Sage FAS Fixed Assets
Sage FAS Fixed Assets
The Sage FAS Fixed Assets delivers powerful, easy-to-use fixed asset management solutions to businesses of all sizes. Sage FAS provides fixed asset depreciation calculations for financial and tax reporting, asset inventory reconciliation, customized reporting, and construction in-progress management. Sage FAS helps companies manage their vital fixed assets, identify missing assets known as “Ghost Assets”, and eliminate overpayment on taxes and insurance.
Sage FAS solutions are designed to work with general ledger systems: links allow information to travel between Sage FAS and your accounting program in a standardized format, eliminating redundant data entry, increasing accuracy, reducing costs, and saving time.
Click on the modules below for more information:
Sage FAS Modules Tab
FAS Asset Accounting
FAS Asset Accounting is a comprehensive solution that provides advanced fixed asset accounting and reporting features. It offers more than 50 depreciation methods including MACRS 150% and 200% (formulas and tables), ACRS, Straight-Line, Modified Straight-Line (formulas and tables), Declining Balance, Sum-of-the-Years-Digits, and user-defined depreciation methods. FAS Asset Accounting enables you to manage the entire fixed asset lifecycles of all of your assets from acquisition to transfers and disposals, and maintain reliable, relevant, useful data. The FAS Asset Accounting family also provides easy-to-use fixed asset accounting, depreciation and reporting features for companies needing effective decision-making tools.
Key Functionality:
- Extensive, flexible reporting and snapshot summaries give you instant command over your fixed assets.
- Wealth of features offered including customizable data fields, SmartLists that provide predefined drop-down lists for fast and accurate data entry, a Group Manager that helps you organize and view only the assets you’re interested in, and “Asset Templates” that promote data integrity and accelerate the process of entering new assets
- Security profiles can be defined differently for each individual user that has access to the system ensuring that only those that are allowed to change the data are able to
For more information, download the FAS Asset Accounting PDF
FAS CIP Accounting
Take control over your fixed assets even before they become fixed assets with FAS CIP Accounting. Whether you’re assembling multi-component equipment, upgrading machinery, renovating buildings, or just accumulating separate invoices prior to placing a fixed asset into service, FAS CIP Accounting is the perfect solution to your construction in progress needs. With multiple levels of detail tracking and numerous built-in reports, you can easily manage and report on unlimited projects including current project status, actual vs. budget variance, and project details. Manage both capitalized and expensed assets for convenient project tracking, and get key project information at a glance with the convenient “Project Snapshot” feature. Plus, with this fully integrated solution your fixed assets are instantly created in FAS Asset Accounting upon project completion.
Key Functionality:
- Easily manage unlimited projects of any type or size – up to thousands of individual components
- Manage both capitalized and expensed assets for convenient project tracking
- The convenient “Project Snapshot” feature displays key project information at a glance, including budget tracking and project alerts
- Easily accumulate and summarize numerous purchase orders, invoices, receipts, and tasks – including physical components, shipping costs, labor/assembly charges, and unlimited miscellaneous items
For more information, download the FAS CIP Accounting PDF
FAS Asset Inventory
Efficiently create and track multiple physical inventories of assets and enjoy complete control over your entire asset inventory at every step with FAS Asset Inventory. This solution allows you to thoroughly track your fixed asset inventory, eliminating lost or stolen assets and reducing insurance and tax overpayments. With automated inventory functionality and built-in reconciliation capabilities, FAS Asset Inventory offers you a complete range of inventory tracking tools so you can effectively achieve tighter control over your fixed assets.
Key Functionality:
- Check-In/Check-Out feature with activity history enables monitoring of mobile assets, and available user fields allow for data entry to be standardized
- Wealth of features offered including configurable data fields, and Asset Templates that promote data integrity and accelerate the process of entering new assets
- Asset labels and bar code readers complete the inventory solution
- Security profiles can be defined differently for each individual user that has access to the system
For more information, download the FAS Asset Inventory PDF
FAS Report Writer
Gain total control over the format, appearance, and context of all your depreciation and fixed asset management reports with FAS Report Writer. This easy-to-use solution allows you to instantly create professional, custom reports that you can save and reuse whenever you wish. FAS Report Writer’s Customized Standard Reports feature allows you to make edits to the built-in reports with minimal effort. Better still, you can share fixed asset data with other programs using PDF, ASCII, HTML, XML, and other popular formats. Enjoy custom reports and data integration—all in one simple, point-and-click system.
Key Functionality:
- Handle large volumes of data, up to 999,999 assets in a single report
- Select any FAS Asset Accounting or FAS Asset Inventory data field you want to use as a column heading
- Choose the range of assets you want to include in your report – you can even specify a wildcard entry which will search the database for a partial match of what you’re looking for
- Determine the way you want to subtotal and group the data in your reports – you’ll have an unlimited number of sorts and subtotals
- Customize the 18 standard reports available in FAS Asset Accounting to fit your individual needs
For more information, download the FAS Report Writer PDF
