Sage Fixed Assets Reviews

Pros

Our use is very simple. Ware a non-profit with 5-6 software assets and until recently 1 real estate asset. Sage Fixed Assets makes the tracking, depreciating, and disposing of assets very easy.

Cons

For what we use it for and for the price we pay, there aren't really any cons. The software did give me some difficulty when linking the the correct company, but tech support was able to fix the issue in one call.

Pros

Ability to sync with our ERP (Sage Intacct) to automatically post depreciation entries and create assets fom the AP module; robust controls and fields

Cons

Our implementation analyst was not very knowledgeable about the system, he had a hard time understanding our questions and guiding us in decision making. The system is pretty expensive, and seems to be very powerful, however the reporting is not intuitive. Getting answers to questions about report availability has been difficult. Mistakes were made by the implementer during system setup and some are still not corrected nearly a year later.

Pros

Sage Fixed Asset very good fro depreciation and asset tracking , and easy to use once you get the hang of it

Cons

It costs too much and the customer service is poor, it's difficult to understand at first, you need to keep practicing

Pros

The price is great compared to other similar products. Once familiar with the system, it's very easy to navigate.

Cons

When changing an existing fixed asset, it's a little difficult to figure out what option to choose on the screen that warns you about the asset's history changing. I also wish the exportable standard reports were a little cleaner from the start without any additional customization needed.

Alternatives Considered

Reasons for Switching to Sage Fixed Assets

Pros

I liked that it is more tax-friendly than what we have set up in SAP. The customer help is also fast and secure.

Cons

I wish there is a helpful article or source that helps us with the content of importing assets. Like the courses of action, I could do to fix validation errors. This will be helpful for those that are not really familiar with depreciation methods and how assets should be coded.

Pros

-I like the functionality and accuracy for calculating short year depreciation and projections. -The grouping function and Excel export is very useful. -I would say 70% of the time, the customer service is really good, better than other tax software companies.

Cons

-The output product (the reports) could use some improvement and looks outdated. -I don't use the software everyday but I always need a refresher with depreciation this run, depreciation thru date. Not very intuitive for me and to other people I train. -It's time that the software moves into the cloud. -I know Sage is pushing the knowledge base but I have never found it helpful nor user friendly

Pros

The software is simple to use and simple to backup and accurate.

Cons

It can be pricey for multi-user versions

Alternatives Considered

Reasons for Switching to Sage Fixed Assets

Pros

Asset Management and depreciation are most impactful. Overall we find the application easy to use with limited training required of new staff. I have been with Monro for almost 9 years and this is the only asset management software that's been in use since I started.

Cons

1. Not interfaced with our general ledger2. No ability to connect related assets together (traditional parent child). For example, use tax assets. We can't run a report of all of the assets that we pay use tax on and get the corresponding use tax assets automatically. We currently reference the "parent" asset in the description of the use tax asset.3. Transfer report does not contain "company asset numbers" which is the filed we use for account number - so report cannot be used to prepare the journal entry to record the transfer.4. Most fields in SAGE are user definined. For many fields it would be better if they were populated from a drop down or predefined list. This would improve consistency in how assets are recorded.5. We often input assets with in-service dates which are in prior months - so we record depreciation by comparing current month YTD deprec to the prior months YTD depreciation. Because of this we cannot upload the JE from BEST to our ERP system as the Sage process is designed to pick up the monthly depreciation.

Pros

We like how easy it is to use. There are times we have many assets to use or purchase a new company, Sage Fixed Assets provides the ability to upload this information from an Excel spreadsheet. It saves many hours of typing each one in.

Cons

The inability to hold assets for sale and freeze depreciation at that point in time. When the sale actually happens it forces that additional months of depreciation on the asset. Therefore, reports are incorrect for depreciation and disposal. This is for USGaap and only affects Internal books.

Pros

We love the interface it's easy to know where we go to get the information and nice Graphs

Cons

We would like to see an integration with our erp (Trans4m) to pull and update some data.

Pros

Changes in the tax laws & allowable depreciation are kept up to date by Sage .

Cons

The expense upfront . the annual maintenance fee . It not always intuitive .

Alternatives Considered

Reasons for Choosing Sage Fixed Assets

Reasons for Switching to Sage Fixed Assets

Pros

Sage fixed assets has allowed us to track depreciation and assets for nearly 20 years. Never had a problem with upgrading or keeping pace as our needs and company grow.

Cons

User interface could be a little more intuitive in a few areas. However once you get a routine it is easy.

Pros

Ability to keep track of all fixed assets in one location. Customizable reports

Cons

The annual cost of Sage Fixed Assets is high. Also, the customer service is not that good.

Alternatives Considered

Pros

The product works as needed and the end users are satisfied with the product.

Cons

The product has proven to be difficult to use over disconnected networks. The software is not the problem but accessing it is.

Pros

Integration with Sage 100 seems to work great, but we are not done yet.

Cons

Hard to get help/setup. Setting up a new company is not easy.

Pros

Disposals, reports and asset accounting. The ease of making a custom report in the system.

Cons

The system is "buggy" at times. Customized depreciation types is difficult at times.

Pros

The program was easy to learn and easy to use.

Cons

I wish we could write custom reports with the Lite version

Pros

Being able maintain our vehicle inventory all in one place

Cons

Would like the custom report writer become standard

Pros

We use SAGE to prepare Tax Depreciation. It works very well to perform a very complex function. With education and experience, you can populate SAGE and make a variety of steps to meet a lot of needs for tax reporting. I love the Reports function, which makes it easy to get some forms.

Cons

I struggle to figure out how to get help from SAGE when needed. A webinar, "how to" document or 800 number for support would help greatly.

Pros

The software is easy to use. updates are simple to install.

Cons

There are none that I know of that we do not like.

Pros

keep all the assets organized and run the accurate depreciations

Cons

i dont have anything in mind at the moment.

Pros

Depreciation and asset management are pretty easy to maintain.

Cons

some of the useless fields and primitive configuration

Pros

Easy set up and great integration with the Sage GL product. Posting monthly entries is extremely easy.

Cons

No real cons. The product has worked better than expected!

Pros

Nothing. The only good thing about it is it is better than spreadsheets.

Cons

Sage Fixed Assets if very hard to use. Every time I use it I have to run several reports before I get the one I need. Not at all user friendly!

Pros

Works well for our business, accurate and good

Cons

We don't have any issues and are fine with the product