• Fixed assets reversal process stuck

    I'm trying to reverse the posted depreciation, as we need to put some assets into service related to the prior month. Unfortunately when I tried to reverse the depreciation it has been stuck in this process for days now.
  • 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…
  • 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…
  • My depreciation are not calculating correctly

    when I calculated the depreciation, the "prior through" are gone from reports, so beginning accumulated depreciation are not correct. I tried recalculating as of 12/31/22 then redid depreciation from 1/1/2023 - 12/31/2023, but nothing changes. how should…
  • 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…
  • Fixed Asset Depreciation

    I need to take an extra month of depreciation for 1 particular asset. Is there a way to take 2 months of depreciation the next time I run depreciation for all assets?
  • adding old assets to SAGE

    Hello, I added many old assets to SAGE but I'm still struggling with the older assets that are on their second half of life . For example, my building that was put into service in in 1991 is only 32 years through its 50 years but when I put in 18 years…
  • Assets having 0 depreciation in projections

    Hello, I recently added 178 lines to a new company in SAGE. These assets had 3 different class codes and were all depreciation method RV. For some reason when I run the depreciation projection, 41 of them are showing as 0 and I can't figure out why…
  • integrating fully depreciated assets

    We acquired a company where all the assets were fully depreciated. I am trying to add the fully depreciated assets to our Sage Fixed Assets program. How do I add an asset with value that is already fully depreciated?
  • 2023 Bonus Depreciation

    According to the tax regulation, bonus depreciation now ramps down to 80%, starting in 2023. However, in the software, the input dropdown option is either 50%, or 100%. How to make the software calculate an 80% bonus depreciation on the fixed assets?…