The posting type determines how the account balance will be treated during the year-end closing process in General Ledger in Microsoft Dynamics GP. Balance sheet accounts will be rolled forward to the next year, and Profit and Loss accounts will be rolled into the Retained Earnings account.
eOne Solutions has created many templates that can be imported directly into SmartList Builder.
The first step in this tip is a quick refresher on updating your toolbar. For more information about customizing your homepage.
Some are old, some are new, but I bet every Dynamics GP user can find something useful. You can see all our tips sorted by category at www.calszone.com/tips. While you are there sign up to receive our e-newsletter, or automatic email alerts from our blog, so that you will never miss a new Dynamics GP tip.
Use tax, the lesser known counterpart of sales tax, suffers from a basic lack of PR. Buyers and sellers alike pay it no mind. Despite 27 states having a dedicated line item in tax returns for reporting use tax owed, only 2% of taxpayers actually report it. This has left the states with a $23 billion deficit annually in uncollected use tax.
The RM Transaction Unapply tool is in the Professional Services [...]
When your A/P, A/Record or cash sub ledgers don’t match your General Ledger, the GL reconcile can show you where you have missing or “unmatched” transactions.
Why do they have to change everything? That is always my first question when I do a software upgrade. I remember spending an hour looking for the Print button when Office 2010. And the frustration I felt after realizing that the “Advanced Find” button in Dynamics CRM was now that tiny wheel icon in the corner.
You can use this tip if you are running the [...]
Microsoft announced that they have ended the Convergence event and replaced it with “Envision”. Envision is promoted as the new flagship Microsoft event for business leaders.
Quick reports make my life so much easier. They're fun; they're easy to use; you can make them whatever you want them to be, however you want them to be, and not only that, you can change them. You can change them whenever you want to fit the needs of my boss, Annette, who needs something different every single day, and it just makes it timesaving for me just because when she calls, I have to give her what she needs right away, and those reports make it so that I'm able to do it so she can do her job better.
Maybe you are fed up with hearing about the Affordable [...]
30 sweet statistics on consumer spend trends for December. It’s the most wonderful time of the year. This popular holiday tune could be the theme song for retailers this holiday season.
What does it take to be a savvy seller in [...]
CAL Business Solutions is proud that our team member, Amber Bell, is one of the very first ever Dynamics Credentialed Professionals (DCP). This certification is offered by The Association of Dynamics Professionals (DynamicsPro). This is “an independent, not-for-profit membership organization which exists to serve the Microsoft Dynamics community by establishing competency standards and assessments.”
Turkey and taxes. The U.S. has a long history of both. And in 2010, the two converged in Virginia as part of an annual Thanksgiving tradition where tribal and state leaders pay homage to a more than 330-year-old treaty: then-governor Bob McDonnell was presented with a turkey (and two deer) by tribal chiefs in lieu of taxes. Unfortunately, paying taxes in trade doesn’t work for most of us. Depending on where and how you celebrate this year, your Thanksgiving feast could be served up with a side of sales tax.
Are you using the new features in Microsoft Dynamics GP 2013? Do you use requisitions management in Dynamics GP? How about Copy & Paste to GL?
The software has certainly improved over the years, but the core features users loved about Great Plains software are still the same. Dynamics GP is still a stable, core financial system that just works.
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This infographic is designed to visually answer the questions, “Why should I consider Microsoft Dynamics GP” and “What value will I get from Microsoft Dynamics GP”? Share this infographic on your own site with the embed code below. Then download the related white paper, 25 Brilliant Ways to Outsmart Your Competition with Microsoft Dynamics ERP at www.calszone.com/brilliant-erp
The price of Microsoft Dynamics GP financial accounting software systems for distributors can vary widely. You may need simple inventory tracking all the way up to a full warehouse management system (WMS). In order to start the conversation, and make sure we are all in the same ballpark, here are some guidelines.
Many distribution companies own a Microsoft Dynamics GP solution. Perhaps you even purchased it back in the old “Great Plains” days. Your business may have started out simple, and Dynamics GP (Great Plains) was just your core financial system. Over the years maybe you added on other disparate systems for inventory management and product configuration.
Getting closer to the customer is no longer a retail-centric sales strategy. More manufacturers, suppliers and wholesalers are starting to sell direct to consumers (D2C). Motivations vary: brand awareness, customer loyalty, even product innovation. But for the most part, B2B sellers are simply looking to give consumers what they want — the ability to buy products directly from the source. Many are already doing it.
Every company uses financial accounting software, but when you are a distribution company there is more to it than just debits and credits. There are specific features you distribution company needs in the software in order for your business to thrive. Here are six things distribution companies need to be able to do within their financial accounting software.
Bwaahahaha! Is that the ghostly laugh of a Halloween haunt — or the auditor reviewing your sales tax returns? Dealing with sales tax can be a ghoulish task. And for businesses with compliance obligations in multiple states, it can be frighteningly difficult to know which rules apply.
Sometimes we get stuck in our ways. Over the last 15 years I had one process to bring in open AP/AR/Inventory in Microsoft Dynamics GP. But I have found a better way.
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