Are you spending hours reconciling AP or AR to the General Ledger? Microsoft Dynamics GP has a feature that cans save time and energy. Since version 10, Dynamics GP users can access a “Reconcile to General Ledger” utility that comes out of the box with this solution. This tool creates a report that is exported [...]
continue reading...Posts Tagged ‘General Ledger’
Five Time Saving Features All Accounting Systems Should Have
We all understand how time consuming accounting can be. There are transactions to be created, transactions to be corrected, and transactions to be allocated. There can be payroll entries to be made and recurring transactions to be re-entered. There are reconciliations to sub-ledgers and adjustments to be posted. And, don’t forget, all of these items [...]
continue reading...IFRS Accounting with Microsoft Dynamics® GP: General Ledger Level
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...Making It Easier with Dynamics GP – Quickly Modify Your Chart of Accounts
An organization needs a financial management systems to help its employees easily handle the routine tasks and complex processes without adding a lot of extra work to what is already required in a day’s work. Microsoft Dynamics GP 2010 offers capabilities which help people work faster and smarter. The Account Card (also called the Account Maintenance Window) demonstrates how [...]
continue reading...Driving Accountability with Your Financial Systems
The current economic climate has brought a renewed emphasis on accountability. Rather than checking general results at the end of the quarter or the end of the month, companies want to see the status of specific initiatives on demand. When these initiatives aren’t on track, companies want to know why. My clients and prospective clients [...]
continue reading...Microsoft Dynamics GP Interfund Management – It’s Not Just For Non-Profits
It’s true, typically non-profit organizations use Interfund Management but this example demonstrates how other companies are using the functionality. The Intercompany functionally in Microsoft Dynamics GP allows for the allocation of transactions such as payables invoice expenses, across multiple company databases while automatically creating the corresponding Due To/From transactions. However, this can also be accomplished within [...]
continue reading...Why Would Anyone Love General Ledger?
Here are the top 5 “oohs” and “aahs” we hear every day when discussing the benefits of the Microsoft Dynamics GP accounting system:
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