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Microsoft Dynamics GP October 2025 - Luxury Auto Depreciation Display and Edit

Terry R Heley Profile Picture Terry R Heley Microsoft Employee
As Dynamics GP continues to evolve, staying current isn’t just about compliance—it’s about maximizing the value and flexibility of your system.

The new Luxury Auto Depreciation feature in Dynamics GP 18.8 is a perfect example of this progress.

Every year, the IRS updates depreciation limits for luxury vehicles. In the past, keeping up meant installing annual updates. Now, Dynamics GP 18.8 introduces a dedicated table that automatically stores these values by year. This gives you the ability to view, manage, and edit depreciation limits yourself—without waiting for system updates.

What does this mean for you?
Accuracy & Compliance: Your Fixed Assets module stays aligned with IRS regulations.
Better Reporting: Ensure financial statements reflect the latest depreciation rules.
Future-Ready: Adapt to regulatory changes without major system overhauls.

If your business relies on Fixed Assets, this isn’t just a nice-to-have—it’s a strategic move to keep your system compliant, efficient, and ready for what’s next.

How to Access:
Navigate to Tools → Setup → Fixed Assets → Luxury Depreciation.

       

Why This Matters for Dynamics GP Users Managing Fixed Assets
Regulatory Compliance: IRS depreciation limits change annually. Missing updates can lead to inaccurate asset values and tax reporting issues.
Operational Efficiency: Automating these updates reduces dependency on yearly patches and minimizes downtime.
Long-Term Value: By future-proofing your system, you maintain flexibility as regulations evolve thru the lifecycle of Dynamics GP.

Thanks for voting this one up and showing how important it is to your business.   Enjoy this highly requested GP feature.
Continue to check back to the Microsoft Dynamics GP October 2025 - Feature Blog Series to review upcoming blog posts related to our new features and other helpful resource links.

For detailed documentation on all the features: Microsoft Dynamics GP Detailed Documentation
Terry Heley
Microsoft

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