Fixed Assets Management
Fri, September 05, 2008
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Microsoft Great Plains FA: Fixed Assets - Overview For Consultant
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.
Good luck with implementation, customization and integration and if you have issues or
concerns we are here to help! If you want us to do the job - give us a call
1-630-961-5918 or 1-866-528-0577! help@albaspectrum.com
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.
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