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Sage Fixed Assets Management

Simplify asset management across multiple entities from acquisition to retirement with the fixed assets solution that automates workflows and centralises data.
Fixed Assets Management Asset cost Bill: 100-10 Bill: 100-10 Bill: 100-03 Bill: 71-4 Bill: 70-03 Bill: 100-03 Bill: 34-13 Bill: 34-13 Bill: 21-01 Bill: 111-13 15/10/2024 11/07/2024 05/12/2024 18/02/2024 19/09/2024 12/12/2024 19/09/2024 06/07/2024 15/08/2024 06/07/2024 19/11/2024 A147 A150 A149 A145 A143 A142 A141 A140 A138 A139 A137 A134 A136 A135 A144 A148 A146 Equipment Urban designs Equipment Equip Izod Izod Wheels Urban designs Urban designs Wheels Wheels Equipment Wheels Wheels Izod Urban designs PowerWheels C1114 C1111 C1112 C1116 C1118 C1119 C1120 C1121 C1123 C1122 C1124 C1127 C1125 C1126 C1117 C1113 C1115 Equipment Furniture and Fixtures Equipment Equipment Furniture and Fixtures Furniture and Fixtures Machinery Furniture and Fixtures Furniture and Fixtures Machinery Machinery Computer Equipment Machinery Machinery Furniture and Fixtures Furniture and Fixtures Machinery Ready for review Ready for review Ready for review In-service date In service In service In service In service In service Disposed In service In service In service Disposed In service Ready for review Ready for review 15/10/2024 01/12/2024 19/11/2024 19/11/2024 19/11/2024 15/10/2024 01/12/2024 19/11/2024 19/11/2024 11/07/2024 15/10/2024 05/12/2024 19/09/2024 18/02/2024 12/12/2024 19/11/2024 19/11/2024 01/12/2024 R100 000,00 R30 000,00 R80 000,00 R140 000,00 R10 000,00 R5 000,00 R300 000,00 R3 000,00 R10 000,00 R30 000,00 R150 000,00 R1 000,00 R100 000,00 R100 000,00 R10 000,00 R30 000,00 R80 000,00 R10 000,00 R30 000,00 R10 000,00 R25 000,00 R1 000,00 R2 000,00 R50 000,00 R500,00 R1 000,00 R10 000,00 R50 000,00 R100,00 R50 000,00 R50 000,00 R1 000,00 R30 000,00 R10 000,00 Asset ID Asset name State Acquisition date In-service date Classification ID Classification name Salvage value Source Attachment All Manage view Filters 1 Create

Benefits you can achieve

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Save time on month and year-end close with automation from acquisition to disposal.
Improve processes and reduce risk with complete audit trails and secure data.
Make strategic and informed decisions with rich, real-time reporting and insights.
Ease of setup, import and maintenance on your own or with professional support.
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Very user-friendly and address[es] our key need for leasehold improvements accounting. The implementation was very easy, fast and smooth.


Veronika Sudi
Finance director, Re:Cognition Health
Journal Entries Transaction 11405 Description Bills (ZAR): Batch Summary Entry Accrual Books Accounting sequence number - Comment - APJ Journal - Posting date Posted State Entries Location Account Transaction
debit Transaction
credit Base
currency Base
debit Base 
credit Txn 
currency ZAR 1502-Computer Hardware ZAR DU-Durban 45 000.00 45 000.00 -- ZAR 1501-Office Building ZAR SO-Soweto 250 000.00 250 000.00 -- 335 000.00 335 000.00 335 000.00 335 000.00 ZAR 10 000.00 2001-Accounts Payable ZAR CT-Cape Town -- 10 000.00 ZAR 2001-Accounts Payable ZAR JO-Joburg -- 30 000.00 30 000.00 ZAR 2001-Accounts Payable ZAR DU-Durban -- 45 000.00 45 000.00 ZAR 2001-Accounts Payable ZAR SO-Soweto -- 250 000.00 250 000.00 ZAR 1503-Furniture & Fixtures ZAR CT-Cape Town 10 000.00 10 000.00 -- ZAR 1504-Vehicles ZAR JO-Joburg 30 000.00 30 000.00 -- Asset 45-Desk 45-Desk 46-Honda Civic 46-Honda Civic 44-Laptops 44-Laptops 43-Office Building 43-Office Building

Make informed decisions with rich, real-time reporting and asset dimensions

Sage Fixed Assets Management offers a comprehensive, real-time view of your assets with flexible reporting and asset dimensions.

  • Get insights on all your assets throughout their lifecycle with flexible financial and custom reporting.
  • Run balance sheets, depreciation forecasts and other key financial reports with asset drill-downs, grouped by classification for easy analysis.
  • Track asset costs across locations, departments and projects for comprehensive analysis with dimensional tagging.
  • Quickly verify and reconcile depreciation recording and classification accurately from financial reports.
  • Use dimensions to track asset depreciation and link related costs such as maintenance, repairs and replacements to each asset.

Increased control and security with multi-book depreciation

Depreciate assets with security, accuracy and complete control in a variety of depreciation methods and conventions – via daily, straight line, declining balance, etc. depreciation methods and monthly, yearly or half-yearly conventions.

  • Add an unlimited number of financial and tax books without manual calculations or external records.
  • Utilise various depreciation methods and conventions for flexible asset depreciation.
  • Automatically post across multiple financial and tax books and for all types of depreciation.
  • Ensure centralised reporting and adapt to changing requirements with full traceability to when changes were made.
Fixed Asset Management Summary Asset ID 44 Depreciate Active Status - Source Tangible Asset type Asset name Laptop 1 State In-service State - Parent asset - Source line no. Serial number ASD100920 R5 000.00 Asset cost 26/12/2025 Acquisition date - Attachment Description Dell 14.1 in laptop R0.00 Salvage value Asset classification Dimensions Overview Depreciation schedules In-service State 01/01/25 In-service data CE-Computer equipment Asset classification R5 000.00 Depreciable cost Asset: 44-Laptop Assets Depreciation rules Depreciation rule ID Depreciation method name Convention Useful life Useful life units Journal ID Book ID FAJ Accrual Straight Line Full month R1001 60 Months FA Tax Double Declining Balance Half year R1002 5 Years GJ IFRS Straight Line Full month R1001 5 Years
Fixed Assets Management Configuration Depreciation setting Enable automatic posting Total records 3 Queued 0 In progress 0 Success 3 Errors 0 Bulk action run: 2 Run summary Created by Niriha Sanghvi [email protected] Notification email address Created date 27/12/2024 10:48:51 AM 2 Record number Modified date 27/12/2024 10:48:51 AM Depreciation schedule entries Depreciation schedule entry ID Asset Posting date Amount Run state GL batch ID Summary 1 71 38-Phone system 31/01/2025 R410.11 Success 13372 Successfully processed 3 210 41-Warehouse 31/01/2025 R833.33 Success 13369 Successfully processed 2 110 40-Truck 31/01/2025 R375.00 Success 13370 Successfully processed Total records 3 Queued 0 In progress 0 Success 3 Errors 0

Faster closing at month-end with automatic depreciation

Ready to close your books faster and with less hassle? Sage Fixed Assets Management automates depreciation tasks for a smoother, streamlined month-end close.

  • Streamline financial and tax depreciation with automatic multi-book depreciation postings in a centralised hub.
  • Make month-ends effortless and eliminate manual tasks with auto-depreciation postings and up-to-date data you can trust.
  • Monitor depreciation accuracy with an on-demand status tracker – no more manual entry checks.

Smooth setup and seamless flows

Native to Sage Intacct

Track and tag assets anywhere within Sage Intacct modules.

Seamless cloud updates

Enjoy the latest updates, maintenance, bug fixes and support for new features.

Easy setup and go live

With import tools and self-implementation guides, you get set up fast – no set-up fees!

Expert help available

Professional services available for smooth implementation.

All resources

Explore the latest research, guides, and webinars on accounting and finance.
Datasheet
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Sage Fixed Assets Management Datasheet

Customer case study

Re:Cognition Health Customer Testimonial

Frequently asked questions

Sage Fixed Assets Management is a native, integrated solution within Sage Intacct that scales with your business needs. It is built to leverage core capabilities like dimensionality and seamless integration with other core features to deliver timely and accurate fixed assets management.

This Sage Fixed Assets Management feature is a native solution to Sage Intacct and deploys and scales in the same way as Sage Intacct. It is built to leverage core capabilities such as dimensionality and seamless integration with other core applications to deliver timely and accurate fixed assets management. The following are key strengths:

  • Native to Sage Intacct
  • New asset dimension to see the complete lifecycle of an asset from acquisition to disposal
  • Better performance, efficiency and scalability with best-in-class technology
  • Top and entity-level processing
  • Multi-book automatic depreciation posting
  • On-demand status tracker with email delivery service
  • Simple self-implementation

Sage Fixed Assets Management enables you to take back control over your data and processes while reducing risk and slashing monthly close cycles:

  • Save time at month/year-end with automation from acquisition to disposal
  • Increase control over processes and secure data and reduce risk with complete audit trails
  • Make informed decisions with rich, real-time reporting and insights
  • Get set up swiftly with simple self-implementation. Eliminate the need to hire professional services and pay any set-up fees

By unifying fixed asset management and core financials, Sage Fixed Assets Management gives you access to the real-time data you need while enabling you to report across solutions. Access to real-time data enables you to:

  • See the complete lifecycle of an asset by drilling down into the asset record directly from the General Ledger, Accounts Payable and Purchasing transactions.
  • Discover how costs are distributed by asset, location, department, project and more with dimensional tagging.
  • Reconcile net book values in minutes with a single view of accumulated depreciation, additions and disposals across your business.

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