Posts Tagged ‘gaap’
This is the second blog on IFRS Accounting with Microsoft Dynamics® GP: Cash Flow Statements. We first examined Direct Methods and now we’ll look at Indirect Methods followed by a discussion on the Benefit of Direct over Indirect. . Indirect Method Using the more common method in the U.S.—GAAP-compliant financial statements prepared with the Indirect [...]
continue reading...Tags: cash flow statements, Computeration, deploying IFRS, gaap, Idaho, IFRS Implementation, IFRS International Financial Reporting Standards, Microsoft Dynamics, Microsoft Dynamics GP, Microsoft Dynamics GP partner, The IFRS Implementation Expert for Dynamics GP
Posted in About Microsoft Dynamics GP, ERP Software Information |
Functional Challenges of Implementing the Chosen Methodology With multiple methods of implementing a transition from GAAP to IFRS financial statements, at the core is the need for a flexible information management system. Multiple external and internal reports are typically required. IFRS transaction identifiers must meet a company’s unique needs while not interfering with other needs. [...]
continue reading...Tags: Computeration, deploying IFRS, gaap, Idaho Microsoft Dynamics GP Partner, IFRS Implementation, IFRS International Financial Reporting Standards, Microsoft Dynamics GP, Microsoft Dynamics GP partner, The IFRS Implementation Expert for Dynamics GP
Posted in About Microsoft Dynamics GP, ERP Software Information |
In this blog, we examine the final two of five available methods of deploying IFRS at the Sub-level Transaction Level. Missed our first two discussions? Click here to see Sub-ledger Transaction Level (Part 1): Duplicating your Database or click here to see the Sub-ledger Transaction Level (Part 2): Adding a Parallel Set of Accounts and [...]
continue reading...Tags: classifying transactions by ledger, Computeration, deploying IFRS, deployment methods, gaap, Hybrid Approach, Idaho Microsoft Dynamics GP Partner, IFRS, IFRS International Financial Reporting Standards, Microsoft Dynamics® GP, Sub-ledger transaction
Posted in About Microsoft Dynamics GP, ERP Software Information |
Deploying IFRS in Dynamics GP with the Addition of a Parallel Set of Accounts or by Adding a Dimension to Your Existing Chart of Accounts. In this blog, we examine two more methods of deploying IFRS at the Sub-level Transaction Level. We’ll look at Adding of a Parallel Set of Accounts and Adding a Dimension [...]
continue reading...Tags: Adding a Dimension to Your Existing Chart of Accounts, Adding a Parallel Set of Accounts, Computeration, gaap, Idaho, IFRS International Financial Reporting Standards, implementation, Microsoft Dynamics GP partner, The IFRS Implementation Expert for Dynamics GP
Posted in About Microsoft Dynamics GP, ERP Software Information |
This blog begins a 3-part examination of IFRS Accounting: Sub-ledger Transaction Level and the 5 Available Methods of Deployment. First we’ll look at the Sub-ledger Transaction level and take a look at the first available method of deployment, Duplicating Your Database. Systems capable of sub-ledger transaction level of deployment of IFRS and GAAP are generally [...]
continue reading...Tags: adding dimension to chart of accounts, adding parallel set of accounts, classifying transactions by ledger, Computeration, deploying IFRS, deployment methods, duplicating database, gaap, Idaho, Idaho Microsoft Dynamics GP Partner, IFRS Implementation, IFRS International Financial Reporting Standards, Microsoft Dynamics GP, Microsoft Dynamics GP partner, Sub-ledger transaction, The IFRS Implementation Expert for Dynamics GP
Posted in About Microsoft Dynamics GP, ERP Software Information |
The General Ledger Level of deployment implies transactional-based entries and greater complexity. It may be regarded as a step towards full deployment of IFRS. The basic premise implies that a transaction originates in the subsidiary modules and when its distribution is passed through to the General Ledger…
continue reading...Tags: Computeration, gaap, General Ledger, Idaho, IFRS International Financial Reporting Standards, Microsoft Dynamics GP, Microsoft Dynamics GP partner, The IFRS Implementation Expert for Dynamics GP
Posted in ERP Software Information |
Reporting only during deployment of Consolidated Financial Reports is the most common option selected by companies. Only summary transactions are created, frequently in spreadsheets. For companies just starting with IFRS, this is an easy method with which to begin…
continue reading...Tags: Computeration, gaap, Idaho Microsoft Dynamics GP Partner, IFRS International Financial Reporting Standards, The IFRS Implementation Expert for Dynamics GP
Posted in About Microsoft Dynamics GP, ERP Software Information |
Due to the volume of responses and question we’ve been receiving on our IFRS series, we’d like to step back and start with an enhanced version that answers many of your questions. The first step in analyzing your software systems is to determine the source of transactions and at what point you want to be [...]
continue reading...Tags: deploying IFRS, gaap, Idaho, IFRS International Financial Reporting Standards, Microsoft Dynamics GP, Microsoft Dynamics GP partner, The IFRS Implementation Expert for Dynamics GP
Posted in About Microsoft Dynamics GP, ERP Software Information |
By Scott Driggs, Custom Information Services I once worked with a client who had a rather interesting story to tell. The company was a family owned business that had been running a custom application for years and years. The owner retired and passed the reins of the company to the next generation. The new owners did [...]
continue reading...Tags: compliance, custom programming, custom programs, developement tools, gaap, sdk, Texas Microsoft Partner
Posted in About Microsoft Dynamics GP, Accounting Software Research, Dynamics vs. Entry Level Accounting Software Packages, Dynamics vs. Midmarket Accounting Software Packages, Financial Reporting, ISV/Add On Products, Microsoft Dynamics ERP Functionality |
