We do get a lot of question asked why they are not able to perform fixed asset depreciation with the following message shown " Target date's fiscal year may not be greater than the current fiscal year for the selected book ". The message happens when user are doing their first depreciation in the new financial year. What missing here is user did not perform Fixed Asset Year End Processing, although they have done the Financial Year End processing in Dynamics GP. Take note that Financial Year End processing doesn't include Fixed Asset module, it need to done separately. To perform Fixed Asset Year End Processing:- Path: MSDGP > Tools > Routines > Fixed Asset > Year End i. Select the book that sitting in "Available Books", and "Insert >>" to the "Selected Books". ii. Select "Continue" to proceed on the year end processing for fixed asset. iii. This process should takes around 3 to
Act as Microsoft Dynamics GP Consultant nearly 10 years now, based in Malaysia. Following an early career as statutory auditors and independent accountants to a range of growing businesses in the finance industry, later moved into the area of IT in business with the expansion of technology. Offering implementation, support and training Microsoft Dynamics GP to customers for more than 10 projects across ASEAN region. Now we are offering Dynamics 365 Business Central implementation too.