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  • depreciation on assets being disposed of

    We are selling a division of our company on March 15th, along with all of the assets. We want to calculate 1/2 month of depreciation expense for March on those assets. If I dispose the assets using a disposal date of March 15th, with the 1/2 month of…
  • Dispose an Asset After Depreciating

    Hi There, We had an asset that was disposed of earlier this year however we continued depreciating it throughout the year as we didn't know about it until now. When I try to dispose of it on the date it was disposed of SAGE will not let me as it has…
  • Disposal of Asset after Depreciation was run - Actions Needed to fix

    FormerMember
    FormerMember
    I have to dispose of an asset, for the month of Dec, however depreciation was already run through the month of Jan. Can someone confirm the steps needed to fix this? Below is what I am thinking: 1. Reset Depreciation (there were no prior period closes…
  • Disposal of a non-existent asset

    Recently found out that a company billed us in error and in turn we set up an asset we never had in December 2018. Vendor gave us a credit memo for the asset which we took against payment of other invoices in October 2020. I need to dispose of this asset…
  • Asset Sale

    In May we capitalized an asset. In June we decided to sell to a customer instead. I disposed at a gain on sale of the asset. However the disposal report is not showing the current accumulated depreciation we ran for May and June. Why?
  • How to Use Sage Fixed Assets for Group Depreciation

    FormerMember
    FormerMember
    We currently have all of our computers, monitors, etc. listed as individual assets in Sage Fixed Assets. However, we would like to start using group depreciation instead by consolidating all our computer hardware into one asset. Each month we would add…
  • 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…
  • Error when trying to open an disposed asset to edit

    Hi, My client is using Sage Fixed Assets Depreciation Network version 2019.1.2 and is having an issue trying to open a disposed assets. When you click on the Asset on her workstation to open it up she receiving the below error. It works on the server…