Fixed Assets in Microsoft Dynamics GP 2013-2015

Code: 80576
Course duration: 1 days
Location Period
Secaucus, New Jersey (Virtual Instructor-Led) 12-29
09:00AM to 05:00PM
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Palm Beach County Florida (Instructor-Led) 12-29
09:00AM to 05:00PM
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Greenwich, Connecticut (Instructor-Led) 12-29
09:00AM to 05:00PM
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Fort Lauderdale, Florida (Virtual Instructor-Led) 12-29
09:00AM to 05:00PM
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Mid-Town New York City (Virtual Instructor-Led) 12-29
09:00AM to 05:00PM
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Newark, New Jersey (Virtual Instructor-Led) 12-29
09:00AM to 05:00PM
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Attend Online 12-29
09:00AM to 05:00PM
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NYC-23rd Street (Virtual Instructor-Led) 12-29
09:00AM to 05:00PM
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Northern New Jersey (Virtual Instructor-Led) 12-29
09:00AM to 05:00PM
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Wilkes-Barre, Pennslyvania (Virtual Instructor-Led) 12-29
09:00AM to 05:00PM
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Secaucus, New Jersey (Virtual Instructor-Led) 01-26
09:00AM to 05:00PM
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Palm Beach County Florida (Instructor-Led) 01-26
09:00AM to 05:00PM
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Greenwich, Connecticut (Virtual Instructor-Led) 01-26
09:00AM to 05:00PM
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Fort Lauderdale, Florida (Instructor-Led) 01-26
09:00AM to 05:00PM
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Mid-Town New York City (Virtual Instructor-Led) 01-26
09:00AM to 05:00PM
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Newark, New Jersey (Virtual Instructor-Led) 01-26
09:00AM to 05:00PM
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Attend Online 01-26
09:00AM to 05:00PM
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NYC-23rd Street (Virtual Instructor-Led) 01-26
09:00AM to 05:00PM
enroll
Northern New Jersey (Virtual Instructor-Led) 01-26
09:00AM to 05:00PM
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Wilkes-Barre, Pennslyvania (Virtual Instructor-Led) 01-26
09:00AM to 05:00PM
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Palm Beach County Florida (Instructor-Led) 02-23
09:00AM to 05:00PM
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Greenwich, Connecticut (Virtual Instructor-Led) 02-23
09:00AM to 05:00PM
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Fort Lauderdale, Florida (Virtual Instructor-Led) 02-23
09:00AM to 05:00PM
enroll
Mid-Town New York City (Instructor-Led) 02-23
09:00AM to 05:00PM
enroll
Newark, New Jersey (Virtual Instructor-Led) 02-23
09:00AM to 05:00PM
enroll
Attend Online 02-23
09:00AM to 05:00PM
enroll
NYC-23rd Street (Virtual Instructor-Led) 02-23
09:00AM to 05:00PM
enroll
Northern New Jersey (Virtual Instructor-Led) 02-23
09:00AM to 05:00PM
enroll
Wilkes-Barre, Pennslyvania (Virtual Instructor-Led) 02-23
09:00AM to 05:00PM
enroll
Secaucus, New Jersey (Virtual Instructor-Led) 02-23
09:00AM to 05:00PM
enroll
Wilkes-Barre, Pennslyvania (Virtual Instructor-Led) 03-30
09:00AM to 05:00PM
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Secaucus, New Jersey (Virtual Instructor-Led) 03-30
09:00AM to 05:00PM
enroll
Palm Beach County Florida (Instructor-Led) 03-30
09:00AM to 05:00PM
enroll
Greenwich, Connecticut (Virtual Instructor-Led) 03-30
09:00AM to 05:00PM
enroll
Fort Lauderdale, Florida (Virtual Instructor-Led) 03-30
09:00AM to 05:00PM
enroll
Mid-Town New York City (Virtual Instructor-Led) 03-30
09:00AM to 05:00PM
enroll
Newark, New Jersey (Virtual Instructor-Led) 03-30
09:00AM to 05:00PM
enroll
Attend Online 03-30
09:00AM to 05:00PM
enroll
NYC-23rd Street (Instructor-Led) 03-30
09:00AM to 05:00PM
enroll
Northern New Jersey (Virtual Instructor-Led) 03-30
09:00AM to 05:00PM
enroll

Fixed Assets in Microsoft Dynamics GP 2013-2015

Course 80576

Course Duration: 1 Day

About This Course

The Microsoft Dynamics GP Fixed Assets course describes the processes required to enter, depreciate, and retire fixed assets. This course also demonstrates how to perform additional related functions such as changing asset information, mass changes, partial transfers and partial retirements.

Audience Profile

This course is intended forsomeonewanting to learn the basic features and to develop a working knowledge of the typical day-to-day procedures required to effectively use Fixed Assets. The class is targeted toward data entry clerks, administrators; accountants, CEOs, and consultants who need to understand the technical aspects of Fixed Assets in Microsoft Dynamics GP and gain foundational knowledge of the application’s functionality.

At Course Completion

After completing this course, students will be able to:

  • Createasset records, asset books, asset classes, and asset book classes.
  • Maintain asset records using transfers, changes, and retirements.
  • Depreciate assets and post depreciation from Fixed Assets to General Ledger.
  • Understand thepossible integration pointsFixed Assets haswith other Microsoft Dynamics GP modules.
  • Identify available utilities that are used to manage asset records.

Prerequisites

Before attending this course, students must have:

  • General knowledge of Microsoft Dynamics GP.
  • Basic knowledge of accounting principles, especially the concept of depreciation.

Course Outline

Module 1: Overview and Setup Procedures

This module providesan overview of the features and benefits of using Fixed Assets in Microsoft Dynamics GP in an integrated environment. It examines the options available to customize this module to reflect the way your organization does business. You will learn how to set up assets to track depreciation information for a company andwill discuss how to use asset classes and asset books to organize asset data.

Lessons

  • Features and Benefits
  • Fixed Assets Processes and Integration
  • Configure the Fixed Assets Calendar
  • Enter Account Groups
  • Enter Fixed Assets Post Accounts
  • Create Insurance and Asset Class Records
  • Create Book Records
  • Create Book Class Records
  • Fixed Assets Company Setup
  • Create Location and Physical Location Records
  • Create Lease, Retirement and Structure Records
  • Fixed Assets User Preferences
  • Enter Existing Assets

Lab: Account Group Setup

Lab: Purchasing Posting Accounts Setup

Lab: Class Setup

Lab: Book Setup

Lab: Book Class Setup

Lab: Fixed Assets Company Setup

After completing this module, students will be able to:

  • Modifythe Fixed Assets calendar and enter quarter records.
  • Set up Fixed Assets purchasing posting accounts.
  • Create book, class and book class records.
  • Create location and physical location records which can be assigned to assets.
  • Set up Lease, Retirement, and Structure records that can be assigned to assets.
  • Enter existing assets when first implementing Fixed Assets.

Module 2: Daily Procedures

This module defines the ways that assets can be added in Fixed Assets. It explores the Payables Management and Purchase Order Processing interface and how to import new asset additions using the Asset Import/Export window. The major focus of this chapter is the interface from Payables and Purchase Order to Fixed Assets.

Lessons

  • Asset General Information
  • Asset Account Information
  • Asset Book Information
  • Asset Insurance and Lease Records
  • Asset User Data
  • Payables Management Interface
  • Purchase Order Processing Interface

Lab: Asset General Information

Lab: Asset Book Information\

Lab: Asset Book ITC Information

Lab: Payables Management Interface

  • Enter the Invoice in Payables Management
  • Add the Paper Shredder to Fixed Assets

Lab: Enter a Purchase Order for a Capital Item

Lab: Receive the Capital Item

Lab: Enter a Capital Item in Fixed Assets

After completing this module, students will be able to:

  • Add fixed assets using the Asset General Information window.
  • Enter or view the accounts assigned to an asset.
  • Enter depreciation related information for assets in each asset book.
  • Enter insurance and lease records for assets.
  • Enter user-defined fields to track other necessary information about assets.
  • Usethe interface between Payables Managementand Fixed Assets to add an asset.
  • Use the interface between Purchase Order Processing and Fixed Assets to add an asset.

Module 3: Maintaining Records

This module examines the functionality available to maintain Fixed Assets records. The process to perform depreciation projections, asset transfers, and asset retirements is discussed in detail. The utilities that ensure the integrity of data such as file maintenance, reconcile, and deleting assets are examined. It also discusses the Inquiry windows and reports that can be generated from the Fixed Assets module.

Lessons

  • Select Assets
  • Depreciation Projections
  • Changing Asset Information
  • Transferring Assets
  • Retire Assets
  • Retire Undo
  • Asset Utilities
  • Using Inquiries
  • Report Options and Printing
  • Report List

Lab: Select Assets

Lab: Depreciation Projection

Lab: Mass Change

Lab: Transfer an Asset

Lab: Partial Retirement

Lab: Retire Undo

After completing this module, students will be able to:

  • Createa group of assets.
  • Project depreciation for one asset or a group of assets.
  • Change asset information for a single asset or a group of assets.
  • Use the Transfer Maintenance window to make changes to asset information.
  • Retire assets that are sold or disposed of in your business.
  • Undo retirements of assets.
  • Reconcile, maintain and delete assets using Fixed Assets utilities.
  • Inquire on fixed asset information.
  • Create report options and print asset related reports.

Module 4: Period-End Procedures

This module examines the processes that are completed at the end of the month, period, calendar, and fiscal year.It focuses onissues that may cause Fixed Assets to be out of balance with the General Ledger. Italsodiscusses the reports that should be printed prior to performing the closing process.

Lessons

  • Period-End Procedures
  • Year-End Procedures

Lab: Depreciation

Lab: Fixed Assets to General Ledger Posting

After completing this module, students will be able to:

  • Complete period-end procedures at the end of a month or period.
  • Complete year-end procedures at the end of a fiscal year.

Guaranteed to Run

2018-03-07 09:00 to 2018-03-09 17:00
Fort Lauderdale, Florida (Virtual Instructor-Led)
2017-12-11 09:00 to 2017-12-15 17:00
Attend Online
2017-12-04 09:00 to 2017-12-08 17:00
Attend Online
2017-12-04 09:00 to 2017-12-08 17:00
Attend Online
2017-11-27 09:00 to 2017-12-01 17:00
Attend Online
2017-11-27 08:00 to 2017-12-01 17:15
Attend Online

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