Microsoft Dynamics GP is an ERP software with accounting capabilities. It includes various packs for customizability and features tailored to specific industries’ needs. GP is offered as a perpetual license or subscription.
N/A
Xero
Score 8.4 out of 10
N/A
Xero is an online accounting software product for small businesses and personal finance. Its features beyond general ledger and double-bookkeeping include quotable invoicing, bank reconciliation, purchase order and expense management, and tax management. Third party apps can extend its features further.
$13
per month
Pricing
Microsoft Dynamics GP
Xero
Editions & Modules
No answers on this topic
Early
$13
per month
Growing
$37
per month
Established
$70
per month
Offerings
Pricing Offerings
Microsoft Dynamics GP
Xero
Free Trial
No
Yes
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
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Prices in table are in USD and just apply to the US - other markets & prices are listed below:
Canada - Starter $18 CAD/month, Standard $45 CAD/month, Premium 5 $58 CAD/month
UK - Starter £14/month, Standard £28/month, Premium £36/month
AU - Starter $29 AUD/month, Standard $59 AUD/month, Premium 5 $76 AUD/month
NZ - Starter $31 NZD/month, Standard $66 NZD/month, Premium $84 NZD/month
Microsoft Dynamics GP is obviously superior to the other platforms I’ve used simply in its robustness and GAAP compliance features, but with far less usability and even in someways less usable reporting.
Business Central wasn't out then. Nav, the predecessor, was out, but its user interface was dated until 2009, when the role-tailored client came out; it was much better afterwards. If your company has manufacturing, then Business Central is the way to go. It's unfortunate that …
Due to the size of our company Microsoft Dynamics GP works better for us than Quickbooks because of the reporting capabilities. However, the NetSuite demo proved to be much more user-friendly with more reporting capabilities.
Because GP doesn't do CRM we have looked at D365 Customer Engagement for our field service, and F&O as a replacement. Vaporware, no direct upgrade path, and if you want to continue with GP for your back office and just use Field Service it's an insanely complex integration …
There are more features and products overall in the Microsoft package at a better price point. Overall, Salesforce has a much sleeker and more user-friendly design.
We moved from Epicor Eagle N Series to Dynamics GP as an accounting solution for our new POS system. I believe Dynamics GP has more options to create and present financial statements for a large company with many regions and districts. However, because of the weakness of our …
They both accomplish the same thing, I think Oracle was what I first learned and thus making the change to Microsoft Dynamics GP just took a little bit of time to learn the technology. After you get the hang of it, it becomes much easier and I taught my coworkers how to use it.
I did not pick Dynamics over Salesforce, my company was using it and eventually switched over to Salesforce. I would say that Dynamics is user-friendly and the interface is quite easy to understand. I really like the reporting capabilities as well. Once again, the aesthetic …
At the time of purchase, Microsoft Dynamics GP seemed more appropriate and more in sync with the needs of our company. The software was more responsive, user-friendly and it allowed for more flexibility with the way it was intended to be used. We were also promised better …
My recollection of Quickbooks pro isn't great, and it was over 10 years ago. Obviously many things have changed in that time frame, so any comparison would likely not be relevant.
The only product with have shopped was Sage Intacct. It is somewhat unfair to compare the two solutions, because Sage Intacct is a cloud-based solution. That said, Intacct appears to advertise better reporting/business intelligence capabilities. MS Dynamics GP should be aware …
Microsoft Dynamics GP is one of the best ERP's for a medium or small business in the market today. When we were looking for the right software, it had already a connection developed with our 3rd party logistics system, so the decision was pretty easy since the logistic / supply …
Dynamics GP is much more flexible and enterprise-oriented than Quickbooks Pro or similar software. It can support many more users and scenarios. However it requires more dedicated infrastructure (such as servers and databases) and more dedicated IT resources to maintain and …
I love Dayforce for payroll. It has been configured to meet all our needs, is user-friendly and the customer support is fantastic. We originally moved from MDGP payroll to Ceridian Insync payroll due to the issues we had. We upgraded to Dayforce and are very happy with the …
Learning GP with so many resources from the GP community has been easy. Someone always has the answer or suggestions to point me in the right direction. I've had very few instances where the systems caused an error that required research in order to fix the glitch.
We looked at several general ledger software packages. We had excellent customer service and implementation guidance through a third party. Having a knowledgeable consultant is critical to a successful implementation.
Quickbooks Pro and GP are not on the same playing field. GP is a full account system adhering to GAAP, while QuickBooks is designed for the small business market. While starting out with QuickBooks is easy, if you plan to grow, you will soon outgrow it.
Microsoft Dynamics is a good, easy to use product for entities that do not have advanced manufacturing. If I were to go into a distribution or service type business I would highly recommend it. If I were to go into an advanced manufacturing environment I would not consider GP.
Xero is user-friendly and easy to navigate and learn how it works. The system adopts to modernization and keeps improving. There is a wide range of third-party applications you can integrate.
Quick books is also the similar kind of service but it does not provide the extensive API support that Xero provides. Also, the cost of QB is higher than Xero. UI of QB is also not that good like the Xero, Xero has very well UI standards then the QBO.
We prefer Zoho Invoice for doing the actual invoices to send to clients as we don't like the Xero interface and client side experience (we can customise the invoices and emails in Zoho) but Zoho Invoice doesn't have all the accountancy features that Xero has so we use both.
I originally used Xero, but felt let down as a small business when functionality was removed, such as payroll, but pricing remained, and I now have to pay more for a payroll solution from a third party. I am evaluating Odoo as a potential replacement.
Xero is more suitable for small and medium enterprises. Intacct is more suited for large scale operations. Reporting is more fluid and more customizable in intacct than Xero. Both the applications fare well in case of the third party integrations.Consolidation and entity …
We have another business that uses QuickBooks Online and we find more problems with it. Xero is the software we have recommended to friends and associates looking for an accounting system. Also Xero is reasonably priced.
I really enjoyed using Wave as it was very user-friendly, well designed and slick as a business touchpoint with our clients, but I was forced to move away from it as Wave decided to restrict its use to only North American customers whereas I'm in the UK.
I formerly have used, Quicken, Quickbooks, My Advanced Invoices and another one whos name is not coming to mind. I found Xero to do everything in an organozed way and I've stayed with it.
MYOB has always seemed well behind in the functionality. We recently discontinued our DEAR subscription due to astronomical increase in subscription fees. While Xero doesn't do as much in terms of inventory management we can manage without that function for the lower price.
Microsoft Dynamics GP is well-suited for our environment, as we pay a diverse group of employees, including on-the-road drivers, shop employees (some in other locations), and office employees. It easily tracks time off, taxes, pay, etc. The reporting allows us to verify with our drivers how they are paid each week, whether it be through mileage or stop-offs.
I am a massage and physical therapist. We are not a fancy business but business admin can take a lot of time and effort. Xero came recommended to me by colleagues in the sector. You raise invoices, you get paid. and you pay your bills. These are all daily scenarios for most businesses and Xero does this particularly well. Since my accountant can query my records directly, this greatly saves on bookkeeping time when it is time to do the company returns.
Able to be extended into multiple areas of your business
One feature we have been using for a few years is EFT for payables - it has significantly reduced the time spent paying vendors and reduced our check printing and mailing costs. It is very easy to setup and use.
Repeating invoices (most of my business is monthly recurring invoices) - it does these very well.
Reporting - particularly being able to dig into the different lines of the P&L statement.
Tracking categories - I assign a category to every line of every invoice so it's easy to see how much has been sold of each type of service every month and year, and compare them to previous periods.
Supply chain management is adequate but not exceptional, and there are challenges tying the product to a website front end. These features are present and work fine in many environments but are often lacking for customers who need more robust systems.
Reporting tools often require consulting expertise or an internal business analyst to develop. Many smaller companies don't have this skill set, so it can be costly to upgrade to GP from a smaller packages like QuickBooks.
Some features that are available in competing products are still not present in GP, such as full copy-paste functionality and more intelligent workflow/batch processing functions.
Limit unit price decimals to 2 digits, currently shows 3 or more after the decimal on invoices.
Discounted rates for multiple entities within the same group e.g. if you have a group of 3 or more companies looking to move to Xero, incentivize those clients with discounted monthly rates.
Easier way to reconcile loan accounts across multiple entities.
Due the economic challenges that Puerto Rico is having, the company has had to merge some companies in order to be more efficient. It has been easy in GP to process those merges, even thought we had to spend days to accomplish that the process was smooth and accurate. In addition we were able to streamline the purchasing and sales process and the organization is confident to keep renewing GP for the future versions.
In addition to the matters covered in this review, my reason for renewing this product is that Xero's functionality and the constant updates that the company provides, makes the software even more business friendly. The software therefore builds a brand loyalty among customers.
Menus are generally quite difficult to navigate, user-friendliness is lacking, platform can at times be unstable (crashes, etc), reports tha would seem to report one thing do not actually return that data. Usability is probably the biggest weakness of Microsoft Dynamics GP.
As a standalone software, it allows users to fulfill most of the basic functions (e.g. transaction input and report generation) simply and conveniently. It also allows for multiple APIs to help augment various tasks that accounting-adjacent (e.g. claims processing). The cloud based model and portability to mobile devices allows tasks to be carried out in a more convenient way.
We have been actively using and 100% Xero based for our ecommerce accounting practice for over 4 years. There has on been one real outage for more than 5 minutes. Xero was open and transparent about the outage, what they were doing to resolve the issue, and provided 15 minute updates. Showing how they care about their customers and partners. Plus, showing that their customers care too, were understanding, and went surfing or in our case took a nap. Couldn't run our business without Xero as a partner.
On a good day, things worked but after upgrades, things began to slow and or not work at all at times. I coined the moving circle while I waited as the "Xero Wheel of Death". Sometimes it never stopped and force quitting was necessary.
Always respond and keep issues open until you are satisfied with the result. Generally good responses, in the past, I had some support responses that were really basic and really annoying. They type where "have your tried restarting your computer" style of answers. Well, of course, I went through all the basics before contacting them. Duh, but I suppose not everyone does. Otherwise, it would be a 10. The last year has shown a marked improvement in the support responses however.
All of Xero's training is online and available for anyone (business owner or accountants) to learn and become experts in their system. There is a range of content from product training to real world webinars from their partners. Xero is beautiful accounting software and their training is the same.
Basically the challenge with this implementation was the Business Portal, too many errors and even the aplication is up and running the users are still having issues. We will start planning the migraton to GP 2015 soon.
If it can be done, time the implementation near a new fiscal year so you can start clean. Otherwise, you have to go back and do historical data from the beginning of the fiscal year, which can be brain draining.
Because GP doesn't do CRM we have looked at D365 Customer Engagement for our field service, and F&O as a replacement. Vaporware, no direct upgrade path, and if you want to continue with GP for your back office and just use Field Service it's an insanely complex integration import/export. D365 F&O is a huge implementation cost, and without a direct migration path every bit of data has to be custom imported. There really is no straightforward way to stack up GP against these programs currently. Again, the future of GP is in some doubt.
MYOB has always seemed well behind in the functionality. We recently discontinued our DEAR subscription due to astronomical increase in subscription fees. While Xero doesn't do as much in terms of inventory management we can manage without that function for the lower price.
I have yet to fully stress test the product given the size of the company where I am using it. I am sure as we scale to more customers, more vendors and more reporting requirements, I will have a better understanding of what it is capable of in terms of bandwidth and processing
We have never missed a payroll using Great Plains. We have the ability to fix any issues that come up quickly.
It streamlines our departments that handle money into one unified system. This gives accounting and finance the overall picture in one system.
With Integration Manager we have to worry less about taking time to hand key transactions. This cuts down on entry time and increase efficiency for our clerks.
Xero is a basic accounting system that performs basic accounting tasks easily and accurately. For that, it provides a positive impact on our day to day accounting operations.
Because of Xero's basic structure, I feel it lacks some of the sophistication that some users want and need. The ability to create unique custom reports would enhance the impact Xero would have on meeting business objectives by providing current and useful accounting information.
In my opinion, Xero's lack of focus on their customers - their users - is a real issue with me. In my opinion, those of us that are in the trenches that work with the system on a daily basis have to deal with the shortcomings of the system with the knowledge that Xero support refuses to address the operational issues that make their user's lives difficult. I feel if Xero would focus on truly making their software better from a users point of view, it has the potential to be a great system.