Sage Fixed Assets: Announcing the release of 2018.1

What's new in Sage Fixed Assets 2018.1
This release includes the following items:
  • The latest tax changes to allow you to take advantage of the new rules under the Tax Cuts and Jobs Act of 2017.
  • Sage Fixed Assets Reporting is updated to SAP Crystal Reports v2016.
  • Security updates and other enhancements.
For more information about these items and other release updates, see the Sage Fixed Assets 2018.1 Release Notes.
Download instructions
Important: Before upgrading, consult with your business partner or Sage to ensure that this update is compatible with customizations, integrated applications, and other configuration options. If you install this update independently, you assume responsibility for any impact on your system.
 
If you are using Sage Fixed Assets 2017.1 or newer, it’s quick and easy to download the 2018.1 release via Sage Advisor Update. If you are using a version earlier than 2017.1, follow the steps to download the release from the Sage Knowledgebase.
Sage Advisor Update (version 2017.1 or newer)
Sage Advisor Update may have already notified you about the availability of this release via a pop-up message in the Microsoft Windows system tray. Didn’t get the notification? No problem—simply follow the steps below to get the release via Sage Advisor Update:
  1. Go to Start > All Programs > Sage > Advisor Update > Sage Advisor Update.
  2. If the 2018.1 release isn’t listed, click Check for Updates.
  3. After the release is found, select it and then click Download & Install or Download Only and then follow the prompts to complete the process.
Sage Knowledgebase
To upgrade to Sage Fixed Assets 2018.1, download the product update from the Sage Knowledgebase or contact your Sage business partner:
  1. Click the following link to open the Download Portal article Sage Fixed Assets Download Portal.
  2. If you are not logged on, click Log On in the right-hand corner of the page and log on with your Customer Portal user name and password.
  3. In the Related resources section, select your product.
For detailed information about installing the software, see the applicable guide below:
Questions?
We're here to help! Contact your Sage business partner, visit Sage City to join product discussions, search articles in the Sage Knowledgebase, or chat with an expert.
 
And for year-end tips, updates, and information, visit the Sage Year-end Center at www.SageCity.com/YearEnd—bookmark it today!
Anonymous
  • Hello NBC, Regardless of the asset's life, if the property is eligible for bonus depreciation for regular tax purposes, then there is no AMT adjustment. Thus, either: The AMT book should be set to use the same depreciation method, life and bonus amount (if manually entering an asset, the system will default these to be the same). Thus, the depreciation is the same for both books (no AMT adjustment). Or, if you no longer are subject to AMT, then you can close the book. Here is more information on how to close a book inside the Sage Fixed Assets application: How to close a book .

  • Hello! With the new tax law in effect, what would be the treatment for AMT book for personal property 5, 7 & 10 year life if we are taking 100% bonus depreciation

  • To us an asset is a line item which needs to meet certain criteria. If you define it as a Personal or Real property, then we know what to tell you. I am sure I have seen assets which would fall into the catagory of “equipment maintenance” but we would not necessarily know “equipment maintenance” from a table or a computer.

  • Hello...does the fixed assets module contain equipment maintenance?  Tks.