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 2. Cash Flow Management

Cash Flow Management can be used to keep a track of cash flow within Microsoft Dynamics GP and also to forecast cash flow based on one or more checkbook balances with or without work/adjustment transactions such as deposits, payments, or reconciliation adjustments that are not part of the checkbook balances.

Cash Flow Management can be used to complete the following tasks:

  • Create an unlimited number of different cash flow forecasts

  • Create scenarios without recording transactions

  • Summarize daily inflows and outflows of cash in the Cash Flow Calendar

  • View the summary of any given day's cash inflow and outflow

  • Run summary or detailed reports on weekly and monthly cash flow

Cash Flow Management is installed automatically with Microsoft Dynamics GP and is licensed as a part of the starter pack, and so is available to all users.