Home » Listing Details
Top Websites
  1. Dynamics GP Help
    Over 5800 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:9739
Title:gptip42day - Fixed Asset Calendar with more than 12 Periods
URL:http://gp2themax.blogspot.com/2009/09/gptip42day-fixed-asset-calendar-with.html
Description:

Having more than 12 periods in your Fixed Asset Calendar can cause undesirable behavior with depreciation calculation and posting, especially if you make the mistake of running & posting depreciation in the 13th or greater period.  I've had to completely clear and rebuild depreciation tables for clients because of this.  Here's how to prevent such issues -

1.  If you have not yet setup your company, regardless of the number of periods you ultimately want to have in your Fiscal Calendar, set it up with 12 periods first.  Then build the Fixed Asset Calendar.  The FA Calendar is based on the Fiscal Calendar so you initially want a 12 period Fiscal Calendar.  If you set the Fiscal Calendar to 13 or more periods, and then build the FA Calendar, you'll end up with 13 or more periods in your FA Calendar - not a good thing.  GP does funky things with depreciation when there are more than 12 periods in the FA Calendar. After you've built the Fixed Asset Calendar, go back and set the Fiscal Calendar to 13 or more periods.

Tools>Setup>Company>Fiscal Periods



2.  If your Fiscal Calendar was originally setup with more than 12 periods and transactions have been posted, you'll need to reset your Fiscal Calendar to 12 periods and run 'Reconcile Financial Information'.  Then rebuild your FA Calendar.  This will reset your FA calendar to 12 periods.  Then go back and reset your Fiscal Calendar to 13 or more periods and run 'Reconcile Financial Information' again.

To Reconcile go Tools>Utilities>Financial>Reconcile.  Select the Year to reconcile and click 'Reconcile'. 



(Note - When you click Reconcile when the Year check box is selected, no report is printed. Additionally, no message appears that states that the reconciliation process is complete. The reconciliation process recalculates the summary information based on the detailed transactions in the General Ledger files. The reconciliation process usually takes several seconds.)

Category:TIPS AND TRICKS BY MODULES: Fixed Asset Management
Link Owner:
Date Added:June 17, 2010 05:09:16 AM
Number Hits:117
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.