Sage Fixed Assets is an asset management solution that aids companies in tracking and overseeing the asset lifecycle. This system offers accounting features and tracks asset depreciation. The software is accessible for all sized companies and is available for cloud-based and on-premise deployment. This integrated system offers three modules: Planning, Depreciation and Tracking to assist organizations in understanding and supervising their assets. Below you will find an in-depth explanation for each feature and the benefits of each.
This module is designed to account for all of your fixed assets. It allows for companies to manage the cost and size of multiple projects all at one time. This high-tech solution has multiple levels of detail tracking, including a variety user-defined fields and a wide selection of built-in reports. Some highlights of this module include:
This module gives you the flexibility to manage your fixed asset lifecycle for profit and nonprofit businesses. It also prepares your company with year-end financials and tax returns, allocates costs and calculates depreciation. Eliminate duplicate data entry and store electronic images of key asset records. The Depreciation module offers more than 50 depreciation methods. These include MACRS 150 and 200 percent (formulas and tables), ACRS, Straight-Line (method of U.S. tax and finance purposes), Remaining Value over Remaining Life, Declining Balance (with and without an automatic switch to straight line at the optimum point), along with many others. Some other benefits include:
Maintaining an accurate inventory of your fixed assets is crucial. In the tracking module, you can control data entry with notes and images to describe each asset record. This feature also integrates with Sage Fixed Assets – Depreciation so your data is kept all in one place. This eliminates double entry and ensures your asset information is always in sync. Here are some of the features you can perform using this system
(This information was taken from the Sage Fixed Assets website, if you need more information you can click here to be taken to their website!)
As a third-party add-on, Sage Fixed Assets allows for accurate planning, tracking and depreciation of assets. If you are interested in adding this helpful feature for your company, call us at 856-335-1005 or email us at info@4acc.com!
Solutions by Industry
What's New
ACCs’ Best Practices for ERP Users
From workflow automation to data-driven decision-making, we'll delve into actionable insights and proven methodologies that can drive significant improvements in your organization's operational efficiency. Read MoreSubmitted by Stephanie Dean on Thu, 10/03/24 - 5:00
ACC Software Solutions’ Vision for Growth with Acumatica and Sage 100
From leveraging cloud technology to harnessing advanced analytics, discover how our tailored solutions can drive efficiency, agility, and profitability for your organization. Read MoreSubmitted by Stephanie Dean on Tue, 10/01/24 - 5:00
The Role of ACC Software Solutions in Your Software Journey
At ACC Software Solutions, we're more than just a software vendor – we're your trusted partner in success. Read MoreSubmitted by Stephanie Dean on Thu, 09/26/24 - 5:00