Book Image

Microsoft Dynamics GP 2010 Implementation

By : Victoria Yudin
Book Image

Microsoft Dynamics GP 2010 Implementation

By: Victoria Yudin

Overview of this book

Microsoft Dynamics GP 2010 is a sophisticated Enterprise Resource Planning application with a multitude of features and options. The implementation of Dynamics GP is usually considered to be complex, and can be very confusing for users and consultants. This step-by-step guide will show you how to effectively implement Dynamics GP 2010 with ease.This focused, step-by-step tutorial covers the basics of Microsoft Dynamics GP, from licensing, to design, before moving on to more complex topics such as implementation and setup. You will learn how to install and configure Microsoft Dynamics GP 2010 from start to finish.This book will enable you to master the implementation of Microsoft Dynamics 2010 effectively. This book starts with how to plan and complete a successful Microsoft Dynamics GP 2010 implementation. You will then move on to learning who should be on the implementation team, what important questions should be asked and how to plan your infrastructure for Dynamics GP 2010. Detailed descriptions of all the setup options for the core Dynamics GP modules as well as practical advice on setup will help guide you through the myriad of options available in this powerful application. As you reach the end of the book you will learn how to import your initial data with illustrations and practical examples.
Table of Contents (18 chapters)
Microsoft Dynamics GP 2010 Implementation
About the Author
About the Reviewer
General Ledger Account Categories
Microsoft Professional Services: Additional Tools Available

Fiscal periods and years

Dynamics GP allows an unlimited number of historical and open fiscal years.


Dynamics GP manuals and online help state that you can only post transactions to two open years. This is not the case—you can post transactions to any and all open years you have in Dynamics GP.

The following are guidelines for fiscal years and periods in Dynamics GP:

  • Each fiscal year can have up to 367 fiscal periods.

  • Fiscal years cannot overlap.

  • Each fiscal period within a fiscal year can have a different length.

  • Fiscal year names can only be a four digit year number.

  • Up to three periods can have the same starting date. This is sometimes, although rarely, used for adjustment periods and is typically not recommended. Best practice is to not have overlapping fiscal periods.

  • You can make changes to fiscal periods after they have been set up.

  • You can only post transactions to the last historical (closed) fiscal year. For example, if 2007 and 2008 are closed you can still post to 2008, but you cannot...