Sage Fixed Assets vs CMI Fixed Assets Comparison: Everything You Need to Know Before Choosing

Sage Fixed Assets is a fixed asset management and depreciation product from Sage, long established in the North American market and formerly known under the FAS brand. It solves the problem of accurately tracking capital assets over their full life cycle, from acquisition through depreciation to disposal, in organisations where spreadsheets become error-prone and difficult to audit. Accountants must calculate depreciation under multiple books and tax rules, reconcile asset registers with the general ledger and physically verify that assets exist, and mistakes can lead to overpaid taxes or audit findings. Sage Fixed Assets approaches this with a dedicated asset register and a depreciation engine that supports a wide range of methods and regulatory conventions, keeping calculations consistent and documented. The product family includes modules for depreciation, which handles federal and state tax rules, alternative minimum tax and bonus depreciation; asset tracking and planning, which supports barcode-based physical inventories and asset location records; and lease accounting, which helps organisations comply with lease standards. Reporting tools provide standard and custom reports for financial statements, tax filings and property tax, together with audit trails and period-end processing. Sage Fixed Assets integrates with Sage accounting products such as Sage Intacct, Sage 100, Sage 300 and Sage 500, and can exchange data with other general ledger systems through import and export functions. Deployment options include on-premises installation and, for some editions, hosted or cloud access. The software is used by finance and accounting teams in organisations of all sizes, as well as accounting firms and tax professionals who manage asset records on behalf of clients, and it is particularly relevant to capital-intensive sectors such as manufacturing, healthcare, education, government and construction. Only a nominal starting price is listed, so pricing is effectively quote-based; a free trial is available, and there is no free version.