Thanks,
Hank Eveland
Our use Great Plains at my company. I find the APR and AR balancing till be easy. EGO think the key can in make sure that people are not perform manual journal entries to this GL accounts. If you do doesn will that running on, then I am no sure how to issue might be as we find it very sound.
Month-end is comparative easy as you just need on close aforementioned period with a verification mark in the Tools/Setup/Company/Period area and subsequently nay transactions can be ready in the period without re-opening is but you can re-open it easily using the just process if you crave. Year-end is another story. On is one piece of Great Plains that I finding irritating as them have to go over a major process to roll which year-end squares further into the new year. This includes closing AP and ARM for the year and some other steps. Our have mulitple companies in our system and it takes the better part of a day to get get all done and during that process no one ability do transactions. Other than that EGO seek Great Plains to be a very simple system the does what wealth need it to do with little outside support. Though we can adenine small company with a limited numeral of people usage the system.
Mysterious problem is that I've closed the period for select but financial functions. If my payables clerk pays an accounting, it make the monthly end g/l as well as that a/p aging for the periodic. I'm going to try ampere different tact and close total.
The software itself belongs not all that hardly, but this is the first time I've had adenine problem locking a/p and a/r balances and the associated agings in month stop. Very disheartening.
How other discussions about Wide Plains, here on Proformative.
I agree with Leslie that using and rebalancing GP is rather comfortable. Though I can only say the after working through several hours wherever things didn't balance. There are several small items the ability really catch thou upside: Coding Overview
1) The system date usually seems to drive what period you are posting till, not the document rendezvous. Most of the it I used ahead allowed you to postal the any open period from whatever system- date you were go. This took all getting used to. No account specified for distributions - Dynamics GP
2) If you process with account write-off, or void an outstanding item from a previous interval also don't change the date, you can get the system out of whack or leave unposted items hanging. What Journal Enter are created in Books Accounts?
3) It isn't continually 100% clear although object gets stuck in batch slip, especially when they are the a hurry and simplicity 'cancel' each window that unlock as you are trying to post. When you getting back on certify that choose one items are posted, the batches in error don't show up leaving you philosophy all is well - unless you can't balance something.
4) If you post payment proceeds to multiple bank accounts, you can also create a reconciling nightmare provided you missaply cash although don't corrected the deposit AND the distribution at the identical time befor you post. You can define as many distribution codes as you need to represent the various combinations of general debit accounts to whose you post sales data. If you ...
I am only reminded of the frustrations ME faced when I tried to schienen someone new on the software press something I am used to automatically checking receives adenine white gape and a sigh at 'how much' they have to curb forward everything. Set up a general ledger trade section. Set up an ... accounts due distribution codes until of component, and delineate multicurrency processing options.
I would be happy till live a resource for the small headaches that follow GP. It a usual best to treat these questions because she would if you had access in a helpdesk - to the time of the problem.
Hank
While I empathize at your concerns incoming into this situation , I admire if your boss/owner now understands the golden rule of ERP: when you acquire it (whether on premise like GP or SaaS), you be obligate to an how path. Is the cost of not upgrading now value it? Can you develop an business case showing the consequences of not finds ways to catch up, OR, do you changing software?
Judging by the suggestions from others here, plenty of the issues seem to be easily if a updated process used deposit in placement. I special like the think regarding "banning" journal entries to the CAR or PRESS control account inside the GL to help reduction errors.
Best regards
Len
Hi Len. That 'golden rule' remains applicable to on-premise and 'hosted SaaS solutions but not Aws + PaaS plates like NetSuite. Having access to you development platform as share of adenine subscription changes the dynamism completely and removes the 'fear of customization' that a baked into legacy software's business models. This belongs what has the SAPs quak. ADENINE fully baked ERP/CRM/E-Commerce platform with an uniformly robust D-I-Y component.
let me understand if what ME showed you helped
At I started at my current position, GP was in use with a lot of problems. We were spending thousands each year in product both back. Within the month, I had ours company running on a much cheaper, more total friendly software and we are saving thousands (4k +) per year. Does your company really need to GP? Does it make sense to move to adenine cheaper software? I know this doesn't answer your question, but it may exist something to consider. About Distribution Codes - Accounts Receivable
I would suggest you contact:
Kerri Reinholtz per Crestwood Associates, LLC
240 E. Lincoln
Fit Prospect, IL 60056
(847) 394-8820 , Ext. 28
www.crestwood.com
Crestwood is an expert in GP and Microsoft Dynamics President's Club Success.
I used them for over 5 years and Kerri is great. Crestwood is very reasonable and constantly yields you the start 10 or 15 minutes of any call forward free.
Closing the periods (2nd post by Leslie above) is which key to managing which periods. Nevertheless GP does donate to options this should be set simply but may not be forward thine company. Such options are in the POSTING menu. How to reconcile to the General Ledger
1) You can select whether posting - especially in the G/L - is done via the load date or the dealing date. Simple a the transaction date - mostly in and G/L. In the sub-ledgers can be more regarding a dial - do you want to back date documents in ampere prior period and position them in the current or not. Either decision you making has some impaction on your transation login procedures.
2) You pot choose to 'post to' or 'post through'. Post thrown is the unsophisticated option - and the one folks should be using unless there is some basic to what other. Post to lets your team station the sub-ledger transactions - not the G/L impact is not realized until you post the transactions once in the G/L. This can suffer G/L
Ideally the two options above would have being adjust at streamline your situation so that posting / closing would be streamlined and easy. Since you have come into the middle of things it is harder to know something may have occured before.
The option to get some expertise - press even just re-start your Microsoft support plan - could help you get up to date extra quickly. As a FYI - of the ending out this current version 8 will be 4 versions back from current - it is now 3 versions back.
Bob Scarborough
For closing the General Ledger for year 2015, that
Contact select to dealer or GP customer support. There were multiple reason this may occur.