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Microsoft Dynamics GP

Score5.1 out of 10

245 Reviews and Ratings

What is Microsoft Dynamics GP?

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.

Top Performing Features

  • Electronic tax filing

    The software provides a full electronic interface for the filing of repeatable taxes, such as payroll or sales tax.

    Category average: 7.9

  • Role-based user permissions

    Permissions to perform actions or access or modify data are assigned to roles, which are then assigned to users, reducing complexity of administration.

    Category average: 8.5

  • Time tracking

    The software can track billable and non-billable employee time by project.

    Category average: 7.2

Areas for Improvement

  • API for custom integration

    An API (application programming interface) provides a standard programming interface for connecting third-party systems to the software for data creation, access, updating and/or deletion.

    Category average: 7.7

  • Automatic reordering

    The software can be set up to automatically reorder a good when it falls below a certain threshold.

    Category average: 6.9

  • Credit card processing

    The software facilitates credit card processing.

    Category average: 7.5

Microsoft Dynamics GP User Experience.

Use Cases and Deployment Scope

We use Microsoft Dynamics GP in a transportation company to pay hundreds of employees. It integrates with our Transportation Management System. Trying to ensure we pay our drivers the correct amount based on the miles they accrue each week is paramount to getting them paid correctly. Microsoft Dynamics GP and its integration with our third-party system are crucial to us.

Pros

  • Payroll
  • Reporting
  • Printing checks.

Cons

  • Reporting can be tedious or misunderstood.

Return on Investment

  • The ability to pay customers in a timely manner is a positive for us.
  • Tracking hundreds of employees' benefits, such as time-off, allows us attract and keep drivers when it is hard to do so in our economy.
  • The ability to keep track of the multiple companies our main company is part of is a great feature.

Usability

Other Software Used

TMW.Suite TMS, Trimble TMT Fleet Maintenance, Trimble MAPS PC*Miler

Dynamics GP - time to move on from this product.

Use Cases and Deployment Scope

Dynamics GP was great when it was implemented, but the base works, but the chart of accounts vs. the dimensional chart of accounts. The user interface is dated. The new ones in Business Central and other modern ERP systems are much more modern and easier to use, with a streamlined user interface. The end of life for Dynamics GP is a major issue due to updates and security patches.

Pros

  • Management Reporter.
  • Accounts Payable.
  • Accounts Receivable.
  • Fixed Assets.
  • Purchase Order.
  • Sales Order.
  • Inventory

Cons

  • Chart of accounts.
  • Manufacturing.
  • User Interface.
  • No AI analysis.

Return on Investment

  • Great accounting software but dated.
  • Semi accurate financials.
  • Year end closing is ok.
  • GL to subledger reconciliation they know it's an issue they created a report for.

Usability

Alternatives Considered

Microsoft Dynamics 365 Business Central

Other Software Used

Microsoft Dynamics 365 Business Central, QuickBooks Online

6 Year Microsoft Dynamics GP User

Use Cases and Deployment Scope

We used Microsoft Dynamics GP as a primary accounting/bookkeeping platform. This included producing financial statements and maintaining all of our financial records. Microsoft Dynamics GP was integrated with an industry specific management software used by ops and sales team members to allow for (theoretically) seamless AP and AR flows between the softwares.

Our use case was a mid-size company and we managed around 70,000 movements which would require full AR and AP entries for each.

Pros

  • Month-End and Year-End Closing

Cons

  • General user interface—nothing is intuitive or easy to navigate
  • Generating reports of any kind
  • Ability to track individual transactions end-to-end. If needing to trace a discrepancy relative to a particular transaction, many different reports would need to be generated.
  • Account reconciliation

Return on Investment

  • Net negative impact with regard to wasted time tracking things that should be easily reportable.
  • Numerous integration errors

Usability

Alternatives Considered

QuickBooks Desktop Pro and Wave Accounting

Other Software Used

Wave Accounting, Microsoft Office 2016 (discontinued), Yardbook

Microsoft Dynamics GP in a nutshell

Use Cases and Deployment Scope

We use an older version of Microsoft Dynamics GP in our org for the bookkeeping and accounting aspect by our accounting team. One of the problems is that our maintenance is out of date, and the renewal fees are outrageously expensive for the small companies like ours. Since we are a smaller company we are able to make the software work for us, but there are many manual processes that would make things like updating our product prices easier and reporting automated if we were able to update our back maintenance.

Pros

  • Accounting Reports
  • Tracking of product sales and orders
  • Shipping packages and invoicing
  • tax reporting

Cons

  • Microsoft Dynamics GP could use some improvement on the fees it charges for maintenance or purchasing new licenses
  • Providing updates to older versions to allow for integrations and importing updates
  • The outdated maintenance does not allow us to easily bulk import price increases without using specialty coding provided by our engineers to complete these increases on the back end

Return on Investment

  • Positive impact is that even though our maintenance is out of date we are still able to submit all the necessary tax forms
  • We can still run our required reports
  • It is a bit more difficult to customize reports
  • A negative impact is the fact that only our coder can bulk update our product prices, otherwise they all have to be done individually

Usability

Other Software Used

Zoho Analytics, Zoho Assist, Zoho CRM

GP good for big company

Pros

  • Account capacity
  • Reports and Smart Lists
  • Lots of add-ons products

Cons

  • Licenses are strict
  • Can't just delete transactions, must reverse journals too (not automated)
  • Updates are not coming, becoming stagnant
  • Some features require in depth training or outside contractors

Return on Investment

  • Great for detailed organizations with lots of account codes or locations
  • AP and AR are strong, GL is detailed
  • Custom reports are tedious
  • Lots of plug in of different price ranges
  • Upgrading is expensive

Alternatives Considered

Xero

Other Software Used

Xero, Peachworks, from Beyond, isolved

Usability