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Call volumes in January can often result in longer than normal wait times to speak with us. Which is why, when hold times are longer than usual, you may be asked to have your place virtually held in line through our Courtesy Call Back feature. Below are…
How To
How to create a group
How to sort a report
How to reconcile the 4562
How to reconcile the 4797
The Section 199A Report
Section 250 Compliance: Creating a New ADS Depreciation Book
Common issues
Form 4562 shows an incorrect year…
If you normally run reports with subtotals only, make sure to change the Subtotal Options to Detail, subtotals, and totals. A detailed copy of the report may be useful to locate discrepancies. Once you have the report generated, use the Export Report…
Optional: The Period Close feature allows you to store current depreciation values. The Period Close is not required to roll into the new year. A Period Close prevents depreciation calculations prior to the period close date. If you need reports from…
Use the built-in utility to back up data. It can be located under File, Company Utilities, Backup Company. If you’re using the Single User or Lite editions of Depreciation, copy backup data to another medium such as an external drive or network location…
First, run depreciation through the year-end.
For assistance with this process, see:
How to run Depreciation
For more articles on Depreciation, visit our articles page here .
Depreciation automatically rolls forward at the beginning of the New Year based on the initial setup of the company. Verify your company is set to the correct Fiscal Year End date.
To verify the current year end settings:
Select File , then Edit…
Although there are not any specific closing steps to start the new year in Depreciation, there are some things that may be helpful to get you through the year end and make it easy to roll back in case of an audit. Using one or more of these tips will…
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Sage Fixed Assets Year End: What…
How to run Depreciation
How to dispose an asset
How to transfer an asset
How to Apply Midquarter
How to change critical depreciation fields
How to report on a past or future period
Depreciation this run is too high
How to force depreciation…
The Sage Fixed Assets 2014 Year-End Center is now live! Get all the latest knowledge articles, videos, and online resources you need for your year end activities.
There is information for Installation, Depreciation concepts, Reports, and Tax forms…
As we look at the task of year-end tax planning, it is time to be sure we know which federal tax provisions are expiring at the end of 2014. However, while that is important, this year we also have to consider that should Congress finally act to pass…
We all know that New Year’s resolutions generally go into effect on January first, but this year we should have more on our minds on the first day of 2014: new IRS regulations that will change the way we account for repairs and other expenses related…
Several important tax provisions are scheduled to expire at the end of 2013. If you don’t want to lose out on some valuable deductions, it is time to do some serious tax planning. While it is possible Congress will extend or make permanent some of these…