Sage Fixed Assets

Hello, I added many old assets to SAGE but I'm still struggling with the older assets that are on their second half of life . For example, my building that was put into service in in 1991 is only 32 years through its 50 years but when I put in 18 years…

Hello, I recently added 178 lines to a new company in SAGE. These assets had 3 different class codes and were all depreciation method RV. For some reason when I run the depreciation projection, 41 of them are showing as 0 and I can't figure out why…

We acquired a company where all the assets were fully depreciated. I am trying to add the fully depreciated assets to our Sage Fixed Assets program. How do I add an asset with value that is already fully depreciated?

What does this error mean? Thanks

According to the tax regulation, bonus depreciation now ramps down to 80%, starting in 2023. However, in the software, the input dropdown option is either 50%, or 100%. How to make the software calculate an 80% bonus depreciation on the fixed assets?…

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…

Does Sage have a file where it stores the depreciation of an item for each month???? I'm trying to pull data from Sage and using it in a business intelligence dashboard.

New to SAGE FAS but very familar with SAP and Oracle. I would like to create an export file (excel or XML) that contains the list of our assets with their future period depreciation projections by each individual asset. The standard report only shows…

Hi, my company is using FAS Premier Depreciation and Tracking software. We have an Application server with FAS installed and then we have a SQL server instance with the production DB on it. We are in need of creating a 2nd SQL DB but on a differnet SQL…

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,

We use Microsoft Dynamics SL as our accounting software and were looking at purchasing the GL Link, but I see there are a couple of options. Is one better than the other? Deciding between the Universal Link and Microsoft SL specifically. I was told…

Hello, We have intangible assets that are not depreciating properly in the final year of their life. At the end of the prior fiscal year, the NBV and depreciation amounts were correct. I closed the period, as usual, and ran depreciation in period…

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 often have new additions that have a in-service date from several months ago, but the cost was not recorded until the current period. I know that I can back-date the acquisition date and/or the in-service date and catch up depreciation will be calculated…

Our company has been using Sage Fixed Assets for about a year. When I was gathering all my info for entering the assets in for the first time, there was an issue with the previous software and the result is that an asset was entered with a purchase price…

When running a depreciation expense report is there any way to adjust the column width as with the newest update it appears to have changed something as instead of numeric values I get XXXXXXX because the number is too large for the column width but cannot…

Hello, I forgot to set the period close date when we closed our fiscal year. We have since run four months of depreciation, with no "reset date" that will work for resetting, running a period close, and then re-running depreciation for the affected…

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…

Has anyone else had issues with FAS Network Depreciation not starting after the splash screen. The login comes up and then the progress bar completes and the program never starts. Sage has had me do a reinstall after renaming a folder but the issue happens…

I am using Sage Fixed Assets - Depreciation (Version 2014.1) there is an asset that does not seems to depreciate it is the last cycle, but it cant seems to be fully depreciated is there anyway to solve? I have tried forced depreciation, but it cant…

Dear all, I would like to seek the advice as below situation: We purchased a fixed asset USD 1,000 with 5 years of estimated life . Regarding the depreciation policy in our country, we need to discount 10% of the acquisition value to calculate the…

Our purchasing department uses corporate credit cards to make certain purchases throughout the year. However, these purchases don't always get entered into the G/L in a timely manner so I find out months later a certain item was capitalized and now shows…

Hello, I have some assets that were Place in Service on 1/4/17, estimated life of 5 yrs. 6 mo., depreciation ran through 7/31/17, and all have a SL depreciation method. I was notified that assets had to be accelerated to be fully depreciated by 8…