Sage Fixed Assets

Hi, my company is using FAS Premier Depreciation and Tracking software. We have an Application server with FAS installed and then we have a SQL server instance with the production DB on it. We are in need of creating a 2nd SQL DB but on a differnet SQL…

When I ran depreciation for November month end, it appears that the current depreciation is multiplied by seven on all reports. Acquired Value and Current Accum Depreciation are correct. Re-running it has made no difference, even when selecting "Force…

Has anyone else had issues with FAS Network Depreciation not starting after the splash screen. The login comes up and then the progress bar completes and the program never starts. Sage has had me do a reinstall after renaming a folder but the issue happens…

We have a client still running Download for Sage Fixed Assets - Depreciation Network (FAS 100 Asset Accounting) v.2012. Since Sage no longer has downloads for v.2013 or 2014 on their portal, I'm reaching out to see if anyone may have copies squirreled…

Hello all, We want to reclassify an asset from machinery to computer equipment. We originally had this asset set up with an estimated life of eight years, now we need it to be changed to five years. The asset has been depreciated for six months already…

Do you have a matrix or template we can follow for our finance department? We have 3 roles: - FAS500 Sys Admin - for IT to add users - Finance Admins - for Finance to add/modify a company - Finance Users - for Regular Finance Staff We are getting…

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.

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…

I think it would be nice to be able to export, update, and re-import asset templates. We have a lot of asset template set up to simplify adding assets.Since it requires a date / year to be entered it would be nice to update them on an annual basis. I…

Hi! I am having a hard time adjust beginning accumulated depreciation in an asset. I am trying to force Accumulated depreciation as our GL is off compared to Sage since we had a ransom ware attack. For some groups of assets it wont let me change the…

Hello, We recently upgraded to Sage Fixed Assets Premier Depreciation 2021.1, and the program is crashing when I run depreciation reports. Not always, but more often than not. Depreciation appears to be calculating correctly. I talked with my IT team…

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…

Hello everyone, We are using Sage Fixed Assets - Premier Depreciation V2022.0 We also use this program for Amortization of Prepaid Assets. We have an Prepaid that was entered into FAS with the following Parameters: In Service Date = 7/1/2022 …