Back-dating Fixed Asset Retirements

Today’s #TipTuesday is about a message you may receive if you back-date a Fixed Asset retirement in Dynamics GP. I completed a project recently where the client was catching up on some IFRS asset derecognition that, in some cases, had occurred in prior years by the time we got around to doing the retirement in Dynamics GP. While this isn’t an everyday occurrence, if you have to do this…

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Back-dating Fixed Asset Retirements

Today’s #TipTuesday is about a message you may receive if you back-date a Fixed Asset retirement in Dynamics GP. I completed a project recently where the client was catching up on some IFRS asset derecognition that, in some cases, had occurred in prior years by the time we got around to doing the retirement in Dynamics GP.

Blog Syndicated with Jen Kuntz’s Permission

More About This Author

Jen Kuntz
Jen Kuntz
Jen is a self-employed Dynamics GP consultant, based in Southwestern Ontario, Canada. She is a Microsoft MVP in Business Applications (since 2016), a GPUG All-Star and a designated accountant (CPA, CGA).

Author: Jen Kuntz

Jen is a self-employed Dynamics GP consultant, based in Southwestern Ontario, Canada. She is a Microsoft MVP in Business Applications (since 2016), a GPUG All-Star and a designated accountant (CPA, CGA).

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