• Updating Premier Fixed Assets To Version 2023.1

    Hello, I know there are instructions on the Sage website for updating Sage premier fixed assets from Version 2022.1 to 2023.1. I was wondering if anyone had instructions for this update if you’re not going through the Sage advisor, and are just updating…
  • Install Fixed Assets, but not from the server

    Hi all, Has anyone had issues installing the client from a location other than the server? I'm hoping to package the install and install it to a VDI. thanks, Rob
  • November Current Depreciation is too high

    FormerMember
    FormerMember
    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…
  • Negative Acquired Value reported different on Fixed Asset reports

    Have a client that just started using Fixed Assets this past year, with 12/31/17 figured imported. They have a number of assets with a negative cost. These are calculating correctly into the Total Acquired Value, but not in Depreciable Basis on the…
  • Fixed Asset 2018.1 Client Crashes After Installation Windows 7

    pp-communityhub.sage.com/.../FAS-Install-Client-Problem.docx We recently upgraded our FAS server side to 2018.1. I am attempting to install the Premier Client on Windows 7 workstations. After the installation and reboot when trying to open the Premier…
  • Looking to change Estimated Life and GL Asset and Accum Numbers

    FormerMember
    FormerMember
    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…
  • 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.
  • Required Fields

    Is it possible for make fields required based off other field values? For example, we want to require a serial number and model number for assets in a specific class.
  • 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…
  • 2020.1.1 Service Update

    Hey, I'm having an issue with our FAS server. I had to manually download the patch update, 2020.1.1 Service Update, from the website since our firewall is flagging the update from the Sage Advisor Update as a virus. Anyways, I have the patch installed…
  • Asset Template

    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…
  • Fixed Assets 2020 Downloads

    I tried to find the downloads for Sage2020 and could not find them easily. On the FAS downloads page all I see are the 2021 downloads. When I click More at the bottom of the Latest Product section nothing happens. I had to go to the KB and find a how…
  • Sage Fixed Assets Premier Depreciation 2021.1 crashing when running depreciation reports

    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…
  • Installation of FAS Lite

    Hello! My client just purchased FAS Lite. They would like to install it on the server so multiple people can access it (one at a time, of course). Is this doable? Or are they only allowed to install it on a single workstation? The installation instructions…
  • Reducing the value of an asset

    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…
  • Need to edit an asset from prior year

    We have a security system that was set up as one lump sum asset last year. I need to break it down into its components instead. For example, there are 15 security cameras that each need to be set up separately under the same asset. How do I accomplish…
  • Net Book Values on Fully Disposed Assets

    I feel like I must just be missing something obvious but I can't for the life of me figure out why I've got a bunch of old, disposed assets that have small residual net book values still remaining. These assets are gone, they are off our books in the…
  • How to add a large number of assets in batch?

    Is there a way to enter multiple assets at once? We've been adding one by one using the "Add an asset" button.
  • Parent / Child relationship

    Hello All, I have a customer wondering if they are able to establish a parent / child relationship in FAS. An example, they have a tractor as an asset, then they replace the engine and the engine is capitalizable. They want to make sure when they dispose…
  • Expert tips on converting your data to Sage Fixed Assets

    A data conversion is the process of taking data stored in one database and moving it to another. Each database's structure is different, making a conversion a lot like a snowflake—no two are ever alike. One thing is sure—data conversions can be daunting…