Microsoft Dynamics GP 10.0 Fixed Assets (8691A)
The one-day Microsoft Dynamics GP Fixed Assets course delves into the accounting cycle and the processes required to enter, depreciate, and retire fixed assets. This course shows how to perform additional functions such as changing asset information, mass changes, partial transfers, partial retirements, and retirement undo.
A thorough understanding of these topics allows companies to keep accurate records and learn to use comprehensive reporting features to present data in different ways. This course also teaches how to define default values that automatically populate data fields and gather the information you need to make better business decisions by exploring powerful inquiry and lookup functions.
Chapter 1: Overview and Setup Procedures
This chapter provides a general overview of the features and benefits of using the Fixed Assets module in an integrated environment. It also examines in detail the options available to customize this module to reflect the way your organization does business. You set up assets to track crucial information in a company. Time is spent discussing how to use asset classes and asset books to organize and ease data entry. The last step is entering Beginning Balances for each asset when first implementing the Fixed Assets module. Once the Fixed Assets set up has been defined, there are many reports available to document the selected preferences.
Main Topics
Labs
The goals for completing this chapter are for students to:
Chapter 2: Daily Procedures
This chapter 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.
Main Topics
Labs
The goals for completing this chapter are for students to:
Chapter 3: Maintaining Records
This chapter examines the functionality available to maintain Fixed Assets records. The process to perform depreciation projections, asset transfers, and asset retirements is covered in detail. The utilities that ensure the integrity of data such as file maintenance, reconcile, and deleting assets are examined. Retrieving information is also a big focus of this chapter. Time is spent discussing the inquiry windows and reports that can be generated from the Fixed Assets module.
Main Topics
Labs
The goals for completing this chapter are for students to:
Chapter 4: Period-End Procedures
This chapter examines the processes that are completed at the end of the month, period, calendar, and fiscal year. This chapter focuses on the errors that may cause Fixed Assets to be out of balance with the General Ledger.
The chapter examines the reports that should be printed prior to performing the closing process. Time is spent discussing what actually takes place during the closing process and the two types of closings: calendar year and fiscal year.
Main Topics
Labs
The goals for completing this chapter are for students to:
Before attending this course, students must have:
Course completion objectives are:
Customers wanting 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; office managers, CEOs, and consultants who need to understand the technical aspects of Fixed Assets and gain foundational knowledge of the application's functionality.
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