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  • integrating fully depreciated assets

    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?
  • Beginning Balance vs. Acquisitions on FA Summary

    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…
  • incorrect purchase price entered for asset

    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…
  • Reducing the value of an asset

    Hello, An asset was added in 2018 for $248K. Due to a settlement in our favor, the asset value needs reduced to about $100K. I know I would just change the acquisition value of the asset for each of the books, but how would I handle depreciation? I…
  • 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…
  • Acquisition Reports

    In December 2022, we paid a 40% deposit on an asset and I added this asset to Sage. The asset was added but depreciation was not set to begin until January 2023. At the end of the year 2022, I ran an acquisition report and the asset appeared with the…