8307: Microsoft Business Solutions - Great Plains Fixed Assets Course Description
The one-day Microsoft Business Solutions - Great Plains Fixed Assets course delves into the accounting cycle and the processes required to enter, depreciate and retire fixed assets. As well, this course will show you how to perform additional functions such as changing asset information, mass changes, partial transfers, partial retirements and retirement undo.
You will gain a thorough understanding of these topics which will allow you to keep accurate records and learn to use comprehensive reporting features to present data in different ways. This course will also teach you how to define default values that automatically populate data fields and gather the information you need to make better business decisions by exploring powerful inquiry and lookup functions.
Intended Audience for the 8307: Microsoft Business Solutions - Great Plains Fixed Assets Course- Customers wishing to learn the basic features and to develop a working knowledge of the typical day-to-day procedures required to effectively use Great Plains Fixed Assets.
- The class is targeted toward data entry clerks, administrators; office managers, CEOs, and consultants who need to understand the technical aspects of Fixed Assets and gain foundational knowledge of the application functionality.
- Before attending this course, students must have general knowledge of Microsoft Windows, completed the Great Plains Tutorial, basic knowledge of accounting principles.
8307: Microsoft Business Solutions - Great Plains Fixed Assets Course Objectives
- Perform all Fixed Assets related data entry functions including creating asset records
- Maintain asset records using transfers, changes, and retirements
- Print detailed reports to verify data and financial analysis for audit trail purposes such as posting journals, depreciation registers, financial details and other asset reports
- Identify the impact of the Fixed Assets module on other Great Plains modules
- Troubleshoot and correct input errors including an incorrect posting period and how to delete records
Required Prerequisites for the 8307: Microsoft Business Solutions - Great Plains Fixed Assets course
8307: Microsoft Business Solutions - Great Plains Fixed Assets Course Outline
- Introduction
- What is a Fixed Asset?
- Fixed Assets Features and Benefits
- Fixed Assets Overview and Roadmap
- Integration
- Setup Procedures
- Fixed Assets Setup Checklist
- Company and Financial Setup Procedures
- Build Fixed Assets Fiscal Calendar File
- Enter Quarter Records and Synchronize to Fiscal Years
- Purchasing Interface Options
- Account Groups
- Post Accounts
- Insurance Class Records
- Class Records
- Book Records
- Book Class Records
- Fixed Assets Setup
- Lease Company Records
- Location Records
- Physical Location Records
- Retirement Setup Records
- Structure Records
- Fixed Assets User Preferences
- Fixed Assets Setup Reports
- Entering Existing Assets
- Daily Procedures
- Fixed Assets Daily Procedures Checklist
- Asset General Information
- Asset Account Information
- Asset Book Information
- Asset Book ITC Information
- Asset Insurance Records
- Asset Lease Information
- Asset User Data
- Payables Management Interface
- Purchase Order Processing Interface
- Purchasing Transactions Integration Issues
- Fixed Assets Inventory Reports
- Fixed Assets Inventory Reports
- Select Assets
- Depreciation Projections for a single asset or group of assets
- Changing Asset Information
- Changing Asset Book Information
- Mass Change
- Transferring Assets
- Mass Transfer
- Retiring Assets
- Mass Retirement
- Retire Undo
- File Maintenance
- Deleting Assets
- Reconcile
- Retrieve Information
- Fixed Assets Projection, Transaction and Utility Reports
- Period-End Procedures
- Fixed Assets Period-end Checklist
- Run Depreciation
- General Ledger Posting
- Reconcile Fixed Assets to General Ledger
- Purge Purchase Post Table
- Fixed Assets Year End Checklist
- Year-End Reports and Routine
- Rebuild Fixed Assets Fiscal Year Calendar File
- Purge Inactive Asset Records
- Fixed Assets Period-end and Year-end Reports
- Conclusion
- Using Auto Add Book Info functionality to automatically set up books for the assets you add
- Benefits of using Asset Classes to speed data entry and for sorting purposes on reports and SmartList views
- An unlimited number of books may be created for your company to track different depreciation rules for your assets but only one will integrate with the General Ledger
- Book classes provide default information for the assets you add so set up a Book Class for each combination of the two that you will use
- Locations can be tracked for physical inventory purposes while physical locations are tracked for property tax reporting purposes
- Up to fifteen user-defined fields are available for each asset
- Assets can be entered directly in the Fixed Assets module or via the payables or purchase order interface
Benefits of taking the 8307: Microsoft Business Solutions - Great Plains Fixed Assets course at NetCom
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Why choose Microsoft Dynamics Training at NetCom Learning?
As a recognition for training excellence, NetCom Learning was chosen by Microsoft as the 2007 Worldwide Learning Solutions Partner of the year out of 1400 training companies. In addition, we have won numerous other training awards for quality and customer satisfaction by CompTIA, EC-Council and other vendors. We are simply passionate about learning and achieving the highest customer satisfaction in your learning experience!
See the training value proposition below:
NetCom Information Technology is a Microsoft Gold Certified Partner for Learning Solutions (CPLS). CPLS is the premier training channel and delivery mechanism for Microsoft Dynamics training content. On July 11, NetCom was honored by Microsoft as its Learning Solutions Partner of the Year. Selected as the Number One CPLS, from over 1400 worldwide CPLS's, Microsoft recognized our commitment and ability to deliver high-quality learning services using a consultative engagement model. We could not have achieved this coveted status without the help and support of our customers and well wishers - thank you!!
Microsoft Certified Partner for Learning Solutions Value Proposition:
| Microsoft Certified Partner for Learning Solutions | Non-authorized Training Center |
| Only MCT (Microsoft Certified Trainers) are authorized to teach the class | Non MCT can teach the course |
| Taught using Microsoft Authorized Courseware (MOC), includes free evaluation software and online training | Do not have access to official courseware |
| Partners adhere to stringent Microsoft designated lab requirements | Computer and lab equipment may not be up to requirements of course |
| Successful candidates are awarded Certificate of Completion directly from Microsoft for most of the courses | Not authorized to issue Certificate of Completion |
| Overall, a better quality training experience | Substandard training experience |
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NetCom provides Authorized Training
NetCom Learning is a Microsoft Gold Certified Partner for Learning Solutions (CPLS), Cisco Learning Partner, CompTIA Platinum Partner, EC-Council Accredited Training Center, Adobe Authorized Training Center, Autodesk Authorized Training Center and many others. We are proud to offer the highest quality, authorized training solutions from our many partners for our customers.
See our comprehensive list of partner authorizations.
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Award winning, world-class Instructors
- Bachelor's Degree in Accounting and a Masters of Business Administration from Rutgers University. - Over 9 years of experience as a Master Certified Trainer. Expert in MS Dynamics GP Financials, Installation, HR/Payroll, Project Accounting, Inventory and Integration Manager. - Project Manager to various MS Dynamics Great Plains implementations.
Bio:
Ginger holds a Bachelor's Degree in Accounting and a Masters of Business Administration from Rutgers University. Her career started as an Auditor for Deloitte & Touché and over the years she developed her passion for Microsoft Dynamics, implementing Dynamics GP and Project Cost in the Professional Services, Commercial Real Estate and Medical Facilities vertical markets.
Ginger's experience with Microsoft Dynamics is unparalleled. As a Certified Master Dynamics trainer, she stays abreast of the latest Dynamics modules and shares experience with a very hands-on training technique at NetCom Learning.
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- Designs and architects Microsoft IT solutions since the early 1990s. - Hands-on experience in multiple Microsoft Dynamics products including CRM, GP, SL, AX and NAV since 2004. - Taught over 250 courses at NetCom Learning.
Bio:
Ignacio is a Senior Solutions Architect, Civil Engineer and Certified Expert Trainer. He has been designing and architecting Microsoft IT solutions since the early 1990s, and has extensive experience developing scalable and high performance integration solutions. In 2004, Ignacio expanded into business management and accounting software as well, where he gained hands-on experience in many Microsoft Dynamics products including CRM, GP, SL, AX and NAV.
Ignacio holds a library of industry-wide certifications from Microsoft and other leading IT vendors. He has taught over 250 courses at NetCom Learning and is revered by students for his wide-ranging IT expertise.
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- Over 25 years of experience working as Senior Financial Analyst and Senior Auditor. - Professor of Graduate Management and Business School at the University of Phoenix since 2007. - Microsoft Certifications in Financials, Trade & Logistics, Production and Human Resources Management as well as Microsoft Certified Trainer (MCT) since 2009.
Bio:
Lynn is a very accomplished Senior Financial Analyst and Senior Auditor with over 25 years of experience. She has been a Microsoft Certified Trainer since 2009 and a Professor of Graduate Management and Business School at University of Phoenix since 2007. In addition to several other Microsoft certifications, she is also a specialist in Microsoft Dynamics AX.
Lynn has taught several Microsoft Dynamics AX courses at NetCom Learning and is described by her students as very knowledgeable, qualified, and patient with her approach. Her classes are very dynamic and energetic, just as the course per se.
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Ramesh holds a Masters Degree in Computer Science with specialization in Information Security and is pursuing his Doctoral degree in IT from the University of South Australia (UniSA). He is a one of a kind trainer - he has been working in the IT field since 1995 and is an expert in C#, VB.NET, ASP.NET, Java/J2EE, PL/SQL, VB, ASP, and XML technologies. Ramesh also has extensive experience developing and implementing BizTalk and SharePoint in large corporations, as well as more than 10 years experience working with Oracle and SQL server/Sybase databases.
With more than 19 certifications, Ramesh is an IT guru and trainer with worldwide experience, which includes presentations and trainings across US, Asia, and Middle East. He is a full time instructor at NetCom Learning and we couldn't be happier in having him as one of our Subject Matter Experts.
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Actual Client Testimonials
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May 21 2012 |
The lecturer is quite personable and is quite helpful with making sure we understand the material we have covered. He is also quite knowledge in the subject area.
This training has cleaned up a lot of areas that I have been having issues with in my work environment and I will surely be able to put a lot of it in to practice.
-Candice C.
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May 21 2012 |
Good course. Good service. Good instructor.
-Raman T.
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May 21 2012 |
The instructor did an incredible job of presenting.
-Kelly D.
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May 21 2012 |
The class provided the background I will need to build upon upcoming responsibilities. Satisfactory on all counts.
-John B.
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May 21 2012 |
Stan is an excellent instructor. He made the course very informative and kept it interesting.
Sebastian S.
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May 21 2012 |
Classes were awesome! Our teacher, Mr. Smith, was entertaining and kept us motivated.
-Lily L.
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May 07 2012 |
It was a good experience. It will help me in my new position loading the CRM practices.
-Adolfo R.
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Mar 12 2012 |
Ramesh our instructor was amazing. He has been the second amazing instructor through you guys!!! Nice, Knowledgeable and fun.
-Kyle P.
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Awards won by NetCom
NetCom Learning is an award winning, customer focused company. We are simply Passionate About Learning!
See our list of awards.
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Specialized Boot Camp Training

This training is also available as a boot camp. NetCom is world famous for delivering specialized boot camp training to our clients. For answers to questions regarding our boot camp training delivery format, please refer to our Boot Camp FAQ section.
Enrollment Options for the 8307: Microsoft Business Solutions - Great Plains Fixed Assets course
- Contact us to customize this class with your own dates, times and location. You can also call 1-888-563-8266 or chat live with an Educational Consultant.
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Boot Camp Training

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