?
  • How to Use Sage Fixed Assets for Group Depreciation

    FormerMember
    FormerMember
    We currently have all of our computers, monitors, etc. listed as individual assets in Sage Fixed Assets. However, we would like to start using group depreciation instead by consolidating all our computer hardware into one asset. Each month we would add…
  • Net Book Values on Fully Disposed Assets

    I feel like I must just be missing something obvious but I can't for the life of me figure out why I've got a bunch of old, disposed assets that have small residual net book values still remaining. These assets are gone, they are off our books in the…
  • Reducing Value of Fully Depreciated Asset

    Trying to reduce the value of a fully depreciated asset. When the change is saved, I get the notice "critical depreciation change" page with 4 options: 1) placed in service date, 2) beginning date, 3) period close date {this is grayed out}, 4) current…
  • GL posting report for Disposal

    Hello, Is there a GL posting report for disposals? I am new to Sage. Right my company use oracle fincancial and Sage is not linked to Oracle. When we dispose an asset , we have to make manual entries. Is there a way we can have a GL posting report for…
  • Error when trying to open an disposed asset to edit

    Hi, My client is using Sage Fixed Assets Depreciation Network version 2019.1.2 and is having an issue trying to open a disposed assets. When you click on the Asset on her workstation to open it up she receiving the below error. It works on the server…