Microsoft Dynamics GP 10.0 - Analytical Accounting

Great Plains software, now known as Microsoft Dynamics GP offers unprecedented reporting flexibility in version 10.0 which in turn increases efficiency across the system for your business. Analytical Accounting enables users to react swiftly to the increasing demands of the business.

Enhanced flexibility allows you to set your own criteria for reporting all financial data, which facilitates greater efficiency, because you can give your employees the power to make quick decisions by accessing real-time information which can be easily analyzed with tools that are familiar.

Five key benefits of this tool

Improved decision making

Classify data and report and analyze financial transactions based on your particular requirements. By focusing exclusively on the financial information that you require, you can make better decisions. Greater flexibility allows you to choose which data you include or exclude in any report, based on your company’s priorities.

Boosts accuracy

GP 10.0 comes with functions that make it easier to do data entry, which drastically reduce user errors. This helps improve the validity of the financial analysis as well as the accuracy of the reports. Comprehensive automation of accounting tasks also reduces the need for manual reconciliation by users, which contributes to greater accuracy.

Precise search and analysis

With tighter integration across modules in the GP 10.0 ERP system, users can now search for and analyze transactions with precision across the whole company.

In-depth views

By organizing data across the system for multiple levels of employees within the company hierarchy, users can obtain a detailed view of accounting transactions when utilizing the ERP system.

Assume control of the accounting process

There is no limit on the number of transactions that users can customize by selecting the reporting criteria according to individual needs.

Salient Features of Analytical Accounting

Comprehensive integration

Gain access to real time data by analyzing transactions across the system and the company with integration across modules in Microsoft Dynamics GP including General Ledger, Payables, Receivables, Sales, Purchase Order, Bank Reconciliation and Grant Management.

Preset and user defined dimensions

The Dynamics GP accounting software has preset system transaction dimensions such as customer, vendor, and item etc., that can be used for classification and reporting. Additionally, there is no limit on how many tailor made dimensions users can create according to their needs. These include cost center, profit center, business region and time.

Unique dimension codes make analysis easy

By giving customized dimension codes for ledger transactions, you obtain more efficient analysis - instead of having to go through them account segment by segment, users can analyze them based on transactions. When you enter a purchase order, you can trace the purchase accounts right away by applying unique dimension codes.

Easy navigation

An icon added to every distribution transaction screen in General Ledger and Analytical Accounting enables you to switch quickly between windows. You can access distribution data easily when you link accounts by class.

Excel reports

Better integration allows users to create and display multiple level reports in Microsoft Office Excel, and this facilitates manipulation and linking of non-financial data with accounting reports and enables improved presentation.

Interactive wizard

Inquiries at different levels with in the organization are made easy with the interactive wizard feature which integrates Excel with Dynamics GP Smartlists. Create Smartlists for analytical accounting that link associated data together.

Grant budget authorization

To ensure availability of funds, you can automatically authenticate grant budgets when applying a grant dimension code to transactions. This feature is especially important for non-profit organizations.

Varying budget periods

Users can specify start and end dates for budgets of varying time periods, such as quarterly, semi-annually and for multi-year periods. This will not affect fiscal year options.

For more information about Microsoft Dynamics GP 10.0 please contact Integrity Partners online at https://www.integritymbs.com.