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  • Updating 3 YR tax book assets to 5 YR

    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…

  • How to reverse an asset import

    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…

  • Inactivate asset.

    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…

  • Incorrect Depreciation This Run

    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…

  • correcting accumulated depreciation

    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?

  • Can I easily remove a bulk disposal transaction or use a template to update disposal proceeds?

    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…

  • Change in acquired value after depreciation has begun

    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…

  • 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…

  • Transfer of bulk assets

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

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