Recording Fixed Asset Details for Sage Fixed Assets

Sage Fixed Assets Integration lets you create records in Sage Fixed Assets for fixed asset entries that you process in Sage 300.

You can create Sage Fixed Assets records for fixed assets that you process in:

• Accounts Payable

  You use the Invoice Entry form in Sage 300 Accounts Payable to record purchases of assets and mark them for asset creation in Sage Fixed Assets.

  You include Sage Fixed Assets-related information with invoice details, entering the Sage Fixed Assets database, company (or organization), asset template, asset description quantity, and the unit order of measure for each detail.

  When you post a invoice that includes fixed asset information, Accounts Payable creates records for Sage Fixed Assets Integration as part of the transaction. When you create assets (using the Reminder List or the Create Assets form), the system uses these Sage Fixed Assets Integration records to create asset records for Sage Fixed Assets.

• Inventory Control

  You can also create Sage Fixed Assets records for assets that you remove from inventory for use within your company.

  You use the Internal Usage form in Sage 300 Inventory Control to mark and identify fixed assets removed from inventory.

• ICT Accounts Payable

  If you use Sage 300 Intercompany Transactions, you can mark assets purchased by one company for a related destination company, such as a parent company for a subsidiary.

  You enter and post asset purchases in ICT Accounts Payable, as you would for any other intercompany purchase. You also specify additional details for the fixed asset record.

  When you post the batch in the originator company, Sage 300 updates Sage Fixed Assets Integration with the asset details. These details are used to create the asset record for Sage Fixed Assets when you run Create Assets in the originator company.

• Purchase Orders.

For step-by-step information on how to enter fixed asset details, see:

Record a fixed asset purchase in Accounts Payable

Record an internally used asset for Sage Fixed Assets

Record an intercompany fixed asset purchase for Sage Fixed Assets