Dynamics GP on myGPcloud Includes Fixed Assets

The Fixed Assets module in Dynamics GP is included in both Business Essentials (Plus) and Advanced Management (Plus)on myGPcloud.  These are some of the feature and benefits:

  • Integrated with purchasing and financial
  • Easy to use import functionality just for fixed assets
  • Maintain an unlimited number of books for internal, federal tax, state taxes
  • Many user-defined fields to capture the information about each asses you want
  • Transaction types for retirement, transfer, partial retirement, sale
  • Changes in depreciation determinants trigger restatement of depreciation to life of asset, beginning of year, or going forward only
  • Useful out-of-the-box reports to easily report on values, custodian, location
  • Ability to maintain records for leased items and other non-owned property
  • Complete audit trail to general ledger, by asset
  • Calculates projected depreciation for multiple years
  • Functionality to facilitate and record physical inventories
  • Mass change utility to easily make changes to large number of assets
  • Many different depreciation methods and averaging conventions

For people who currently track their fixed assets in a spreadsheet, the fixed assets module in Dynamics GP makes it easy to import your fixed asset information and manage it in your accounting system.

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