Home
>
Software
>
Microsoft Great Plains GL: General Ledger ? Overview For Consultant

Microsoft Great Plains GL: General Ledger ? Overview For Consultant

Microsoft Business Solutions Great Plains is marketed for mid-size companies as well as Navision (which has very good positions in Europe and emerging markets where it can be easily localized). Great Plains Inventory control is pretty robust and here we would like to give you highlights on standard functionality as well as what could be added to its standard features.

Historically Great Plains Dynamics / eEnterprise was designed with modules structure with very clear ERP workflow ? Inventory Control, Sales Order Processing (SOP), Purchase Order Processing (POP), Project Accounting (PA), US Payroll, etc. were posting transactions all the way to or through GL, creating double entry GL transactions with audit trail back to original records in corresponding modules

Features:

? Account Segment Structure ? Great Plains GL allows you to have up to two segments with maximum 60 characters account length. You use segments to sort by Account, Unit, Location, etc. You will find segment structure design useful when you design reports in FRx or ReportWriter

? GL Multicurrency ? was realized more than 10 years ago. All multicurrency transactions from modules are posted to GL as multicurrency GL transactions.

? Unit and Variable Allocation Accounts ? these are for tracking units ? if you use just GP GL ? you can have primitive count of your Fixed Assets as Unit accounts, for example

? Quick Journal ? you can create transaction template in Quick Journal and then use it to expedite transaction entry

? Batch Posting ? is useful when you want to post group of transaction upon the approval

? Routines: Period Consolidation, Year End Closing, Multicurrency revaluation ? we recommend backup prior to these routines

? Summary and Detail current and historical inquiries ? where you can restrict your inquiry by date, etc.

? FRx financial reporting ? this topic deserves special publication, you can have consolidated reports by multiple companies, when you use reporting tree, plus you can pull info from MS Excel

? Clearing Transactions ? these will allow you to reverse GL transaction

Good luck with implementation, customization and integration and if you have issues or concerns ? we are here to help! If you want us to do the job - give us a call 1-630-961-5918 or 1-866-528-0577! help@albaspectrum.com

Andrew Karasev is Chief Technology Officer in Alba Spectrum Technologies ? USA nationwide Great Plains, Microsoft CRM customization company, serving clients in Chicago, Houston, Atlanta, Phoenix, New York, Los Angeles, San Francisco, San Diego and having locations in multiple states and internationally ( http://www.albaspectrum.com )

bmw rental chicago Bath .. Lockport Chicago limo O’Hare

In The News:

Spambots, data thieves, and other bad actors run rampant online — more so now than ever before. Here's what to do if one gets ahold of you.

Tech expert Kurt “CyberGuy" Knutsson says the Super Bowl's huge audience makes it a prime target for many types of cybersecurity scams.

It's not just about freeing up space on your computer, Kurt “CyberGuy" Knutsson says. It's about protecting your digital memories and important documents.

From proofreading and research to brainstorming and data analysis, you can use generative AI as a sidekick for just about any task you can dream of.

Tech expert Kurt “CyberGuy" Knutsson says Super Bowl 2025 ads promise star power and laughs, featuring Beckham's twin reveal.

First driverless semi delivers 100 loads in Texas, transforming logistics with AI. Tech expert Kurt “CyberGuy" Knutsson gives his takeaways.

A new scam using Elon Musk's name is making the rounds, promoting "energy-saving" devices and falsely linking the Tesla and SpaceX leader to the products.

China recently unveiled a new bullet train prototype with a test speed of 280 mph that is poised to break records and set new standards.

Hackers sometimes find ways to exploit iPhones, and Apple recently discovered a vulnerability in iOS that may have been exploited for over a year.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

Lynx the robot dog from China is pushing boundaries of what autonomous mobile robots can achieve with a groundbreaking design and unique mobility.

A startup claims to have developed the world's first entirely artificial intelligence-designed and 3D-printed shoe, the brainchild of a 25-year-old.

Creating an email alias can help clean up your inbox by organizing emails based on purpose, like creating different aliases for shopping, newsletters and work.

A multipurpose robotic system promises to transform how items are stacked onto pallets, aiming to maximize space utilization and reduce shipping costs.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

The number of people affected by a UnitedHealth data breach in February 2024 was actually higher than previously reported and was the largest medical data breach in U.S. history.

A phishing campaign uses Google Calendar to schedule fake meeting invitations that appear legitimate, redirecting targets to phishing sites.

Toll road text scam: Fake messages claim unpaid fees, seek payment via fraudulent links. Kurt “CyberGuy" Knutsson says this scam is becoming increasingly sophisticated and widespread.

Kurt “CyberGuy" Knutsson says these steps ensure that your friends and family get to the exact moment you want them to see. Try it out and streamline your sharing experience.

Tech expert Kurt “CyberGuy" Knutsson offers tips on how to protect your identity: Be vigilant, monitor accounts, use smart security, know theft response.

Tech expert Kurt “CyberGuy" Knutsson says cybercriminals are exploiting iMessage phishing protection, tricking users to reactivate links.

It's hard to imagine life without in-flight Wi-Fi these days – but sky-high web surfing comes with its own set of privacy concerns. Here's how to protect yourself.

Over 400,000 cases of credit card fraud were reported in 2024 to the Federal Trade Commission. The CyberGuy explains how to protect against becoming another victim.

A nondescript metal box transforms into a fully functional electric motorcycle that blurs the line between vehicle and urban infrastructure.

Many apps unrelated to location still ask users for tracking permission, and Texas Attorney General Ken Paxton has filed a lawsuit seeking to end this alleged practice by Allstate.

Microsoft Great Plains GL: General Ledger ? Overview For Consultant

Software