How to update to Sage Fixed Assets Lite Depreciation for Sage 50 2025.1
Description
Cause

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 for Sage 50 - U.S. Edition 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. 

If you can’t run reports in Sage Fixed Assets 2023.1 or higher after installing Sage 500, see Crystal conflict Sage Fixed Assets 2023.1 and Sage 500

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

Resolution

Note: The download of Sage Fixed Assets Lite Depreciation for Sage 50 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 for Sage 50 2025.1 for the product download. 

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

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 and open Sage Advisor Update
  2. If you don't see the 2025.1 release 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 and click the Download & Install button to start the installation. Alternatively, browse to C:\Sage Advisor Update\Sage.US.SBS.SFA.Lite50 and right-click the setup.exe and select Run as administrator to start the installation:
      • Click Next, then Yes and Yes to uninstall the prior version, then 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

Note: You can find product downloads for the currently supported versions of Sage Fixed Assets on the Download portal, see Sage Fixed Assets: Download Portal

 CAUTION:  If you update from 2023.1 or earlier and install 2025.1 without the correct update path, you won't be able to convert databases. They’ll appear with a Conversion Status of Incompatible Version and will require a Sage Expert Services engagement to update. See How do I contact Sage Expert Services? for details. 

Note: For in place updates, you must perform a Database Conversion for all version of the program 2024.1 and prior. When updating from versions 2023.1 and prior the update paths are: 

  • If updating from 2024.0, you can either: 
  • If updating from 2023.1
  • If updating from 2023.0, you can either: 
    • Uninstall the existing version, install 2024.1 and convert the databases, then update to 2025.1 and convert the databases
  • If updating from 2012.0 – 2022.1: You can't convert the existing databases directly converted to 2025.1. Migrate to new databases: How to migrate Sage Fixed Assets Single User products for more information. Company Backups (.BBK) files created in prior versions back to 2012.0 will restore directly into the 2025.1 product on a new system

 

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