VIDEO: Microsoft Dynamics GP Demo

microsoft dynamics gp is an enterprise resource planning solution that provides financial management and accounting human resources and payroll supply chain management reporting and more if you're in the market for an erp system you'll want to consider microsoft dynamics gp but if you want to find a solution fast use our product selection tool to get a free short list of erp software recommendations click the link in the description to get started microsoft dynamics gp has a flexible general ledger that lets you maintain your books with a double entry accounting system you can transfer account balances by percent perform enter company transactions and copy and paste data from excel directly to the general ledger tracking non-financial data at the general ledger level is possible and searching through journal entries is easy the financial and accounting module is among the strongest modules in the erp suite with a rich set of features it offers budgeting that allows you to track multiple budgets in multiple fiscal years cash flow management is easier to control predict and monitor with custom views and forecasting tools other features include payables and receivables management fixed asset management multi-currency management analytical accounting and customer and vendor consolidation with microsoft dynamics gp you get an inventory control tool that helps you monitor stock levels and costs it provides multiple costing methods lets you enter tiered pricing and add alternative suppliers you can track assets by serial numbers and lot numbers and use tracking codes for transfers and cycle counts for more accurate inventory other core features include bill of materials a purchase order generator purchase order processing and receiving requisition management and sales order processing you can extend the module with advanced tools like available to promise which uses purchasing inventory and sales data to predict when inventory will be available to sell it also has advanced picking that tailors picking routines and returns management that generates returns based on invoices service calls or manual returns the module also has special tools like manufacturing order processing and materials requirement planning which is especially useful for manufacturing companies another impressive module of microsoft dynamics gp is its hr and payroll module you can manage employees with a great amount of information that can be entered in the system it also provides you tools to attract and hire the best candidates with custom processes scheduling and performance evaluation tools other features include automated payroll processing payroll through an automated clearinghouse self-service employee profile updates and position control to manage labor budget and staff movement across the organization benefits management is a custom tool that you can add to the hr module an advanced tool for hr lets you track the well-being of employees and ensures government compliance another advanced tool is for payroll which extends the capabilities of core features with tools like pay policy manager labor accrual manager and advanced labor reporting there are many pros of microsoft dynamics gp let's look at two of them one major pro of dynamics gp is that the bank reconciliation tools are easy to use you can create and manage reconciliations from your checkbook ledger to your bank's account of records automatically with a single action dynamics gp also has other cash book bank management and electronic banking tools to automate and reconcile transactions this erp solution comes with hundreds of built-in excel reports the report builder lets you connect directly to the data source and you can refresh it to show the latest data over the network or through a sharepoint connection ready to use dashboards are accessible through power bi desktop or you can create and share your own executive dashboards using an app available in the office 365 store as an erp system microsoft dynamics gp is inherently complex but some users report a higher than expected learning curve for the software the user interface isn't as clean as it could be making some tasks seem more difficult than they need to be plus integrating the erp with other systems and apps is somewhat technical and might require a paid consultant still not sure if microsoft dynamics gp is right for you use our product selection tool to get a free list of the best erp software recommendations for you click the button on the left to get started you

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