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.

1. How to Manage Your Fixed Assets
Through Their Entire Life Cycle
June 5, 2019

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
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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
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4. Today’s Presenter
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Wayne Austin
Sage
Sales Engineer for Sage Fixed Assets

5. Agenda
 Fixed Assets – the complete lifecycle
 Sage Fixed Assets solution
 Planning
 Depreciation
 Tracking
 Custom Reporting
 Solution Demonstration
 Live Q&A
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6. Complete Lifecycle of Fixed Assets
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 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. Sage Fixed Assets
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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. Sage Fixed Assets - Planning
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 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. Sage Fixed Assets - Depreciation
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 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. Sage Fixed Assets - Tracking
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Integrated out of the box: shares the
same database as SFA Depreciation
Groups
Templates
General Information Fields
12 Additional Fields

11. Custom Reporting
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 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. Sage Fixed Assets
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Product Demonstration

13. Q&A
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14. Thank You For Attending!
kpitt@brainsell.net
(866) 356-2654 x202
www.brainsell.net
Follow us on Twitter: @BrainSell
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