2019 Review of Sage Intacct Fixed Assets

Sage Intacct Fixed Assets is designed to integrate with Sage Intacct’s core financial modules. Not suitable as a stand-alone application, Sage Fixed Assets is best suited for current Sage Intacct users looking to manage fixed assets and depreciation, and is a good fit for mid-sized and enterprise businesses with a large number of fixed assets to manage.

Sage Intacct Fixed Assets offers easy asset entry and includes complete integration with both AP and Purchasing modules, with users able to recognize fixed assets directly from the module’s interface screen, eliminating the need to add assets manually. Leasehold improvements can be capitalized in Sage Intacct Fixed Assets, converting expenses directly to fixed assets when put into service. Users also have the option to import assets from other third-party applications directly into Sage Intacct Fixed Assets if needed.

The fixed asset register allows users to manage all assets from a single location. Users can tag an asset with dimensions to view corresponding costs across locations and departments, and integration with the Sage Intacct GL module allows users to trace the complete history of any fixed asset back to the originating document. Users can also maintain separate tax and accounting books in Sage Intacct Fixed Assets; maintaining different depreciation methods for asset categories. All books in Sage Intacct Fixed Assets are user-defined, with users able to create as many custom books as desired.

Sage Intacct Fixed Assets offers several pre-defined depreciation methods which include Straight Line, Reducing Balance, and Modified Accelerated Cost Recovery System (MACRS), with an option to create custom depreciation calculations if desired. Users can choose to post depreciation totals by each individual asset, or post in bulk for similar assets. 

Along with standard asset tracking fields, user-defined fields are available in Sage Intacct Fixed Assets that can track additional details around each asset. In addition, the product offers excellent asset management capability, including the ability to support multi-currency and multi-location assets. Users can also attach supporting documents such as invoices, warranties, service details, or photos to any fixed asset. Assets assigned to employees can be tracked and managed to help ensure prompt return of the asset when necessary. Both insurance and warranty tracking capability are also offered in Sage Intacct Fixed Assets, with users notified via email when insurance policies or product warranties expire.

Sage Intacct Fixed Assets easily manages asset disposition including both asset sales and elimination. Users also have the option to combine multiple assets into a single asset or split an asset into two or more assets if desired, with both asset adjustments and transfers supported in the application as well. 

Sage Intacct Fixed Assets includes an excellent selection of asset and depreciation reports, with users able to choose to run a financial report, a custom report, a graph or a report group. Report views can also be customized in the application, so users will only need to view the information they desire. Asset reports include Asset by Location, Asset List, Asset by Employee, and Asset Cost. A Tax Depreciation Forecast report is available as well.  A guided user interface allows users to quickly create reports from scratch or customize an existing report when needed.  All Sage Intacct Fixed Assets reports can be exported to Microsoft Word and Excel for further customization, as a CSV file, TXT, HTML, or saved as a PDF.

Sage Intacct Fixed Assets integrates with the core financial application which includes GL, AR, AP, Order Entry, and Cash Management modules, along with a long list of add-on modules to choose from. Sage Intacct Fixed Assets also integrates with the optional Purchasing module, which can be used to record asset details when the product is purchased, eliminating the need for duplicate data entry. Additional integration options are offered through Sage Intacct Marketplace or users can choose to work with Sage Intacct to create custom integrations when necessary.

Sage Intacct Fixed Assets offers numerous help options, including a hands-on learning center as well as on-demand training. Users can join the Sage Intacct community, which is available 24/7 for additional support. Toll-free telephone support is available during regular business hours, with email support available as well. There is also a searchable knowledgebase available for all system users.

Sage Intacct Fixed Assets is an add-on module designed to integrate with Sage Intacct’s core financial product. Best suited for mid-sized businesses using other Sage Intacct applications, Sage Intacct Fixed Assets offers a free, thirty-day trial that interested parties can download. Pricing for Sage Intacct Fixed Assets can be obtained directly from the vendor.

2019 Overall Rating – 4.75 Stars