Hello! We use the Sage Premier product. I'm wondering if there is any way to see what rates are being used for depreciation for each method? I've not seen it in a table. I assume it may come with the updates and be in the software itself. Is there…
Hello! We use the Sage Premier product. I'm wondering if there is any way to see what rates are being used for depreciation for each method? I've not seen it in a table. I assume it may come with the updates and be in the software itself. Is there…
I have 3 questions related to this topic.
Is there somewhere that I can find details on the formulas used by sage to calculate deprecation?
We are moving from Lawson Fixed Assets to Sage Fixed Assets and our calculations are not coming out correctly.
Thanks
Bonus Depreciation on luxury autos. I have posted on this site regarding this issue before yet after 3 years, I still cannot get a straight answer. For a luxury auto placed in service in years with 50% bonus depreciation, the allowable section 168 bonus…
I'm having a disagreement with my company's internal tax accountant. She is claiming that Sage FA is not treating the 179D deduction for the HVAC unit in a new building.
From what I can see & have rechecked Sage is calculating depreciation correctly…
I have a team that is going to meet with me tomorrow to discuss the following items with Support unless I get them from other sources. I went to knowledge base, so I figured this was the next step in the process. Here are the items we could use some help…
Hello,
I forgot to set the period close date when we closed our fiscal year. We have since run four months of depreciation, with no "reset date" that will work for resetting, running a period close, and then re-running depreciation for the affected assets…
Hello,
We have intangible assets that are not depreciating properly in the final year of their life.
At the end of the prior fiscal year, the NBV and depreciation amounts were correct. I closed the period, as usual, and ran depreciation in period 1 of…
What’s New in Sage Fixed Assets 2015.1:
Hello,
When we process disposals between periods, the Internal depreciation calculation will not calculate for the disposed assets. The depreciation is calculated for Tax. Has anybody experienced this before?
Thank you,