Browse our selection of whitepapers to learn about the importance of implementing a fixed asset management solution in your organization.
Closing the Books on Fixed Assets
This report highlights the general steps in the year-end close process. It is informational only and not meant as accounting or tax advice. Exceptions and special provisions are not covered, so you should consult your accounting and tax professionals for advice specific to your situation.
Economic Stimulus Act of 2008
With the return of bonus depreciation benefits, nearly double the Section 179 expensing limits, and increased investment limits, this year’s Economic Stimulus Act is expected to encourage more businesses to accelerate capital investments into their 2008 budgets allowing them (and our economy) to keep growing into the future. Learn how this Act impacts your business and can make fixed asset purchases in 2008 an economically sound decision.
Best Practices for Fixed Asset Managers
Sound fixed asset management can yield substantial tax savings in depreciation deductions. Conversely, sub-optimal fixed asset practices can threaten the accuracy of financial reports and negatively impact your bottom line. Establishing the highest standards of depreciation accuracy and best practices in fixed asset management will help you to seek out potential savings in your fixed asset base and show you how to save time in the process.
The Cost of Spreadsheets in Fixed Asset Management
While spreadsheets are used by companies for a wide range of tasks, studies have shown that a majority of companies continue to use spreadsheets for financial tracking and reporting. The negative aspects of spreadsheets, when it comes to tracking and depreciating fixed assets are substantial. They include the manual creation of formulas, lack of audit trails, security concerns, and the potential for fraud, to name a few.
Fixed Assets Inventory
Implementing a fixed asset inventory solution is vital for businesses for many reasons. A proper accounting of assets can save time and money, reduce theft, improve planning and budgeting, eliminate “ghost assets,” and help an organization recover after a natural disaster. This white paper will help you learn about best practices for fixed asset management and suggest tips for implementing a successful inventory process.
A Fixed Asset Manager’s Guide to Sarbanes-Oxley
In 2002, Congress passed regulations designed to improve corporate governance of public corporations and reduce fraudulent corporate financial reporting. The Sarbanes-Oxley Act places new burdens on corporations and imposes strict penalties for non-compliance. Compiling an accurate financial picture of a company necessitates accurate fixed asset records as well as compliance with applicable requirements for acquiring, depreciating and disposing of assets.
Getting Your Money's Worth from Fixed Assets Software
In addition to reducing the tax and insurance costs associated with ghost assets, comprehensive fixed asset management software will help you save time and avoid the hassles of managing assets manually in spreadsheets, maximize depreciation by choosing the best depreciation methods for tax planning, establish better internal controls and audit trails , produce more accurate financial reports, prepare for business continuity in the event of a disaster, and more.
Win-Win Fixed Asset Management: Integrating Sage FAS with ERP Systems
How Sage FAS integrates with ERP systems to provide businesses with the best of both worlds in fixed asset and financial management. We’ll also detail the many benefits companies can enjoy by combining Sage FAS with existing ERP systems. These benefits include regular tax updates, more robust functionality, cost savings, knowledgeable support from depreciation experts, and enhanced compliance.
The Value of Sage FAS Training
A survey conducted by Sage Software evaluated the value and effectiveness of the Sage FAS training offerings. These classes cover a broad range of topics designed to offer something for everyone, from new to very experienced Sage FAS Fixed Assets users. According to the survey, trainees derived many benefits from the courses—everything from learning basic system functionality to saving time and money on important processes.
Sage FAS Reports
Overviews and examples of the robust reporting capabilities of Sage FAS Fixed Assets. Sample reports include a Depreciation Expense Report, Tax Expense Report, Depreciation Summary Report, Disposal Report, Asset Basis Report, Transfer Report, Fixed Asset Summary Report, Adjusted Current Earnings Report, Alternative Minimum Tax Report, Annual Projection Report, Monthly Projection Report, and 25 more.