Sage Fixed Assets 2023
Easily track and manage fixed asset depreciation, transfers, and maintenance requests.
automate, streamline, and track physical assets
What Is Sage Fixed Assets Management?
Fixed assets are items that a company intends for long-term use and will not be consumed or converted into cash or cash equivalents within one year. These assets typically make up one of the largest items on a company’s balance sheet. Determining the value of these assets is crucial to determining the overall value of your company.
Since fixed assets are often physical assets like vehicles and equipment, part of fixed assets management involves calculating asset depreciation or the value lost over time. Companies also face regulatory or legal requirements concerning asset management and reporting. They may face serious repercussions for incorrect depreciation calculations, including fines and shareholder lawsuits.
Sage Fixed Assets (FAS) is about more than simply tracking depreciation. It also tracks and manages asset condition and maintenance, provides advanced reporting for your financials, and reduces or eliminates asset loss due to theft or mismanagement.
one centralized business management solution
How Sage Fixed Assets Works
Managing fixed assets can be challenging for any business, particularly one with large amounts of equipment or equipment in multiple locations. Sage FAS integrates directly with other Sage ERP business management solutions. Together, the provide one solution that connects your financial and operational data with fixed assets management.
Gain more insight into the state of your fixed assets.
BENEFITS
Benefits of Sage Fixed Assets
Complete Lifecycle
Manage fixed assets over their full life cycle, from planning to disposal
Automate Depreciation
Automated complex and straight-line depreciation calculations
Increase Visibility
A complete view of your assets in real time
Improve Maintenance
Improve asset condition and maintenance with better reporting
Save Money
Improve fixed assets management while reducing costs
Avoid Risk
Avoid risks associated with unidentified ghost and zombie assets
Sage Fixed Assets with Sage ERP
Sage Fixed Assets integrates with Sage’s other business management solutions so your company can manage all of its data in a single platform. Increase efficiency and streamline your workflows by adding Sage Fixed Assets to your Sage solutions package.
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