Adding Fixed Assets in Sage Intacct

Learn how to add fixed assets in Sage Intacct through this short demo video by our Sage Intacct expert.

Adding Fixed Assets in Sage Intacct involves creating detailed records for each asset, including essential information like the asset’s type, value, depreciation method, and useful life. This ensures accurate tracking, financial reporting, and proper management of your company’s fixed assets.

Benefits of Adding Fixed Assets in Sage Intacct:

1. Accurate Financial Reporting: Properly tracking fixed assets ensures accurate financial statements and tax filings, especially when it comes to depreciation and asset write-offs.
2. Automated Depreciation: Sage Intacct automatically calculates depreciation, helping you avoid errors and saving time.
3. Comprehensive Asset Management: Organise your fixed assets by categories, departments, or locations, enabling you to track and manage them more effectively.
4. Improved Compliance: By recording and tracking fixed assets accurately, you can ensure compliance with accounting standards and regulations.