Sage Inventory Services
The average organization's fixed assets register
is off by 15% to 30%.
Why? Because of the assets that are no longer usable, lost, or stolen—also known as "ghost" assets. If you don't account for ghosts assets, your books will not be accurate—no matter how great your inventory management software is nor how well you use it. More importantly, this can mean tax and insurance overpayments each year—often in the thousands, if not tens of thousands.
So what are you to do, if you don't have your fixed assets inventoried or don't even know how to do it? That's where Sage Inventory Services can help. Our team of experts provides fast and accuratae asset inventories of your fixed assets using the latest technology. We also help you rconcile those assets with your books, or even help build or update a Sage Fixed Assets database-to ensure your books are in complaiance and costly overpayements are elimnated.
You can trust in the Sage Fixed Assets team to do it right the first time—with over 100,000 customers, the top 15 U.S. CPA firms—Sage Fixed Assets has the most comprehensive fixed assets management system available.
Sage Inventory Services include the following:
It's natural to want to put off conducting a fixed asset inventory because you think it's too time consuming or expensive. That's why our expert team and experience consultants work closely with you to discuss your specific needs. We are committed to meeting your unique challenges and requirements—regardless of your industry or type of business. We create a proposal that is customized to your goals, timeline and budget.
Our expert teams works closely with you to schedule your fixed asset inventory so it meets your deadlines without disrupting your business. We understand that each business has unique needs: whether yours is an IT data center that requires special scheduling and heightened security or a hospital that must have heightened sensitivity and discretion, our team is 100% committed to making sure that inventories are tailored to your schedule and your needs.
Physical Inventory Services
Our team is careful to consider your business environment and unique circumstances, which may require:
- Conducting a room-to-room physical inventory of your fixed assets.
- Tagging any new assets found and recording the details in your records.
- Updating record details for existing assets, like noting a change in condition, location, or other attributes.
- Reconciling your updated inventory to your existing records.
Software and Accessories
Once our team has created or updated your database, they can also equip and train your staff with Sage Fixed Assets - Tracking, the software solution trusted by pros for handling even the most complex physical inventory. Our fixed asset experts also offer:
Our team of fixed asset experts are fully qualified, certified, and licensed to provide unbiased, independent appraisals to help you reduce property tax payments, adjust insurance premiums, and comply with international financial reporting standards (IFRS). Our services include:
- Asset impairments.
- Real estate valuations.
- Business valuation.
- Machinery and equipment market value appraisals.
- Insurance appraisals.
- Intangible asset valuations.
Cost Segregation Studies
Recently acquired, expanded, or improved facilities are often classified as long-lived real property. However, reclassifying shorter-lived personal property components from real property assets can accelerate depreciation, which can significantly improve cash flow. Through a cost segregation study our fixed asset experts can identify any building components eligible for accelerated depreciation under current tax regulations.