Sage 100 Newsletter – Q4 2022
Keeping You Up-To-Date With Information About Sage 100
Sage Fixed Assets (aka “FAS”): Running Reports for Prior Periods
Have you ever run a FAS report for a prior period and the report is blank, even though you know you ran it when that was the current month? FAS only saves the most recent calculation of depreciation, so reports can only be run based on that.
To run a report for a prior period, calculate depreciation for the month prior to the one you need the report for. Then calculate the month you want to report on, then generate the report.
Example:
It’s September 2022 and you’ve calculated your August depreciation. You need a report for March 2022. You’ll need to perform these steps:
- Calculate February 2022.
- Calculate March 2022.
- Run the report for March 2022.
Calculating February 2022 ensures that the correct “beginning” numbers are available for the March 2022 calculation. Note: Don’t expect the February report to match up to your original February report.
