Fixed assets, 7YR MACRS
I am implementing fixed assets. MACRS is not a option for depreciation
method? Is there another way to set up an asset for 7 yr MACRS? If so, what
This was a message from MBS Support from a case I opened
for a new install of Fixed Assets: "Fixed Assets does
support the MACRS depreciation method. It is normally a
combination of a Declining Balance Depreciation Method
and an Averaging Convention. Recommended that they
consult tax books or the IRS website for more
information. I don't have a list of this information."
>-----Original...i want to send multiple emails through outlook using an excel macr
I want to send multiple emails through outlook using an excel macro. And
for each receipient (message) I get a window saying 'A program trying to send
an email on your behalf........................with options Yes, No....'
How can do without this message and send these emails without interruption?
"Raj Devarajah" <Raj Devarajah@discussions.microsoft.com> wrote in message
> I want to send multiple emails through outlook using an excel macro. And
> for each receipient (message) ...MACRS Depreciation
For companies that have assets with MACRS depreciation methods, does anybody
know the averaging convention that you would combine with one of the double
declining methods to make the schedule work?
Charles Allen, MVP
I've always used Half Year convention to simulate MACRS in GP. It
MCP-GP, MCT, MVP
East Coast Dynamics
That's what I've done as well. Works fine.
On Sep 11, 12:05=A0pm, "Frank Hamelly, MCP-GP, MCT, MVP"
> I've a...How do I convince the cursor to select a given cell when in a macr
I have a column of numbers - all zero's except for one '1'. Depending on the
situation, the '1' can appear anywhere in the column. What do I do (manually)
to find that particular cell automatically? I want to record a macro with
this in it.
Hoping this makes sense!
Turn on the macro recorder.
select your column
turn off the recorder and look at the code.
> I have a column of numbers - all zero's except for one '1'. Depending on the
> situation, the '1' can appear anywhere in the column. What do...Macrs with Validation Rules
I have a spread sheet with a tab called Estimnates once the Validation Item
for the estimated item is changed to "Contracted" I want it to Copy the
Entire row to another Sheet called Contracted Projects. Is this possible?
Would the best Option be to have it Copy all Items listed "Contracted" when
Workbook it closed or upon clicking a select button? I can not have it
If desired, send your file to my address below. I will only look if:
1. You send a copy of this message on an inserted sheet
2. You give me the newsgroup a...Adjust YTD Depreciation Amount for Assets
We posted depreciation for January 2007 before closing the year 2006. After
year 2006 was closed, the YTD depreciation amount was reset to $0.00
How can I show January depreciation in YTD column now?
Any help is appreciated.
Are you sure you posted it with a Jan 07 posting date and that you closed
the fiscal year through Dec 06? GP should have been able to discern between
the 2 periods
"Lak_Sobti" <LakSobti@discussions.microsoft.com> wrote in message
> We posted depreciation...MACRS Depreciation Method
The MACRS Depreciation Method, a common legislated US tax depreciation method
is not in the drop down list of methods offered in the fixed assets module.
Instead, on an asset by asset basis, a tax accountant could approximate this
method. This is prone to error and not a good use of a tax accountants
skills. In addition, I believe this raises a SOX section 404 compliance
The following is the current support instructions for implementing a MACRS
While there is no specific method called MACRS, Great Plains does
accommodate the calculations. However, there is no ...How do I do a Depreciation Table
i really need help for my assignment and i dont know how to do a depreciation
table its really simpl ei just cant do it the purchase price is $200 000 and
it depreciate 5% each year and i haev ot work out the value oafter 25 years.
i really need help so i know what im doing. thanks for any help
Good Morning SarahJessica88
I assume from your question that you are using reducing balance
depreciation (as opposed to straight line which would be fully
depreciated at 5% after 20 years). I also assume you want to show the
balance each year and not just the balance after 25 years.
If you have...Toggle switch between absolute and relative values creating a macr
Why is it that when creating a macro sometimes I see the toggle switch for
absolute/relative values and sometimes I don't?
Actually, I no longer see the toggle switch when recording a new macro. What
do I have to do to make it reappear? Thank you.
> Why is it that when creating a macro sometimes I see the toggle switch for
> absolute/relative values and sometimes I don't?
Tools>Customize>Toolbars. Select "Stop Recording" toolbar>Close
Stop Recording Toolbar should now be visible on sheet.
Hit "X"...Fully depreciate an asset #2
How can you fully depreciate an asset on the spot.
i.e,i have entered an asset in the system and then decided to fully
depreciate the asset.
...GP MACRS Depreciation Calculations
Has anyone else run into inconsistencies with GP Tax depreciation?
I just tested two make-believe $1,000 assets, both with 5 year lives,
half-year convention, no salvage. One of the assets, I set the method
at 200% DB, no switch over, the other I set at 200% DB with
The asset that I setup WITH switchover calculated according to the IRS
MACRS tables, with the proper annual depreciation. The asset I setup
WITHOUT switchover calculated properly until it got to the 5th year,
then I can't figure out what the heck it did. The depreciation for
the 5th year was significantly less ...Depreciation Method
What depreciation method and Averaging Convention should be used if we
want to set total depreciation yearly schedule to be the sum of the
cost of all new assets divided by the estimated life, with the first
and last year being further divided by 2. Example if there is an asset
with asset cost $3,600 and life 3 years. In the first and last year it
will depreciate by amount 600(=3600/3/2)
Straight line with half-year convention.
MCP-GP, MCT, MVP
East Coast Dynamics
get your GPtip42today at www.gp2themax.blogspot.com
On Jun 16, 2:18=...i want to connect excel with sql server 2000 as database with macr
i have a table Transcription_temp in sql server2000 i have to import data
from excel daily. My excel file name is today.xls
my excel headings are
Userid Date TID PID Pname Dname Lines Wtype Template Clients
my table header names are
UserID TranscrioptionDate TranscriptionID PatientName
DoctorName LineTranscribed worktype TemplateName
i want a macro to connect sql with excel and export the data of excel file
to sql server 2000
khurram saddique wrote:
> i have a table Transcription_temp in sql server2000 i have t...Stop sheet showing when Using Datapig's Force Users to enable macr
I think this is probably not do-able
I'm using Datapig Technologies example to force users to enable macros
When the workbook is closed all sheets other than a warning sheet are very
hidden so that if the workbook is opened with macros disabled then the user
can only see a warning sheet saying to close and open with macros enabled.
Then on opening with macros enabled the waring sheet is very hidden and the
other sheets can be seen.
Private Sub Workbook_BeforeClose(Cancel As Boolean)
Application.ScreenUpdating = False
Sheets("Warning").Visible = True
I don't expect to get any bites on this one, but, "Hey, it's Friday -- it
Just got this one dropped on my lap -- we have a spreadsheet with items that
we depreciate -- this spreadsheep has been touched/maniulated by many over
the years (I just gained access to it, since it's not doing what the Finance
folks would like it to do).
Here's what it does ...
Col H has a description of the item
Col J has In Service Date
Col L has the Life of the item (ie, 60 mos, 120 mos)
Col M has the Original Cost of the item
Col N figures the Monthly Depreciation (=M2...Depreciations
We are having a problem with the fixed asset depreciation on some assets.
The auditors have found that the depreciation on these assets is calculating
a larger amount than expected. The items involved all are Buildings and they
are have an acquisition date that precedes our implementing the system. They
were loaded into the system on 7/7/2000.
How can we fix this?
Not enough info Andrea to advise a fix. If you can give us all the
particulars of the asset, the depreciation settings, current
depreciation amounts, etc., maybe we can help. The more detail the
I am not too familiar with Great Plains. One of my clients told me that when
he closes out book depreciation for the year, he must also close out tax
depreciation. Is this true? If not, how does it work? I have used several
other systems (especially macola) and you can close one book without closing
You do not have to close all books at the same time.
Charles Allen, MVP
> I am not too familiar with Great Plains. One of my clients told me that when
> he closes out book depreciation for the year, he must also close out tax
&g...what is straight line depreciation and double line depreciation?
In article <928DC52C-D390-45C6-9847-693648A1A5DA@microsoft.com>,
MISSY <MISSY@discussions.microsoft.com> wrote:
"JE McGimpsey" <email@example.com> wrote in message
Quite a good article for wikipedia, but it misses one very important point.
The original purpose of charging depreciation to the P&L was to build up a
reserve in order to replace the asset when it became obsol...GP calculates new depreciation on a fully depreciated asset
We performed a mass change on a class of assets to change the Class ID and GL
account number. After the mass change completed, we ran depreciation for the
month, and some of the assets that were included in the mass change that were
fully depreciated now show an amount in the Current Depreciation field
(flagged as Y for Fully Depreciated and NBV shows as $0). A depreciation
amount was also sent to the GL as part of the depreciation batch. We tried
this in our TEST environment successfully. Does anyone know how this could
have happened - that GP calculated and assigned a depre...Fixed Asset Special 50% Depreciation 2008
Can anyone tell me why the 50% Special depreciation for 2008 is not
Is it at all possible to setup a asset with the following depreciation rates
for tax purposes:
Year 1 : 40%
Year 2 : 20%
Year 3 : 20%
Year 4 : 20%
I've tried looking at all the relevant 'out the box' depreciation
calculations, but nothing seems that it would be able to do this,
Any help is appreciated
What tax depreciation method are you trying to replicate?
MCP-GP, MCT, MVP
East Coast Dynamics
In South Africa we have accelerated depreciation allowance on manufacturing
assets, which allo...Property Depreciation
Is there no way to depreciate property used for business in the 2005 Money
for Small Business version?
It sure doesn't seem like it; not only does the program not include IRS form
4562, line 13 of Schedule C is also not available to associate with expense
How Microsoft can claim this software to be a "business" edition, while it
is lacking these fundamental capabilities, is amazing. I don't know a single
sole proprietor whom doesn't depreciate property every year (computer
Someone, please tell me I am wrong and that I just don't kn...Depreciate new year transactins
Is it possible to calculate January ‘09 depreciation without closing the
fixed asset module for 2008? Any issues with this?
I don't believe GP will let you do this. You must close 2008 first.
Dynamics GP MVP
Flexible Solutions - home of GP Reports
"Sara" <Sara@discussions.microsoft.com> wrote in message
> Is it possible to calculate January ‘09 depreciation without closing the
> fixed asset module for 2008...Inventory Depreciation
GP8.0 / SQL2000.
We 'depreciate' inventory that has been dead stock for 2 years or more as a
summary on the G/L. I would like to adjust the inventory value of each of
those affected items in our inventory subledger. We are using moving
What is the best way to accomplish that? Are there any built in tools, or
do I need to write my own queries? I can easily prepare the list of dead
stock items and their current cost. Is it a simple matter of applying a
percentage reduction to each of these items in the IV00101 table? Or, is
there more to it than that?...Depreciation Spreadsheet
I'm having a little trouble calculating some formulas in my depreciation
What I need to be able to calculate is when an asset is only depreciated for
the first 4 months of a year and ending its useful life as an asset. What is
happening now is that our Accounting program gives us the planned
depreciation for the upcoming year but not the remaining months so this
planned depreciatin could be for 12 months or 4 months. Then we have come
along and applied 12 to this to get monthly depreciation and used formulas to
put it into months etc. The total f...