| Microsoft Dynamics GP Fixed Assets helps you | | | | current year or to the beginning of the life of the asset |
| create and maintain records of assets such as | | | | or to depreciate forward using the new data. |
| property, plant equipment and vehicles. This module | | | | 7) Mass changes can be processed easily, for retiring |
| provides complete tracking of fixed assets from the | | | | assets. Once the asset is retired, the gain or loss is |
| time they are acquired up to the point when they are | | | | automatically calculated based on the selling price and |
| retired from use. | | | | the net book value. |
| Description and Tracking of assets | | | | 8) Mass changes can also be processed for transfers |
| Dynamics GP 10.0 Fixed Assets module enables users | | | | of assets. Whether the asset is transferred or |
| to efficiently manage the physical inventories - defining | | | | received, the appropriate depreciation is automatically |
| the specific assets, where they are located and the | | | | allocated for the transferring asset and this |
| condition of each item. Besides tracking leased assets, | | | | depreciation will be calculated on the transfer date of |
| it also tracks the movement of assets from one | | | | the asset. |
| location to another as well as the repair and | | | | 9) There are numerous reports that come standard |
| maintenance of the items. Ensuring that the hazard | | | | with the Fixed Assets module. These reports can be |
| insurance policies are current and up to date is vital in | | | | easily modified or customized to meet the company's |
| case of catastrophic events and this module keeps | | | | user requirements. |
| track of policy expirations. | | | | 10) The inquiry window allows you to trace the origin |
| Seamless Integration with General Ledger Accounting | | | | of the transaction even if it came from outside of the |
| Dynamics GP 10.0 Fixed Assets module allows | | | | Fixed Asset module. |
| accountants to properly report the state of affairs to | | | | 11) There is seamless integration between Fixed |
| the stakeholders such as shareholders and creditors, | | | | Assets, Purchasing Order Processing, Payables and |
| by providing the means to capitalize, depreciate and | | | | General Ledger, without any additional work on the |
| dispose assets. This accounting software also | | | | part of the users. |
| provides the capability of demonstrating the impact of | | | | For more information on Microsoft Dynamics-GP 10.0, |
| Fixed Assets on the General Ledger and keeping | | | | please visit Integrity Partners online at or call |
| Payables, Purchasing, Receivables, Sales and General | | | | 888.869.4090 ext 701. The Certified Microsoft Partner |
| Ledger tightly integrated and providing a seamless flow | | | | Firm Integrity Partners provides Microsoft Dynamics- |
| without any effort. | | | | GP ( formerly known as Great Plains) install & ongoing |
| Future Projections and Tax Reporting | | | | services for the following regions: New York, NY, |
| Forecasting depreciations is a feature within Dynamics | | | | Brooklyn NY, Bronx NY, Queens NY, All Areas of |
| GP 10.0 Fixed Assets, which allows projections into the | | | | Connecticut, Pennsylvania, New Jersey, Nassau |
| future. Tax reporting is also easily facilitated as it | | | | County ,Suffolk County ,Westchester County |
| allows the same asset to be depreciated across two | | | | ,Rockland County, Putnam County , Orange County , |
| different methods and facilitates comparisons. This | | | | Dutchess County , Ulster County ,Northern New |
| module also allows users to specify different rules for | | | | Jersey , Hudson County , Union County , Essex |
| state and federal taxes, as the taxation may be | | | | County, Passaic County , Bergen County ,Morris |
| different. The way it is reported at the corporate level | | | | County ,Middlesex County , Monmouth County , Mercer |
| as opposed to the taxation level may be entirely | | | | County , Hunterdon County , Somerset County , |
| different and Dynamics GP 10.0 accommodates this | | | | Ocean County (North of Toms River) , Sussex |
| easily. | | | | County, Southwestern Connecticut , Fairfield County , |
| Key benefits | | | | New Haven County , Litchfield County, Newark, New |
| 1) The main benefit of using Dynamics GP 10.0 Fixed | | | | Jersey , Jersey City, New Jersey, Yonkers, New York, |
| Assets is that it allows you to create an unlimited | | | | Paterson, New Jersey, Bridgeport, Connecticut, |
| number of book classes. Book Class records allow | | | | Elizabeth, New Jersey , New Haven, Connecticut |
| you to group assets according to how depreciation | | | | ,Stamford, Connecticut , Waterbury, Connecticut, |
| should be handled when reporting to Federal, State, | | | | Edison, New Jersey. New York City Great Plains |
| and Corporate levels. Book class records can also be | | | | consultants, Microsoft Dynamics GP Consultant NYC, |
| used to group assets based on type of property, | | | | NYC Dynamics GP consultants, NYC Great Plains |
| depreciation method, depreciable life and averaging | | | | Consultants, NYC Microsoft Great Plains Partner, |
| convention. | | | | Microsoft Dynamics GP partners in NY, microsoft |
| 2) It enables you to define 15 user defined fields in the | | | | dynamics gp consultants, microsoft dynamics gp firm, |
| Fixed Asset Company window. This facilitates flexibility | | | | Microsoft Dynamics GP New Jersey, Microsoft |
| and scalability across many industries. | | | | Dynamics GP NJ, Microsoft Dynamics GP Partners, |
| 3) Accuracy of data is maintained, since only valid data | | | | Microsoft Dynamics GP Training, Accounting Software, |
| can be entered in the transactional windows based on | | | | accounting software, business management |
| the Book class, Location, Account Groups and | | | | accounting software, ERP Software, GP 10.0, GP 9.0, |
| Insurance Classes etc. that have been pre-defined. | | | | Great Plains accounting software, Great Plains |
| 4) Fixed Assets enables complete flexibility as | | | | Software, Microsoft Dynamics GP 10.0, Microsoft |
| depreciation can be calculated for a single asset, an | | | | Dynamics, Microsoft Dynamics GP, Microsoft |
| asset class, a group of assets, assets in a particular | | | | Dynamics GP 9.0, Microsoft Great Plains, microsoft |
| book or all assets. | | | | great plains consultants, microsoft great plains firm, |
| 5) Depreciation projections can be run, to forecast the | | | | Microsoft Great Plains New Jersey, Microsoft Great |
| potential impact in the future without affecting the | | | | Plains New York, Microsoft Great Plains NJ, Microsoft |
| Fixed Asset files. | | | | Small Business Financials, Small business accounting |
| 6) If there are any changes to fixed assets, Dynamics | | | | software. Integrity Partners does provide National & |
| GP 10.0 allows you to reset the depreciation for the | | | | International Microsoft Dynamics-GP Services as well. |