How to Use Microsoft Dynamics GP

How can you use Microsoft Dynamics GP in Pataskala Ohio in order to improve your business and help drive your company towards success? Well, it is fairly simple! This program is designed to be easy to use, so you can enhance your company without any hassles!

What Can It Do For You?

Microsoft Dynamics GP is a highly customizable program that is designed to grow alongside you and your company while providing you a number of different features to help you run your business! Some of the features it provides include sales, customer service, human resources, payroll, financial management, inventory management, business intelligence, accounting, operations, reporting, and much more! Basically, it is able to run the entire business for you while you control it at the tip of your fingers.

Dynamics GP can even automate many of the different processes of your business, so you will not have to worry about a thing! This will allow you to put your attention on more important aspects of the company.

Easy to Use

If you are familiar with other Microsoft programs such as excel, word, or outlook, then you will feel right at home with Dynamics GP! You can even use this nifty program on your smart phone and tablet as well, allowing you to easily manage and handle your company anywhere and everywhere!

When you first open up this program, you will notice a wide array of different things designed to help make it easier to run your business! As a matter of fact, the learning curve is pretty low because if you know how to use excel or word, then you will know how to use this program! Microsoft designed it to allow people to simply jump straight into it and start improving their businesses right away.

If you are interested in learning more about Microsoft Dynamic GP and how it can be used to improve your business and get you on the path to success today, simply give ERP Consulting LLC a call today at 740-951-0220. We are more than happy to answer any questions that you may have!

What is Microsoft Dynamics GP?

Microsoft dynamics GP is a program designed to assist small to medium sized companies with enterprise resource planning. This program allows you to have a greater amount of control over many different kinds of aspects of your company such as your operations, your inventory, and your finances. The best part is the fact that it is very easy to use!

Operations

When you are trying to run a successful company, it is very important to keep into mind a wide range of things regarding your operations. You need to keep into mind what your employees are doing, what you are producing, and how effectively your business is running. However, Microsoft Dynamics GP can help simplify the entire operations of your business and handle them all at the tips of your fingers! When your business becomes easier to run, you will be able to focus more on improving your company and earning success!

Inventory

Managing your inventory can be tricky at times, especially when you have plenty of products and items to manage. However, when you use the Microsoft Dynamics GP program, it will make inventory management a walk in the park! You will no longer have to worry about the huge hassles of managing every item and keeping tracking of everything because this program will handle it for you, allowing you to streamline your inventory and improving your productivity. After all, organization is the key to success!

Finances

Obviously, if you are going to run a successful business, you are going to need to make sure your finances are all in order! So how can you organize your money and make sure that it is being spent in effective ways? Simply use Microsoft Dynamics GP! This program can help keep all of your finances organized so you know exactly where your money is going and how it is being spent, so you can better control your business!

If you are interested in learning more about Microsoft Dynamics GP in Pataskala Ohio, simply give ERP Consulting LLC a call today! Our number is 740-951-0220, so do not hesitate because we are here to help you improve your business!

Microsoft Dynamic GP Manufacturing Features That Your Company Needs Most

One of the biggest issues in Manufacturing businesses is the lack of agility and efficiency. Like every other line of business, manufacturing greatly needs optimization in all the aspects of business, such as supply chains, financial management, materials management, among others. As an experienced business consulting firm, at ERP Consulting LLC, we have helped companies overcome these issues by implementing Microsoft Dynamics GP as an ERP Solution. The best thing about Microsoft Dynamics GP is that it comes in modules that are specially designed for every aspect and type of businesses. For example, in the manufacturing department, it offers comprehensive and powerful major features and add-ons that address and eliminates issues and inefficiencies and provides automation in transactions, including:

• Manufacturing Order Processing

  It’s one of the core features of the manufacturing module and streamlines the entire process of manufacturing. This function determines the many alternate assembly routes that are available for every manufactured item. To make the process accurate, it also enables easier tracking of production, machinery, and detailed labor information, such as skills, work hours, schedule, and shifts.

• Sales Forecasting and Configuration

  With this feature, you will be able to look back on the sales from the previous years for reference as well as a request for a sales forecast for a certain period of time in the future. This helps you understand whether or not there is a need for some changes in a certain department for the company’s continuous growth. The sales configuration function also provides amazing features, such as simplifying order process, enhance quoting and shipping of products, calculating total costs of every sold product, and estimating the completion date of every order.

• Financial Management

  One of the biggest issues that businesses face is inefficiency in financial management. Microsoft Dynamics GP overcomes this by automating processes. It automates every transaction process as well as payment adjustments for increased productivity. You can create budget templates as many times as you need and improve your financial and audit control.

• BOM

  Every finished product requires an active Manufacturing, Engineering, and Archived Bill of Materials. This feature lets you easily make changes and updates on the BOMs, as well as make alter revision levels and record their history for future reference. On top of all that, the software will also make a comprehensive analysis of finance, sales, and purchases, make complete and real-time reports, and simplify the management of payables and receivables.

• Inventory

  The latest version of Microsoft Dynamics GP also provides an inventory all-in-one viewer where you can access and view all the inventory information you need, such as quantity in, quantity moved, and quantity out. You will be able to see where a certain quantity is sent to or received from, along with extensive details about the transactions.

• Job Costing

  This helps make finance management efficient by spotting unreasonable cost contributors and variances and eliminate duplicate entries in the system that could possibly lead to errors in the future. Other than that, it also makes capturing job costs automated for enhanced efficiency.

Manufacturing can be really challenging and complex but with the speed and efficiency that Microsoft Dynamics GP provide, all tasks can be simplified and streamlined. You will have the ability to automate the major processes and transactions and retrieve all the information you need to make business decisions in complete detail. If you want outstanding business solutions to overcome inefficiency in your company and grow your business, ERP Consulting LLC has a team of professional consultants that are experienced in implementing Microsoft Dynamics GP in Pataskala Ohio to help you. Let’s begin the process of achieving your massive business success by calling us at 740-951-0220.

All about Landed Cost Formula

Just how much are you spending on importation? Is it worth it?

Starting a manufacturing or retail business can be tricky. You need to consider where you source your raw material supplies (manufacturing) and ready-for-sale products (retail). Clients who source materials from a different part of the globe are called Importers. They may experience miscalculation of pricing of goods the first time around because of improper cost accounting. As an importer, you should know that the cost of materials you buy is not the only amount you pay. There are other charges you may not know of yet. This is where the Landed Cost Formula comes in.

What is Landed Cost Formula?

In a nutshell, Landed Cost Formula is the full amount you spend per imported good or material. This takes into account the following: Price of Imported Good, Freight Costs, Insurance, Storage Costs, Customs Duty, Tax, Customs Clearance, and more.

Clothing Manufacturing Business

Let’s say you are a clothing manufacturing business and you need to source out raw materials from China. You will definitely need cloth, sewing materials, and the like. If you check out your supplier’s prices, they seem reasonable. However, because that is not the only money you cash out upon delivery, it is important for you to understand other expenses you will be paying. Your Chinese supplier may not know the Customs Duties and Taxes in your state, so you may talk to your customs department for more information.

How Do I Calculate my True Landed Cost?

There are some clients who complain that they only get to know how much they really spent long after their shipments have arrived. Factors like foreign exchange rates, additional customs payments, and FOB can destroy your initial costing. This is why you need to have a clear idea of all costs you may be incurring and use estimates in your computations. To make smarter decisions, Enterprise Resource Planning (ERP) Software is readily available to help you do just that and focus on running your business instead of worrying about cost accounting.

How ERP Consulting LLC Can Help

ERP Consulting LLC has a dynamic knowledge on different businesses that plan to operate with global connections. We help to install Microsoft Dynamics GP in Pataskala Ohio so you can better choose which materials to source for your products. Our firm also offers support and after-sale services so you need not worry about improper guidance. Check out our Web site for more information at erpconsultingllc.com or give us a call at 740-951-0220.

Microsoft Dynamics GP will help you gain better control on all aspects of your business. This includes management of costs, inventory, accounting, human resources, customer relationship management, and more. Call us today and take the next step to your business’ growth!

5 Advantages of ERP Software

If you want an all-in-one software for all workflow across your business’ departments, ERP Software Systems is definitely the solution for you! Whether you import raw materials (manufacturing) or retail products from abroad, your company will surely be better off with ERP solutions. Here are the reasons why:

• Integration to a Single Software Application.

  All the processes in all departments like Finance, Accounting, Human Resources, Logistics, and Marketing/Sales will be shown to you on one screen.

• Easy Functions.

  You will be able to check orders, track inventory, see improvements in revenues and sales, and more. This is especially important to import and export clients who need to always be on the lookout for more income and minimize on unnecessary expenses.

• Unified Reporting System.

  With all the work across all departments in one application, you will have a better working knowledge of what is going on and can better analyze statistics.

• Collaboration Across Departments.

  ERP solutions will give you better visibility across all departments and will enable faster and smarter work output. Your employees can work smarter instead of harder and you will thank ERP for enabling them to do so.

• Business Intelligence Functions.

  Now your ERP system will be able to give insight for you to have better decisions. It will give you insight on how to improve a current business process, as well as identify areas for improvement.

Running a business can be difficult at the start, but if you run it smart, you can focus on growing it more than running it. Getting smart tools to aide you will allow you to earn more with less effort. If you’re looking for ERP solutions, ERP Consulting LLC can help grow your business!

We offer Microsoft Dynamics GP in Pataskala Ohio that overlooks all including Financial Management, Languages, Business Intelligence and Reporting, Human Resource Management, Supply Chain Management, Configuration and Development, Customer Relationship Management, and Project Management.

About ERP Consulting LLC

We offer dynamic ERP solutions in Pataskala, Ohio. Our President and Manager, Michael J. Taranto, has had 25 years of success in the consulting business where he offers his experience in all aspects of running a successful business. For more information about us, check out our Web site at erpconsultingllc.com or give us a call at 740-951-0220. Let us know how we can help you grow your business and earn more today!

Fundamental Costs of Start-up Business

The country’s economy today heavily relies on various corporations, partnerships and sole proprietors. Owners, partners, directors and stockholders of these business establishments and the government practice a mutual relationship. These businessmen provide employment and basic needs of the community’s citizen while the government protects their businesses through passing statutes which regulate the mechanism of trade. Hence, every business idea will be useful to the community and to the entrepreneur who earns money through that idea. Also, businesses are essential in the country’s economic survival. Despite these benefits and advantages, not all business ideas become applied and come into existence. No matter how novel and noble an idea is, it would be in futile if you do not have the capital to start-up the application of such. So, what are the possible costs you will incur once you want to start your own business? Here are some of the costs you should consider as enumerated by ERP Consulting LLC.

• Research Cost

  Nobody would want to go into a battle unprepared; and this is the very reason why every business idea should undergo a long period of rigorous, accurate and detailed research. The research necessary before beginning your business is not entirely about your proposed product or service per se.

  Before entering the market, you should also check the financial condition of your target market, the economic status of your community and the need for the particular product or service you are about to launch.

  If you fail to conduct a well-versed research, you will be preparing to fail.

• License and Permit Fees

  Whatever your business idea is, if you are serious and are willing to pursue it, you have to be prepared of the requirements laid down by the government. Whether it is a product or service, the government will conduct inspections on the place where you are to manufacture, distribute or carry out your product or service.

  Moreover, starting-up of any business has a corresponding license and permit fees provided for by the applicable statutes in your location. You will have to file the required documents plus the fees before you can begin your business operations.

  This is one of the consequences of the mutual relationship between business owners and the state.

• Supplies and Equipment Expenses

  No business establishment can operate without the basic materials at their place of business. In fact, even service-providers need office supplies before they can start to work.

  For this reason, you should also take into account the amount you will need to pay for the pieces of furniture, machineries, raw materials and all other things you would need to create your product or offer your services to your clients or customers.

  In choosing supplies and equipment, you should remember to not just look at the price but also their durability and quality.

• Marketing Expenses

  What is a product without an end-user? What good is a service without a client or customer?

  A product, if not purchased, is nothing. Each service, without anyone who appreciates it, is for naught. Thus, every establishment shall capture their market through various marketing strategies like advertising and promotions.

  To persuade people to purchase what you offer, you have to take into consideration the fundamentals of marketing:

  • You should offer a need.
  • If not, you have to make them need it.
• Employee Fees

  Even if a business sells product alone, the owner would still need manpower to do certain acts in the furtherance of manufacturing or producing the object to be sold. More so, service-providers would necessitate employees who will be trained to carry out specific tasks for the company’s clients.

  Therefore, as an owner, you should also take into account the probable costs of hiring your employees. You can start with reading the applicable labor laws on the matter to know the minimum price of hiring the people you need, as well as their rights which you need to consider.

Manpower is the best asset of every business, you should take care of yours even before you start-up your business operations. Being an entrepreneur could be very fulfilling, financially and morally. However, you should monitor your business well; otherwise your efforts would be pointless. To help and guide you in monitoring your business, you can seek the help of experts of ERP Consulting LLC, your provider of Microsoft Dynamics GP in Pataskala Ohio and your professional partner for growth.

Why there’s a Need to have a Mission and a Vision in Businesses?

The terms “Mission” and “Vision” are no longer new to us. Probably, we have first encountered these words in grade school where we were initially introduced to a formal organization or institution. Until today, when we have already been visited or worked at various institutions or companies, we might have still continued knowing their mission and vision statements.

But have you ever asked yourself why they have these kinds of statements? Why does every organization need to have lines painted on the walls of their office buildings or printed in every formal document they submit or file?

If you have attended business school, you could answer their difference and their purpose. For some who do not have a background on these two, they might just seem like two words with a similar meaning.

“Mission” and “Vision”

A mission statement is a short sentence or paragraph used by an organization to explain and summarize its purpose. The mission line of each company serves as both a goal for employees of the business organization to finish their tasks at hand and as a motivation to move towards their company’s growth and progress.

A vision statement, on the other hand, sets the map where the organization is headed to. It sets out the ultimate objectives of the company as well as its economic foresight to guide its leaders in making decisions for the organization.

Mission statements are short-term while vision statements are long-term.

Why should you have a mission statement?

• Coherent business plan.

  Mission statements are probably the first thing you see in every business plan. As a proprietor of a business idea, it would be advantageous to include your mission in the executive summary of the plan for your possible investors, partners or co-incorporators to know where your paper is heading to. Through these statements, they will easily find what they are looking for.

• Delineating the purpose from making profit.

  Although business establishment is pioneered to gain profits, earning money should not be your organizations sole goal. Maybe, you can incorporate the basic need in the community which you aim to fulfill or satisfy. Through the mission statements,

• Advertising scheme.

  Companies sometimes include their mission statements in their advertisements as taglines. Through doing so, they communicate the ultimate intention of their business; and people could find your product or service worthy of their time and interest through these statements.

Why should you have a vision statement?

• Providing organizational effectivity.

  Vision statements serve as the magnet of each organization. It keeps everyone in the company informed of the reason why they are doing their tasks as well as where they are going to in the future. Through orienting every member of the establishment with the true meaning of each line, their concentration and focus aligns in the same path creating the necessary cooperation inside the company.

• Guiding decision-making.

  Exemplary skill in making rational and calculated decisions is necessary whenever you start operating your own business. Once faced with difficult situations and conflicting options, you could go back to the vision statement and choose which one aligns with what your company’s plan is.

• Motivating and inspiring employees.

  Actually, corporate directors and incorporators, partners, proprietors and their employees will be benefited by the vision statement. The owners of business will have a clear plan where the company will be heading to in two, five or ten years. Meanwhile, employees would be inspired to work hard knowing where they will be after a couple of years if they always finish their tasks properly.

Not only big companies need mission and vision statements. ERP Consulting LLC, an expert in monitoring one’s business through Microsoft Dynamics GP in Pataskala Ohio, not just encourage clients of making these statements as foundation of their businesses but will also help them to succeed through enterprise resource planning (ERP) software sales, installation, configuration, integration and support in order to provide them with expert guidance and project leadership while empowering complete control of their finances, resources and decision-making processes.