Friday, July 19, 2013

Great Plains Installation, Development, Support, Conversion: Fixed Assets (FA)

This article shows the most important features of the Great Plains Fixed Assets Module. The objective of this summary is to educate Great Plains users about the capabilities of this ERP System and to determine if additional Customization is required.

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Features Overview

Easy Asset Setup: Create and manage an unlimited number of books of assets for each company, including corporate, federal tax, alternative minimum tax, and more.

Intuitive Interface: Find asset information using an intuitive graphical user interface with onebutton access to maintenance, purchase, insurance, lease, book, or other critical
information.

Customized Setup: Add up to 15 user-defined fields to track any industry-specific information that you need, set defaults and formats to meet business needs, and hide or display fields as needed.

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 SmartLists, Report Writer, and Crystal Reports in Microsoft
Dynamics GP.

Property Management: Manage physical inventory and asset movement with location IDs that reconcile an asset's actual physical location with the recorded physical location.

Integration: Update the General Ledger automatically with Fixed Asset Management
information and integrate with asset information from Purchase Order Processing and Payables Management in Microsoft Dynamics GP.


If you need additional Customization to your Great Plains system I would be glad to advice you: T. 626 404 7812 - http://www.clfsolutions.com

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