Ideas related to allocating asset cost, depreciation expense and accumulated depreciation across general ledger accounts for individual assets. Applies to Canadian and Government/Non-Profit companies only.
Ideas related to how U.S. tax rules affect fixed assets; including the defaulting of tax lives and depreciation methods, the MACRS convention switch feature, tax-specific reports, and more.
We generally include all assets for a specific company within one "Sage Company", and run reports based off of a company code field within the general asset information. The issue we run into is that not all of the companies are to be included within...
Product Enhancement: When an asset is scanned it stays on the scanned asset and has to be manually taken back to the screen with the asset inventory list.
Would be more convenient/speedy to make it ready to scan the next tag once the asset is saved...
We have clients that will partially dispose of an asset, transfer the remaining portion, and then dispose of the newly transferred portion. When that remaining portion is transferred, the asset ID changes, so in order to properly reconcile the disposals...
When doing an an inventory of hundreds of items. I use the same update on certain fields. It would be nice if there was an option that can be used to automatically use the same update with out having to go in and click on it after each scan. For example...
This has been requested before but Sage needs to address this. The purpose of adding any pictures to an asset record is to help in identifying the asset. The pictures from the depreciation module need to come over to the tracking module.
I would like to see an and/or option added to the setup of a Group.
I need reports or want to see onscreen certain assets. One example is any asset that was removed.
Disposal, Transfer Out, etc... But currently if the asset does not meet both requirements...
It would ne nice if Sage has a feature where we could create batches to run the Customized reports and some Tax Form Reports like 4562 and 4797 reports. This would avoid opening each entity and running the reports for each entity separately.
There is no native way to split an asset in FAS. There are instances when splitting would be ideal. As IFRS becomes more prevalent, companies are being required to componentized their assets. For example- rather than just having a building as an asset...
One limitation I've found with FAS is the ability to transfer assets. Transfers must be performed manually within the module (there is no option to import transfers). I have about 8k assets that often move from one location to another- say 100-200 per...
