Hands On With Microsoft Dynamics GP 2016 R2: POP To FA Link Includes Taxes

February 28th, 2017 by

Microsoft Dynamics GPWith the release of Microsoft Dynamics GP 2016 R2 it’s time for a series of “hands on” posts where I go through the installation of all of it’s components and also look at the new functionality introduced; the index for this series can be found here.

The thirteenth Feature of the Day I am going “hands on” with is POP to FA Link to Include Taxes.

This feature will be popular with some of our clients who deal with non-recoeverable VAT (VAT is a UK sales tax charged at a standard rate of 20%) as non-rec VAT means they would need to depreciate the gross value of the asset including VAT where in previous versions the asset would be created net and need to be amended.

To use this feature, the Include Tax in Acquisition Cost checkbox on the Fixed Assets Company Setup window (Financial >> Setup >> Fixed Assets >> Company) under the Purchasing Options:

Fixed Assets Company 	Setup

When a Receivings Transaction is entered (Purchasing >> Transactions >> Receivings Transaction Entry), the Include Tax in Acquisition Cost checkbox on the FA POP Additional Information window will be marked by default:

FA POP Additional Information

On the above screenshot the Extended Cost and Calculated Tax fields give a combined value of $8560, which is the value shown when the new fixed asset is created in the Fixed Asset General window (Financial >> Cards >> Fixed Assets >> General):

Asset Purchase

Click to show/hide the Hands On With Microsoft Dynamics GP 2016 R2 Series Index

Hands On With Microsoft Dynamics GP 2016 R2
Install Dynamics GP Client
Deploy System Database
Desktop Client First Run
Create A Company
Install eConnect
Install Integration Manager
Integration Manager First Run
Add Web Client Runtime
Install Web Client Single-Machine Deployment
Configure Web Components
Install Web Components Help
Manage Web Client SQL Server Login
Test Web Client
Install GP Web Resource Cache
Install Web Services Runtime
Configure Web Services
Verify Web Services
Install Companion Application Service
Install GP PowerShell
Use GP PowerShell To Create a Company
Install GP Add-in for Microsoft Word
Install GP OData Service
Configure & Use OData Service
Create Installation Package
Add Service Based Architecture Feature
Install Service Based Architecture Web Components
Configure Web Components For Service Based Architecture
Add Analysis Cubes Client
Install Analysis Cubes Server
Configure Analysis Cubes
SmartList Designer Favorites In Advanced Lookups
SmartList Favourite Protection
Cancel A Purchase Order Linked To A Purchase Requisition
Cancel A Purchase Order Linked To A Purchase Requisition
Batch Edited Message
Purchase Requisition Inquiry Icon
Display Tax Percent for Historical Sales Transactions
GL Distribution Line Display UI change
Link Credit Card Invoices To Original Invoice
Link Credit Card Invoices To Original Invoice
Receivables & Payables Distribution Line Display UI Change
Bank Reconciliation Tracks History
Bank Reconciliation Tracks History
POP To FA Link Includes Taxes
POP To FA Link Includes Taxes
POP To FA Link Includes Taxes

Read original post Hands On With Microsoft Dynamics GP 2016 R2: POP To FA Link Includes Taxes at azurecurve|Ramblings of a Dynamics GP Consultant

Source: azurecurve

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