Sage Fixed Assets

Cannot produce the correct report for other reporting periods not current. The depreciation exp report displays correctly for current reporting period but not other date. Any setup that we did incorrectly or way to fix that? thanks

We recently upgraded our environment to use Citrix 7.7. While initial testing did not reveal any issues, users are now experiencing application lockups when printing. We have possible workaround that works at the time of the issue, but is not a permanent…

I have a property placed in service and disposed of in the same year but sage is calculating depreciation on that property. This is a rental real estate property with 27.5 years as life. Placed in service on 1-1-2017 and disposed of on 06-30-2017 and…

On my depreciation expense reports for the tax books, it does not include the 168 allowance for the current year in the current YTD expense amount. My assets are calculating a 168 allowance for the tax book, but it is not being included on the depreciation…

I setup an asset in Sage in error in February 2019. I need to dispose of the asset as of March 2019. If I backdate the disposal to March 2019, will that cause any errors in depreciation for 2019?

Hi all, This is the first year I have needed to use the Sage fixed asset reporting software. I am attempting to gather prior year accumulated depreciation for a client, but am having trouble with the depreciation summary report wanting to pull in current…

Each year we send our Tax Representatives our Tax, State, and AMT Depreciation reports along with the generated 4562 Form. This year our rep contacted us back about our total YTD Depreciation amount on our Depreciation Expense report not matching Line…

When you run the GL posting after disposing an asset that was not fully depreciated I get two different numbers in the GL posting report depending on how I run the report, either "all complete assets" or "active assets" ? Why is that? My reconciliation…

I have many assets that have 'no activity'. They have been lumped together in my reports under a one line total. I have run a current depreciation expense report and have them listed individually now. But they are not fully depreciated. There is no current…

I have some assets in CIP that should have been capitalized in 2021. is there a way of adding them to FAS with correct 2021 Placed in Service dates without messing up the 2021 balances and catching up on the depreciation expense in current month? I am…

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 …

Hello, it was recently discovered that we erroneously entered some new leasehold improvement assets with an estimated life of 3 years when it should have been 7 years and 4 months. 3 assets have a start date of 2/1/23 but were not depreciated this year…