• Assets are no longer depreciating and are not fully depreciated either?

    I have many assets that have 'no activity'.  They have been lumped together in my reports under a one line total.  I have run a current depreciation expense report and have them listed individually now.  But they are not fully depreciated.  There…

  • Depreciation rates

    Hello!  We use the Sage Premier product. I'm wondering if there is any way to see what rates are being used for depreciation for each method?  I've not seen it in a table. I assume it may come with the updates and be in the software itself. Is there…

  • Transfers Always Result in Having to Re-Depreciate Whole Year


    Everytime I have transfers within the company it always results in an error with the current YTD depreciation and overstates the monthly depreciation. I then back it up a month and re depreciate but then this gets rid of all of my prior throughs…

  • Over - depreciated assets

    Hi - I have two questions.  First, back in 10/31/19, we changed the estimated lives of all assets that had either 30 years or 27.5 years to 40 years in the tax books.  At that time, we made the change using the "current thru date" not realizing that the…

  • Beginning YTD and Year-End Cutover

    Fiscal year end for a company is 12/31/2019. 

    They've been keeping their books in another system.

    They want to import assets with depreciation already taken through 12/31/2019.

    Is it necessary to import into the Beginning YTD field?

    The documentation…

  • Depreciation method for half months

    Are there any depreciation methods that will calculate depreciation by half months? If an asset is entered in the last half of the month, a half months worth of depreciation will be calculated in the month it in entered?

  • Amortizable asset auto populating 5 year SF, but I need it at 15 year estimated life.

    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.

  • Depreciation to the Day

    Our company is getting acquired and we need to post depreciation to the day before the new corporation purchases all our assets.  How can I do this?

  • Straight Line Calculation

    Is there somewhere that I can find details on the formulas used by sage to calculate deprecation?

    We are moving from Lawson Fixed Assets to Sage Fixed Assets and our calculations are not coming out correctly. 


  • Need to Dispose an Asset in March That Was Setup in Error in February 2019 Without Messing Up 2019 Depreciation

    I setup an asset in Sage in error in February 2019.  I need to dispose of the asset as of March 2019.  If I backdate the disposal to March 2019, will that cause any errors in depreciation for 2019?

  • Sandbox Test Area for Sage Fixed Assets

    Is there a sand box for Sage Fixed Assets where I can test running depreciation twice for February 2019?

  • Impairment of LHI Assets

    At the end of 2017, I set up impairment contra-assets in order to write down the value of the Leasehold Improvements booked prior to the impairment analysis.  I set them up so that they would fully depreciate at the end of the lease, as the LHI assets…

  • 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…

  • 168 Depreciation on Vehicle over 6000lbs

    How does Sage differentiate between a vehicle that weights over 6000 lbs and one that weigh less than 6000 lbs as the deprecation amounts differ between these two types of vehicles?


  • 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…

  • Remaining Value Method


    I have some assets that were Place in Service on 1/4/17, estimated life of 5 yrs. 6 mo.,  depreciation ran through 7/31/17, and all have a SL depreciation method. I was notified that assets had to be accelerated to be fully depreciated by 8/31/17…

  • Luxury auto calcs wrong in years subsequent to a section 168 bonus election

    Bonus Depreciation on luxury autos. I have posted on this site regarding this issue before yet after 3 years, I still cannot get a straight answer. For a luxury auto placed in service in years with 50% bonus depreciation, the allowable section 168 bonus…

  • Section 179D Deduction Calculation In Sage FA 2016

    I'm having a disagreement with my company's internal tax accountant.  She is claiming that Sage FA is not treating the 179D deduction for the HVAC unit in a new building.

    From what I can see & have rechecked Sage is calculating depreciation correctly…

  • Depreciation method

    Dear all,

    I would like to seek the advice as below situation:

    We purchased a fixed asset USD 1,000 with 5 years of estimated life.

    Regarding the depreciation policy in our country, we need to discount 10% of the acquisition value to calculate the depreciation…

  • Fixed Asset Depreciation

    I am using Sage Fixed Assets - Depreciation (Version 2014.1)
    there is an asset that does not seems to depreciate
    it is the last cycle, but it cant seems to be fully depreciated
    is there anyway to solve?

    I have tried forced depreciation, but it cant seems…

  • Help with some items 2015.1

    I have a team that is going to meet with me tomorrow to discuss the following items with Support unless I get them from other sources.  I went to knowledge base, so I figured this was the next step in the process.  Here are the items we could use some help…

  • 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…