The Sage Fixed Assets version 2025.1 is the annual Tax update, updating Tax forms and calculation rules in compliance with current IRS rules. See the Sage Fixed Asset Release Notes for new features included in this release. 

For detailed installation instructions, See the Sage Fixed Assets Lite Depreciation Quick Start Guide.  

Note: Starting with Sage Fixed Assets 2023.1, Sage Fixed Assets installs SAP Crystal Reports runtime SP30. This can cause an issue with Crystal Reports runtime versions used for other products. See Crystal Runtime Version Conflict for more information. 

Installing Sage 500 can prevent Sage Fixed Assets 2023.1 or later from running reports. See Crystal conflict Sage Fixed Assets 2023.1 and Sage 500 for more information. 

See also System Requirements: Sage Fixed Assets Lite Depreciation 2024.0 – 2025.1 for more information.  

Note: The download of Sage Fixed Assets Lite Depreciation version 2025.1 is a full version of the program.

Note: For new installation of the Sage Fixed Assets program. See Download Sage Fixed Assets Lite Depreciation 2025.1 for the product download. 

Note: There are prerequisites required for Sage Fixed Assets to run properly: 

• The installer checks if you have .NET Framework 4.8 installed on the system. If .NET Framework 4.8 is missing, the installer installs it automatically. You need to reboot after the .NET installation before completing the Sage Fixed Assets installation 
• Sage Standalone SBDDesktop 
• Microsoft Visual C++ 2015 – 2022 Redistributable Package (x86) See Error: "The type initializer for 'CrystalDecisions.CrystalReports.Engine.CRPE' threw an exception." for a download of the prerequisite installation if it fails 

Note: For in place updates, you must perform a Database Conversion for all versions of the program 2024.1 and prior. If not updating from 2024.1 see the Updating from older versions section for update paths. 

Updating from 2024.1 through the Sage Advisor Update:

The Sage Advisor Update will have a notification of the 2025.1 release via a pop-up message in the Microsoft Windows system tray. 

To check manually: 

1. Click Sage Advisor Update in the system tray or go to Start, All Programs, Sage. Open Sage Advisor Update. 
2. If you don't see the 2025.1 listed, click the Check for Updates button. It will list the available updates. 
3. Check the box beside the Sage Fixed Assets product listed and click Download & Install or Download Only.
    
   • Download & Install: Downloads the update and starts the Installation process once the download completes:
     • Click Next, then Yes and Yes to uninstall the prior version. Wait for the install to process to complete. Click Finish once completed
        
   • Download only: Later, you can either open the Sage Advisor Update. Click the Download & Install button to start the installation. Alternatively, browse to C:\Sage Advisor Update\Sage.US.SBS.SFA.Lite and right-click the setup.exe. Select Run as administrator to start the installation:
     • Click Next, then Yes and Yes to uninstall the prior version. Wait for the install to process to complete. Click Finish once complete 

Sage Fixed Assets - Database Conversion:

Note: When you open Sage Fixed Assets Lite Depreciation 2025.1 for the first time, the in‑place conversion launches automatically. It runs when you attempt to open the last database you accessed and converts that database. If there’s only a single database, no further steps are required 

If there are several databases you need to convert, use the Conversion Utility for Single User and Lite Editions. See How do I convert data? for details. 

Updating from older versions