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Microsoft Dynamics GP (Archived)

GP 2013 Fixed Asset Features

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Posted on by 75,788 Moderator

Where can I find what the new features are in Fixed Assets with GP 2013?

Can fixed assets handle tax depreciation?

 

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  • Richard Wheeler Profile Picture
    Richard Wheeler 75,788 Moderator on at
    RE: GP 2013 Fixed Asset Features

    Where in IM are destination adpaters for Fixed Assets. Is this only available when using eConnect?

  • Frank Hamelly | MVP, MCP, CSA Profile Picture
    Frank Hamelly | MVP... 46,321 Super User 2025 Season 1 on at
    RE: GP 2013 Fixed Asset Features

    You might also want to look at using Integration Manager to import the assets.  It's faster than the Import Wizard.

  • Verified answer
    Howard Swerdloff Profile Picture
    Howard Swerdloff 845 on at
    RE: GP 2013 Fixed Asset Features

    Yes, you can import fixed assets. Go to utilities fixed assets and select asset import / export. If you press F1 to get help on the window, there are several pages you can read through that will tell you which fields are required and how to setup the import file.

  • Richard Wheeler Profile Picture
    Richard Wheeler 75,788 Moderator on at
    RE: GP 2013 Fixed Asset Features

    Thanks for the tips. My client has used GP for yeaers and they just recently purchased a company with a few thousand assets. Is there any way to import assets into Fixed Assets?

  • Frank Hamelly | MVP, MCP, CSA Profile Picture
    Frank Hamelly | MVP... 46,321 Super User 2025 Season 1 on at
    RE: GP 2013 Fixed Asset Features

    To expand on Warren's response, you can have as many books as you want in Fixed Assets.  This is not new to 2013 - it's been part of FA at least back to version 5.0, maybe longer.  Many companies setup 3 books - 1 for Internal, 1 for Fed Tax and 1 for State Tax.  some set another book up for AMT as well (Alternative Minimum Tax).

  • Warren R. Pease Profile Picture
    Warren R. Pease 730 on at
    RE: GP 2013 Fixed Asset Features

    To answer the tax depreciation question, you can have more than one books.   So tax can be one book and have different depreciation method from the other books.   Typically, an Internal Book and a Tax Book.   The Internal Book is what feeds depreciation, etc. to the GL.   Tax Book is used for tax reporting.  

    Warren

  • Verified answer
    Howard Swerdloff Profile Picture
    Howard Swerdloff 845 on at
    RE: GP 2013 Fixed Asset Features

    Richard,

    Look at the following link. www.microsoft.com/.../details.aspx The fixed assets enhancements start on p 13.

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