What is Microsoft Dynamics GP?

Microsoft Dynamics GP is a complete ERP package for you growing organization. With Microsoft Dynamics GP, your organization will be able to make the most out of time, money, people and other resources by streamlining your business processes and functions. For detailed consultation about this wonderful business tool, it is best to contact or visit experts such as ERP Consulting LLC, which offers consultation on Microsoft Dynamics GP in Pataskala Ohio.

Let us try to peek into some capabilities that Microsoft says about Microsoft Dynamics GP, which includes flexible and familiar tools necessary to keep your organization growing.

Financial Management and Accounting
Microsoft Dynamics GP will help you manage your organization’s cash, assets, and banking. With enhanced security features, the system allows you to do budgeting and analytical accounting without worrying of data and information leaks. Sophisticated yet easy-to-use features on cash flow management and assets management will be of great help to any organization.

Inventory Management and Operations
With this complete ERP system, it is easy to track and manage production, inventory, orders, and vendors. From receiving orders, to checking inventory, to processing those orders and managing returns, Microsoft Dynamics GP is designed to make the process smooth and painless.

Business Intelligence and Reporting
Make use of previous and current transaction data and results to get real-time visibility and analytics. This will help to track performance and will allow the organization to act with insight. No one wants to repeat the same mistake, but everyone wants to repeat the same successes. Allowing your organization to do precisely that is among the strongest points business intelligence and analytics that comes with Microsoft Dynamics GP.

How to Get Started
Consult now with ERP Consulting LLC, which offers consultation on Microsoft Dynamics GP in Pataskala Ohio. We are dedicated to offer you with the best advice and solutions for the ERP needs of your growing organization.

For more information on Microsoft Dynamics GP in Pataskala Ohio, please contact or visit us anytime at ERP Consulting LLC. We are always ready to assist.

Businesses and ERP

Businesses like ERP Consulting LLC, an expert on Dynamics GP in Pataskala Ohio, have become a great help for organizations wishing to adopt an ERP system. What is ERP and why are organizations very eager about it?

The Typical Process
In a typical business operation, when a customer calls for an order, it first goes thru the sales department, which then checks the inventory for product availability.  If no product is available, it will contact the production department, which would check the inventory for the materials and buy the unavailable materials from a third party vendor. When the product is finished, the sales department will then deliver the product to the customer. After the transaction is done, all the financial reports of the sales department and production department will then be submitted to the finance department for records of sales and expenses. It is a long and complicated process, which is also prone to errors and miscommunication between departments.

What is ERP?
ERP helps eliminated all these problems and gives your business an easy and smooth flow of operation.

ERP or Enterprise Resource Planning is a system, which manages the information of your business in a centralized manner. It integrates units of your business needed in the operation, which are product planning, manufacturing, marketing, inventory management, and shipping and payment.  Also, all the information goes through the system in a (or nearly) real-time basis thus avoiding data duplication and provides accurate information to all departments.

How does ERP work?
So, how would a business using an ERP system work?

When a customer calls for an order, sales department will just check the real-time information stored in the centralized system and can inform the customer whether the product is available or not.  And since all the departments have access to the centralized system, unavailable products can be manufactured faster which can lead to increase in sales and improved customer relations.

Here at ERP Consulting LLC, we can assist you on how to implement Dynamics GP into your business. We are an expert on Dynamics GP in Pataskala Ohio. For ore information about ERP and Dynamics GP in Pataskala Ohio, please contact of visit us at ERP Consulting LLC. Let us help you find the best

4 Benefits of Microsoft Dynamic GP’s Collection Management

Collections can be a really tedious process and, when mishandled, can cause a major financial trouble. Good thing, Microsoft Dynamics GP, a solution that we, at ERP Consulting LLC, a company that implements Dynamics GP in Pataskala Ohio, has a feature called Collections Management, a tool that will streamline collection process and reports.
 Here are some of the ways your company can benefit from the Collection Management system:

1. Decrease DSO
Days Sales Outstanding (DSO) is a necessary statistic in determining your Accounts Receivable, the money debtors owe you. DSO determines your sales and how fast you get paid for it, therefore it’s a way to know how efficient your collection process is. Microsoft Dynamic GP’s collection management feature will help you keep track of it in order to easily realize your Return of Investment.

2. Keep Payments History and Notes Centralized
Collections Management has a centralized area for tracking notes, arranging follow-ups, and setting actions on invoices. With Microsoft Dynamics GP, everything is there, from creating actions to keeping histories and notes on customer invoices. Having a centralized area for contact and collections information will boost your company’s efficiency.

3. Automate Follow-Ups and Collections A feature called “Collections Plans” will suggest all the customers you need to contact, as well as, automate all the steps in the collection process. It helps reduce your time searching for customers, creating e-mails, and manually attaching invoices. This system has a sequence of actions that are automatically suggested according a particular invoice’s due date. With this, you will significantly reduce the time to be allocated in organizing data and communicating with your clients, and be able to concentrate on other aspects of your business.

4. Simplify Reports Generation It provides a summary of Account Receivables and enables you to view information by collector, by national account, or by a group of customers. It also includes “SmartList”, a tool to dissect data, and a performance report for every collector. All these things will deal with the problems that customers have and the inefficiencies of the collectors.

The points above explain how the Collections Management feature of Dynamic GP, a business solution that we offer here, at ERP Consulting LLC, the leading source for Dynamics GP in Pataskala Ohio, enables you to enhance your cash flow and prevent financial mismanagement resulting to bad debts. Timely collection of receivables is very important in business as it promotes better cash flow. With Dynamics GP, you can be sure to have a more efficient and productive collections process. To get Dynamics GP in Pataskala Ohio, schedule an appointment with us, at ERP Consulting LLC, anytime. Call us at 614-207-1782.

How to enter a wire transfer in Dynamics GP for Wire Transfers

Go ahead and perform the wire transfer thru your bank.  Then in GP use the manual check entry.  After entering the date and vendor id select payment method of Cash.  Enter the checkbook .  After entering the amount you can click on the apply button and apply this payment against the invoice it is paying that is already in the system.

How to correct costs on Key2Act jobs

To correct postings to jobs in Key2Act job cost you will use the GL General Journal entry. You can use this to add costs to jobs, transfer from one to another or to remove the cost from the job.

1) To add a cost to a job – When you get to the product indicator select job cost then the job and cost code. A debit will increase the cost to the job. You will then select unbilled for the second line and select the GL account that the transaction had been posted. Probably would be a cost of goods sold or subcontractor.

2) To transfer a cost from one job to another - When you get to the product indicator select job cost then the job and cost code. Enter a credit transaction to reduce from a job. Then on the second line on the product indicator select job cost then job and cost code. Then enter a debit balance. This will add the cost to this job.

3) To reduce a cost to a job - When you get to the product indicator select job cost then the job and cost code. A credit will decrease the cost to the job. You will then select unbilled for the second line and select the GL account that the transaction had been posted. Probably would be a cost of goods sold or subcontractor.

The report has a reference to a dimension called main account category using Management Reporter

I was trying to run a report for a client in management reporter. I received and error I had not come up against. The message was the report has a reference to a dimension called main account category. I then looked at the row definition and found that it referenced not only the GP categories but also had a column referring to AX.






To fix this I opened the row layout. I then went to edit - row links and deleted the reference to AX. Report ran fine. Hope this helps.

Highlights of Microsoft Dynamics GP

Microsoft Dynamics GP, the solution we promote here, at ERP Consulting LLC, a trusted consultancy firm that implements Microsoft Dynamics GP in Pataskala Ohio, is an accounting software and ERP solution that is designed to meet the needs of companies, especially the small and medium scales, to make their systems more efficient and help their business grow successfully. Microsoft Dynamics GP helps improve every aspect of your business, including financial management, supply chain management, reports, smart decision-making processes, and more.

Microsoft Dynamics GP is packed with features, familiar and new, that meets all the needs of your business to grow and improve and that is why we, at ERP Consulting LLC, choose to promote Microsoft Dynamics GP in Pataskala Ohio for our clients to have the best ERP solution for their businesses. The following are some of its key features:

Familiar and Easily Adaptable

Microsoft Dynamics GP provides you with robust out-of-the-box functionalities that are very easy to learn and use as they are designed similarly and works with other Microsoft applications that people, and your employees, use every day, such as Outlook, Word, and Excel.

Boosts Productivity

Microsoft Dynamics GP allows you to integrate and automate all your financial and operational processes quickly and smoothly. As a result, the ability of your employees and customers to exchange and share data will be greatly enhanced. This boost in productive is mostly because of the following reasons:

• It is highly scalable, with a proven scalability to at least 1,000 users and provides you with robust functionality across financials, manufacturing, service, distribution, and integrated Customer Relationship Management.
• Recent Studies conducted by Nucleus Research show that 87% of the clients implementing Microsoft Dynamics GP achieved a positive Return of Investment from their deployment.
• The software provides users with an individualized and role-based experience so they don’t have to worry about learning more things other than the navigations and functions relevant to their tasks which would otherwise be a waste of training time and costs.
• It provides the users with detailed and up-to-date reports, as well as notifications on what specific actions they have to perform, in order for them to make smart decisions quickly and effectively.
• Every single record and information can be sharable to avoid miscommunications and conflicts.

Enables Better Decision-Making

Because it provides the administration and decision-makers great visibility of the business and all the processes involved, it will enable them to make smarter decisions towards improvement and efficiency of the business.

Managing and growing a company can be simpler, having an ERP solution that provides you will all the major assistance you need. To get Microsoft Dynamics GP in Pataskala Ohio, you can set an appointment with us, at ERP Consulting LLC, by calling 614-207-1782.