• Lease Improvement with no lease

    Hi, We replaced an AC condensing unit for one of our warehouses. What is the internal book estimated life on a lease that is month to month? Or do we expense it?
  • Straight line Mid month

    Weather the SLMM method calculates the depreciation for 10 days. If not can i get the reason that why its not getting calculated.
  • Additions not showing

    I have added new equipment via import...changed my group to reflect change and it still pulls blank file. Tried to depreciate and it still wont show new under additions.
  • Property Type Z - SLMM or SLFM

    The default Depreciation Method for "Z" property type is now SLFM or Straight-line, Full-month. I believe the default was SLMM or Straight-line, Mid-month. When did this change and does this cause a change in accounting method?
  • 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…
  • Is it possible allocate one asset to multiple Depreciation Expense accounts?

    Does any version have the capability to allocate one asset to multiple Depreciation Expense accounts rather than setting up multiple assets? Thanks.
  • 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?
  • depreciation

    Hello- Our tax folks want depreciation projections for all of my books through Dec 2023. Yes, 2023. Sage will not give me those reports without running depreciation can I run depreciation through the end of the year and then reset it to get my correct…
  • Held for Sale option?

    Hello, I have a few units in FAS that are currently being held for sale. With that, I need to stop depreciation on them. Is there an option to mark these units as 'Held for sale' within FAS outside of disposing them? I don't want to record a loss…
  • 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?…
  • How to handle Save Fixed Assets when the business is purchased

    I would like to know how to record the sale of all assets when the business is sold but we want to keep all the history. The assets were sold at a fair market value so is there a way to keep the history but revalue the assets?
  • Depreciation Calculation

    I'm new to Ainak and trying to calculate depreciation expense. If I run the report, depreciation is not calculating correctly. For example, it calculates depreciation for fully depreciated assets. Please let me know how to fix the issue.
  • placed in service date and life mismatch

    Hello! If I put a placed in service date of 2005 but I only want it to depreciate over 5 years will sage know to depreciate based off of the useful life column rather than the placed in service date?
  • Depreciate unpaid asset

    Asset was received, but we have not received an invoice. can an asset be depreciated before it is paid for?
  • 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?
  • catching up depreciation

    Hello, I have multiple fixed assets that were setup with 7 year useful life on 04/30/2017. We caught these this month and realized this group of assets should have had a five year useful life - and therefore already fully depreciated. What changes should…