• Adding an Asset to the Depreciation List

    I am adding 2 servers to my fixed assets. I want to do it as one line. The total cost of both servers is $25,000. Under quantity, I put 2. Do I need to split the acquisition value to $12,500 or can I leave it at $25,000. I don't want it to take the value…
  • Bonus Depreciation

    In 2023, 80% of asset purchases can have their depreciation booked immediately (so instead of spreading it over the useful life…the cost of the asset is booked to A/D immediately). How do we accomplish going back and taking the bonus depreciation in Sage…
  • Fixed asset removal? deletion? recalculating depreciation

    I entered 19 assets in 2023, starting in March. I didn't realize the $$ threshold had increased from $2k to $5...sooo I need to remove 8 assets and the depreciation that we have taken throughout 2023 and rerun Decembers depreciation for year end? We do…
  • Sage Fixed Assets

    I recently setup a new company in FAS. We are a heavy equipment rental company, and depreciate the equipment. Starting in 2022, we transfer the equipment to our sales department, who then sells the used equipment. In the past we were disposing of the…
  • Asset entered with wrong acquisition value back in June

    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…