Microsoft Dynamics GP Debits or Credits

When entering account transaction data in Dynamics GP, the system tries to be helpful and puts the cursor in the debit or credit column based on the debit/credit setting in account setup. This is great until you want to debit an account with a default credit balance and vice versa.

Avoiding the Tax Consequences of Foreclosures and Repossessions

In the current economic downturn, more taxpayers are going through foreclosures or having property repossessed when they can’t pay debts secured by property.  The last thing these people want to think about is taxes, but things could be worse…

In Taxation of abandonments, foreclosures and repossessions, posted on The Journal of Accountancy this month, Curtis Webley explains the options facing personal and business foreclosure scenarios, of which there are many.

How Microsoft Dynamics – GP calculates Average Days To Pay

You may have wondered how Microsoft Dynamics GP calculates the Avg. Days on the Customer Payment Summary Screen. Read further to find out how that number is calculated.

How Microsoft Dynamics – GP calculates Average Days To Pay

After a customer has paid his or her first invoice, the average days to pay (ADTP) is calculated based on the number of invoices a customer has, the time taken to pay the first invoice, and the time taken to pay the most recent invoice.

Take Ownership to Ensure ERP Project Success

When you place an order for new materials or hire a new employee, you know exactly how those resources are going to be used in your business. Surprisingly, that’s not always the case when an organization considers implementing a new ERP system. Management teams that count on outside vendors to suggest ERP solutions without first defining a very clear set of expected outcomes are destined for trouble.

Three Crucial Requirements in Making the Move to ERP

As your business grows, there comes a time when you might decide to leave QuickBooks or spreadsheets behind and implement an Enterprise Resource Planning (ERP) system that will take you to a new level of business sophistication. Better than just an accounting system, an ERP system can significantly improve the productivity of your employees.

Three Ways Dynamics Beats Sage Hands Down

Growing companies using Sage MAS 90 often struggle to scale, but some are finding a better solution. Microsoft Dynamics GP delivers more functionality than Sage MAS 90 straight out of the box, including workflow automation, integration, and reporting—and costs the same as making changes to Sage MAS 90.

That was certainly what one distributor of networking solutions found.