GP 2013 adds historical fixed asset reporting. Just about every fixed asset report now offers a Depreciation as of' field to make it easy to run historical fixed asset reports. See screen shot below

How To Edit Posted Payables Transactions in GP2010

Ever find yourself looking at a Payables aging (trial balance report) wondering why the due date on a voucher is 2/15/2013 when it should have been 3/15/2013? Maybe you’ve just ran the Select Checks process and a voucher that should be due was not included because the wrong terms were used?

Did you know that you can edit the due date and more on a posted payables transaction without the need to void it and start over?

Here’s how:

Go to Purchasing >> Transactions >> Edit Transaction Information.

Available: QuickBooks Pro, Premier, Professional Bookkeeper, Accountant and Enterprise

Where: When You First Open QuickBooks, or Help, What's New See at a glance new feature tips in QuickBooks 2013.

For new and upgrader QuickBooks users, tips on the new features will display as shown in Figure 1. Click to minimize the tips, click to close the tips, or return the tips to the screen by selecting Help, What's New from the icon bar.

Periodically, questions arise as to how to void a partially applied Payables transaction in Dynamics GP. This is one area where the Payables module differs drastically from the Receivables module.

The issue is that when you go to void a partially applied Payables transaction you receive the following message:

Your only option here is to click OK. So is it possible to void a partially applied Payables transaction? The short answer is no.

Belinda the GP CSI covered this as part of a look at the Checkbook registered but I wanted to pull it out and highlight it.

The Checkbook register can be slow returning large amount of data. A way to deal with this is to set the data range you want FIRST then pick the Checkbook ID.

Ever wonder why no matter what parameters are used, no documents are presented for write off in Write Off Documents (Sales>>Routines>>Write Off Documents). On the Customer Card, under the Options button, if Maximum Writeoff is set to zero, you won't be able to write off documents for this customer.

A client was recently reviewing their sales process with the goal of better managing the allocation and fulfillment of sales orders. One of the questions to came through to our office was "What can we do to keep inventory from becoming allocated as soon as a sales order is entered?
The starting point for the answer to this question is one of the Sales Document Setup windows.

When entering account transaction data in Dynamics GP, the system tries to be helpful and puts the cursor in the debit or credit column based on the debit/credit setting in account setup. This is great until you want to debit an account with a default credit balance and vice versa.

In the current economic downturn, more taxpayers are going through foreclosures or having property repossessed when they can’t pay debts secured by property.  The last thing these people want to think about is taxes, but things could be worse…

In Taxation of abandonments, foreclosures and repossessions, posted on The Journal of Accountancy this month, Curtis Webley explains the options facing personal and business foreclosure scenarios, of which there are many.

You may have wondered how Microsoft Dynamics GP calculates the Avg. Days on the Customer Payment Summary Screen. Read further to find out how that number is calculated.

How Microsoft Dynamics – GP calculates Average Days To Pay

After a customer has paid his or her first invoice, the average days to pay (ADTP) is calculated based on the number of invoices a customer has, the time taken to pay the first invoice, and the time taken to pay the most recent invoice.