Microsoft Dynamics vendors provide comparisons and opinions to professionals in the ERP/Accounting software selection process


MIG & Co.

Analytical Accounting in Microsoft Dynamics GP

Email | Print

With the Analytical Accounting module that comes with the Starter Pack for Microsoft Dynamics GP, you can analyze financial data by whatever criteria you need, giving you greater reporting flexibility. Analytical Accounting is a powerful tool that helps you analyze, interpret, and create reports based on your chart of accounts.

Analytical Accounting can help you make better business decisions by giving you access to real-time information you can analyze quickly and easily. You can focus on the financial data you need by including or restricting report content dependent upon your organization's reporting needs.

Analytical Accounting gives you a detailed view of your accounting transactions and enables deep analysis. You can organize data hierarchically for multi-level reporting, and you can generate multi-level reports more easily with wizard-driven inquiries that integrate Microsoft Office Excel and Dynamics GP SmartLists.

You define the information that is important to your business and analyze financial data by whatever criteria you require. Employ an unlimited number of user-defined transaction dimension codes and account classes. Attach user-defined transaction dimension codes to ledger transactions to eliminate the need to analyze transactions on the basis of account segments. Apply dimension codes to the Purchase/Inventory account for immediate tracing upon entering a Purchase Order transaction.

Analytical Accounting facilitates easier data entry and includes functionality that reduces user error, improving analysis and reporting accuracy. You can define valid transaction dimension code combinations to prevent invalid combinations from being entered for a transaction.

You can find and analyze transactions accurately across your entire organization with tight integration amongst all relevant Microsoft Dynamics GP ( modules:

  • General Ledger
  • Receivables
  • Payables
  • Inventory
  • Sales Order Processing
  • Purchase Order Processing
  • Grant Management
  • Bank Reconciliation

MIG & Co. is a professional consulting firm that specializes in the implementation of business management software solutions, including Microsoft Dynamics GP, SL, and CRM. We automate business processes to ensure that our customers work efficiently.

Ask This Expert a Question / Leave a Comment