Sage Fixed Assets

Hello, I know there are instructions on the Sage website for updating Sage premier fixed assets from Version 2022.1 to 2023.1. I was wondering if anyone had instructions for this update if you’re not going through the Sage advisor, and are just updating…

Dear Team, I’m receiving an error in sagefas 500 when attempting to add a new asset with a service date from January, 2020 that states "placed in service dates after 2019 are not allowed". Please advise as it seems it the limitation of the system…

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…

Hi all, Has anyone had issues installing the client from a location other than the server? I'm hoping to package the install and install it to a VDI. thanks, Rob

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…

I have a team that is going to meet with me tomorrow to discuss the following items with Support unless I get them from other sources. I went to knowledge base, so I figured this was the next step in the process. Here are the items we could use some help…

I inherited a messy set up in our FA system. The current GL numbers don't match ours and a lot of the descriptions are off (for example, it could say 'Marketing Depreciation' but actually routes to R&D). Currently, the GL accounts are formatted as…

Our company is using a standard enterprise combination of Citrix VDI and VMWare to provide Virtual Windows Desktops that the Sage client is running in. The 2016.1 release is causing issues with the new Sage licensing, as every time an employee logs…

I am trying to run a report that shows all my assets that have a $0.00 NBV, For this I created a customized group, on the screen it shows 56 assets, however when I go to print the report it only gives me 15 assets, which is wrong. I have tried running…

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 realize the standard policy on "legacy" versions of software, however, I'm stuck between a rock & a hard place. We do not use FAS on a daily basis - maybe once or twice a month. We have a small DB, and we haven't upgraded since 2011. The Chat tech support…

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…

We have a client still running Download for Sage Fixed Assets - Depreciation Network (FAS 100 Asset Accounting) v.2012. Since Sage no longer has downloads for v.2013 or 2014 on their portal, I'm reaching out to see if anyone may have copies squirreled…

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 are planning on upgrading our SQL from 2012 SP3 to SP4 (11.0.7001.0). I just wanted to see if others have already done this, and if they had any issues.

pp-communityhub.sage.com/.../FAS-Install-Client-Problem.docx We recently upgraded our FAS server side to 2018.1. I am attempting to install the Premier Client on Windows 7 workstations. After the installation and reboot when trying to open the Premier…

Hello all, We want to reclassify an asset from machinery to computer equipment. We originally had this asset set up with an estimated life of eight years, now we need it to be changed to five years. The asset has been depreciated for six months already…

Do you have a matrix or template we can follow for our finance department? We have 3 roles: - FAS500 Sys Admin - for IT to add users - Finance Admins - for Finance to add/modify a company - Finance Users - for Regular Finance Staff We are getting…

I have an amortizable asset that is a 15 year estimated life asset, but the system is automatically making it a 5 year asset. I have a similar asset placed in service 1 month earlier that worked just fine. This was placed in service 12/17/2018.

Is it possible for make fields required based off other field values? For example, we want to require a serial number and model number for assets in a specific class.

Fiscal year end for a company is 12/31/2019. They've been keeping their books in another system. They want to import assets with depreciation already taken through 12/31/2019. Is it necessary to import into the Beginning YTD field? The documentation…

Hey, I'm having an issue with our FAS server. I had to manually download the patch update, 2020.1.1 Service Update, from the website since our firewall is flagging the update from the Sage Advisor Update as a virus. Anyways, I have the patch installed…

I think it would be nice to be able to export, update, and re-import asset templates. We have a lot of asset template set up to simplify adding assets.Since it requires a date / year to be entered it would be nice to update them on an annual basis. I…

Hi! I am having a hard time adjust beginning accumulated depreciation in an asset. I am trying to force Accumulated depreciation as our GL is off compared to Sage since we had a ransom ware attack. For some groups of assets it wont let me change the…

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