Sage Fixed Assets Database Conversion Required – Sage FAS Update

Whether you own a small, medium, or large-scale business, tracking assets must be one of the most significant yet bothersome tasks that you or your accounting team have to go through. Companies tend to face a lot of hurdles trying to track the various elements of their fixed assets, including but not limited to location, condition, quantity, depreciation status, as well as maintenance. Sage Fixed Assets Database conversion allows you to do all of the above and much more with utmost efficiency and accuracy. Moreover, if you need assistance from data experts, you can dial Sage’s 24/7 Support Number for help.

We hope, by now, you understand the significance of using Sage Fixed Assets to track and maintain the fixed assets of your company. Now, let us take a look at some of the things you may need to know if you are planning on a Sage Fixed Assets Database conversion.

Latest Updates In Sage Fixed Assets Edition

Find What’s New in Sage Fixed Assets 2025.1. Get insights straight from the experts and learn how to make the most of the new features!

Here’s what you’ll explore:

• 🧾 Updated Tax Features: Stay current with 2025 tax changes, including Section 179 limits, vehicle depreciation caps, and the latest version of Form 4562. You’ll also get improved Audit Advisor checks to help ensure accurate filing.
• 🏗️ New Construction in Progress (CIP) App: Track your project expenses, monitor items that will become fixed assets, and easily move them into depreciation once completed. Plus, you can now buy CIP seats separately, giving you more flexibility.
• 📈 Better Reports with Drill-Down Views: Use the new drill-down option in the Quarterly Acquisition report to view asset purchases month by month for deeper insights.
• ⚙️ Improved Workflow Tools: Enjoy time-saving updates like remembered group views and the ability to rotate images inside the software.
• 🔒 Stronger Database Security: The software now supports Microsoft’s latest ODBC Driver for SQL Server, providing better security and improved compatibility.
• 💬 Upgraded Support Experience: The Sage Fixed Assets Ally now includes a new chat button, making it easier to reset passwords or contact live support when you need help.

How To Update Sage Fixed Assets?

Step-by-Step Instructions to Download, Install, and Apply the Update Sage Fixed Assets

Before you try to update Sage FAS, it’s important to take a Sage FAS Backup properly, You should be aware that there are certain prerequisites for the software to run properly:

• This update requires that you have .NET 4.5.2 installed. If, during the installation, it is detected that the .NET 4.5.2 framework is not presently available on your system, it will install it. Once the .NET installation is done, a reboot is required before you can install Sage Fixed Assets.
• Additionally, you also need to meet the requirements for the Crystal 2016 runtime: Microsoft Visual C++ 2015 Redistributable Package (x86)

Some Sage Update Errors are fixable and some Sage Error need experts help and proper scanning for resolving issues.

How to Download Sage Fixed Assets 2025.1

If you’re already using Sage Fixed Assets version 2024.1 or newer, updating to the 2025.1 release is quick and easy through Sage Advisor Update. For users with version 2024.0 or older, you’ll need to download the update from the Sage Knowledgebase.

For Version 2024.1 or Newer:

Sage Advisor Update might have already notified you about the new version with a pop-up in your Windows system tray. If you didn’t see the alert, don’t worry—just follow these steps:

• Go to Start > All Programs > Sage and click on Sage Advisor Update.
• If you don’t see the 2025.1 release listed, click Check for Updates.
• Once it appears, choose Download & Install or Download Only, then follow the instructions on screen to complete the process.

Data Conversion Process in Sage Fixed Assets

What is the Data Conversion Process in Sage Fixed Assets?

Once you have finished updating the latest version of Sage Fixed Assets, you will see a dialogue box that asks you if you wish to launch the Database Utility.

If you select “No”, select Start >> Programs >> Sage Fixed Assets >> Tools >> Database Utility – Network Depreciation & Tracking >> Sage Fixed Assets – Database Conversion:

It is important to note here that your current databases must be converted on the server once you upgrade to the Sage FAS version, and a Database Conversion is a must for all versions of Sage FAS. To do so:

• In the Database Utility – Network Depreciation & Tracking, Click “Convert”
• Select Next twice and then click on all databases that have the conversion status that says “Ready to Convert.”
• Now, select “Next” and then hit “Convert.”
• Select “Close when conversion is complete.”

Once this is done, you will see an internet browser window that will show all the databases that have been converted as well as their status.

Before you exit the Database Utility, set up an Attachments folder to contain any PDF files that may be attached to the assets.

Sage Fixed Assets Database Conversion when Updating

Here are the steps to the Sage fixed assets database conversion process when updating. Follow the steps carefully:

For Network and Premier:

For Sage Fixed Assets 2025.1, all Planning database conversions must be performed using the utility, and for Network and Premier editions, it’s important to run the conversion directly on the server.

• On the server desktop where Sage Fixed Assets is installed, right-click on Database Utility – Network or Premier Depreciation & Tracking, and select Run as administrator.
• In the utility window, click Convert.
• Click Next, then Next again.
• Click Select All to choose all databases with a status of “Ready to Convert.”
• Click Next, then click Convert to begin the process.
• Once the conversion is complete, click Close.
• A browser window will open automatically, showing a report of all converted databases and their statuses, using your system’s default HTML viewer.

For Single User and Lite Editions:

For the 2025.1 version of Sage Fixed Assets, all Planning database conversions must be performed using the Conversion Utility. Follow the steps carefully:

To get started, go to Start > Programs > Sage Fixed Assets, then select Conversion Utility.

Note: If you open a database that hasn’t been converted yet, the utility will launch automatically.

1. Click Next twice to proceed.
2. On the selection screen, click Select All to choose all databases marked as “Ready to Convert.”
3. Click Next, then click Convert to begin the process.
4. Once the conversion is finished, click Close.
5. A web browser window will automatically open, displaying a summary of the converted databases and their status using your system’s default .htm file viewer.

Incompatible Conversion Components Error Sage FAS

What should you do for “incompatible conversion components” errors in Sage Fixed Assets?

If you see an “incompatible conversion components” error, this indicates one of two things: either there are multiple versions of this program/product installed, or the client hasn’t been updated to the current server yet.

If you are skipping a version, you have to uninstall all the older versions of the Sage FAS first. For instance, if you are attempting to upgrade from Sage Fixed Assets version 2018.1 to 2023.1, uninstall the 2018.1 version completely from Programs and Features before you go ahead with the update.

Data Conversion Error Issue Sage Fixed Assets Software

What should you do if you get a Sage Data Conversion Error in Sage FAS?

A Data Conversion Error in Sage FAS may happen due to one of the following reasons:

• The computer is locked during a conversion process – keep moving the mouse to ensure this doesn’t happen, or disable the lock feature for the time being
• Power outage during the conversion process – wait for the power to be back and stable, and try again
• Internet connection lost – If you are using a wireless internet connection, try plugging the cable into the internet
• Sage 50 is closed during the conversion process. Open the software and try again
• Computer turned off during a conversion process – Restart your computer

Before you try to fix this, always restore a backup created before the conversion, Moreover, you can also go for Sage Fixed Assets Technical Support if some unknown issue comes up.

Frequently Asked Questions: