Another year passes and it is time to start discussing year-end closing procedures for the modules in Microsoft Dynamics GP. Now is the perfect time to review this information, just because it is only done once a year, and also to share information sent out by Microsoft. The Microsoft Dynamics GP Year-End Close Resource Center contains year-end close procedures, demos, and FAQs.
Restaurant and franchisee companies that are using any Point of Sale (POS) system gather the majority of data from these systems. In part 1 of this blog, I discussed the integration of the daily sales and deposits from Point of Sale (POS) systems into GP. In this blog article, I will discuss the additional two integration points of Accounts Payable and Payroll.
The process of purchasing a new software application for your business can be risky. Likely solutions may come from research, referrals, or possibly through marketing efforts from software vendors. From this point, companies will begin the process of further discovery and product demos.
Can you afford to be “down” a day, two days or even a week if something should happen to your data? Even if your company is “cloud-centric,” you should continue to read this blog. With the cloud, it may not be feasible to recover a complete server from the cloud. Individual files and folders? Yes … Entire systems? No. What is your hosting provider’s disaster recovery plan? Lose your company’s data and you could lose your business!
If your Microsoft Dynamics GP software and your Point of Sale (POS) software are not integrated, you're either doing redundant work or you're missing the boat completely. Restaurant and franchisee companies gather the majority of data from the POS system, so why not integrate it instead of manually manipulating it?
In Microsoft Dynamics GP, at one time or another, we have probably all wished that we could re-open one of our history years that we have run the general ledger close for. Sometimes, it is because we forgot to put in our adjusting entries for that prior year, and we have already gone on and closed another year in the system.
Data visualization refers to how data or facts are graphically presented in a readable and recognizable manner. This is a generic/general term often used in a business context to describe reporting techniques that allow management and users to better understand information presented to them.