Sales : Contact | Support : 909-382-9500

Email : moreinfo@incortech.com


28
May

The latest version of Sage MAS 90 and 200 Fixed Assets, 2009.1.1, is now available as a download. You and any of your on plan customers who own the Fixed Asset module can go to Sage Online to access and download the update. Included in this new version is the Fixed Assets SnapShot dashboard, and it addresses the American Recovery and Reinvestment Act of 2009 .

New Assets Snapshot

Get concise, well-organized graphical charts and statistics
View current status of assets, active assets by type, recent activities, quarterly summary, remaining life, and depreciation comparison
Appears every time you open a company or organization
Access at any time from the Fixed Assets Reports menu
Extension of 168 Allowance
The bill extends the 168 allowance for capital expenditures that are placed into service in 2009. For certain property with longer production periods, the date is extended to 12/31/2010.

Extension of Section 179 Increases
Last year, Congress temporarily increased the amount that small businesses could write off for capital expenditures incurred in 2008 to $250,000 and increased the phase-out threshold for 2008 to $800,000. In the American Recovery and Reinvestment Act of 2009, the temporary increases have been extended for capital expenditures incurred in 2009.

New Investment Tax Credits

Election to claim ITC in lieu of production credit for sources of energy that produce electricity such as (but not limited to) solar, hydropower, open-loop biomass, and others.
New Advanced Energy Investment Credit is established for facilities engaged in the manufacture of advanced energy property.
Removal of dollar limit caps on energy credits from wind, solar, and geothermal sources.
For more details, please read the What’s New document.

DISCLAIMER: The content provided in this article is not warranted or guaranteed by IncorTech. The content provided is intended for entertainment and/or educational purposes in order to introduce to the reader key ideas, concepts, and/or product reviews. As such it is incumbent upon the reader to employ real-world tactics for security and implementation of best practices. We are not liable for any negative consequences that may result from implementing any information covered in our articles or tutorials.
Category : Sage Software

Recent Comments
  • Shashee Rangika Wijewickrama: quick book guid book very usefull us...
  • vik: Congratulations for getting award. Keep doing the best work...
  • vik1066: The introduction of new Sage Mas 500 V7.3 released has done ...
  • victor3b1@yahoo.co.uk: I will need a 2010 Enterprise Trial software...
  • John: An excellent post and much helpfull. Thanks, John - ...
IncorTech on Facebook
IncorTech Twitter Feed
Follow IncorTech on TwitterFollow Us On Twitter

No public Twitter messages.
Flickr

Accounting Software Sales, Service and Support

IncorTech is a leading Sage Software Partner with a proven track record.

Since 1998, we've committed to helping businesses succeed by incorporating technology.

IncorTech is proud to serve organizations throughout Southern California, The United States and beyond.

Submit a Quick Question

Contact Us

Corporate HQ - Riverside / San Bernardino: 10721 Business Drive, Fontana, CA 92337
Los Angeles: 5757 Century Blvd, Suite 700, Los Angeles CA 90045
Orange County: 5405 Alton Pkwy Ste A228, Irvine CA 92604
San Diego: 9450 Mira Mesa Blvd, Ste C531, San Diego CA 92126


Sales: 909 - 581 - 8581

Support: 909 - 382 - 9500

Email: moreinfo@incortech.com