Sage Software, a provider of accounting and financial management software, has released the latest update for Sage FAS, its fixed assets solution.
Sage FAS 2006.1 is a free online update available for Sage FAS 50, FAS 100 and FAS 500 customers with FAS SupportPlus contracts.


Adjustments to Sage FAS bring into account the new deduction under 179B from the Jobs Creation Act of 2004, and new deductions under 179C and D from the Energy Tax Incentives Act of 2005. Sage FAS 2006.1 also contains updated Investment Tax Credit options, IRS Form 4797--Sales of Business Property, and IRS Form 4562 - Depreciation and Amortization, for the 2005 tax year.


The upgrade can be downloaded at www.SageFAS.com/Update

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