I was speaking to one of our senior consultants the other day and the subject came up on one particular issue companies face when transitioning from QuickBooks to Microsoft Dynamics GP. She said that the striking difference between Quickbooks and GP is GAAP (Generally Accepted Accounting Principles) compliance. For example, in today’s financial environment where credit is harder to come by, companies may be asked to provide auditable financial statements in order to obtain funding. Quickbooks simply cannot be used to provide this.
If you decide to make the move from Quickbooks to a GAAP compliant ERP system, one thing to keep in mind is user buy in and training. The day-to-day user experience with features and functions will change. Therefore, the benefits of moving should be explained and clear expectations set for your accounting staff.
The benefits of moving to GP are many and, with your partner’s help, should be detailed before moving forward with the project. Once the project is started, don’t let the “we always did it this way” approach win out over a full review of current procedures and how they can be streamlined or improved upon with GP.
Moving up to a fully functional accounting system with checks and balances is no longer a risky decision. Check out the resources that can help you make the switch from QuickBooks to Microsoft Dynamics GP. Get the free whitepaper titled “
If your organization is located in Arizona or New Mexico, contact Sherwood Systems for assistance in determining if a technology solution can help your organization better serve your business needs. (877) 943-9696 – [email protected].
By Ed Bonaski, Sherwood Systems –