Jan. 14 Webinar: Year-End Closing in Dynamics GP

Tridea Partners will move you forward with year-end closing in Microsoft Dynamics GP. On Thursday, January 14th, our customized overview will give you a great head start to understanding the proper steps for year-end closing in Dynamics GP. We will focus on the top three modules: A/R, A/P and GL. We’ll also discuss running specific reports to ensure accurate year-end close in Dynamics GP.

Presenters: Jennifer Cook – Tridea Partners

Event Details: January 14, 2016 at 10:00 AM PST

This is one of our most popular webinars. Don’t miss it!

register here

Microsoft Dynamics GP 2015 R2 – General Availability

Microsoft Dynamics GP 2015 R2 is now generally available, offering key updates and functionality focused on improved ease of use, faster deployment, and deeper interoperability with Microsoft Azure.

Updates include:

Many customer-requested features such as:

  • ​An all-in-one document viewer that displays all purchasing documents for a specific vendor on a single form.
  • SmartList Designer enhancements to simplify the creation of SmartLists and Microsoft Excel reports.
  • Visual indicators to identify customers that have exceeded their credit limit.

Additional native workflows to manage Accounts Payable Transactions.

Simplified Microsoft Azure deployment with new scripts and utilities to help Microsoft Dynamics partners automate provisioning of Microsoft Dynamics GP instances on Microsoft Azure.

Trying to decide whether it’s time to upgrade? Download Top Reasons to Upgrade to Microsoft Dynamics GP 2015 R2

Download (PDF, 291KB)

This article was written by Sandra Knight, Senior Sales Consultant for Tridea Partners. Tridea is a leading Microsoft Dynamics provider.

 

What is IaaS?

Infrastructure as a Service

Imagine owning a luxury car with free maintenance and low monthly payments. That’s Infrastructure as a Service (IaaS) in a nutshell when it comes to Enterprise computing. Organization can now enjoy the benefits of utilizing state of the art computing resource in a virtual environment.

The cost savings Organizations benefit from include power, cooling and maintenance in addition to other tangible savings. Small and medium size businesses can scale their infrastructure in accordance with their growth and business needs with cloud IaaS.

Business and consumer are relieved from the physical infrastructure responsibilities that are associated with owning and maintaining computing hardware.

With IaaS you rent cloud infrastructure- servers, storage and networking based on your needs and a variety of different payment options are available.

Imagine moving or relocating offices without system downtime, which can cost a business thousands of dollars in potential business and revenue.

Hosted Microsoft Dynamics AX, Dynamics GP and Dynamics CRM are great candidates for IaaS.

Manage your accounting, finance and operations with Microsoft Dynamics combined with a hosted IaaS platform can transform your business to achieve measurable results.

A recent survey of small and midsize businesses found that companies are looking to technology to provide and seek a competitive advantage. More than half of the companies admitted that technology is critical to their company’s future.

Create a competitive edge with IaaS and Microsoft Dynamics …. Do more, grow faster.

This article was written by Osei Owusu, Technical Consultant for  Tridea Partners. Tridea is a leading Microsoft Dynamics provider. www.trideapartners.com

Dynamics GP: FRx Migration to Management Reporter

In Microsoft Dynamics GP,  FRx has a Management Reporter (MR) migration wizard that will bring over reports into the new Management Reporter system. With a FRx migration, formatting usually comes over clean, but there are other differences between how this data is shown within the Row and Tree formats that may need some manual intervention.

In FRx, only the account number were referenced in the Financial Dimension link column within the row format.

FRx example:

15000

FRx ranges were indicated as follows:

(11511 TO 11599)

In MR, they reference the account segment name as well. When indicating a range, TO is no longer used.

MR example:

+Main Account = [15000]

MR ranges are indicated as follows:

+Main Account = [11511:11599]

The best way to quickly update these, is to copy the entire Financial Dimension column into Excel. First, do a find and replace for parenthesis and replace with brackets. Find ‘(‘ and replace with ‘[‘. Find ‘)’ and replace with ‘]’. Next, add a column for the plus (+) or negative (–) sign, the account segment name and the equal sign (=). Add the closing bracket in a separate column and then concatenate all three columns together to form what is shown in the examples above.

HINT: When entering ‘+Main Account = ‘ in Excel – it will give you an error because it thinks it is a calculation. Enter an apostrophe (‘) prior to the plus sign and it will recognize it as text.

This will get you most of the way there! Unfortunately there can still be some issues with the codes used in the Format Code column. In addition to replacing the TO with a colon as shown above, we often times need to update the TOT code as well. TOT was used a lot in FRx, but if we are adding two totals together in MR, we need to use the CAL format code and update the row references to include an ampersand (@) prior to the number.

FRx example:

TOT                       520 TO 820

TOT                       1480 + 1690

MR example:

TOT                       520:820

TOT                       @1480+@1690

Hope this helps everyone update their MR reports! If you need help updating MR reports, Tridea Partners would be happy to help! Our team has decades of experience in Dynamics GP!

This article was written by Kaydee Baker, Dynamics GP Application Consultant for Tridea Partners. Tridea is a leading Microsoft Dynamics provider serving CA, AZ, UT, CO, New England and surrounding regions.

 

Focus on Your Company’s Future, Let Dynamics GP Focus on Accounting Tasks

How can Microsoft Dynamics GP help you spend less time focusing on individual accounting tasks, and more time focusing on your company’s growth and future planning?  Dynamics GP can help you automate some processes, minimizing data entry error and allowing expenses to be effectively tracked and reported.

Here are a few items in Dynamics GP which can assist with efficiency and accuracy.

  1. Setup Control Account Management. This feature allows the company to determine which account segment to use for analyzing payables or receivables information.
  2. Assigning Accounts in Vendor and Customer Cards.  In customer and vendor cards, there is an option to enter in GL accounts and payment terms.  This enables GP to automatically populate distributions resulting in more accurate reporting and reduced processing time.
  3. Establish Variable Allocation Costs and Fixed Allocation Costs.  Variable Allocation and Fixed Allocation costs can reduce data entry errors and improve expense reporting. Costs can be distributed based on unit accounts such as square footage or number of employees.
  4. Workflow. GP’s workflow feature can establish approval settings for items such as purchase orders and batches.  A company may have multiple approvers, or may have approval settings based on amounts.

To learn more about these features, reach out to Tridea Partners and let us help you improve your business processes so you can focus on your company’s business strategy!

This article was written by Teresa Cortez, Dynamics GP Application Consultant for Tridea Partners. Tridea is a leading Microsoft Dynamics provider. www.trideapartners.com