• 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…
  • You are invited to take this brief survey: Your Input, Your Learning Journey for Sage Fixed Assets

    Share your Sage Fixed Assets Learning Experience! As a valued Sage customer, your feedback is important and will help improve the learning journey for customers like you. We'll keep your responses confidential and will look at them only in combination…
  • 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…
  • Video: How to back up your data and switch to 100% bonus depreciation

    We recently posted an update to the Sage Fixed Assets Announcements forum here on the Community Hub to keep you informed on the proposed tax law impacts for 2023-2025 depreciation . As we mentioned in that article, we'll be providing an update (release…
  • Sage Fixed Assets - What's New in Version 2024.1 training is now available on Sage University

    We are pleased to announce the what’s new training for the upcoming Sage Fixed Assets 2024.1 product release. It is available to all customers for FREE . Check it out on Sage University under the What’s New section: What’s New in Version 2024.1
  • Updating Premier Fixed Assets To Version 2023.1

    Hello, I know there are instructions on the Sage website for updating Sage premier fixed assets from Version 2022.1 to 2023.1. I was wondering if anyone had instructions for this update if you’re not going through the Sage advisor, and are just updating…
  • 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…
  • Sage Fixed Assets Release 2024.1 is now available!

    We’ve got exciting news—Sage Fixed Assets 2024.1 has arrived! It’s packed with essential U.S. tax updates and smart new features to elevate your asset management game. Stay compliant effortlessly and embrace the ease and efficiency of our latest enhancements…
  • Keeping you informed: Proposed 2024 tax law changes

    This important update is also posted in the Sage Fixed Assets Announcements forum . Are Tax Law Changes Coming? This is the busiest time of year for you. Closing out financials. Getting ready to file tax returns. Then, BOOM! You hear on the news that…
  • Keeping you informed: Proposed tax law impacts 2023 - 2025 depreciation (updated Feb 2024)

    Are Tax Law Changes Coming? This is the busiest time of year for you. Closing out financials. Getting ready to file tax returns. Then, BOOM! You hear on the news that Congress is proposing a tax law change retroactive to 2023. What? Hundreds of questions…
  • Every company has its own database?

    I've just started supporting a Sage FAS Network install, and am working out how to make cold backups. When I go to the backup utility, I find that we have 20-ish databases, each with only one company. Did my predecessor set things up weird, or is there…
  • Acquired Value Field Blank

    Hi, Why is the Acquired Value field on the main asset page shows zeros, but the rest of the other field shows info? After capitalizing an asset in the Asset Detail page by keying in the fields such as description, location, account numbers, acquisition…
  • Budgetary Projections

    New to SAGE FAS but very familar with SAP and Oracle. I would like to create an export file (excel or XML) that contains the list of our assets with their future period depreciation projections by each individual asset. The standard report only shows…
  • Install Fixed Assets, but not from the server

    Hi all, Has anyone had issues installing the client from a location other than the server? I'm hoping to package the install and install it to a VDI. thanks, Rob
  • November Current Depreciation is too high

    FormerMember
    FormerMember
    When I ran depreciation for November month end, it appears that the current depreciation is multiplied by seven on all reports. Acquired Value and Current Accum Depreciation are correct. Re-running it has made no difference, even when selecting "Force…
  • Depreciation Link - Universal or Microsoft SL

    We use Microsoft Dynamics SL as our accounting software and were looking at purchasing the GL Link, but I see there are a couple of options. Is one better than the other? Deciding between the Universal Link and Microsoft SL specifically. I was told…
  • FYI: It is NOT entirely possible to backup your companies & security is very difficult

    We recently needed to move our entire program SAGE & all associated data to a new server. We were very surprised to find that there is no way to migrate to the new server without losing all the users and BOTH the "system level security" AND the "company…
  • Negative Acquired Value reported different on Fixed Asset reports

    Have a client that just started using Fixed Assets this past year, with 12/31/17 figured imported. They have a number of assets with a negative cost. These are calculating correctly into the Total Acquired Value, but not in Depreciable Basis on the…
  • FAS 2012.1

    FormerMember
    FormerMember
    Does anyone know how to get a copy of Sage FAS 2012.1?
  • Fixed Asset Disposal

    For the Period of July 2018 our company as disposed of some fixed assets... For August we have run the Depreciation Process for this period and the Integration Report still showing the Fixed Asset disposed of in July (The Ending Cost and Depreciation…
  • Fixed Asset 2018.1 Client Crashes After Installation Windows 7

    pp-communityhub.sage.com/.../FAS-Install-Client-Problem.docx We recently upgraded our FAS server side to 2018.1. I am attempting to install the Premier Client on Windows 7 workstations. After the installation and reboot when trying to open the Premier…
  • Adding a Depreciation Book

    FormerMember
    FormerMember
    We're looking at adding a Depreciation book to those already in use (Tax, Internal, etc.). Is there a way to do this what would not involve going into each individual asset to update the data?
  • How do I fix the following issue to use Sage Fixed Assets?

    FormerMember
    FormerMember
    How can I fix this issue? I was reading that the engine name should match the SQL server name. Where would I find this information? Sometimes when I open SAGE I do not have this issue. Any help is appreciated.
  • Looking to change Estimated Life and GL Asset and Accum Numbers

    FormerMember
    FormerMember
    Hello all, We want to reclassify an asset from machinery to computer equipment. We originally had this asset set up with an estimated life of eight years, now we need it to be changed to five years. The asset has been depreciated for six months already…