1. Main
Select your Sage Fixed Assets database.
Note Sage Fixed Assets refers to the fixed assets product used with Sage 100.
Select a Sage Fixed Assets company.
Note Sage Fixed Assets refers to the fixed assets product used with Sage 100.
If your general ledger requires posting amounts from multiple fixed assets depreciation books (ledgers), select a user-defined field to select other posting books. If you select a user-defined field, you must customize the user-defined fields in Sage Fixed Assets. For more information, see Customizing the Sage Fixed Assets User-Defined Fields to Define Posting Books.
If your general ledger requires postings from only one fixed assets depreciation book, select None; all fixed assets depreciation postings come from the default posting book.
Note Sage Fixed Assets refers to the fixed assets product used with Sage 100.
Select the current fiscal year for posting depreciation. This field is automatically incremented during year-end processing.
Select the number of the accounting period to begin processing. This field defaults to the current general ledger accounting period.
This field is used to differentiate between the current period and a future period. This field is automatically incremented during period-end processing. The date entered at the Calculate depreciation through field in the Sage Fixed Assets system must match the current period before you can perform Fixed Assets period-end processing. For more information on how periods are defined, see Fixed Assets FAQs.
Note Sage Fixed Assets refers to the fixed assets product used with Sage 100.
Select the default posting book for depreciation posting. This field defaults to Internal Book.
Monthly depreciation postings are based on the calculations from the book selected. To avoid double-posting depreciation amounts, do not change the selection at this field after postings are updated to the general ledger.
Note Verify the posting amounts on the Fixed Assets Journal against the Depreciation this Run amounts in the Depreciation Expense Report before updating the journal.
Post to General Ledger in Detail
Select this check box to post the general ledger depreciation transactions from the Sage Fixed Assets posting book in detail. Clear this check box to post transactions in summary by general ledger account number.
Note Sage Fixed Assets refers to the fixed assets product used with Sage 100.
(Integrate with) Accounts Payable
Select this check box to integrate the Fixed Assets module with Accounts Payable. Clear this check box if you do not want the Fixed Assets module to be integrated with Accounts Payable.
When these modules are integrated, assets can be created in Sage Fixed Assets from Accounts Payable data entry tasks.
Note Sage Fixed Assets refers to the fixed assets product used with Sage 100.
(Integrate with) Purchase Order
Select this check box to integrate the Purchase Order module with Fixed Assets. Clear this check box if you do not want the Purchase Order module to be integrated with Fixed Assets.
When these modules are integrated, assets can be created in Sage Fixed Assets from Purchase Order data entry tasks.
Note Sage Fixed Assets refers to the fixed assets product used with Sage 100.
Require Template to Create Assets from A/P and P/O
Select this check box to require an asset template to be selected to complete an asset data entry in the Accounts Payable and Purchase Order modules. Clear this check box if you do not want to require the asset template to be selected.
An asset template must be selected during data entry to create assets from the asset items in the invoice or order. If this check box is cleared and the asset template is not selected, then assets are not created when the invoice or order is entered and updated.
Asset templates are set up in Sage Fixed Assets, and allow you to predefine certain values required for new assets. For more information on asset templates, refer to the Sage Fixed Assets Help system.
Note Sage Fixed Assets refers to the fixed assets product used with Sage 100.
2. Additional
This field displays the general ledger period and can only be viewed.
This field displays the general ledger period-end date and can only be viewed. The general ledger period-end dates are determined by the current fiscal year entered in General Ledger Options.
Type the period-end dates defined in Sage Fixed Assets that correspond to the general ledger period-end dates. Type the first period-end date at the Period 1 field, and click Calculate to calculate the remaining period-ending dates automatically. Depreciation is calculated over a 12-month fiscal year with December as the default year-end month. You can change the default year-end month and define short years.
Note Sage Fixed Assets refers to the fixed assets product used with Sage 100.
This field displays the depreciation posting book and can only be viewed.
Select the check box for the depreciation posting books to update to the general ledger. The posting book selected at the Default Posting Book field is selected automatically.
You can select multiple posting books only if None is not selected at the Book Definition Field field. If None is selected at the Book Definition Field field, only the default posting book can be selected.
