Book Image

Microsoft Dynamics GP 2010 Cookbook

By : Mark Polino
Book Image

Microsoft Dynamics GP 2010 Cookbook

By: Mark Polino

Overview of this book

Microsoft Dynamics GP is an Enterprise Resource Planning system, essentially an accounting system on steroids, designed for mid-sized organizations. The implementation of Dynamics GP is usually considered to be complex, and people often realize there must be more efficient ways of working with the system. This book will show readers how to improve their use of Dynamics GP and get the most out of this tool quickly and effectively.This book picks up where implementation training leaves off. Whether you are new or experienced you will find useful recipes for improving the way you use and work with Dynamics GP. The clear recipe steps and screenshots make implementing these solutions easy for users of any level and will be sure to improve your efficiency with the Dynamics GP system.The book starts with recipes designed to enhance the usefulness of Microsoft Dynamics GP by personalizing the look and feel of the application. Most of the recipes are designed to give tips for a typical installation of Dynamics GP, including core financials and distribution modules. The book then moves through recipes that include automating Dynamics GP to allow users or administrators to focus on value adding tasks, harnessing the power of SmartLists to leverage both simplicity and power, connecting Dynamics GP to Microsoft Office 2007, exposing hidden features in Dynamics GP, and much more!By following the clear recipe steps and screenshots in this book, you will learn what is required to improve your efficiency with the Dynamics GP system
Table of Contents (17 chapters)
Microsoft Dynamics GP 2010 Cookbook
Credits
About the Author
Acknowledgement
About the Reviewers
Preface
Index

Tracking Tangible Personal Property Tax information for Fixed Assets


In the United States Tangible Personal Property Tax is a local tax on non-real property held by businesses. It is one of the most difficult taxes to account for and process because each locality uses a different form and a different calculation. The tax can be assessed at the state, county, or city level and in some cases, at all three levels with three different forms. The small firm I worked for had to process 12 different jurisdictions for 6 locations. The number of tax returns can increase exponentially with each company location.

Dynamics GP at least provides an option to track tangible personal property locations and costs as part of Fixed Assets, but the window is not well labeled. Consequently, most users don't know that this option exists.

This recipe looks at the tangible personal property tax functions in Dynamics GP and how to use them to make the tax filing process more efficient.

Getting ready

As tangible personal...