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What's New in Sage Fixed Assets for 2024

Inspired by Sage FAS users, here’s a short preview of the additions and functionalities on the horizon in Sage's latest 2024.0 Fixed Assets release.

Asset Maintenance - Enhancing Accuracy and Productivity

In the field of asset management, it's not just about monitoring; it's about optimizing efficiency and productivity while tailoring the process to your unique needs. The latest addition to Sage Fixed Assets—Tracking module, is designed to give you flexibility and control over your asset maintenance tasks. With 26 customizable fields and timesaving SmartLists at your disposal, managing asset maintenance has never been more seamless.

Key Features:

  • Customize Your Way - Tailor and share every aspect of your asset maintenance with 26 customizable fields
  • Unparalleled Scalability - Effortlessly create and manage up to one million Maintenance Events per asset
  • Comprehensive Cost Tracking - Keep a watchful eye over preventative and actual maintenance and repair costs throughout an asset's entire lifespan
  • Streamlined Monitoring - Establish, track, and monitor preventative maintenance processes

These new capabilities eliminate the need for additional third-party Apps or spreadsheets as all your database is in one place, allowing you not only an easy and a better view but also control over your assets which results in the flexibility, agility, and accuracy of your response.

*Available to customers with the Tracking module who are on a subscription plan.

Elevate Your Tax Reporting Efficiency with Batch Reports

Enhance your reporting efficiency by utilizing new tax reporting features. Now you can easily maintain multiple report configurations for essential tax documents such as Form 4562, Form 4797 spreadsheet, Section 199A report, and the Mid-term applicability report. Tailor each report to specific groups, books, and run dates, integrating them into your Batch Reports. No more lengthy hours dedicated to generating reports.

Complete Support for French and Spanish-Accented Characters

No one wants to waste their time searching for something as basic as an accent-mark. Now Sage FAS provides complete support for French and Spanish-accentuated characters. Data entry has never been as intuitive or seamless.

Tax Season Speedup: File your Form 4562 available for two tax years!

No need to wait until January for annual tax updates, with the 2024.0 release, you can file Form 4562 for the current and previous tax years as fileable forms.

*Providing there have not been any changes to the tax law between September and December.

Benefit from all the SAP® Crystal Reports Designer 2020 – At Your Fingertips

Sage Fixed Assets Reporting now has the full advantage of all the capabilities and feature enhancements that are part of the 2020 edition of SAP® Crystal Reports Designer. This ensures that Sage Fixed Assets users access all up-to-date and advanced reporting tools and features to effectively create and customize their reports.

Sage Fixed Assets Scanner v2.2 – Available on Your Phone

For those constantly on the move, the latest release also includes updates to Sage Fixed Assets Scanner App for Android. With enhanced security and reliability, ensure that your data remains protected, and your workflow stays efficient. Look for it on the Google Play Store as of September 2023.

Introducing the New Ideas Portal – Get Involved

It’s now as easy as ever to view, submit, and vote on new ideas with access to the Sage Fixed Assets Ideas Portal, available wherever you are and whenever you like. Join the conversation through a bookmark in your browser, the help menu within Sage Fixed Assets, or the Quick Links menu in Sage City. Share your insights and collaborate to further improve Sage Fixed Assets. Who knows, your ideas could become a reality in an upcoming release!

Read about more release updates in Sage City

Gia Lane

Written by Gia Lane

As a Customer Success Manager for our Sage X3 and Sage 500 practices, Gia focuses on the growing relationships between her clients and identifying software solutions that meet their needs.