• 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…

  • 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…

  • depreciation methods

    What depreciation method in  FAS is the same as Straight-Line Ori Mid-Month (15)   Converting assets from Great Plains software into FAS from a new acquired company.

  • 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.

  • Group annual projections

    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.

  • 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. 



    Has anyone used SAGE Fixed Assets to account for Assets under FERC Accounting Guidelines?

  • Reasons behind Remaining NBV

    Hello all!

    I wanted to see if there is a reason or setup that causes assets to have a remaining NBV. One of the things I thought about was that some of the assets were in another software system and then setup in Sage.

    I attempted to search for a thread…

  • Adding a Depreciation Book

    We're looking at adding a Depreciation book to those already in use (Tax, Internal, etc.).  Is there a way to do this what would not involve going into each individual asset to update the data?

  • 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…

  • 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.

  • 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…

  • 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,