Home » Listing Details
Top Websites
  1. Dynamics GP Help
    Over 5600 resources listed.
  2. Mark Polino's DynamicAccounting.net
    Over 5100 resources listed.
  3. Rose Business Solutions Blog New
    Over 2200 resources listed.
  4. Developing for Dynamics GP - By David Musgrave and the MS GP Dev Support Team
    Over 1100 resources listed.
  5. Mariano Gomez at The Dynamics GP Blogster
    Over 900 resources listed.
  6. Microsoft Dynamics Partner Community Blog
    Over 900 resources listed.
  7. Christina Phillips, Steve Endow & Lorren Zemke at Dynamics GP Land
    Over 700 resources listed.
  8. Mohammad Daoud's Dynamics GP Blog
    Over 600 resources listed.
  9. Vaidy Mohan at Dynamics GP - Learn & Discuss
    Over 500 resources listed.
  10. Inside Microsoft Dynamics GP Official Blog
    Over 500 resources listed.
  11. eOne Business Solutions Blog
    Over 400 resources listed.
  12. About Dynamics, Development and Life
    Over 300 resources listed.
  13. Frank Hamelly at GP2theMax
    Over 300 resources listed.
  14. Dynamics CPM
    Over 300 resources listed.
  15. BKD Dynamics GP Insights Blog
    Over 200 resources listed.
  16. Leslie Vail at Dynamics Confessor Blogspot
    Over 200 resources listed.
  17. Victoria Yudin's Dynamics GP Website
    Over 200 resources listed.
    Victoria Yudin
  18. Janakiram M.P. at DynamicsBlogger
    Over 100 resources listed.
  19. VS Tools Forum
    Over 100 resources listed.
    Your Resource for Visual Studio Tools for Dynamics GP
  20. Inside Microsoft Dynamics GP Official Blog
    Over 100 resources listed.
  21. US Dynamics GP Field Team Blog
    Over 100 resources listed.
  22. Catherine Eibner MBS Developer Evangelist
    Over 100 resources listed.
  23. Sivakumar Venkataraman at Interesting Findings & Knowledge Sharing
    Over 100 resources listed.
  24. Dynamics Small Business
    Over 100 resources listed.
  25. Belinda, The GP CSI
    Over 100 resources listed.

ID:9652
Title:gptip42day - Recalculating Depreciation
URL:http://gp2themax.blogspot.com/2010/01/gptip42day-recalculating-depreciation.html
Description:

When you make changes to depreciation-sensitive fields in an asset book record, depreciation needs to be recalculated. Changing any of the following fields requires recalculation –

• Amortization Code
• Amortization Amount
• Averaging Convention
• Cost Basis
• Depreciation Method
• Depreciated-to-Date
• Life-to-Date Depreciation
• Luxury Automobile
• Original Life
• Place-in-Service Date
• Salvage Value
• Switchover
• Year-to-Date Depreciation
• Special Depr Allowance

When you change any of these fields then click ‘Save’, this message appears –



* click image to enlarge

Selecting ‘Yes’ results in this window appearing –



* click image to enlarge

Reset Life recalculates depreciation from the date the asset was placed in service through the period the asset has been depreciated. Depreciation adjustments will be made for each period, but the depreciation does not have to be posted to General Ledger for each of these periods. You can use the FA General Ledger Posting window to select a range of periods from the financial detail file, then post the entire amount to the period of the recalculation date.

Reset Year calculates a new yearly depreciation rate and uses the new rate to recalculate depreciation from the beginning of the current fiscal year through the period the asset has been depreciated. This depreciation does not have to be posted to General Ledger for each period. You can use the FA General Ledger Posting window to select a range of periods from the financial detail file, then post the entire amount to the period of the recalculation date.

Recalculate calculates a new yearly depreciation rate as of the beginning of the current fiscal year. However, calculations are not based on the new rate until the next time depreciation is run on the asset. The current year-to-date depreciation amount is not affected. The difference between the new yearly rate and the current year-to-date depreciation amount is allocated over the remaining periods in the current fiscal year.

Category:TIPS AND TRICKS BY MODULES: Fixed Asset Management
Link Owner:
Date Added:June 17, 2010 05:08:26 AM
Number Hits:132
RatingsAverage rating: (0 votes)
Reviews

No Reviews Yet.

 
GPWindow.com

Thank you for your support for GPWindow. It helps us cover part of the hosting costs for GPWindow.