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

Budget vs Actual & Committed Inquiry


Dynamics GP does not include many inquiries and has no reports for reporting on PO Commitments. The one inquiry it does have is actually quite a useful one. The Budget vs Actual & Committed Inquiry allows committed (unreceived POs) and actual (received POs) to be compared against budget values.

To use the Budget vs Actual & Committed inquiry, perform the following steps:

  1. Open the Budget vs Actual & Committed Inquiry window in Dynamics GP by selecting Budget vs Actual & Committed from the Navigation Pane on the left, and then clicking on Assignment in the area page under Inquiry.

  2. Enter 100-6170-00 in the Account field.

  3. The Master 2017 budget will default into the Budget ID field.

  4. After selecting a period, clicking on the Actual column heading will launch the standard Detail Inquiry window. Click on the Committed heading to launch the Committed Detail Inquiry window, which shows details of the transaction and allows you to drill down to...