Checking your books before making an important financial decision is a good business practice. When doing so, it’s important to ask if your profit margin is OK and if you can afford to take on the proposed project.
Microsoft Dynamics GP 2013 SP2 is full of new features that further complement already excellent ERP software. The Dynamics GP 2013 Web Client and desktop versions were both updated in order to help users be more productive and flexible with where and how they want to work.
Managing business growth effectively can be very time-consuming. Growth sounds like a good problem to have, but it comes with its own set of challenges. Adding employees, suppliers and vendors, and a growing list of customers can potentially overwhelm your accounting software, but here’s the trick; it doesn’t have to.
The word “surprise” is generally a word to avoid when it comes to your business’s accounting books. But many basic accounting software programs, QuickBooks included, allow any user to log in and edit data without restriction or an audit trail.
When you’re manually combining cross-department or multiple business units’ financial reports to figure out cash flow, budget and forecasting projections, and profitability, you’ve outgrown QuickBooks.
One of the great things about Fixed Assets in Dynamics GP is that it allows you to distribute expenses over the course of an entire year. In this way, the cost is not incurred or reflected in one general ledger period which would result in a wildly fluctuating high/low company expense scenario.
In life and work it’s hard to leave the one you love so there has to be a convincing reason if someone suggests you do. But if you choose Fixed Assets in Microsoft Dynamics GP over Excel to keep track of things such as acquired, depreciated, or retired assets, you’re making the right choice.