
Manage Your Fixed Assets Easier With Sage FAS
Effective management of fixed assets, including buildings, land, computer equipment, software, vehicles and other long-term resources, is essential in accounting. It ensures accurate financial reporting, optimizes asset utilization and supports strategic business decisions.
Sage Fixed Assets (FAS) is a comprehensive asset management platform that helps organizations track, depreciate and report on fixed assets throughout their lifecycle. It is designed for businesses of all sizes, from small and mid-market companies to large enterprises, and serves diverse industries such as manufacturing, financial services, healthcare and professional services.
Automating Fixed Asset Calculations
Fixed assets require specialized accounting because businesses must calculate depreciation, net fixed assets and fixed asset turnover to accurately reflect value and performance. These calculations can be complex and time-consuming when done manually.
Sage Fixed Assets simplifies this process by automating depreciation schedules, net asset valuations and turnover ratios. This automation reduces errors, supports compliance and saves valuable time, allowing finance teams to focus on strategic decision-making rather than manual calculations.