Enjoy simplified fixed-asset tracking with comprehensive depreciation calculations including over 300,000 U.S. and Canadian regulations for businesses, governments, and nonprofits.
You may already know how critical it is to have accurate inventory management of your fixed assets; without it, little can ensure the accuracy and reliability of your fixed-asset accounting. However, the task of managing a physical inventory of fixed assets can seem daunting, and that’s where Sage Fixed Assets—Tracking can help!
Thanks to an intuitive user interface, Sage Fixed Assets—Depreciation gives you the flexibility to manage the entire fixed-asset lifecycle—from acquisition to transfers and disposals—for both public and private organizations. And with advanced fixed-asset accounting and reporting features, Sage Fixed Assets—Depreciation can help you prepare your year-end financials, allocate costs, calculate depreciation, eliminate redundant data entry, and store digital images of key asset records such as purchase orders, warranty information, and insurance records.
A comprehensive solution, Sage Fixed Assets—Depreciation offers more than 50 depreciation methods including MACRS 150 percent and 200 percent (formulas and tables), ACRS, Straight-Line, Modified Straight-Line (formulas and tables), Declining Balance, Sum-of-the-Years-Digits, as well as user-defined. It helps ensure compliance with government regulations, integrates with popular general ledger systems, and comes with more than 30 ready-to-use reports, including year-end financial statements, fileable U.S. IRS tax forms and worksheets, as well as Schedule 8 Capital Cost Allowances for Canadian T2 Corporation Income Tax Returns. Sage Fixed Assets—Depreciation also includes the ability to allocate cost and depreciation for an individual asset or groups of assets to more than one funding source, decision-making tools to ensure GASB 34/35 compliance, and the ability to create budgetary books for asset budgeting projections.
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