“Everything should be made as simple as possible…but not simpler.” - Albert Einstein We recently held a Microsoft Dynamics GP User Group Meeting in St. Louis, MO. Our feature speakers were the owners from Reporting-Central. One of their products that caught my attention was “The Validator”. This product helps Dynamics GP users eliminate manual [...]
continue reading...Finance Department Tips & Tricks
10 Tips and Tricks for Using SQL Server Reporting Services (SSRS) – Part 3
Part 3: Creating This is the last in our series of three SSRS Tips & Tricks blogs. For those of you who missed the first two sections, you can find them here - Part 1: Viewing & Using, Part 2: Managing 7. Use the Report Builder wizard to create easy graphs and charts by dragging and [...]
continue reading...5 Sales Tax Tips for Microsoft Dynamics GP Users
“Mediocre men wait for opportunity to come to them. Strong, able, alert men go after opportunity.” B.C. Forbes Debates over online sales tax, and related statutory rules and rate changes have vaulted sales and use tax compliance to the top of every savvy businessperson’s 2013 action list. Understanding how to implement safeguards and systems, monitor [...]
continue reading...Should Microsoft Dynamics GP Customers Have Their Own Blogs?
If you are in the software selection process or you already use Microsoft Dynamics GP your best source of product information is often educational blog articles. If you do an online search for Microsoft Dynamics GP topics you will find plenty of content. But most of it is written by Microsoft or by Microsoft Dynamics [...]
continue reading...Upcoming Webcast: “Structuring Software Sales Transactions for Optimal Revenue Recognition”
One of the biggest challenges that software company finance departments face is how to structure sales transactions in a way that optimally supports revenue recognition best practices. On April 17, Tensoft will be sponsoring another informative, CPE-eligible webcast that will address this topic. The webcast is "Structuring Software Sales Transactions for Optimal Revenue Recognition." The presenter will be software revenue recognition expert Jeffrey Werner, whose considerable insight [...]
continue reading...Integrating Dynamics GP to Other Software with SmartConnect
Recently, a client came to us with a rather complex integration need. They had 3rd party software that handled the myriad of requirements for getting reimbursed by Medicare for various procedures and transactions they perform on behalf of the residents of their Long Term Care facility. The problem is that while the information is generated in [...]
continue reading...Burned by Bad Customers? New Website Lets You Warn Other Business Owners
I recently went through the experience of reporting a dishonest business to the Better Business Bureau. Then I went on a bit of a rampage and left bad reviews on a number of consumer websites. It made me feel better to vent and I hope I saved others the misery of working with that company. [...]
continue reading...Phasing Out the Penny Using Microsoft Dynamics Great Plains
In 2012 the Canadian government announced in their Economic Action Plan that they would phase out the penny. The reason is due to the cost of producing the penny, relative to its face value. February 4, 2013 was the last day that the penny would be made. One thing to note is that this change [...]
continue reading...NPO Deep Dive Part III: Managing Overheads
Who among us wouldn’t like the majority of our donated dollars to go directly to “the cause” or people being served? Indeed - donors and funders are sometimes so focused on the concept of “limiting overhead”, that one of the most commonly used measures of an NPO’s organizational efficiency is the “percentage of total expense [...]
continue reading...4 Mistakes to Avoid in Dynamics GP Today for Faster Bank Reconciliations Tomorrow
“What isn’t tried won’t work.” – Claude McDonald Has your Microsoft Dynamics GP General Ledger Cash Account Balance not matched your Bank Reconciliation Checkbook Balance before and you weren’t sure where to look? Here are 4 common reasons why they might not add up and things you might want to try for a solution to [...]
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