Sage FAS - Fixed Asset Management, Tracking, and Reporting

For many companies, fixed assets like property, machinery, and equipment represent their largest capital investment. When you consider equipment that moves around, assets that constantly come in and out of service, and depreciation rules that are continuously changing though, tracking fixed assets quickly becomes a moving target.

That’s why you should take a closer look at Fixed Asset Accounting Software.

Sage Fixed Assets

It’s Time to Ditch the Spreadsheets!

Some of the primary benefits of ditching the spreadsheets and automating with Sage Fixed Assets (Sage FAS) include:
  • Save loads of time manually tracking assets and calculating depreciation entries
  • Significantly improve accuracy of asset values
  • Reduce excess insurance costs and property taxes paid on “ghost assets”
  • Eliminate tedious manual reconciliation and asset balancing
  • Ensure tax compliance and streamline reporting process
  • Decrease the stress of an audit

Depreciation Management

Built-in formulas for over 50 depreciation methods automate the calculation of accurate depreciation entries without having to track or memorize complex tax rules.

Asset Reporting

A variety of ready-to-use reports and tax forms help to ensure total tax compliance. And with so many options to customize the format, appearance, and context of your reports, you’ll know your assets inside and out.

Asset Inventory and Tracking

Using state-of-the-art bar code labels and readers, you can track all assets from acquisition to disposal which can eliminate lost equipment and reduce insurance and tax overpayments.

Project Planning

Construction in-progress (CIP) features help you track fixed assets from start to finish and easily monitor all project details.

Integration with Sage 300

If you’re currently using Sage 300 for accounting, you’ll be happy to know that Sage Fixed Assets (Sage FAS) integrates seamlessly with your general ledger, accounts payable, and purchasing modules.

That means when you purchase a new asset in Sage 300, it’s automatically added and tracked in Sage FAS. Plus, depreciation calculations from Sage FAS will automatically create the appropriate journal entries in your Sage 300 general ledger.

When all of your asset data is synchronized with transactions in Sage 300, you improve accuracy and eliminate duplicate data entry.

Integrated or Standalone - The Choice is Yours

If you aren’t using Sage 300, you can still run Sage FAS as a standalone application and leverage all the same features and power of automated fixed asset management.  Sage FAS also integrates with Sage 50, Sage 100 and X3.

See what Sage FAS can do for you.

Contact us to find out more.