gp2themax

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• Fixed Assets

• GPTip42day - Adding a non-depreciating asset

  From the GP forums this morning comes the question 'How do I capitalize an asset without depreciating it?' The poster had received some fixed assets as gifts and didn't want to depreciate them. Here's how you do it - very simple. In the... Published: Monday, February 22, 2010, 05:55 AM Tags: Fixed Assets, Depreciation

• gptip42day - Recalculating Depreciation

  When you make changes to depreciation-sensitive fields in an asset book record, depreciation needs to be recalculated. Changing any of the following fields requires recalculation – • Amortization Code • Amortization Amount • Averaging Convention • Cost... Published: Sunday, January 10, 2010, 02:38 PM Tags: Fixed Assets, Depreciation

• gptip42day - MACRS Depreciation in GP

  A question I run into rather regularly from users is 'Where do I enter the MACRS tables?'. Well, the short answer is, you don't. GP doesn't utilize MACRS tables for calculating MACRS depreciation. Instead, it uses a combination of the... Published: Monday, October 12, 2009, 06:31 PM Tags: Fixed Assets, Depreciation