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

 
 

Posts Tagged ‘Idaho’

Tight Budget? When to Hire an Implementation Consultant

Your best option to keep your costs low is to allow the consultant to help you plan the project approach up front. It’s like gambling: set a budget before you start.

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We Beat Epicor, Prophet21, and SysPro with Microsoft Dynamics® GP

Going against Epicor and Prophet21 twice in one year, I built on what had occurred during and immediately after the first competition. We provided our second prospect with facts prior to the competition putting their spin on these issues.
We established solid credibility with the prospect and re-established our product. We earned an 8-user GP and 40-user SalesPad sale. And we are going to knock this install out of the ballpark because we will be there for this company; whatever it takes. That’s how we do implementations.

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What A Prospect Learned When They Didn’t Choose Microsoft Dynamics GP & SalesPad

I recently checked back with my champion at a prospect company, a sale which I lost about four months ago. The selected upgraded software is purchased; the annual plan locked in; funds are spent for implementation, consulting, travel expenses, and training. All that’s left is “free” online training. The key employee that drove the decision has dug his heels in to defend the implementation.

But the truth is, they aren’t live. What happened?

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IFRS Accounting with Microsoft Dynamics® GP: Cash Flow Statements – InDirect Methods…and the Benefit of Direct over Indirect

This is the second blog on IFRS Accounting with Microsoft Dynamics® GP: Cash Flow Statements. We first examined Direct Methods and now  we’ll look at Indirect Methods followed by a discussion on the Benefit of Direct over Indirect. . Indirect Method Using the more common method in the U.S.—GAAP-compliant financial statements prepared with the Indirect […]

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IFRS Accounting with Microsoft Dynamics® GP: Existing Microsoft Dynamics® GP Transaction Origins Capable of Simplifying IFRS Entries

Many existing transaction origins within Microsoft Dynamics® GP are capable of facilitating rapid creation of adjusting entries to transition financial and analysis reports between GAAP and IFRS.  These transaction origins are best utilized with one of these three methods: Parallel set of accounts Accounts with a dimension Classified Transactions within the chart of accounts . […]

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IFRS Accounting with Microsoft Dynamics GP®: Sub-ledger Transaction Level (Part 2)

Deploying IFRS in Dynamics GP with the Addition of a Parallel Set of Accounts or by Adding a Dimension to Your Existing Chart of Accounts. In this blog, we examine two more methods of deploying IFRS at the Sub-level Transaction Level. We’ll look at Adding of a Parallel Set of Accounts and Adding a Dimension […]

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IFRS Accounting with Microsoft Dynamics GP®: Sub-ledger Transaction Level (Part 1)

This blog begins a 3-part examination of IFRS Accounting: Sub-ledger Transaction Level and the 5 Available Methods of Deployment. First we’ll look at the Sub-ledger Transaction level and take a look at the first available method of deployment, Duplicating Your Database. Systems capable of sub-ledger transaction level of deployment of IFRS and GAAP are generally […]

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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...

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IFRS Accounting with Microsoft Dynamics GP®: Where Do You Start?

Due to the volume of responses and question we’ve been receiving on our IFRS series, we’d like to step back and start with an enhanced version that answers many of your questions. The first step in analyzing your software systems is to determine the source of transactions and at what point you want to be […]

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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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