Sicon Fixed Assets v20.1

Manage your Fixed Assets with this fully integrated asset management solution for Sage 200. Linking directly to the financial ledgers and month end processes this is a simple module to use. Incorporating list views and workspaces plus a host of standard Sage 200 reports.

Release notes:

Make it easier to find your content with:

Expand content Collapse Content New Features Only Issues Resolved Only Release Only Pre Release Only Change in Functionality Important Only

Know the release number? Use quick search:

201.0.28

Issues Resolved
Issues Resolved
  • Object reference message when recording a PL invoice and changing the nominal. This only happens when projects is installed and you have the fixed asset setting turned on to force invoice creation on invoice entry.

Date applied: September 21, 2022

201.0.23

Issues Resolved
Issues Resolved
  • Fixed time out issue when disposing asset. This was introduced in the last version.

Date applied: January 10, 2022

201.0.22

Issues Resolved
Issues Resolved
  • Improved performance of updating period totals after posting depreciation and also when closing account periods.

Date applied: December 24, 2021

201.0.21

Issues Resolved
Issues Resolved
  • If asset status changed, then the status of the equipment record linked to the asset wasn’t changed. This now works.

Date applied: December 23, 2021

201.0.20

Issues Resolved
Issues Resolved
  • Fix for year end report. The depreciation end balance wasn’t correct after the last depreciation date, and therefore was also messing up the netbook value.

Date applied: October 1, 2021

201.0.19

Issues Resolved
Issues Resolved
  • Fixed Object reference errors on View FA when no asset is selected.

Date applied: September 28, 2021

201.0.18

Issues Resolved
Issues Resolved
  • ID number on Equipment should be populated on saving a hire asset.
  • Hire asset should load up initially in equipment with the fixed assets tab selected.

Date applied: September 2, 2021

201.0.17

Issues Resolved Important
Important Info

Update Companies Required


Issues Resolved
  • Fixed Timeout issue on Update Depreciation routine.

Date applied: August 5, 2021

201.0.16

Issues Resolved
Issues Resolved
  • Removed asset code from equipment description.
  • Adding User Defined Depreciation (Type 8) and Monthly Depreciation Value to asset import.
  • Fix for Project and Project Header missing from Asset Import.

Date applied: July 7, 2021

201.0.15

Issues Resolved
Issues Resolved
  • Added option to calculate end date based on life in months (If setting is enabled, the life in periods will become life in months on Amend Asset).
  • Couple more minor changes to getting end date of asset when calculating based on number of days. It is now slightly more accurate if the end date is beyond the financial years in the company. This is with the setting to use months for the life of an asset turned off.

Date applied: July 7, 2021

201.0.14

Issues Resolved
Issues Resolved
  • Exclude Depreciated Assets from ‘Generate Forecasts’ if the setting is on + label showing the progress.
  • Imported assets are not recognising the first period of depreciation when you go to amend.
  • Fix for single fixed asset forecast + changes on generating forecasts not getting the correct last period.

Date applied: June 3, 2021

201.0.13

Issues Resolved
Issues Resolved
  • Fixes to calculating forecasts when calculate based on number of days turned on. It was going passed the end depreciation date of the asset.
  • Added validation for expected life cannot be zero for depreciation life types during imports.

Date applied: May 10, 2021

201.0.12

Issues Resolved
Issues Resolved
  • Added setting to set the usual number of accounting periods in a year. This is used when calculating the depreciation for straight line % and reducing balance %
  • Added warning messages on screen if the usual accounting period is less than 12. These warnings appear on the post depreciation screen and the generate forecasts screen.

Date applied: April 8, 2021

201.0.11

Issues Resolved
Issues Resolved
  • Fixed problem with depreciation calculations when setting to calculate based on number of days is set and the asset life spans a number of years. If was not calculating the end date correctly, and therefore the depreciation value was not correct.

Date applied: March 29, 2021

201.0.10

Issues Resolved
Issues Resolved
  • Removed message when running year end saying that there is no year end nominals set against the category. It was pointless having this message at this point.
  • Made sure we can enter a decimal number then changing depreciation type to a percentage based type.

Date applied: March 18, 2021

201.0.9

Issues Resolved
Issues Resolved
  • Fixed problem when using calculate depreciation by number of days, and straight line life is used, it was calculating the end date incorrectly, and therefore would finished early.

Date applied: February 26, 2021

201.0.8

Issues Resolved
Issues Resolved
  • Posting depreciation screen was not being locked. Now added this back in.

Date applied: January 22, 2021

201.0.7

Issues Resolved
Issues Resolved
  • Fix to disable the expected life control for assets that have already had depreciation posted and the amend asset screen is opened from the desktop list.

Date applied: January 20, 2021

201.0.6

Issues Resolved
Issues Resolved
  • Improved message when disposing asset when trying to dispose of a fixed asset before the assets last depreciation date. It now comes up as information instead of an error.
  • Fix to change depreciation details screen – was taking too long to list the assets, and sometimes timing out.
    Fix to object reference error when generating forecasts for an asset if set as straight line life and the life was set as 0.

Date applied: January 8, 2021

201.0.5

Issues Resolved
Issues Resolved
  • Fixed timeout issue when disposing a fixed asset.
  • Correct progress number when disposing a fixed asset.

Date applied: December 21, 2020

201.0.4

Hot Fix Enhancements
Change in Functionality
  • Added Employee Number, Address Department, and Consolidated Address fields to fixed assets desktop list.

Date applied: December 3, 2020

201.0.3

Issues Resolved
Issues Resolved
  • Fix for object reference error when closing fixed asset accounting period.

Date applied: December 1, 2020

201.0.2

Issues Resolved
Issues Resolved
  • Fixed problem with object reference error when editing an equipment record set as free text.

Date applied: November 16, 2020

201.0.1

Issues Resolved
Issues Resolved
  • Fix problem with closing fixed asset accounting period and error is displayed saying ‘Nullable object must have a value’

Date applied: November 16, 2020

201.0.0

Issues Resolved New Features
New Features
  • If fixed asset quantity is enabled, then when issue stock to fixed assets is done, it now sets the quantity and cost as a whole. not creating multiple assets.
  • Added ability to sort columns on dispose asset screen.
  • Made sure you can view attachments on view asset screen.
  • Added serial number onto dispose asset screen.
  • Added columns to amend depreciation details screen.
  • Adding analysis codes onto fixed asset imports.
  • Moved menu items from settings screen in sage 200 menus.
  • Added new nominals onto category to help with disposing asset:
    – Cost disposal nominal
    – Depreciation disposal nominal

Issues Resolved
  • Fix for when creating assets from serial traceable items, it was not entering in the serial number against the asset.
  • Fix object reference error when edit equipment record that is a fixed asset.
  • Fix for setting fixed asset value after entering a purchase invoice, it now only uses the values set against fixed asset additions nominals, not the whole value of the invoice.
  • Fixed problem where sage notifications were enabled after a purchase invoice was entered, even if the notifications in sage has been disabled.
  • Fix for when issuing stock to fixed assets, if the item was traceable, it would lock up the stock item, causing timeouts elsewhere in sage.
  • Fixed problem with revaluing asset with straight line life depreciation type. The depreciation amounts after the revaluation was calculated based on cost value, but should be the net book value. This would make the life of the asset correct and depreciation end at the end of the life of the asset.
  • Fix to setting single journal posting for depreciation. The last journal was not posting and the first journal was potentially doubling.
  • Made changes to how period totals is calculated and done. A process now runs after depreciation to update these. Total performance of depreciation shouldn’t be any different. The update depreciation totals should run quicker now. And the opening and closing fixed asset periods should be quicker.
  • Fixed problem where revaluation screen does not close if opened via amend asset screen to change the asset quantity.
  • Fixed constraint error when running update companies with regards to sicon fixed asset type.
  • Improved error message when cancelling serial selection when issuing stock to fixed assets.

Date applied: October 20, 2020