I'm just wondering if anyone knows the best way of integrating a fixed asset register into GP, ideally i need to have the original cost of the asset in GP as I don't want to import the asset at its current NBV and have to amend the useful life to match the current monthly depreciation in excel but from an accounting perspective I dont want to have to make any adjustments to prior periods.
The fixed asset register has a few thousand lines so ideally need the most efficient way.
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You can import your fixed assets at original cost with depreciated to date as a separate field. If you own Integration Manager, they have a fixed asset import as one of the eConnect adapters that come with the program. The fixed asset module itself comes with a built-in import that is generally easy to use if you carefully read the directions. I have some Excel spreadsheets that I use as import templates. If you will send me an email and ask for them, I can send you a copy. Keep in mind that when you set up fixed assets, the most important decision you make is identifying the Class correctly. Have you had any training on the fixed asset module?
Kind regards,
Leslie
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