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

Creating transaction dimensions and dimension codes


Analysis information is entered via transaction dimensions. In this recipe we will take a look at the types of transaction dimensions that can be created.

There are four types of transaction dimensions that can be created: alphanumeric, numeric, yes/no, and date. An unlimited number of each type of transaction dimension can be created, with alphanumeric ones having codes created and attached.

To create an alphanumeric transaction dimension, perform the following steps:

  1. Open the Transaction Dimension Maintenance window in DynamicsGP by selecting Financial from the navigation pane on the left, and then clicking on Transaction Dimension in the area page under Cards | Financial | Analytical Accounting.

  2. Enter MARKETING in the Trx Dimension field.

  3. Enter Marketing Channels in Description 1.

  4. Leave Create New Codes On The Fly checked to allow users to create new transaction dimension codes, when entering transactions.

  5. Mark the Consolidate balances during Year End close checkbox to transfer analytical data to history during the year-end close.

  6. Click on the Codes button in the bottom-right corner.

  7. When prompted to save changes, click on Save.

  8. Enter ONLINEADS in the Trx Dimension Code field.

  9. Enter Online Adverts in the Description 1 field.

  10. Click on the lookup button next to the Linked to Node field.

  11. Ensure that Marketing Channels is selected, and click on Select.

  12. Click on Save.

  13. Repeat steps 7 to 11 to create transaction dimension codes for TWITTER, FACEBOOK, and GOOGLE+.

  14. Click on Save, and close the Transaction Dimension Code Maintenance window.

  15. Click on Save, and close the Transaction Dimension Maintenance window.

    Note

    Only alphanumeric transaction dimensions can have transaction dimension codes created for them.

    Only numeric transaction dimensions can have the number of decimal places, and a U of M Schedule ID can be specified.