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Accountnet, Inc.

What are the Microsoft Dynamics GP 2016 Fixed Assets Options?


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    As a modern finance leader you need to monitor the pulse of your business with a holistic view of all important information in a single place. You need to collect data from across various sources like Excel spreadsheets, web analytics, and databases and bring that data to life in seconds through personalized dashboards, workspaces and reports that can help you make the right data-driven decisions with your key business metrics. Microsoft Dynamics GP goes beyond traditional accounting software systems by bringing the applications that run your finances and operations together with the familiar Office apps you already know. Additionally, Microsoft Dynamics GP helps you not only get deeper business insights but also ability to anticipate business needs moving finance professionals from controllership to stewardship.

    Microsoft introduces a new feature in Dynamics GP 2016 R2 that's built into the fixed assets company options to include tax amounts in capitalized items from purchase order processing.  This feature gives companies and users more flexibility to track their assets in Dynamics GP. The 'Include Tax in Acquisition Cost' checkbox can be accessed from the Fixed Assets Company Setup window, found on the Financial Navigation Page under setup or by going to Microsoft Dynamics GP | Tools | Setup | Fixed Assets | Company.

    Now, users will see the new checkbox listed under the purchasing options. And the 'Include Tax in Acquisition Cost' checkbox will be unmarked by default. In addition, the checkbox won't be available at all if the 'Post POP through to FA' options aren't being used.

    Dynamics GP supports your core business needs with comprehensive built-in capabilities that are easy to customize. And you can be confident that our global ecosystem of partners—backed by the strength of Microsoft—have built a broad range of solutions that address specific industry needs.

    As a Microsoft Gold Certified Partner, Accountnet helps companies get up and running with Microsoft Dynamics. We don’t just install and configure the software – we train your accounting staff to use it to create the reports they need, so they can analyze data as needed. Our solutions give both technical and non-technical employees the information they need to do their jobs well — wherever they are, in whatever application they choose to use. Take the next step towards growth with Microsoft Dynamics GP. Contact us at Accountnet to learn more.

    Written by Accountnet, Inc.

    TWITTER: DynamicsNewYork

    LinkedIn: John C. Peace

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