Book Image

Microsoft Dynamics GP 2013 Financial Management

By : Ian Grieve
Book Image

Microsoft Dynamics GP 2013 Financial Management

By: Ian Grieve

Overview of this book

Microsoft Dynamics GP 2013 is a mature accounting software, ERP application, which is aimed at making life easier for financial professionals. This book is to assist readers in improving their use of Microsoft Dynamics GP by showing them how to get the most out of the financial aspect of the system. Microsoft Dynamics GP 2013 Financial Management is intended to add value to your organization by making use of additional modules and processes by introducing readers, new or experienced, to some of the financial management modules of Dynamics GP, such as Analytical Accounting, Cash Flow Management, and Encumbrance Management. Microsoft Dynamics GP 2013 Financial Management introduces the six essential financial modules. You will get acquainted with accounting to enable reporting, before gaining an oversight into inflow and outflow of cash. Budget studies cover all aspects of budget use in Dynamics GP for comparing actual figures against the budgets created and maintained within the system. The final chapters cover PO Commitments and Encumbrance Management; two sides of the same coin. Both modules allow for the control of purchasing by either committing or encumbering the transactions and preventing overspending.
Table of Contents (14 chapters)
Microsoft Dynamics GP 2013 Financial Management
Credits
About the Author
Acknowledgement
About the Reviewers
www.PacktPub.com
Preface
Index

Enabling PO Commitments


Before Purchase Order Commitments can be used, the function in Purchase Order Enhancements needs to be enabled.

To enable Purchase Order Commitments, follow these steps:

  1. Open the PO Enhancements Setup window in Dynamics GP by selecting Financial from the Navigation Pane on the left, and then clicking on Purchase Order Enhancements in the area page under Setup.

  2. Mark the Activate Commitments checkbox.

  3. Click the Commitment Setup button to open the PO Commitments Setup window.

  4. Change the Authorization Type to Period.

  5. In the scrolling window, scroll down to 2017 and enter 2017 MASTER into the Budget ID field.

  6. Mark the Authorization Variance checkbox to enable variances.

  7. Click on the Percent option and enter 5.00% in the next field.

  8. Click on OK to accept the changes.

  9. Click on OK on the Changes have been made to PO Commitments Setup. Any active users must log in again to inherit these changes. message.

  10. Click on OK on the A fiscal year or period within a fiscal year isn't assigned...