11 Jan Fixed Assets Retirement in Dynamic GP
This video shows the fixed assets retirement function:
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The Fixed Assets module in Dynamics GP helps you easily account for and control your fixed assets. Besides being well integrated with the general ledger and purchasing functions, the module also has various transaction types that allow you to accurately record fixed asset transactions.
The fixed assets retirement transaction allows you to record a full or partial retirement of an asset. It does all the appropriate calculations and creates the necessary general ledger transactions.
There are several disposition options:
- Involuntary Conversion
- Like-Kind Exchange
- Mass Retirement
- Taxable Exchange