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Assets may be the largest item on your balance sheet, which means that tracking your assets is critically important to your ongoing business operations.
Good asset tracking practices can be difficult to achieve using a basic spreadsheet, but it is worth taking the time and energy to get your asset tracking right. This is because bad tracking practices can result in:
- Over or underpaying taxes
- Overpaying insurance or running into coverage issues
- Noncompliance with state and federal regulations
Fortunately, there is an easy way to ensure your asset tracking stays efficient, accurate, and fast: Sage Fixed Assets.
What Is Sage Fixed Assets?
Sage Fixed Assets is the complete tool for fixed asset management that reduces the complexity and cost typically involved in fixed asset tracking. It integrates seamlessly with your Sage 100 solution (fka MAS90) to help you manage your tracking at every stage, from acquisition to disposal.
Sage Fixed Assets makes asset tracking easy with:
- Comprehensive depreciation calculations
- Asset inventory tracking and reconciliation
- Construction-in-progress / WIP management
- Customized reporting, plus pre-built reports
Watch Now – Understanding Fixed Assets Depreciation
Your Spreadsheets Are Holding You Back
You know that manual data entry and spreadsheet-based asset tracking create a less-than-ideal situation for your company, in which it is all too easy for your critical assets to “fall through the cracks.”
Missing or uncounted assets are not only an administrative hassle because you have to track them down, they also create a burden on your wallet – and they can lead to a potential noncompliance nightmare too. At the very least, those missing assets limit your business efficiency and take time away from your revenue-generating activities.
Fixed asset management in Sage 100 helps solve all these issues and more.
Leaders that make the switch from spreadsheets to Sage Fixed Assets enjoy:
- Real-time asset tracking and control
- Automated tracking between locations (with optional barcoding add-on)
- The business confidence that comes from better cost management practices
Sage Fixed Asset users also appreciate that they get 50+ methods of depreciation (including user-defined methods), along with customized fields, notes, and image descriptions that take the guesswork out of asset management.
Get the One-of-a-Kind Tool for Fixed Asset Management in Sage 100
With Sage Fixed Assets, your business will have access to the one tool that handles everything you need to gain control over your fixed assets:
- Depreciation management
- Project management for WIP assets
- Automated inventory tracking for fixed assets
- Comprehensive reporting
- Full Sage 100 integration
As we mentioned earlier, your assets are perhaps the largest item on your balance sheet. You and your business deserve to gain full control over your balance sheet. That control begins with tracking your fixed assets properly.
Seeing is believing – and there is only one way to see Sage Fixed Assets in action.
Get in touch with the fixed asset experts at SWK to schedule your personalized demo.
Talk to the Sage Fixed Assets experts at SWK