Sage Fixed Assets Links: An Overview

The Sage Fixed Assets links enable you to electronically create and post depreciation expense directly from your Sage Fixed Assets application to your accounting program. Using a Sage Fixed Assets link will reduce duplicate data entry, eliminate keyboard errors, and keep the asset register up to date with the accounting system.

The Sage Fixed Assets link creates a depreciation expense journal entry for one company or group within a company at a time (the company that has been selected when you run the link). The Sage Fixed Assets link cannot export depreciation transactions for multiple companies within the same output file.

In the simplest terms, the Sage Fixed Assets link accomplishes these tasks:

• Identifies assets in the Sage Fixed Assets data files for a given company.

• Accumulates the Depreciation This Run expense amounts for these assets.

• Creates a depreciation expense journal entry. For some Sage Fixed Assets links, the system creates an output file that you must import into your general ledger program. For other Sage Fixed Assets links, the system sends the depreciation expense journal entry directly to your general ledger program when you run the link.

The application installs several links automatically at no additional cost when you install the application. You do not have to install these links. These links enable you to post depreciation to many Sage products, including Sage 500 ERP, Sage 50—US Edition, Sage 300 Construction, and more.

However, you can install additional links if needed. You must enter a serial number when you install one of these additional links. To purchase a link and receive your serial number, call your Sage Fixed Assets sales representative.

You access the desired link from the Links menu.