I have submitted a suggestion to Microsoft Connect which I would appreciate people voting for. The issue is that Microsoft Dynamics GP Fixed Asset Management only supports depreciation over a 99 year life; in the UK property/land can need to be depreciated over 125 years (or sometimes even longer).
As GP doesn’t support this, clients are often reluctant to use the Fixed Assets module as they will have to handle the long-life assets in Excel and they commonly take the view that they might as well do all assets that way so that they are all stored in the same place.
Updating GP to support three character years would be of great benefit and allow assets to be depreciated over the correct life span. Please take a look and vote on this suggestion.
The Inside Microsoft Dynamics GP blog started a series of Microsoft Dynamics GP 2013 R2 Feature of the day posts the other day. As they did with the Microsoft Dynamics GP 2013 Feature of the Day posts they are doing them as short posts containing a PowerPoint slide show. I am translating these from the PowerPoints into posts; you can find my series index here.
The eighth Feature of the Day covered is Default Fixed Asset ID From The Asset Class. Microsoft Dynamics GP 2013 saw the introduction of feature which allowed the Asset ID to be defaulted in the same way as the Voucher Number. GP 2013 R2 has seen this feature extended further to allow each Asset Class to have it’s own Asset ID range defaulting.
In Asset Class setup (Next Asset ID which has a prefix and ID unique to the class:
) a class can be set to have a
I can see this being very useful to a number of my clients using Fixed Assets where they have a number of different asset classes where having different prefixes for the different asset types would be very useful.