• Adding estimated life to accelerated Depr method


    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…

  • How do I tweak an asset so I can dispose of it without it taking a month's worth of depreciation in same month of disposal

    I have a user trying to dispose of an asset in beginning November without Sage taking depreciation for November.  Is there a way to do this?  We also use the period close feature so retiring at the end of October is not an option.  I'm assuming Sage is taking…

  • 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?

  • Tax Depreciation for Autos With Bonus

    I have 3 questions related to this topic.

    1. Our company's tax advisor says that for luxury automobiles that have 100% Bonus (e.g. $18,000 for a car purchased in '18), they should have no more tax depreciation on them till year 7.  The way Sage software…
  • 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. 


  • Leased Assets (GAAP 842)

    Does anyone know when the updates will be available for leased assets?  The support page was last updated in November of 2017, saying that Sage fixed Assets will offer additional lease accounting features.  

  • 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…

  • Straight Line Method Outdated???????

    In setting up a new asset, I always choose Straight Line method but I always get a message saying this method is Outdated.  Which method should I be choosing instead?  MF200 (MACRS formula) is the method that seems to be the default.

  • Unable to use MA100 for Real Property with a 2016 In-Service Date

    I am trying to select MA100 for the tax depreciation method on an asset added with an in-service date in 2016 with the R property type. The MA100 is no longer in the dropdown box. If I change the acquisition year from 2016 to 2015, then I am able to use…

  • 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…

  • What is the best method for setting a period close after the actual period close date?


    I forgot to set the period close date when we closed our fiscal year.  We have since run four months of depreciation, with no "reset date" that will work for resetting, running a period close, and then re-running depreciation for the affected assets…

  • Assets not depreciating (amortizing) as expected


    We have intangible assets that are not depreciating properly in the final year of their life.

    At the end of the prior fiscal year, the NBV and depreciation amounts were correct.  I closed the period, as usual, and ran depreciation in period 1 of…

  • Disposals


    When we process disposals between periods, the Internal depreciation calculation will not calculate for the disposed assets. The depreciation is calculated for Tax. Has anybody experienced this before?

    Thank you,