Microsoft Dynamics GP - Financial Management

SAFE PAY
Easily add Positive Pay functionality, including daily exporting of checks for comparison by the bank when checks are presented for payment.

LOCKBOX PROCESSING
Automatically import and apply customer payment information from a lockbox transaction file provided by your financial institution. Lockbox Processing provides reliable receivables information, improved funds availability, and greater fraud protection.

REFUND CHECKS
Print refund checks for customers with credit balances, automatically debiting the customer and updating the ledger.

CASHBOOK BANK MANAGEMENT
Attach unlimited checkbooks to your bank, make bank transfers, enter General Ledger, Receivables Management, and Payables Management transactions, post batches, and build deposits for your bank transactions. You can also import your bank statements into Microsoft Dynamics GP, and reconcile transactions at any time.
ELECTRONIC BANK MANAGEMENT
Streamline setup, entry, maintenance, and reconciliation for all transactions that appear on your bank statement—including payments to creditors, cash receipts from debtors, and bank charges..
ELECTRONIC BANKING SUITE
Gives you the ability to integrate with your checkbooks electronically and includes ERM (Electronic Funds Transfer for Receivables Management), EBR (Electronic Bank Reconciliation) and EPM (Electronic Funds Transfer for Payables Management).
ELECTRONIC RECONCILIATION MANAGEMENT
Take advantage of integration with Bank Reconciliation to automate electronic reconciliation and management for transactions, adjustments, and exceptions, using tools that work with any bank that supports automatic reconciliation.

MULTICURRENCY MANAGEMENT
Take control of multinational operations and manage currency transactions smoothly and efficiently with flexible, powerful multicurrency capabilities such as easy reevaluation

NATIONAL ACCOUNTS
National Accounts provides the ability to define a national account relationship between multiple customers. It enables a customer to be defined as the “parent” account to which “child” customers may be added. This allows a payment received from the parent company to be applied across any of the child customers’ payments. Credit documents can also be applied from the child customer to any other member of the national account.
INTERCOMPANY
Set up and maintain relationships so that revenues or expenses incurred in one company can be tracked as “due to” or “due from” amounts in other companies. View distributions of intercompany transactions from other companies. Void the whole intercompany transaction, including destination company distributions, from the originating company.
REVENUE/EXPENSE DEFERRALS
Simplify deferring revenues or distributing expenses with the ability to make entries for future periods within General Ledger, Receivables Management, Payables Management, Sales Order Processing, Purchase Order Processing, and Invoicing.

To lower costs, many companies today are focused on getting more done in less time. Microsoft Dynamics GP can help you accomplish this. It provides a rich and flexible set of integrated financial management tools that can help you automate and streamline processes.

 

FOUR FANTASTIC BENEFITS

of managing your finances with Microsoft Dynamics GP:

  •  Provides comprehensive, flexible financial management functionality to meet your unique business needs
  •  Reduces costs and streamlines operations with automated functionality
  •  Helps improve control and security over your financial management
  •  Connects people and processes, to increase efficiency and extend insight

ACCOUNT LEVEL SECURITY Enhance security features and account views by allowing users to enter, edit, and view information from a reduced account set, based on the access granted for General Ledger accounts on a per-user basis.

ANALYTICAL ACCOUNTING
Analyze financial data by whatever criteria you require for greater reporting flexibility and extensibility. Track financial data by different dimensions, such as region or profit center, without adding to your chart of accounts.

BUDGETING Track multiple budgets for multiple fiscal years in multiple currencies and General Ledger Accounts. Easily update and maintain budgets by leveraging Microsoft Excel to import and export. Also, get insight into your business by reporting budget verses actual by year, quarter or month. Keep an audit trail of who modifies a budget and when to maintain control over your business.

CASH FLOW MANAGEMENT
Customizable views and forecasting tools enable you to control, predict, and monitor inflows and outflows that track a company’s liquidity over time. A calendar gives people the insight into your inflows and outflows in an easy to understand format.
CUSTOMER/VENDOR CONSOLIDATIONS
Quickly transfer information between Receivables Management and Payables Management to create a customer record that uses information already available in a vendor record, and vice versa, giving a consolidated view of the vendor and customer relationships. Also easily combine customer accounts or vendor accounts.
ENCUMBRANCE MANAGEMENT
Locate and track budget information, query current or historical encumbrances, and streamline period-end and year-end reporting processes. Control your purchasing process with limited purchases through encumbrance posting.
FIXED ASSET MANAGEMENT
Improve financial control and put company assets such as buildings, machinery and equipment to the best possible use with tools for tracking, analyzing, and manipulating fixed assets. For each asset you can track and deprecate by calendar or fiscal year with several methods including MACRS and many others. Track depreciation for tax liabilities for the most common tax books. Analyze and track assets historically to better manage your assets.
GENERAL LEDGER
Maintain all of your financial journal entries and budgets with a double-entry accounting ledger that supports up to 999 periods. Also after years of using Microsoft Dynamics GP you can purge historical data. Track non-financial data like unit accounts at the general ledger level. Transfer account balances based on a variable account by percent or unit giving more flexibility to your general ledger. Easily copy and paste data from excel or text into general ledger.
GRANT MANAGEMENT
Not-for-profit and public sector organizations can automate grant management processes to track funds more easily, demonstrate accountability, and help attract future funding. Utilize grant management controls to prevent overspending.