Microsoft Dynamics GP is an Enterprise Resource Planning system from Microsoft. It is used throughout the world by organizations in many different sectors due to its renowned strengths in financial management. These strengths extend beyond the standard finance modules of the General Ledger, Fixed Asset Management, and the Accounts Payables and Receivables to include a number of modules, which add additional finance management capabilities to the core system.
These modules include Analytical Accounting (which allows for analysis of transactions below the account level), Cash Flow Management, and budgeting, as well as methods of controlling spending through purchase commitments or encumbering. This book introduces these modules and shows you how they can be used to improve financial management and reporting.
Chapter 1, Analytical Accounting, introduces the Analytical Accounting module and how to configure, use, and report on transactions compared to budget values.
Chapter 2, Cash Flow Management, covers using the setup of a cash flow forecast and how to use the Cash Flow Calendar and Cash Flow Explorer to track in-flows/out-flows of cash.
Chapter 3, Budget Creation and Maintenance, shows how budgets can be created, combined, and maintained in Microsoft Excel.
Chapter 4, Budget Reporting, looks at the methods for inquiring and reporting on budgets in Dynamics GP, including the use of Management Reporter 2012.
Chapter 5, Purchase Order Commitments, shows how Purchase Order Commitments can be used to control expenditure.
Chapter 6, Encumbrance Management, shows how encumbering transactions can be used to reduce over spending and keep funds available when payment becomes due.
You will require the following software for this book:
Microsoft Dynamics GP 2013 with the Fabrikam, Inc. sample company deployed
Management Reporter 2012 RU6 with the Fabrikam, Inc. sample company imported
SQL Server 2012 (or SQL Server 2008 R2)
Microsoft Office 2013 (or Microsoft Office 2010)
Windows Server 2012 (or Windows Server 2008 R2) with a Domain Controller available
This book is for Dynamics GP users who are looking to improve their own financial management, or Microsoft Dynamics GP partners who are looking to improve the support of their clients. This book assumes that you have a basic understanding of business management systems and a working knowledge of the core Microsoft Dynamics GP financial and purchasing series.
In this book, you will find a number of styles of text that distinguish between different kinds of information. Here are some examples of these styles, and an explanation of their meaning.
Code words in text are shown as follows: "Log on to Microsoft Dynamics GP using the sa or dynsa user accounts".
New terms and important words are shown in bold. Words that you see on the screen, in menus or dialog boxes for example, appear in the text like this: "Click on OK or Save, and close the Posting Setup window".
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