Microsoft Dynamics GP

Lunch and Learn Webinars: GP2010- Top 10 Reasons to Upgrade

Top 10 Reasons to Upgrade to GP2010 

1.    Better insight:  Dashboards and KPI’s with Drill-Back
2.    Get more out of Excel:  Predictive Modeling and Analysis
3.    Work with over 90 Built-In SRS Reports
4.    Create Professional External Documents:  Word Forms
5.    Tailor Your List Pages:  Navigation List Builder
6.    Create mini-applications:  Extender
7.    Connect easier with People:  Communicator Integration
8.    Integrate Systems Better:  Web Services
9.    Leverage Other Technologies:  64 Bit, Workflow on WSF
10. Upgrades are Easy:  Proven by beta customers going live (most successful upgrade ever!)

We will be doing a series of webinars for GP2010 – please contact Christine Page should you have an interest in attending one - 312.506.3522

Or, register by clicking on the links provided with dates below:

September 15, 2010  (lunch and learn – 11:30am – 12:30pm Central Tme) 

September 29, 2010  (lunch and learn – 11:30am – 12:30 pm Central Time)

October 13, 2010  (lunch and learn – 11:30am – 12:30pm Central Time)

October 27, 2010  (lunch and learn – 11:30am – 12:30pm Central Time)

Why is a Single Accounting Software System Better?

A single software system can definitely improve process operations. Multiple ERP Solutions that aren’t integrated throughout your business cause more headache than they save. For example, manual analysis is needed if you have your financial data in one system and your inventory data in another. Somehow, you need to integrate the two in order to achieve true visibility into your business processes.

I think we can all agree that in a perfect world, one ERP solution should do everything your business needs. With a single ERP point of control, the following benefits come true:

  1. Elimination of Duplicate Entries
    All your data is located in one system which eliminates the chance of duplicate entries, contributing to data integrity. You no longer have to second guess your systems or double and triple check the manual work you’re so used to doing.
  2. Detailed Drilldown Capabilities:
    A single solution extends insight across your business with analysis capabilities that help you gain deep insight into your business performance. Because everything is connected, you’ll be able to drill down into issues and resolve them faster and with more accuracy.
  3. Quicker Adaption:
    With one solution across all departments, users are all on the same page. It’s also easier to customize your system to meet your current business needs knowing that you can easily adapt to changing demands by adding functionality, custom applications, and online business capabilities.

Microsoft Dynamics® GP simplifies your business with a single solution that connects financials, manufacturing, supply chain, sales and marketing, project management, human resources, and services information.

InterDyn LANAC Technology is a leading business consulting and development firm, specializing in Microsoft Dynamics GP, that serves mid-market organizations to provide business and information automation to help them drive increased productivity.

By InterDyn LANAC Technology, a leading Chicago, Illinois Microsoft Dynamics GP Partner

What’s New in GP2010 – Payables and Receivables Management

Payables Management

Exclude inactive vendors in Vendors lookup
You can now exclude all inactive vendor records from the Vendors lookup window.  You also can set a default view.

Exclude expired discounts from payments
You can select a Payables Management setup option to exclude expired discounts from payments when you select checks for a computer check run. If you exclude expired discounts and select a range for due date/discount date cutoffs, the discount date for vouchers is compared with the apply date entered in the Select Payables Checks window. If the apply date is after the discount date for a voucher, the voucher isn’t included.

Select multiple ranges for payables check runs
To narrow the group of vendors and documents you want to pay, you can select multiple ranges in the Select Payables Checks window. You can select a separate range for vendor IDs, vendor names, class IDs, payment priorities, voucher numbers, document numbers, due date/discount date cutoffs, and document currency. In previous releases of Microsoft Dynamics GP, you could select only one range for vendors and one range for documents to narrow the group of vendors and
vouchers to pay.

Vendor approval workflow added
You can submit vendors to a workflow approval process. The process allows multiple approvers, depending on user-defined rules, and allows users who aren’t Microsoft Dynamics GP users to approve workflows. When a vendor is ready to be approved, approvers can be notified and the vendor can be approved, using Microsoft Outlook®, Microsoft Dynamics GP, or Microsoft Internet Explorer®.

Receivables Management

Enter negative cash receipts
You can enter a negative cash receipt for the purpose of decreasing a deposit. The negative amount flows through the system in the same way as a positive cash receipt, but is shown as a deposit with a negative amount.

Enter recurring cash receipts batches
If you receive the same or similar payment amounts from your customers, you can create a recurring batch for your cash receipts to speed data entry.

Exclude inactive customers in Customers lookup
You can now exclude all inactive customer records from the Customers and Prospects lookup window. You also can set a default view.

Exclude inactive salespeople from Salespeople lookup
You can now exclude all inactive salespeople records from the Salespeople lookup window. You also can set a default view.

Set up lockboxes at payment processing centers
You can set up lockboxes at payment processing centers to automatically import cash receipts transaction files into Microsoft Dynamics GP so you don’t have to enter each of the transactions individually.

Next time:  What’s New in GP2010 – Collections Management and Electronic Banking…

What’s New in GP2010 – General Ledger

Are these what you have been asking for?

Exclude inactive accounts in Accounts lookup
You can now exclude all inactive account records from the Accounts lookup window.

Clear recurring batch amounts
You can now clear the distribution amounts for all transactions on recurring batches after you post a batch. You can navigate through the distribution lines and enter new amounts for each period.

Combine multiple General Ledger budgets into a single, master budget
You can combine multiple General Ledger budgets into a single, master budget, one budget at a time. The master budget can be completely new and have its own budget ID, or it can be one of the two original budgets. This feature is helpful when multiple departments in your organization create their own budgets, which must then be consolidated. The new Combine Budgets window simplifies this process.

Comply with International Financial Reporting Standards (IFRS) requirements
Microsoft Dynamics GP now includes features that meet compliance standards for IFRS. You can identify transactions for local GAAP, IFRS, or other accounting purposes, and you can define ledgers for each purpose. You can select one or more ledgers for financial reports and inquiries. Also, you can generate distributions automatically as part of the year-end closing or currency revaluation process.

Create budget transactions
You can now create a transaction solely against a budget. You can view a list of budget transactions, make adjustments, and then update the budget from the list.

 Next time:  What’s New in GP2010 – Payables and Receivables Management…

Be Leery of Terminology! Know the Features and Functionality of the Right Accounting Software

Every business has its own terminology. For example, many of us refer to our customers as “customers”. However, professionals tend to refer to them as “clients”, while conference organizers refer to them as “participants” or “attendees”. The list goes on.  As you would expect, products targeted towards a specific industry will use the appropriate industry specific terminology throughout their product. Products targeted towards many different types of businesses will use more generic terminology throughout their product.  This makes sense – right?

As you would expect, products targeted towards a specific industry will use the appropriate industry specific terminology throughout their product. Products targeted towards many different types of businesses will use more generic terminology throughout their product.  This makes sense – right?

The problem is that many people fall into the trap of concluding that just because a product contains their particular terminology, that it must be ideally suited for their needs. I can assure you, it takes a quantum leap jump to reach this conclusion. Avoid being lured in by a product’s industry specific terminology. Instead, look past the terminology for specific features, functionality, and modules.

The benefits of Microsoft Dynamics® GP are clear, no matter what terminology you’re familiar with:

  • Microsoft Dynamics GP’s Integration with familiar products, such as Microsoft Outlook and Microsoft Excel makes for a streamlined work flow and is a top feature of the product.
  • Microsoft Dynamics GP provides functionality to help you compare budgets, forecasts, and plans to actual performance. It also gives you the ability to update budgets and plans on the basis of new data and analyses to help your business stay competitive.
  • There are oodles of Modules within Microsoft Dynamics GP . For example, Receivables Management in Microsoft Dynamics GP helps you maintain tight control over Accounts Receivables by providing the capabilities to help you track invoices, process receipts, and analyze customer activity.

InterDyn LANAC Technology is a leading business consulting and development firm, specializing in Microsoft Dynamics GP, that serves mid-market organizations to provide business and information automation to help them drive increased productivity.

By InterDyn LANAC Technology, a leading Chicago, Illinois Microsoft Dynamics GP Partner

Workshop: GP 2010 Release and BI 360 with Solver!

Topics/Agenda

08:30—09:00—Registration and Breakfast
09:00—10:00—GP 2010 New Tips and Tricks
10:00—10:40—Solver—Introducing the ultimate reporting, budgeting and dashboard tool – BI 360!
10:40—10:50—Break
10:50—11:50—Administering and Personalizing GP 2010
11:50—12:00— Q & A

Take a look at the highly anticipated Microsoft Dynamics GP 2010!

Explore an assortment of tools with us that can be used to gather pertinent information surrounding a Microsoft Dynamics GP question and managing your data!

  • GP 2010 – New Tips & Tricks
  • Troubleshooting Techniques
  • Tools to help you administer Dynamics GP quicker & easier

Solver— BI 360 is a full Microsoft Excel-based business intelligence (BI) suite for Microsoft Dynamics that will allow your organizations personnel to make better business decisions and drive success.   BI360 makes it possible for you to design all kinds of reports and exactly the way you want them.

Register at: http://msgp2010release.eventbrite.com/

 Or call Christine Page:  312-506-3522 (e) info@lanactech.com

Laundry List Day is Back by Popular Demand for a Limited Time Only!

Due to the overwhelming response to Laundry List Day in the fall of 2009, we have decided to bring it back!  Laundry List Day is a program designed for you to address any unresolved issues with your Microsoft Dynamics GP system.

The Laundry List Day can be secured for a one-time, pre-paid fixed fee of $600.00.

Common issues can be consolidated for a day of consulting services (6 hours).  Simply advise your areas of interest and we’ll allign the appropriate consultant for an onsite visit.  If you’re interested in services not listed, we are happy to customize to fit your specific needs.

Some of the issues we have resolved in the past:

  • Work flow improvements for daily operations (Business Process Improvement)
  • Setting up SmartList queries/reminders/alerts
  • Report Writing
  • Advanced Financial Analysis
  • Navigation – shortcuts
  • Refresher training (GL, AP, AR)
  • Running Standard Reports and Inquiries
  • Removing Unused Reports in the Posting Set-up
  • FRx Tips and Tricks
  • Reconciling Fixed Assets to GL
  • Learning Customer Source
  • Preparing Month-End and Year-End Procedures
  • Using Named Printers

Please note:  If you are a customer of InterDyn LANAC you must be in good standing, this does not include projects already started, cannot be combined with any other offers and does not include travel time.  hours must be booked by June 17, 2010.

To find out about Laundry List Day, please contact Malissa Salzinger at 312.506.3520 (e) malissa@lanactech.com or Lisa Miller at 312.506.3533 (e) lisa@lanactech.com

What is DCO?

Microsoft Dynamics Client for Office, or “DCO”, is a light user for employees in a customer’s Dynamics environment. It contains a right to access the Dynamics database directly, and a variety of product specific capabilities that make it useful to most employees in an organization.

Among the new capabilities delivered to customers via the DCO are:

       Management Reporter Viewer

       Microsoft SharePoint Foundation (formerly Microsoft Windows SharePoint Services)

  • 3 new workflows
  • 83 new web services
  • Search

       Business Intelligence

  • Executive centers & dashboards
  • 11 new Excel reports
  • 20 new SRS reports
  • 20 business intelligence features
  • 119 new charts and key performance indicators (KPIs)
  • Analysis cubes
  • Analysis cubes library

       Business portal user capabilities

  • Order management
  • Requisition management
  • Field service suite
  • Human Resources self service suite
  • Project time and expense

       Microsoft Dynamics GP system database access rights  for users

DCO is available for both Business Ready Licensing Editions – Advanced Management and Business Essentials. Availability for BE is new as of Dynamics GP 2010.  DCO is not available on Module Based Licensing, Professional or Standard Editions.

New Price Changes for Dynamics GP

With Dynamics GP 2010 due to release next month, Microsoft has also announced some upcoming pricing and packaging changes that are scheduled to go into effect on May 1, 2010.

  • Additional modules will be included in Business Essentials
    • Field Level Security, Account Level Security and Electronic Banking Suite will be included in the Foundation Pack.
    • Modifier and Dynamics Client for Office will be available as A La Carte modules.
  • Management Reporter will be the replacement for FRx
  • Some modules will be consolidated into suites - individual modules will no longer be available. Existing customers current on their maintenance plan will receive the suite if one or more of the modules are licensed at the time of the change (May 1, 2010). The new suites are:

Manufacturing Suite available via AM A La Carte (AME)

  • Capacity Requirements Planning
  • Engineering Change Management
  • Job Costing
  • Quality Assurance
  • Sales Configurator
  • Sales Forecasting

Distribution Suite available via AM A La Carte

  • Advanced Distribution
  • Advanced Picking

Risk Management Suite available via AM A La Carte and BE A La Carte

  • Audit Trails
  • Electronic Signatures

Integration Suite available via AM A La Carte and BE A La Carte

  • Integration Manager
    • Integration Manager – Financials & Distribution
    • Integration Manager – Financials (GL,RM,PM,FA,BR,Payroll,Project)
    • Integration Manager – Distribution (POP,SOP,INV)
  • Developer Toolkit for Microsoft Dynamics® GP
    • eConnect
    • Web Services

Customization Suite available via AM A La Carte and BE A La Carte

  • Developer Toolkit
  • Dexterity
  • External Connector will be added to price list – this license allows external non-employee non-validated people access to the Dynamics database
  • Some modules will be removed from the price list, however, existing customers will continue to receive support and licenses to use these modules for Dynamics GP 10.0:
    • Crystal Reports
    • Electronic Document Delivery
    • Field Service Anywhere
    • Microsoft Demand Planner

In addition to the new features you will receive with Dynamics GP 2010, you may also receive the new modules as this pricing takes effect. It will depend on the modules you are currently licensed for at the time of the changes. Also, none of these changes will affect your protected list price for your maintenance plan.

Microsoft Dynamics GP2010 Debuts

REDMOND, Wash. — April 20, 2010 — Microsoft Corp. today introduced Microsoft Dynamics GP 2010, an easy-to-use enterprise resource planning (ERP) solution for midsize businesses that want advanced functionality, strong business intelligence reporting options and interoperability with other line-of-business applications. The solution features new Role Centers, out-of-the-box Web services and the ability to complete tasks through other software people use every day. Microsoft Dynamics GP 2010 delivers on Microsoft’s Dynamic Business vision by increasing the agility of an organization to embrace new challenges, and will be featured at the company’s annual customer conference, Convergence 2010, April 24–27.

Enhancing Insight

Microsoft Dynamics GP 2010 includes personalized Role Centers, more than 400 built-in Microsoft SQL Server Reporting Services and Microsoft Excel reports, and enhanced interoperability with Microsoft SharePoint and new tools such as PowerPivot for Excel 2010.

“The new Role Centers and the ability to tap into SQL Server Analysis Services as well as SQL Server Reporting Services are significant. This allows for full drill-down capability — a level of insight that should be new and welcome for former QuickBooks users,” said Todd M. Bowlsby, senior Dynamics consultant, InterDyn – Remington Consulting, a consulting company specializing in Microsoft Dynamics service offerings.

Making It Easier

Microsoft Dynamics GP 2010 includes intuitive workflow processes making approval scenarios easier. For instance, customers can create professional-looking forms such as invoices from within Microsoft Word and quickly send them through e-mail. New features also simplify business operations, daily tasks, setup and IT administration processes, making it easier for people to perform their job tasks efficiently and effectively. Microsoft SharePoint technology extends access to business-critical information from Microsoft Dynamics GP 2010 to more people across an organization.

“By combining the power of business applications and productivity applications, we’re able to support how people really work in their everyday jobs,” said Crispin Read, general manager of Microsoft Dynamics ERP. “Microsoft Dynamics GP 2010 is an excellent choice for companies experiencing growing pains with their current accounting software and looking for a solution that can scale.”

Extending Connections

Today’s fast-paced business environment demands instant access to customers and vendors. Microsoft Dynamics GP 2010 provides more than 350 integrated Web services out of the box, deep interoperability with Microsoft Office Unified Communications, and built-in integration with Microsoft Dynamics CRM.

“With the out-of-the-box integration between Microsoft Dynamics CRM and Microsoft Dynamics GP, we are projecting a 25 percent reduction in call handle time, improving the efficiency and quality of our customer service,” said Rick Frazier, IT director, Bio-Engineered Supplements and Nutrition Inc., a leading manufacturer of health and fitness supplements. “We’ve automated many of the processes that we used to handle manually and can now focus more on analyzing our data instead of figuring out how to move it. With real-time insight into our business, we can adjust our strategy more quickly.”

Availability

Microsoft Dynamics GP 2010 will be available via Microsoft’s extensive partner network in Australia, Canada, the Caribbean, the Middle East, New Zealand, South Africa, the United Kingdom, and the United States on May 1. With Microsoft Dynamics GP 2010, customers have the choice to deploy the solution on-premises or via on-demand and subscription-based hosting models. Local launch events will be held in various countries, which partners and customers are encouraged to attend. More information on the more than 65 U.S. launch events is available at http://www.microsoft.com/dynamics/gp2010-uslaunch. French Canadian and Latin American Spanish versions will be available in the second half of the year. More information about Microsoft Dynamics GP is available at http://www.microsoft.com/dynamics/gp.