For over two and a half decades, Microsoft Dynamics Accounting has consistently delivered the easy to implement and use business management solution through its Microsoft Dynamics GP, which powers and drives a wide range of small and mid-sized organizations globally. From financials and HR management to operations and manufacturing, Great Plains (as it is formerly known) brings systems and people together to help support business goals and dreams. Below is the complete Microsoft Dynamics GP accounting guide.
The Complete Microsoft Dynamics Accounting Guide
Account Level Security
This allows you to enhance account views and security features, as you can choose which users enter, edit, or view critical information based on General Ledger Accounts and access granted.
Analyze your financial data using the most appropriate criteria for reporting extensibility and flexibility.
Having multiple GL accounts and currencies should not stop you from tracking multiple budgets for different fiscal years. Leverage Microsoft Excel to update and maintain budgets easily.
Cash Flow Management
Use customization views and forecasting tools to allow you control, predict, and even monitor both inflows and outflows that help you track your company’s liquidity over time.
Transfer information quickly between Payable Management and Receivable Management to build a customer record that readily utilizes information that is already available within a vendor record, and/or vice versa, delivering a consolidated view.
Fixed Asset Management
Have more financial control and put your company assets – machinery, building, and equipment – to best use using tools for analyzing, tracking, and manipulating fixed assets.
Keep your financial journal entries with a double entry accounting ledger, which supports up to nearly a thousand records. Also track non-financial data, including unit accounts at the GL level and transfer account balances depending on a variable a/c by unit or percentage, allowing more flexibility to the GL. Copy and paste vital data easily from text or excel into GL.
Not-for-profit organizations can automate their grant management processes to easily track funds, prevent over-spending, demonstrate accountability, and help attract more future funding.
Automate both complex and routine accounts payables tasks with easy reconciliation, real-time statistical history, payment scheduling, account control, and check printing. Get a warning when there is an existing open purchase order. Also track vendor information – multiple ship-to address, vendor items, credit limits, payment terms, among others.
Enjoy total control over your accounts receivable using automated processes for receipts, invoices, finance charges and statements, as well as the power to analyze critical customer activity.
Revenue/ Expense Deferrals
Simplify distributing expenses and deferring revenues with the capacity to enter records for future periods with GL, Payables Management, Receivables Management, Purchase order and Sales order processing, as well as Invoicing.
Easily reconcile from your company checkbook ledger to relevant bank account records via an automated process that works across multiple currencies.
Cashbook Bank Management
Effortlessly attach unlimited number of checkbooks to bank account, enter GL, make bank transfers, Payable Management and Receivables Management transactions, build deposits for bank transactions, and post batches. Import bank statements into Dynamics GP and reconcile transactions when it is most convenient.
Whether you want a business management solution for your new or existing business, Microsoft Dynamics Accounting will provide you with the financial insight you need to efficiently manage your business processes.