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  • Need to Dispose an Asset in March That Was Setup in Error in February 2019 Without Messing Up 2019 Depreciation

    I setup an asset in Sage in error in February 2019. I need to dispose of the asset as of March 2019. If I backdate the disposal to March 2019, will that cause any errors in depreciation for 2019?
  • Sage Fixed Assets 2015.1 Current Accumulated Depreciation Prior Year

    FormerMember
    FormerMember
    Hi all, This is the first year I have needed to use the Sage fixed asset reporting software. I am attempting to gather prior year accumulated depreciation for a client, but am having trouble with the depreciation summary report wanting to pull in current…
  • GL Posting and Asset Disposal

    When you run the GL posting after disposing an asset that was not fully depreciated I get two different numbers in the GL posting report depending on how I run the report, either "all complete assets" or "active assets" ? Why is that? My reconciliation…
  • Assets are no longer depreciating and are not fully depreciated either?

    I have many assets that have 'no activity'. They have been lumped together in my reports under a one line total. I have run a current depreciation expense report and have them listed individually now. But they are not fully depreciated. There is no current…
  • Remaining Value Method Asset with 3 months amortization Posted 2 months amortization the first month

    Hello everyone, We are using Sage Fixed Assets - Premier Depreciation V2022.0 We also use this program for Amortization of Prepaid Assets. We have an Prepaid that was entered into FAS with the following Parameters: In Service Date = 7/1/2022 …