Running a Sage Fixed Assets Link

Before you run a general ledger link, you should have performed the following tasks:

• Make sure that the G/L Expense Account number and G/L Accum Account number have been entered for every asset included in your posting.

• Calculate depreciation for the period you want to post. Typically, users post depreciation amounts once a month. Calculate depreciation by selecting the Depreciate command from the Depreciation menu. Calculate depreciation through the posting date, making sure to select the depreciation book you use for financial reporting (typically the Internal book). Run and review the report for all assets to be included in your output file.

To run a Sage Fixed Assets link

1. Do one of the following:
   • Select Links/Depreciation Links from the menu bar.
   • Select Links/Asset Addition Links from the menu bar.

Note: Asset addition links allow you to create assets in Depreciation. The asset information is sent to the application as you enter invoices and/or purchase orders. For information on running an asset addition link, see the online Sage Fixed Assets Links Guide..

• Select Links/Tax Links from the menu bar.

Note: If you have selected a favorite general ledger link, you can select the link directly from the Links menu.

2. Select the link that you want to run. The system displays the Sage Fixed Assets Link window for the selected general ledger link.

3. Complete the Sage Fixed Assets Link window, and then select the Preview button to view the G/L Posting report. This is a required step.

4. Select the Post button to run the general ledger link.