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

Inquiries


There are a number of standard inquiries available in Dynamics GP, which can be used to inquire upon budget data. As with all inquiries in Dynamics GP, the ones available for budgets inquire upon a single piece of data.

Budget Summary Inquiry

The Budget Summary Inquiry provides a quick and easy-to-use view to see the budget value assigned to an account.

To use the Budget Summary Inquiry, follow the given steps:

  1. Open the Budget Summary Inquiry window in Dynamics GP by clicking on Financial from the Navigation Pane on the left, and clicking on Budget Summary in the area page under Inquiry | Financial.

  2. Enter 000-1100-00 in the Account field to load the account we have used in previous examples.

  3. Enter 2017 MASTER in the Budget ID field.

  4. By default, this inquiry shows the net change of the budget, but can be changed to show the period balances, as shown in the following screenshot, by clicking on the Period Balances option under Display.

  5. Click on Clear and then close the window.

The Budget...