Sage Software Announces Sage FAS Fixed Assets Version 2008.2 Now Available

Easy to install, customize and use, Sage FAS solutions are comprehensive, integrated fixed asset management programs with versions suited for businesses of any size. Whether managing 100 assets or a system requiring the power of a Microsoft® SQL Server® infrastructure, Sage FAS saves time and improves data accuracy by organizing fixed assets in an easy-to-view format and performing complex depreciation calculations quickly and easily. Version 2008.2 includes major reporting enhancements and important legislative updates for the current tax year.

New Form 4562-FY: To reflect the new 50 percent special depreciation allowance enacted in the Economic Stimulus Act of 2008, the IRS released a new version of the depreciation and amortization form for fiscal year filers. Form 4562-FY is included in version 2008.2 and replaces Form 4562 for tax years beginning in 2007 and ending in 2008.

Assets Snapshot: Available in FAS 100 Asset Accounting and FAS 500 Asset Accounting, the new Assets Snapshot gives users instant command over fixed assets via an easy, at-a-glance graphical summary of important fixed asset data.

Expanded FAS Report Writer Capabilities: FAS Report Writer offers familiar, built-in Standard reports plus the flexibility to customize and personalize Standard reports. The version 2008.2 FAS Report Writer, now powered by Crystal Reports® XI, offers users many new and updated features, such as run-time input parameters, a formula workshop, support for multiple data sources in a single report, charts, graphs and more

“Sage Software is committed to providing our customers with the most accurate, easy to use and feature-rich solutions for managing their fixed assets,” said Chris Donie, senior vice president and general manager of Sage FAS. “Version 2008.2 most certainly delivers, providing simplified data capture and analysis with the new Snapshot and reporting capabilities.”