Sage Fixed Assets is a solid depreciation system, and most of its users never need help. The exceptions are predictable: an acquisition, a revaluation, a CIP project that went live on a different date, an import that went wrong, or a consolidation of many entities. In each case the fields that need to change are the critical depreciation fields, which Sage's Custom Import can't update on existing assets and Bulk Edit only partly covers. Angela Bolton built the Critical Field Updater in 2012 to make those changes in bulk while following the same effective-date rules Sage uses, and it has been used on client data ever since.
Critical field changes in bulk
Bulk change placed-in-service datesNeed to change the placed-in-service date on hundreds of assets in Sage Fixed Assets? We update them in bulk with the right effective-date rule, keeping asset history intact.Bulk update acquisition costCorrect or add to the acquired value of many assets in Sage Fixed Assets after depreciation has run, without editing each asset or reimporting. Request a quote.Salvage, Section 179 and accumulated depreciationSage Fixed Assets Bulk Edit covers method and life only. We update salvage value, Section 179 and beginning or current accumulated depreciation on many assets at once.CIP placed-in-service correctionsAssets capitalized before they were ready, or projects that slipped? Reset depreciation and correct placed-in-service dates on CIP assets in Sage Fixed Assets in bulk.Bonus eligibility date corrections100% bonus depends on placed-in-service and acquisition dates around January 20, 2025. If those dates are wrong in Sage Fixed Assets, we correct them in bulk.
Acquisitions, revaluations and conversions
Purchase accounting updatesLoad valuation fair values, new acquisition dates and useful lives into Sage Fixed Assets after an acquisition, book by book, without rebuilding the company.Revaluations and restatementsFresh-start accounting, impairments and restatements in Sage Fixed Assets: update book values on existing assets in bulk across companies, with an audit-ready report.Lower-cost data conversionQuoted for a Sage Fixed Assets mass change or data conversion, or thinking about deleting and reimporting? Compare your options and get a fixed-scope quote.
Merging and splitting
Merge and consolidate companiesMerging Sage Fixed Assets companies that won't merge, or consolidating dozens of entities into one? We align fiscal years, books and fields and merge with balances intact.Split company dataSelling a division or spinning off an entity? We split assets out of a Sage Fixed Assets company into a new one with dates, cost and accumulated depreciation intact.Split assets and load cost segregationSage Fixed Assets has no split-asset feature. We split assets, load cost segregation studies and record partial dispositions with accumulated depreciation allocated correctly.