Sage Fixed 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?

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…

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…

Currently the Asset List columns are fixed and can't be changed ,however, you can work around this by using one of the Custom Fields which do show in the Asset List. For example you could rename Custom Field 5 to Acquisition Val (The abbreviated name…

When 'selling' assets to another company in our Sage database at INTERNAL NBV, what is the fastest way to sell about 200 of them? Also, what is best way to have the Internal book, NBV be the new acquisition amount for Tax Book depreciation in the new…

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 just received a refund on an asset that was placed in service/added to FAS on 3/01/2019. I need to lessen the Acquired value by $1,000 Which critical depreciation option should I select for this (out of the 4 options from the pop up box)? Do I need…

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…

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…

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…