You asked, and we listened! Thanks to high Partner/Customer demand, with this release of Microsoft Dynamics GP, users can now transfer the Class ID for one asset via the Asset Transfer window!!!! Additionally, users can now transfer the Class ID for a group of assets via the Fixed Assets Mass Transfer window. 

The Class ID change will be reflected in the Asset General window. 

In prior versions of Microsoft Dynamics GP, users did not have the ability to transfer the Asset Class ID via the Asset Transfer window. Instead, the Asset Class ID had to be changed for each asset in the Asset General window.

As always, the Transfer Date must fall in the 'current' Fixed Assets year.

If the transfer date is earlier than the depreciated to date for the asset at the time of the transfer, depreciation will be backed out to the transfer date. 

If the transfer date is later than the depreciated-to date for the asset at the time of the transfer, depreciation will be taken through the transfer date. New depreciation will begin for the asset on the day after the transfer date.

Newly assigned accounts will be used for depreciation moving forward if applicable. 

The Class ID field has been added to the Transfer Maintenance window to accommodate the "Add Class ID to Fixed Assets Transfer window" feature. To open the Transfer Maintenance window: On the Microsoft Dynamics GP menu, highlight Transactions, point to Fixed Assets, and click on Transfer.

  

Functionality has been added to the GL Accounts expansion window to accommodate this feature. To open the Expansion Transfer window: On the Microsoft Dynamics GP menu, highlight Transactions, point to Fixed Assets, select Transfer, and click on the blue arrow next to G/L Accounts.

    

When the Class ID is changed, the Account Group ID and accounts in the GL Accounts expansion window will automatically be updated to match the Account Group ID assigned to that Class ID in the Class ID Setup window. 

If no Account Group ID is assigned in the Class ID Setup window, no changes will automatically occur in the GL Accounts expansion window. Users can manually update the Account Group ID and/or accounts regardless of whether they default in from the Class ID Setup window.           

The Class ID field has been added to the Fixed Assets Mass Transfer window to accommodate the "Add Class ID to Fixed Assets Transfer windows" feature. To open the Fixed Assets Mass Transfer window: On the Microsoft Dynamics GP menu, highlight Transactions, point to Fixed Assets, and click on Mass Transfer.

   

When the Class ID is assigned in the Fixed Assets Mass Transfer window, the Account Group ID and accounts will automatically default in from the Account Group ID assigned to that Class ID in the Class ID Setup window.  If no Account Group ID is assigned in the Class ID Setup window, the Account Group ID and accounts will not be updated automatically. Users can manually update the Account Group ID and/or accounts regardless of whether they default in from the Class ID Setup window.

Table Name

New Field

New Field

FA00800

FromClassID

TOCLASSID

FA00801

FromClassID

TOCLASSID

For more documentation on our new features please check out our Microsoft Dynamics GP New Feature Blog Series! 

Enjoy!

Andrea Melroe

Microsoft Support