Check Accounts for the Correct Type One of the most critical items in closing General Ledger is to make sure that all accounts are correctly "typed" as either Balance Sheet (type=0) or Income Statement (P&L) (type=1) accounts. Failure to correctly type accounts will create problems that are difficult to remedy. The closing process treats balance …
Facilitate the Closing Process using ActivReporter Summary Read More »
The Current Problem with Dynamics GP at Year-End Dynamics GP has an Achilles heel in that you must "close" General Ledger for the prior year in order to produce accurate financial statements for the new year. The closing procedure in Dynamics GP performs two processes that are essential for accurate financial statements: Balance Brought Forward …
How to Produce Accurate GP Financials BEFORE Closing the Prior Year Read More »
ERP projects have a long-standing reputation for being difficult. There are numerous statistics out there that say that 50% of ERP implementations can be listed as failures because they’ve gone over schedule or budget, or both. We’ll examine why this happens and how you can prevent it. ERP implementation projects often go over budget …
Why ERP Projects Go Over Budget & Schedule (And What to Do to Avoid This!) Read More »
Enterprise Resource Planning (ERP) software, despite its name, is not just for enterprise-sized companies. Almost all businesses can benefit from an ERP solution. ERP software is designed to help the flow of internal business processes and allow for communication between the various business departments and their internal functions and data. Most companies use many software …
How LS Central for Retail can redefine your business process? Read More »
Our first two blog posts in this series talked about where we've been (Dynamics GP) and where we are going (Dynamics 365 Business Central). This post will discuss our process of going through the Business Central implementation. Decisions to make Finding a helpful and knowledgeable Microsoft partner is key in major projects like this. They …
Our Journey from Dynamics GP to Dynamics 365 Business Central Part 3: The Implementation Read More »
Many SMBs come to a point where they need a business software system that is able to help them track items such as sales, expenses, invoices and also allows them to accept payments. Both QuickBooks and Dynamics 365 Business Central are software solutions that provide accounting functionality for businesses. They each can provide the core …
Upgrade your Business from QuickBooks to Dynamics 365 Business Central Read More »
