Sage Fixed Assets

After meeting with our accounting firm this morning, we have been asked to update the assets that we added to Sage for 2023 as 3 YR to a 5 YR term. Being we already ran Depreciation through December 2023, I wasn't sure the best way of going about this…

Can anyone offer advice/ steps on how I can delete an import of assets? I am a new user of SAGE Fixed Assets and I accidentally imported to the incorrect company. I now know need to pay attention and select the correct company going forward. I need to…

I entered an asset and the site opening was postponed so the asset should not be depreciating until the site goes live. I changed the Placed in Service Date to a future date, but it still shows as Active. How so I make an asset move from Active to Inactive…

Hello, I changed the Acquired Value of a few of dozen fully depreciated assets due to additions to them but I mistakenly selected Placed-in-Service Date for the critical depreciation change to take effect instead of the Current Thru Date. When I ran…

Over the course of a few years, several individuals have worked on our Sage FAS system. Apparently, some of the accumulated depreciation has become skewed by a few cents here and there. Is there an easy way to adjust accumulated depreciation?

I processed bulk disposals using a disposal template, however, incorrect cash proceed amounts were given and later on caught. In total, this was 114 different disposals, and I'm looking for the most efficient way of updating without having to go through…

I have an asset that we want to add additional installation costs to the overall acquired value in Sage therefore it would increase the overall value of the asset. The only problem is my predecessor already set the asset in service a couple of months…

New to Sage - just in time for year end - have an asset that was entered incorrectly in June by predecessor. It was actually supposed to be two separate assets that were combined. In Sept I entered one of the assets with the correct value and dat. How…

I recenly took over Fixed Assets for an existing company in our 2015 FAS-Depreciation Network. While familarizing myself, I ran a Depreciation Adjustment report. The report uncovered 424 assets that were under depreciated and amount to a considerable…

Our company has been using Sage Fixed Assets for about a year. When I was gathering all my info for entering the assets in for the first time, there was an issue with the previous software and the result is that an asset was entered with a purchase price…

I currently have a land asset listed in Sage (not depreciating). I would like to increase the asset value as of 12/31/2015 in order to match the value increase in our accounting program. Unfortunately, this date doesn't match any options available when…

Hello, 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…

We have one asset that really has three components that need to be separated so that they can be disposed of individually. Is there any way to do this?

When 'selling' assets to another company in our Sage database at INTERNAL NBV, what is the fastest way to sell about 200 of them? Also, what is best way to have the Internal book, NBV be the new acquisition amount for Tax Book depreciation in the new…

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

Does SAGE meet these three basic benchmarks after a change in cost , depreciation method or life ? 1-recalculation of the correct life-to-date depreciation for the current period based on the original in-service-date. 2-calculation of the necessary…

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…

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…

How do you transfer assets in bulk in the same company but you also need to change some of the asset information?