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Importing Asset Data Using the Custom Import Helper

Importing Depreciation-Critical Fields

Each asset contains five fields in the Sage Fixed Assets system that are critical to your depreciation calculations. You can import these fields into each of the up to twenty depreciation books, making them importable twenty times. If you choose to import one of these fields for a book, you must import all of them for that book. However, if you import them for one book, you do not have to import them for any of the other books. The five critical fields in the Sage Fixed Assets system are listed below.

  • Acquisition Value
  • Depreciation Method
  • Estimated Life
  • Placed-In-Service Date
  • Property Type
  • Declining balance methods require a depreciation percentage in addition to the depreciation method. These depreciation methods are MF, MA, MT, MI, MR, DB, DC, DD, DE, DH, and DI. When these methods are used, a field is required for the depreciation percentage.
  • The "Plus 168" depreciation methods require a value in the 168 Allowance % field. If you use depreciation method MA, MR, SB, or AA, then a 168 Allowance percentage displays in the 168 Allowance % field.

    Note: The 168 Extra feature allows you to use a 168 Allowance % not valid for federal purposes for assets placed in service in years 2023 and later.