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How to view better financial reporting with Microsoft Dynamics today?


More and more, we hear about organizations planning to automate or migrate old reports to the new Financial Report Writer. “Better enablement with visibility” is the number one need identified by business people when it comes to how they get and use information. Visibility means getting the right information into the hands of the right people at the right time. The right information is relevant and accurate. The right people are those who know what to do next. The right time is whenever they need it. That’s the process of accounting software enablement.

Workflow automation helps you streamline key tasks and boost operational efficiencies while freeing your people to pursue their core competencies. Intuitive customization and seamless integration with your existing IT infrastructure help reduce total cost of ownership (TCO) and can extend the value of your IT investments. Microsoft Dynamics works the way you do.

Get more with new applications and system features for Microsoft Dynamics GP 2018 R2.

  • Inactivate/Reactivate Master Records from Navigation List: In Microsoft Dynamics GP 2018 R2, users can inactive and reactivate master records for Accounts, Checkbooks, Customers, Sales People, Vendors, Employees, and Items from Navigation Lists. Additionally, users can inactive one employee at a time from Navigation Lists. For each of the different types of master records: Microsoft Dynamics GP will check to ensure the record meets appropriate criteria to be inactivated. The ‘Inactivate’ option follows existing rules and logic in Microsoft Dynamics GP for each master record type. Users will be notified whether the inactivation/reactivation succeeded or failed via the yellow status bar at the top of the list. If ‘Inactivate’ or ‘Reactivate’ fails, users can print a Status Message Detail report to get more information around why it failed.
  • Payables Batch Entry window: The ‘Use last day of the month’ checkbox was added underneath the Frequency field in the Payables Batch Entry window. To open the Payables Batch Entry window: on the Microsoft Dynamics GP menu, point to Transactions, highlight Purchasing, and click on Batches.Microsoft Dynamics
  • Receivables Batch Entry window: The ‘Use last day of the month’ check box was added underneath the Frequency field in the Receivables Batch Entry window. To open the Receivables Batch Entry window: on the Microsoft Dynamics GP menu, point to Transactions, highlight Sales, and click on Receivables Batches.
  • Monthly and BiMonthly Recurring Batches: With the release of Microsoft Dynamics GP 2018 R2, users can specify whether a Monthly or Bi-Monthly recurring batch should end on the last day of the month in Payables, Receivables, and Inventory Management. When marked it will automatically set the posting date to the last day of the month. So, if the batch is posted the next posting date would be set to May 31. This is great because before (and without the box checked) it would default the posting date to May 30. Three windows have been changed to accommodate the new Monthly and Bi-Monthly recurring batch functionality, Receivables, Payables and Inventory batch entry.
  • E-mail POP Purchase Order Other Template from Purchase Order Entry window: The Purchase Order Entry and Purchase Order Inquiry Zoom windows will now allow for the user to choose if they want to E-mail the Blank Paper or the Other form. This can be useful if you are using different Purchase Order formats depending on the type of Vendor that the Purchase Order is being E-mailed to.

As a Microsoft Gold Certified Partner, Accountnet helps companies get up and running with Microsoft Dynamics. We don’t just install and configure the software – we train your accounting staff to use it to create the reports they need, so they can analyze data as needed. Our solutions give both technical and non-technical employees the information they need to do their jobs well — wherever they are, in whatever application they choose to use. Take the next step towards growth with Microsoft Dynamics 365, GP and SL in the cloud or on your servers—the choice is yours. Contact us at Accountnet to learn more. Call 212-DYNAMICS or 212-244-9009.

How can Microsoft Dynamics GP enable a better data platform?


All organizations, no matter their size, need to understand what’s going on with their business data in order to get an accurate picture of how the company is performing. The reporting features you get from Microsoft Dynamics aren’t just for large enterprises – they are tools that allow employees of any size business to connect with each other and to the information they need to be the most effective at their jobs.

When you have good reporting tools, each user is empowered with the ability to gain a clearer picture of data that is relevant to their respective role, presented through insightful, easy-to-use dashboards and reports. Business intelligence turns information into action through data gathering, analysis and monitoring, plus forecasting that can help identify opportunities, minimize risk, and improve management and operations. You can view in real time what’s going on in the organization via Microsoft Dynamics, whereas you can recognize available trends, financial data and more: (more…)

How does Microsoft Dynamics’ reporting of data offer accountability today?


Dynamics GP is a complete solution for small to medium sized businesses. Dynamics GP helps you gain control over your primary business drivers. From financials to reporting and eBanking, Dynamics brings people and systems together to support your business ambitions. Dynamics GP or Dynamics SL can provide you the power to choose how you want to utilize cloud technologies.

You can deploy in the Microsoft cloud on Microsoft Azure in either a public or private setting. If you aren’t ready to fully go to the cloud you can do a hybrid. This flexibility gives you choices now and into the future. Azure gives you the flexibility and enterprise-class security, reliability and scalability

Whether you are considering purchasing any Dynamics Products with new functionality, this guide provides an overview of the product modules available grouped by the function.

Power BI reports can be added to home pages — a new web part has been added to Home Pages that allow users to easily add Power BI Reports to your work-space. To display a report, check the Power BI box, and then click the blue arrow to go into the Power BI Details window. This window will show you the available reports that you can add to your Home Page. Once you’ve added reports -you will have a Power BI section added to the home page. You can scroll through the available reports or you can expand the size of the window to be larger or smaller as needed.

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How can Microsoft Dynamics deliver more in 2019 to your organization members?


Dynamics GP is a complete solution for businesses of today. Dynamics GP helps you gain control over your primary business drivers. From financials to reporting and E-Banking, Dynamics brings people and systems together to support your business ambitions.

By bringing together business applications and familiar productivity tools, Microsoft Dynamics in the cloud can now offer the insights you need to better understand your customers and drive your success.

Intelligence as an advantage. Everything around us is measured, effectively making every business now a data-driven one. How can that be used to your advantage? Intelligent business solutions combine people, data, systems, and processes for a real-time view of what’s going on. Watching these data shifts can lead to more successful decision making, such as in which areas of your business you should invest in technology. This can be achieved with business analytics, like Power BI and Management Reporter.

Clear view of business performance. Implemented by Accountnet to meet your needs, Microsoft Dynamics GP brings together feature rich accounting power and insights to give you a holistic view of the data that makes up your business decisions. With this Special Financial Reporting, you can take that 360-degree view and identify time and cost savings, areas for performance boosts, and manual processes that can be automated for efficiency.

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How can Microsoft Dynamics enable better Financial Reporting in 2019?


We hear about more and more organizations planning to automate or migrate old reports to the new Financial Report Writer. “Better enablement with visibility” is the number one need identified by business people when it comes to how they get and use information. Visibility means getting the right information into the hands of the right people at the right time. The right information is relevant and accurate. The right people are those who know what to do next. The right time is whenever they need it. That’s the process of enablement.

Workflow automation helps you streamline key tasks and boost operational efficiencies while freeing your people to pursue their core competencies. Intuitive customization and seamless integration with your existing IT infrastructure help reduce total cost of ownership (TCO) and can extend the value of your IT investments. Microsoft Dynamics works the way you do.

Dynamics GP supports your core business needs with comprehensive built-in capabilities that are easy to report on, even with unlimited companies. You can be confident that BI 360 or Management Reporter is used for the creation, distribution and analysis of financial statements. Microsoft Dynamics pricing is not charged by the company, pricing is calculated by your user count.

Microsoft Dynamics makes it easy by collecting the data from every source, external and on-premises, and giving you tools to quickly analyze and explore your insights. Microsoft offers you solutions to manage complexity and drive business agility by connecting departments easily. By choosing a Microsoft Dynamics, you have options to deploy your resources using Office 365 via cloud technology — or can enable Dynamics 365 in Azure or enable a private Cloud — to give you the scalability to accelerate business transformation and spending transparency needed to run an automated, modern, responsive business.

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How Can Microsoft Dynamics GP’s Vendor Invoice Module Solve Problems in 2019?


More and more organizations are looking for an easier way to do vendor invoice approval. The person able to authorize payment and signify his or her approval of a supplier invoice still requires an additional check signer. If the check exceeds a certain amount, a second check signer is required. This control supposedly gives multiple senior-level people the chance to stop a payment. In reality, it is more likely to only introduce another step into the payment process without really strengthening the control environment.

The term “accounts payable automation” or “AP automation” is used to describe the ongoing effort of many companies to streamline the business process of their accounts payable departments. The accounts payable department’s main responsibility is to process and review transactions between the company and its suppliers. In other words, it is the accounts payable department’s job to make sure all outstanding invoices from suppliers are approved, processed, and paid. Processing an invoice includes recording important data from the invoice and inputting it into the company’s financial, or accounting, system. After these tasks are accomplished, the invoice must go through the company’s business process to be paid.

This process is straightforward but can become very cumbersome, especially if the company has a very large number of invoices. This problem is compounded when invoices that require processing are on paper. This can lead to lost invoices, human error during data entry, and invoice duplication. These and other problems lead to a high cost-per-invoice metric. The goal of automating the accounts payable department is to streamline this invoicing process, eliminate potential human error, and lower the cost per invoice. Some of the most common AP automation solutions include e-invoicing, scanning and workflow, online tracking, reporting capabilities, electronic invoice user interfaces, supplier networks, payment services, and cost analytics for all invoices.

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