Great Plains Dynamics GP Consultant News Fixed Assets - Alba Spectrum

Released on: August 22, 2008, 2:53 pm

Press Release Author: Alba Spectrum

Industry: Computers

Press Release Summary: Microsoft Great Plains functional and technical consulting,
ERP implementation, initial modules setup, data migration, integration and
conversion, GP custom programming and reports design.

Press Release Body: Microsoft Great Plains functional and technical consulting, ERP
implementation, initial modules setup, data migration, integration and conversion,
GP custom programming and reports design. In this small publication we would like
to come through practical steps in implementing Fixed Assets module for GP Dynamics:

1. Depreciation Books. You can have as many books as required by you fiscal and
managerial reporting. Only one book, obviously posts depreciation transactions to
General Ledger module.

2. Depreciation Methods. For Book-Class, Book-Fixed Asset ID you can define the
following depreciation formulas: Straight Line Original or Remaining Life, 150%,
175%, 200% DB (or Declining Balance), SOY Digits, and others. Please note, that DB
could be set to the percentage desired

3. Purchasing Fixed Asset Item. There are two options - one is in Accounts
Receivable and the second in Purchase Order Processing. In both cases the link is
Fixed Assets Account - Fixed Assets Purchasing Posting Account defined in the window
with the same name. If you are purchasing your inventory items through POP (or even
Dynamics GP Business Portal Requisition Management), we recommend you to use method
of Post POP through to FA, here you can either check the account or if item line is
marked as Capital Item. In this case your inventory item doesn't go to your
inventory control module, but instead it turns to show up as Capital Item in FA
module

4. FA transfer. You can transfer your FA items between two locations or physical
locations. Location could be your department, where your people sit in several
buildings, or physical location, which could be specific building, office or
manufacturing facility

5. FA retirement. This form allows you to retire FA item with the options to sell
it with cash proceeds, or simply scrap it. Please note that retire could be undone.

6. Mass Actions. You can do mass retire, mass change or mass transfer

7. User Defined Fields. If you think you need to group your Fixed Assets Items by
additional parameter, which could be used in let's say Crystal Reports or SQL Server
Reporting Services, you have up to fifteen user defined fields in your disposition

8. FA Integration. Fixed Assets Module has its own integration tool. However part
of FA objects are also supported via eConnect. Please check with us on details


Web Site: http://www.albaspectrum.com

Contact Details: Andrew Karasev, Alba Spectrum http://www.albaspectrum.com
help@albaspectrum.com 1-866-528-0577, 1-630-961-5918, serving Great Plains USA and
Canada nationwide. Local service in Chicago, Houston, Dallas, San Diego. Please
visit our information portal Pegas Planet: http://www.pegasplanet.com . If you need
custom programming for GP, we are happy to help you with Dexterity, eConnect,
VBA/Modifier, SQL Stored Procedures, Crystal Reports. We also provide instant
support to new and existing clients via web sessions for the customers in CA, IL,
WI, NY, FL, IN, MI, TX, GA, NE, NM, AI, NC, SC, OR, WA, DC, DE, PA, VI, AZ, LA

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