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Hi all, This is the first year I have needed to use the Sage fixed asset reporting software. I am attempting to gather prior year accumulated depreciation for a client, but am having trouble with the depreciation summary report wanting to pull in current…

I am testing importing our assets each month and have built a spreadsheet with what I believe to be all the required fields. When I go through the steps to validate, I'm getting a message unknown depreciation method for 3 of the field. That the depreciation…

How do I enter a land asset in Sage with a useful life of zero?

Background: Our base software was acquired and placed into service on 1/1/2019. Useful life is 5yrs. Enhancements were done and placed into service on 4/1/2019. What is the best approach for the setup of the enhancement asset? Setup as a separate asset…

Hello, I have seen threads in other groups that discuss MS Power BI integration with other Sage products, but I cannot find anything on integration with Sage FAS. Is this possible? If so, could someone point me in the right direction?

I want to do a transfer between two categories I have in Sage Fixed Assets. Those categories are Gas Plant and Support Equipment. I want to transfer an asset from Support Equipment to Gas Plants. The useful life will be the same. How do I do this…

I'm trying to export this information along with some of the general asset list information into excel, and I cannot see a way to easily export this information. I'm hoping its just something I'm missing seeing where the report or option is to do so.

We have about 60 individual companies I need to run annual projections for; is there any way to run as a group report rather than one by one? I'm using version 2019.1.

I frequently have situations where I have a project that went into service in November 2018, and I did not find out about it until the current month in 2019. I setup the project in SAGE with a 2018 in-service date. When SAGE calculates depreciation in…

It will not allow me to change it back to 39/MF100 for this year. I am getting an error message that says the 39 year useful life is invalid when I try to change it back.

We are wanting to change the useful lives for a class of assets from 7 years to 15 years as of 1/1/2017, without changing any of the prior accumulated depreciation amounts up until that point. I’ve been playing around and doing some research, but everything…

My computer locked up while I was in Lite Depreciation. Now when I try to open the software it says I am currently logged in. We only have a one user license so I can not open the software. Dose anyone know how I fix this?

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 there a detailed document on how the Units of Usage Depreciation works available? An incorrect number of units was entered for a particular month and needs to be corrected. It accepts a negative number but doesn't change the Total Units Used Balance…

Is it possible to add Salvage Value to the Asset list grid as a column? Most other fields area already available. This would be very useful to be exported.

How do I find KB ID 49911

While watching a webinar.. Sage Fixed ASsets Overview: Planning, Tracking, and Depreciation I noticed this picture. When will this be available? It sure would be a nice function to have when doing inventory for items we aren't sure what we looking for…

Edit FIXED - see edit below OK, so FAS 2020.1 Network Depreciation - User's current workstation works fine (she is currently on 1903), as do two others (also on 1903) - so I know that permissions are set correctly on server for the user in question…

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…

Hi I've written some custom reports for my users. I set one up with formatting (groupings/subtotals) and proceeded to then copy it to the other companies. I notice that when I open the report in another company, the formatting (grouping/subtotals) are…

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

I inherited my Authority's current Sage Fixed Assets predicament and we have about 300 disposals we need to do for year end. We are stuck on version 2014. My question is in which version did the mass disposal option become available,? If it was prior…

Hello, I have a question regarding the Mask Field output. I understand that for custom fields the character limit is 25. Prior to the 2021 update, when I would upload data to a custom field that was greater than 25 characters, it would truncate the…

Hi I have a location using MF100 on their internal books. They would like the asset to have a life of 12 years which is not currently an option. Is there anyway to add a 12 yr life? I know that accelerated methods are typically reserved for tax books…

I am currently conducting a physical Assets verification and tracing the assets to the Fixed Assets Register. I have just discovered that 100 Chairs were bought and the Accountant then assigned one asset number to all the 100 chairs. The question I have…