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Microsoft Great Plains FA:
Fixed Assets Overview For Consultant
By Vincent Ong
Great Plains Fixed Assets Management module is a robust tool that can help you
manage your assets effectively. It integrates perfectly with other Great Plains
modules like General Ledger, Purchase Order Processing, and Payables Management
ensuring accuracy while reducing redundant data entry.
As with other Great Plains modules, save time and money by utilizing classes or
groups to make mass changes. This is useful for depreciating, retiring, or
simply changing the information for a set of assets with a single click. Great
Plains' intuitive graphical user interface makes it easy to access supporting
data on assets, books, etc. The latest versions of Great Plains Fixed Asset also
comes with a total of 16 depreciation methods covering diverse industries for
compatibility with company preferences. You also have the option to back
depreciation out, recalculate, add additional depreciable amount, and project
depreciation for years ahead for any number of assets in your book.
Features:
Easy Asset Setup Create and manage and unlimited number of books of assets
for each company, including corporate, federal tax, alternative minimum tax, and
more.
Customized Setup Add up to 15 user-defined fields to track any
industry-specific information that you need. You can also set defaults and
formats to meet business needs.
Asset Tracking Track comprehensive information about assets using standard or
user-defined fields, in multiple quantities or by an asset component like master
ID number or asset suffix.
Asset Classes Define asset classes to set defaults for a group of assets, as
well as set characteristics such as depreciation or asset retirement for
multiple assets at one time.
Averaging Conventions Utilize a variety of averaging conventions for
managing assets including averaging by half year, mid quarter, full month, full
period, full year, and others.
Depreciation Management - Use any of 16 depreciation methods such as straight
line, remaining life, and amortization, and forecast your depreciation expenses
for budgetary work.
Asset Review View and analyze in-depth information about assets on-screen
including asset account, lease, insurance, or user data, or drill down to the
originating transaction to look at greater detail.
Asset Manipulation Manage assets with powerful tools for adding or changing
assets such as retirement, transferals, and making mass changes to multiple
assets.
Reporting Flexibility Share information with a wide variety of standard
reports such as depreciation ledgers, property transfer, inventory list, and
asset retirements. Create custom reports using SmartList, Report Writer, and
Crystal Reports.
Vincent is a Great Plains specialist in Alba Spectrum Technologies
(http://www.albaspectrum.com ) USA nationwide Great Plains, Microsoft CRM
customization company, serving clients in Chicago, Houston, Atlanta, Phoenix,
New York, Los Angeles, San Francisco, San Diego, Miami, New Orleans, Toronto,
Montreal and having locations in multiple states and internationally. |
