Duplicating your Microsoft Dynamics® GP database facilitates consolidated reporting. Typically, we are concerned with 75% of companies using Microsoft SQL and the other 25% using Oracle SQL or Pervasive SQL. We don’t include “QuickBooks SQL” because QuickBooks is not a real Standard Query Language, and there are a mud-puddle-size pool of public companies using QuickBooks. [...]
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IFRS Accounting – How Do You Add a Parallel Set of Accounts with Segment Differentiation?
As an alternative, you may choose to simply rely on an additional segment within the chart of accounts in Microsoft Dynamics® GP. This provides an even simpler method of presenting GAAP, IFRS (International Financial Reporting Standards), and the transactions which translate the financial reports from one standard to the other. This may result in a doubling [...]
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