2018 Review of Sage Intacct Fixed Assets

Sage Intacct Fixed Assets is part of Sage Intacct’s financial application. Designed to work primarily with other modules in the core financial application, Sage Intacct Fixed Assets is a good fit for mid-sized to larger businesses that manage a large number of fixed assets.

Sage Intacct Fixed Assets is completely cloud based, with users able to access the application from anywhere. The product integrates with both the purchase order and the AP module, with users able to add assets directly from either module, eliminating the need to duplicate data entry. There is also an option to use the included CSV template to import a large number of assets directly into the application. Users can also opt to enter assets directly into the asset management screen, if desired.

All books supported in Sage Intacct Fixed Assets are user-defined, with users able to create both financial books and tax books. Users can create as many books as they wish, though tax books can only be assigned to one asset class.

The product also offers multiple default depreciation methods, including Straight Line, 200DB, 200DB half, 150DB, and MACRS, with options to create as many custom methods as desired. Depreciation can be posted by accessing each individual asset, or users can post depreciation in bulk.

Sage Intacct Fixed Assets offers user-defined fields that can be utilized to record and track additional information about each asset entered. The product also offers excellent tracking capability, tracking warranty information, service schedules, asset location, and who the asset is assigned to at each location, ensuring that the asset is returned when the employee leaves the organization. Sage Intacct Fixed Assets also tracks insurance information for each asset, including insurance policies attached to the asset. Users can also tag each asset with a barcode for easy check-in and check-out of each asset.

Sage Intacct Fixed Assets handles asset disposition including sale and elimination of an asset. Multiple assets can also be combined into a single asset, and bulk assets can be split into individual assets as needed. The product also supports both asset adjustments and transfers as well.

Sage Intacct Fixed Assets offers solid asset and depreciation reporting. When creating a report, users can choose from a Financial Report, Graph, Custom Report, or Report Group. Views can also be customized on any report page to display the information desired. Sage Intacct Fixed Assets offers four custom reports on the Fixed Assets Reporting Dashboard, including Asset, Asset by Location, Asset by Employee, and Tax Depreciation Forecast. The product also offers a Fixed Assets Reporting Portal, which provides users with a Roll Forward Report via email. The report is created as an Excel spreadsheet and displays Asset Cost, Accumulated Depreciation, and Net Book Value. All reports can be exported to Microsoft Word and Excel, as a CSV file, as a Text file or HTML file, or saved as a PDF.

Sage Intacct Fixed Assets is designed to integrate with all other Sage Intacct modules, including GL, AR, AP, Order Entry, Cash Management, and a long list of optional add-on modules. The product also integrates with Sage Intacct dashboards. Solid integration with both the optional purchase order module and AP module allows fixed asset detail to be entered immediately when an asset is purchased, eliminating the need to re-enter asset data.

Sage Intacct Fixed Assets offers a variety of help and support resources, including the Help Center, which is accessed directly from the application. The Help Center offers access to product Help, including product basics and various training options. Access to all applications and reporting options are available as well. Product support can also be accessed directly from the Help Center interface as well. Toll-free telephone support is available during regular business hours, and users can access support via email as well

Sage Intacct Fixed Assets is part of the Sage Intacct financial product and designed to work with other Sage Intacct applications. Ideal for mid-sized businesses that need to manage multiple assets, a 30-day free trial is available to download prior to purchasing. Those interested in Sage Intacct Fixed Assets can request a quote directly from the vendor.

2018 Overall Rating – 4.75 Stars