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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.

WHAT WE DO

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Automated Inventory Cycle Count

AICC automates the cycle counting process in Sage 100, Sage 300, and Sage 500, including automatically determining what items should be counted each day.

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