Extending the Fixed Assets Calendar

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Posted on by Tina Haerr

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We have a client who is changing their fiscal year from 6/30 to 9/30 and are planning to make 2018 a 16 month year (the currently have 13 periods) so their 2019 year is from 10/1/18 - 9/30/19.

What implications does this on fixed assets?
Do I recreate the existing calendar of create a new one?
Is there anything we have to do to the assets themselves?
When clients do this, do they typically depreciate their assets over the entire 16 months or just the normal 13?
Any detailed instructions would be greatly appreciated.

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Dean Marty Microsoft Employee on at

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I would point you to a Microsoft blog on the subject:

community.dynamics.com/.../guidelines-for-fiscal-period-year-changes-with-fixed-assets-in-dynamics-gp-10-and-2010

Thanks!

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Dean

Partner Online Technical Community

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