The Fixed Assets Management module in Microsoft Dynamics GP delivers a variety of features and reporting tools that can help you track, analyze and manipulate your fixed assets. This module is part of the GP2015 and GP2013 Starter Pack, so if you are new to Dynamics GP or have recently upgraded to GP2013, you are on your way to better asset management.
(For a complete list of GP2015 modules, please see our Dynamics GP product page: www.softsolgrp.com/products/microsoft-dynamics-gp/
Assets can be set up quickly and easily using classes or account groups. Create an unlimited number of books of assets for each company, including corporate, federal tax, alternative minimum tax and more. You can enter a range of asset information including acquisition date, cost and physical location. Then, optimize operations by setting defaults and making mass changes, such as retirement or depreciation, to large numbers of assets at the same time.
Making changes to one or many assets can be done easily. Plus, you can capture necessary asset data for tax purposes while performing depreciations. There are 16 depreciation methods you can use, with the ability to back out depreciation, recalculate it or project it ahead for any number of assets in your books.
Update your General Ledger automatically with fixed asset management data and integrate with asset information from your GP POs and Payables.
You can also take advantage of a wide variety of standard reports. This includes depreciation ledgers, property transfer, inventory list and asset retirements. Then, create custom reports with SmartLists or Report Writer.
A recently added new feature to Fixed Assets is auto-assignment of asset IDs to new asset additions. The new ability to move assets between companies within Dynamics GP using inter-company transactions allows for asset ID’s to be auto-added during the transfer process.
You will need to contact your Dynamics GP reseller as there is time involved in getting your Fixed Assets module properly set-up in your system. For further information or assistance on Fixed Assets in Dynamics GP or to learn more about Dynamics GP in general, please contact us at: