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

Chapter 1. Analytical Accounting

Analytical Accounting is an add-on module to Microsoft Dynamics GP, which allows the extension of analysis of information beyond the segmental account. Without Analytical Accounting, additional reporting can only be accomplished by adding an additional segment to the chart of accounts. Analytical Accounting allows for this extended reporting without the need to change the chart of accounts, and also allows for the storage of information beyond monetary such as time (hours worked), space (size of room hired), or activity (such as marketing channel).

In this chapter we will take an introductory look at how to activate, configure, and enter transactions in Analytical Accounting. It is assumed that the Analytical Accounting feature has already been added to the installation of Microsoft Dynamics GP, and that GP Utilities has been run to update the databases.