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August 23, 2010 by

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AIM Technologies

Cash Basis Financial Reporting With Microsoft Dynamics GP


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Some companies like to use the accrual based financial reporting system but others like to have cash basis reporting. Out of the box Microsoft Dynamics GP is set up for accrual based reporting. But you do have another option.  Aim Technologies provides an inexpensive add-on/enhancement for Dynamics GP for Cash Based Reporting. This allows you to use standard reporting tools within Microsoft Dynamics GP to:

  • Prepare cash-basis and accrual-basis financial reports simultaneously;
  • Use Cash Basis Reporting regardless of the company’s specific account format structure;
  • Customize relationship of cash-basis and accrual-basis accounts; and
  • Automatically create master records related to Cash Basis Reporting data.

Cash Basis Reporting provides easy identification and reporting of cash transactions originating in Payables Management, Purchase Order Processing, Receivables Management, Invoicing, Sales Order Processing, Bank Reconciliation, Project Accounting, and US Payroll.

So just remember that you always have options with Microsoft Dynamics GP - cash-basis financial reports, accrual-basis financial reports or both!

By Aim Technologies, Louisiana Microsoft Dynamics GP Partner

August 23, 2010 by

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Posted in Financial Reporting, ISV/Add On Products | 2 Comments »

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2 Responses to “Cash Basis Financial Reporting With Microsoft Dynamics GP”

  1. Cynthia Childress says:
    June 23, 2017 at 2:18 pm

    I work for small business of about 100 employees. We require an ERP accounting system set-up as accrual, but we need to run true cash basis reports as well. That means when I run my P&L or balance sheet all journal and liability adjustments have been removed. We have many prepaid or other accrual type items that represent an cash outlay in one period, but amortized or depreciated in another.

    We need a system that can readily produce a cash base report.

  2. payroll outsourcingpayroll outsourcing says:
    January 28, 2011 at 7:29 am

    check out the payroll bureau service that gives fast and flexible service delivery.