Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

How to Manage Your Fixed Assets Through Their Entire Lifecycle


Published on

In a recent webinar we explored how Sage’s fixed asset management solution reduces the immense job of inventory accounting and tracking to a manageable process with a number of added benefits.

Published in: Software
  • NOTE TO READERS: Do NOT Buy Any Shed Plans Until You've Seen This... ✱✱✱
    Are you sure you want to  Yes  No
    Your message goes here
  • Be the first to like this

How to Manage Your Fixed Assets Through Their Entire Lifecycle

  1. 1. How to Manage Your Fixed Assets Through Their Entire Life Cycle June 5, 2019
  2. 2. Housekeeping • 45-minute presentation with Q&A at the end • Type questions into the "question box" to submit them throughout the presentation • We'll send a copy of the deck and recording of the webinar in follow-up emails after the event #LearningWithBrainSell
  3. 3. About BrainSell • Founded in 1994 • Unbiased business consultants • We help companies thrive by solving their business challenges with guidance and technology. • Specialize in ERP, CRM, Business Intelligence and Marketing Automation software #LearningWithBrainSell
  4. 4. Today’s Presenter #LearningWithBrainSell Wayne Austin Sage Sales Engineer for Sage Fixed Assets
  5. 5. Agenda  Fixed Assets – the complete lifecycle  Sage Fixed Assets solution  Planning  Depreciation  Tracking  Custom Reporting  Solution Demonstration  Live Q&A #LearningWithBrainSell
  6. 6. Complete Lifecycle of Fixed Assets #LearningWithBrainSell  Acquisition – before they become Fixed Assets  CIP/WIP  Projects that will result in Fixed Asset creation  Depreciation – Tax/GAAP  Depreciation Calculations  Inventory  Perform Physical Inventories of Fixed Assets  Reporting  Disposals  Full or Partial disposals
  7. 7. Sage Fixed Assets #LearningWithBrainSell Planning: manage and report on assets related to “in-progress” projects. Manage capital budgeting and assets usage and depreciation through project completion Depreciation: calculate depreciation accurately in order to maximize benefits from up to date IRS tax rules. Efficiently manage depreciation journal entries. Tracking: manage and control physical inventory of assets and reconciliation. Reporting: provides the ability to create custom asset-based reports, ensuring specific and accurate data is readily available
  8. 8. Sage Fixed Assets - Planning #LearningWithBrainSell  Define and manage upcoming projects  Set and control budgets for all fixed assets needed to complete a project  Track all realized costs in order to compare them to budget predictions  Once completed, automatically pass all asset information to SFA Depreciation for continued asset monitoring
  9. 9. Sage Fixed Assets - Depreciation #LearningWithBrainSell  Take advantage of baked in tax laws and 52 included depreciation methods to confidently run and post depreciation  Sage’s Audit Advisor will let you know of potential conflicts… before an actual auditor does  Many standard reports included out of the box; including ready to submit tax forms
  10. 10. Sage Fixed Assets - Tracking #LearningWithBrainSell Integrated out of the box: shares the same database as SFA Depreciation Groups Templates General Information Fields 12 Additional Fields
  11. 11. Custom Reporting #LearningWithBrainSell  Full version of SAP Crystal Reports 2016 that can be used to report on all SFA Modules  Customize standard reports to fit your client’s needs by adding fields or calculations  Build entirely new reports from scratch by pulling in data from any module  Save reports to be run at a later date, or export them to email, excel, pdf for further distribution and analysis
  12. 12. Sage Fixed Assets #LearningWithBrainSell Product Demonstration
  13. 13. Q&A #LearningWithBrainSell
  14. 14. Thank You For Attending! (866) 356-2654 x202 Follow us on Twitter: @BrainSell #LearningWithBrainSell