February 22, 2010

GPTip42day - Adding a non-depreciating asset


From the GP forums this morning comes the question 'How do I capitalize an asset without depreciating it?'  The poster had received some fixed assets as gifts and didn't want to depreciate them.  Here's how you do it - very simple.

In the Asset Book window, select No Depreciation as the Depreciation Method.

* click image to enlarge


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