Sage Fixed Assets

A fixed asset management software for startups and small organizations. Formerly Sage FAS Fixed Assets.

Product Overview

Sage Fixed Assets offers over 50 depreciation methods for accurate financial reporting and tax compliance. It also enables efficient project management and asset tracking, reducing the risk of lost assets and overpayment on taxes and insurance. With customizable reporting capabilities, businesses can generate tailored reports to meet their specific needs.

Pros

  • Calculates depreciation over the entire asset lifecycle
  • Offers customized reports and data point tracking
  • Popular with small to mid-size businesses

Cons

  • Might be too complex for smaller businesses
  • Initial setup and customization can be time-consuming
  • Pricing requires consultation

Target Market

Medium to large businesses that have a significant number of assets to manage and track.

About Sage Fixed Assets

Sage Fixed Assets provides is a complete fixed asset management suite with an intuitive interface. It features integration among accounting, inventory, and reporting applications. It links directly to general ledger systems and offers comprehensive reporting features. Sage Fixed Assets provides targeted fixed asset software solutions for Business, Government, and Nonprofit organizations.

Depreciation

Sage Fixed Assets helps manage the entire fixed asset lifecycles of all assets from acquisition to transfers and disposals. A comprehensive solution that provides advanced fixed asset accounting and reporting features, it offers more than 50 depreciation methods, including MACRS 150 percent and 200 percent (formulas and tables), ACRS, Straight-Line, Modified Straight-Line (formulas and tables), Declining Balance, Sum-of-the-Years-Digits, and user-defined depreciation methods.

The Sage Fixed Assets family also provides easy-to-use fixed asset accounting, depreciation, and reporting features for companies needing effective decision-making tools.

Tracking

Efficiently create and track multiple physical inventories of assets. This solution allows users to track fixed asset inventories thoroughly, helping to eliminate lost or stolen assets and reduce insurance and tax overpayments. With automated inventory functionality and built-in reconciliation capabilities, Sage Fixed Assets offers a complete range of inventory tracking tools.

An easy-to-use wizard walks users through every step of reconciling inventory. It helps perform physical inventories efficiently using state-of-the-art Windows Mobile bar-code readers. Users can conduct multiple inventories concurrently at various sites and reconcile data at one central location. Physical inventory data can be reconciled easily with existing asset data.

Planning

Whether companies are assembling multi-component equipment, upgrading machinery, renovating buildings, or accumulating separate invoices before placing a fixed asset into service, Sage Fixed Assets is the perfect solution to construction in progress needs.

With multiple levels of detail tracking and numerous built-in reports, users can easily manage and report on projects, including current project status, actual vs. budget variance, and project details. Manage capitalized and expensed assets for convenient project tracking and get key project information at a glance with Project Snapshot. Plus, this fully integrated solution instantly creates fixed assets in Sage Fixed Assets upon project completion.

Reporting

Gain total control over the format, appearance, and context of all depreciation and fixed asset management reports. This allows users to instantly create professional, custom reports that can be saved and reused.

The Customized Standard Reports feature allows users to edit the built-in reports with minimal effort. They can share fixed asset data with other programs using PDF, XLS, HTML, XML, and other popular formats. Enjoy custom reports and data integration all in one simple, point-and-click system.

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Product Overview

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