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Microsoft Dynamics GP 10.0 Financials Fixed Asset Management

Microsoft Dynamics GP Fixed Assets helps youwithout  affecting  the  Fixed  Asset  files.
create and maintain records of assets such as
property, plant equipment and vehicles. This6) If there are any changes to fixed assets,
module provides complete tracking of fixedDynamics GP 10.0 allows you to reset the
assets from the time they are acquired up todepreciation for the current year or to the
the  point  when  they  are retired from use.beginning of the life of the asset or to
depreciate  forward  using  the  new  data.
Description  and  Tracking  of  assets
7) Mass changes can be processed easily, for
Dynamics GP 10.0 Fixed Assets module enablesretiring assets. Once the asset is retired,
users to efficiently manage the physicalthe gain or loss is automatically calculated
inventories - defining the specific assets,based on the selling price and the net book
where they are located and the condition ofvalue.
each item. Besides tracking leased assets, it
also tracks the movement of assets from one8) Mass changes can also be processed for
location to another as well as the repair andtransfers of assets. Whether the asset is
maintenance of the items. Ensuring that thetransferred or received, the appropriate
hazard insurance policies are current and updepreciation is automatically allocated for
to date is vital in case of catastrophicthe transferring asset and this depreciation
events and this module keeps track of policywill be calculated on the transfer date of
expirations.the  asset.
Seamless Integration with General Ledger9) There are numerous reports that come
Accountingstandard with the Fixed Assets module. These
reports can be easily modified or customized
Dynamics GP 10.0 Fixed Assets module allowsto  meet  the  company's  user  requirements.
accountants to properly report the state of
affairs to the stakeholders such as10) The inquiry window allows you to trace
shareholders and creditors, by providing thethe origin of the transaction even if it came
means to capitalize, depreciate and disposefrom  outside  of  the  Fixed  Asset  module.
assets. This accounting software also
provides the capability of demonstrating the11) There is seamless integration between
impact of Fixed Assets on the General LedgerFixed Assets, Purchasing Order Processing,
and keeping Payables, Purchasing,Payables and General Ledger, without any
Receivables, Sales and General Ledger tightlyadditional  work  on  the  part of the users.
integrated and providing a seamless flow
without  any  effort.For more information on Microsoft Dynamics-GP
10.0, please visit Integrity Partners online
Future  Projections  and  Tax  Reportingat or call 888.869.4090 ext 701. The
Certified Microsoft Partner Firm Integrity
Forecasting depreciations is a feature withinPartners provides Microsoft Dynamics- GP (
Dynamics GP 10.0 Fixed Assets, which allowsformerly known as Great Plains) install &
projections into the future. Tax reporting isongoing services for the following regions:
also easily facilitated as it allows the sameNew York, NY, Brooklyn NY, Bronx NY, Queens
asset to be depreciated across two differentNY, All Areas of Connecticut, Pennsylvania,
methods and facilitates comparisons. ThisNew Jersey, Nassau County ,Suffolk County
module also allows users to specify different,Westchester County ,Rockland County, Putnam
rules for state and federal taxes, as theCounty , Orange County , Dutchess County ,
taxation may be different. The way it isUlster County ,Northern New Jersey , Hudson
reported at the corporate level as opposed toCounty , Union County , Essex County, Passaic
the taxation level may be entirely differentCounty , Bergen County ,Morris County
and Dynamics GP 10.0 accommodates this,Middlesex County , Monmouth County , Mercer
easily.County , Hunterdon County , Somerset County ,
Ocean County (North of Toms River) , Sussex
Key  benefitsCounty, Southwestern Connecticut , Fairfield
County , New Haven County , Litchfield
1) The main benefit of using Dynamics GP 10.0County, Newark, New Jersey , Jersey City, New
Fixed Assets is that it allows you to createJersey, Yonkers, New York, Paterson, New
an unlimited number of book classes. BookJersey, Bridgeport, Connecticut, Elizabeth,
Class records allow you to group assetsNew Jersey , New Haven, Connecticut
according to how depreciation should be,Stamford, Connecticut , Waterbury,
handled when reporting to Federal, State, andConnecticut, Edison, New Jersey. New York
Corporate levels. Book class records can alsoCity Great Plains consultants, Microsoft
be used to group assets based on type ofDynamics GP Consultant NYC, NYC Dynamics GP
property, depreciation method, depreciableconsultants, NYC Great Plains Consultants,
life  and  averaging  convention.NYC Microsoft Great Plains Partner, Microsoft
Dynamics GP partners in NY, microsoft
2) It enables you to define 15 user defineddynamics gp consultants, microsoft dynamics
fields in the Fixed Asset Company window.gp firm, Microsoft Dynamics GP New Jersey,
This facilitates flexibility and scalabilityMicrosoft Dynamics GP NJ, Microsoft Dynamics
across  many  industries.GP Partners, Microsoft Dynamics GP Training,
Accounting Software, accounting software,
3) Accuracy of data is maintained, since onlybusiness management accounting software, ERP
valid data can be entered in theSoftware, GP 10.0, GP 9.0, Great Plains
transactional windows based on the Bookaccounting software, Great Plains Software,
class, Location, Account Groups and InsuranceMicrosoft Dynamics GP 10.0, Microsoft
Classes  etc.  that  have  been  pre-defined.Dynamics, Microsoft Dynamics GP, Microsoft
Dynamics GP 9.0, Microsoft Great Plains,
4) Fixed Assets enables complete flexibilitymicrosoft great plains consultants, microsoft
as depreciation can be calculated for agreat plains firm, Microsoft Great Plains New
single asset, an asset class, a group ofJersey, Microsoft Great Plains New York,
assets, assets in a particular book or allMicrosoft Great Plains NJ, Microsoft Small
assets.Business Financials, Small business
accounting software. Integrity Partners does
5) Depreciation projections can be run, toprovide National & International Microsoft
forecast the potential impact in the futureDynamics-GP Services as well.



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