How to add old assets

Summary

Steps to add an older asset or an asset from a prior period.

In Sage Fixed Assets-Depreciation:

Enter the asset normally with all critical values of depreciation (Property Type, Placed In Service Date, Acquisition Value, Depreciation Method and Estimated Life.)
Then
- Or, force the asset to be fully depreciated
  - Under the Beginning Date field, enter the date the asset is to be fully depreciated. This is a valid month end formatted as MM/DD/YY. See What is the Beginning Date?
  - Under the Beginning YTD field, enter the year to date depreciation dollar amount the asset accrued for the fiscal year as of the Beg Date
  - Under the Beginning Accum field, enter the asset's Acquisition Value.
    
    Note: If the asset had depreciation, but was not fully depreciated see How to force depreciation.
    Note: If the date used is in a prior year (calendar or fiscal) then some depreciation will be associated with that prior year as well, but the depreciation this run will reflect everything up to the run date
Click Save.