Sage Fixed Assets

Copy the company to a new database named for the new year or copy the company into an archive database (Example: XYZ Corporation FYE 2024). This will provide an exact duplicate of the company at the year end. If you need to obtain reports from the company…

Run the 4562 and make sure the numbers tie to the Tax Expense report. For help with this process, see these articles: How to reconcile the 4562 Form 4562 showing an incorrect year Depreciation information on the 4562 - Depreciation and Amortization…

You can run the Midquarter Applicability report to determine whether a company must use the midquarter convention for qualified assets placed in service during the selected year. The test for determining the applicability of the midquarter convention…

First, run depreciation through the year-end. For help with this process, see: How to run Depreciation For more articles on Depreciation, visit our articles page here .

Note: For all product downloads includes updates, please log on to support.na.sage.com and select your product. For the latest information about your solution, visit the "Announcements, News, and Alerts" forum Sage Fixed Assets Year End: What…

How to run Depreciation How to dispose an asset How to transfer an asset How to Apply Midquarter How to change critical depreciation fields How to report on a past or future period Depreciation this run is too high How to force depreciation…