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Archive for the ‘Finance Department Tips & Tricks’ Category

5 Reasons to Switch from Outsourced Payroll to In-House Microsoft Dynamics GP Payroll

by Lori Penewit, The Resource Group
More and more small and medium sized businesses have opted to move payroll processing from an outsourced solution to an in-house solution using Microsoft Dynamics GP.  Here are a few reasons why:

Catch Payroll Errors Before Paychecks go to Employees
One of the downsides of using outsourced payroll providers is that errors [...]

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My Favorite Daily Blog – Microsoft Dynamics GP “Feature Of The Day”

If you are like me, you will get an email, read a blog, or talk to a friend about an email or blog they saw and be SO inspired by it that you will SUBSCRIBE to get a daily feed or email from the publisher.  It seems like a good idea at the time, afterall, [...]

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Manage By Metrics With Dynamics GP

In today’s highly competitive environment, managing your company’s resources is more important than ever. The days of holding a wet finger up to the wind are gone for good.
Most companies are very familiar with the creation and analysis of their quarterly and annual financial statements.  These documents are vital for the long-term view of a [...]

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Wave 14 and MS Dynamics GP: What is Wave 14 and Why Should I Care?

First let’s clear the air. I had no idea what Wave 14 was…(sorry Microsoft) but have learned that it’s everything relating to the Office 14 suite of products being released this year. Cleverly named; Office 2010, SharePoint 2010, Exchange 2010, and Office Communications Server 2010 (OCS). 
Why should you care?
If you feel like you just [...]

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Connecticut Companies Educated On “Greening” The Supply Chain

I came across this webcast offered by a local Connecticut company (CONNSTEP) that consults with small and midsized manufacturing companies; it looks interesting.  When Connecticut distribution and manufacturing companies looking to purchase new ERP/accounting software call CAL Business Solutions, “green” questions come up more and more often. So why not check out this session!
“Greening” the Supply [...]

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Fraud Prevention With Dynamics GP Safe Pay And EFT

In today’s world, where we use on-line banking to pay our bills and we write fewer and fewer checks, as individuals, we worry most about identity or credit card theft.  But what about the company you work for?  How is it protecting itself against theft? 
Most small to mid-sized businesses still write manual checks to their [...]

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Three FRx Tips To Help With Your New Year’s Budgets And Reports

For those of you who will be using Microsoft’s FRx Report Writer for your year-end reports and 2010 budgets, here are some helpful shortcuts from one of our FRx experts at the TM Group, a Microsoft Dynamics partner in Michigan:
 Tip #1 
A common request this time of year is to provide a copy of the trial balance [...]

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How To Give Auditors Access To Your Dynamics GP ERP System Without Buying An Extra License

I often talk to clients who are a frazzled mess because “the auditors are here”. So I think that any tip that can help you make the auditors life easier will also make your life easier. Check out this tip from a fellow blogger and Microsoft Dynamics GP expert.

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Microsoft Dynamics GP Year-End Closing Process – Part I

Year End Closing is an important task for all financial professionals. When choosing an ERP system you need to be sure it has a smooth year end process. We have outlined steps for closing Microsoft Dynamics GP so you can compare it with other systems.

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‘Tis The Season …For Physical Inventory Made Easier With Microsoft Dynamics GP

Ah, year-end physical inventory is again approaching.  For all our Microsoft Retail Management System users, remember that we can easily perform year-end physical inventory counts and compare those counts to the Store Operations database.  Here are some simple best practices to facilitate the process.
Perform Inventory When Store is Closed
Sounds obvious, but necessary for accurate counts.
Use [...]

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