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February 25, 2020
We use Microsoft Dynamics GP for accounts payable/receivable, accounting. Reporting is difficult.
February 18, 2020
It is being used by the Finance Department. It is especially integral with having P&L's ready for the district managers of our company every period. We also tie in payroll with GP.
- It accurately shows all business transactions for a store.
- It is easy to search through journal entries.
- Maybe they could have job aids that are easily accessible.
August 12, 2019
Dynamics GP is the ERP/MRP solution for a client with over 100 employees and 25 GP users. We use the Manufacturing module in addition to the Sales, Inventory, and back office functions. It is the accounting program for the whole company, and as a manufacturer it is responsible for bills of materials, logistics, planning, ordering, and general ledger.
- Great Plains started as back office/accounting, and that is still it's strong suit.
- SQL and the GP programming language, Dexterity, provide a robust, scalable, and stable platform with well documented maintenance and repair procedures. Relatively easy to manage, tune, and support.
- Microsoft support for GP verges on "particularly well". Doesn't quite get there but good enough once you know what you're doing
- Strong partner network, including the GP User Group (GPUG)
- Number of windows required for some functions- lots of clicking
- Complex interface for users who work in different modules
- Communication from Microsoft about future of GP as they continue to promote Business Central and Dynamics 365- confusion and concern among users and partners about how long GP will get first-level support and development.
- The web client flat-out sucks, you will need RDS or Citrix to support remote users. If you stick with desktop clients it enormously increases your workload as every update requires you update every client. RDS is the way to go just to simplify the update procedure, but RDS is an additional licensing and support cost. Still more cost effective to not use the desktop client.
- Reporting- you will almost certainly have to get a third-party reporting program- Management Reporter is complex and squirrely, the built-in Report Writer is a nightmare to work with. Word Templates work well but aren't user-friendly and because they get all their data from Report Writer sometimes just doing a simple change requires a lot of skill and time.
We use Dynamics GP in our accounting/finance department. It is used for processing payroll, payables, invoicing/receivables, and reconciling our bank statements. It is convenient to have the software all in one application, and to not have recurring subscription charges.
- The W2 printing at the end of the year is very easy. I love that it also prints out all those pesky health insurance tax forms!
- Employee management is made very simple with all the information you can store in GP.
- Processing payables is very easy with GP. It's perfect for multi-person processes, too. The AP clerk can input the invoices into the systems, and then the comptroller can approve & print the checks.
- There's so many options and buttons that sometimes a simple task can seem very complicated.
- It is not very intuitive at first. It takes some digging and messing around with before you know what you're doing.
- You can have so many modules (HR, payroll, etc), and while they should talk to each other, sometimes the data gets out of sync.
We use Microsoft Dynamics GP for our accounting requirements. It is very user-friendly and easy to understand software. Also, a lot of reporting software can be linked with Dynamics for connecting data. Previously, we were using QuickBooks but after using Dynamics, we are pretty much satisfied with it and all our requirements were met.
- Easy to reconcile the banks.
- Easily invoice entry in batches.
- Can be linked with reporting softwares.
- Attachments can be linked with each invoice.
- Smart list can be improved
- Need some bug fixes like hang when bigger reports are running
- Speed improvements required
July 11, 2019
We currently use the platform to manage our sales production, profit and loss and accounting statements, and for inventory control of signs and other needed materials. It is used across the whole organization, but the uses are managed by individual departments.
- Inventory and supply chain management.
- Project analytics.
- Sales management.
- The user interface is clunky.
- There's a lack of bolt-on technology options.
July 10, 2019
Dynamics was used as a CRM tool at my previous company. The Sales, Sales Development and Sales Ops Department were using it. IT was great to organize leads, campaign, and stay on top of opportunity. Working as a team, we were able to see what other team member were doing with each lead, account, and add notes to what has been done.
- Lead organization
- Flexibility
- User-friendly
- Functions
- Interface aging
- More pop-ups
June 07, 2019
Microsoft Dynamics GP is currently being used as the main inventory control, as well as A/P, A/R and all financial records for two of our sister companies in two different countries. The software may have a few shortcomings, but so far it has been able to keep up with most of our needs on the areas described above, until now.
- Flexible reporting of all departments with Smartlist.
- Good A/R interface.
- Good A/P interface.
- Intuitive and very user friendly, for the most part.
- Inventory control and storage.
- Lot tracking of previous sales.
- Better integration with other software.
February 11, 2019
Dynamics GP is currently being used by a few people in our organization to track the accounting for our business. It does a great job of recording leasing, repossession, and sales, along with our payroll and organizational expenses. Through the use of third-party software, we are able to integrate it into our leasing software and it does most of the accounting work for us.
- Integration with other products.
- Recording of leasing, repossession, and sales transactions.
- I have not used a lot of accounting software in the past, just QuickBooks years ago, so as far as my knowledge goes is it easy enough to use and does the job it is intended to do.
A single group of 6 financial staff uses GP 2016 on a daily basis for GL data entry and processing. Paycor payroll data is integrated into GP every pay period through an import function. GP addresses the business challenges associated with organizing company specific financials and producing reports such as income statements along with quarter and year-end requirements.
- Reporting
- Accounts Payable batch entry
- Microsoft support
- Annual licensing retainer stipulations
- Extremely complex table structures
- Version upgrade complexity
July 19, 2019
Microsoft GP is used for all accounting and finance bookkeeping and processing. Only finance uses GP but the other departments use another medical billing software that gets imported into GP. GP access is limited because it is not necessary for nurses and staff to use outside of Finance. The problem it addresses is consolidating our financial records for reporting and audit purposes. GP is the foundation of financial record keeping and works well. My team would keep GP if we could but Microsoft is no longer supporting so we are switching in 2020.
- Easy to navigate.
- Recording transactions is clear.
- Smart list feature is perfect for reporting.
- Easy to switch to other entities.
- Does not always communicate with other valuable programs.
- The program can glitch and will sometimes freeze from time to time.
- Is not supported in the future, so long term use is not an option.
Dynamics GP is being used across our organization. We are using the system for accounting and inventory.
- Track and manage inventory.
- Transactions management (quotes, orders, invoices).
- Integration with other systems.
- Not user-friendly enough.
- Requires a lot of training.
- Not cloud based, on premise only.
July 11, 2019
Our company started to use Dynamics GP as a supplemental General Ledger software to coincide with our POS software Horizon Retail Solutions. We had a nightly feed sent from Horizion into Dynamics GP to track our accounting in our general ledger. Unfortunately, Horizon did not have a complete set of journal entries, so we have moved on from Horizon and Dynamics GP. Currently we are still paying license fees to have access to historical GL detail, but we will probably not continue that indefinitely.
- As it's a Microsoft product, it's integrated closely with Excel. Every report can be easily exported to Excel.
- Dynamics GP has a broad suite of options. You can use it as a complete ERP system if desired.
- Lots of programs have native integration with Dynamics GP.
- There's initially a high learning curve for the software. The user interface is not very intuitive.
- I recommend hiring a consultant to help with integration and ongoing services. It's not a stand-alone product.
July 11, 2019
It was used by my department as a way to track invoices and get rid of paper approvals, saving us time, money, and making the office more efficient. This is great because it used to slow things down a lot having to print off forms and track signers down, or possibly have the papers get lost in the shuffle.
- It keeps invoice tracking in one place.
- It allows you to get signatures and track who needs to sign next.
- There is a lot of clicking around and it's not super intuitive at first.
May 24, 2019
It is being used across the whole organization—HR module, Accounts Payable, Accounts Receivable, Accounting/Finance, Management Reporter, etc.
- It integrates really well with other software products such as CRM, Qlik Views, etc.
- It has the ability to process a high volume of data, which can then be pulled up in useful reports through Smartlist or Management Reporter.
- It makes processing a high volume of data easier through import templates and API/integration connectors to other programs.
- From an audit perspective, it would be useful to be able to drill down from batches to individual transactions on all levels—especially sales postings. This is a large limitation with GP.
Microsoft Dynamics GP is used SOLELY by my company's accounting department. We primarily utilize the software's general ledger function/capabilities. Additionally, we utilize the purchasing/AP, fixed assets, bank reconciliation, and other modules. We leverage the solution in populating/maintaining our books (accounting) for our entire company. Similar to other general ledgers, MS Dynamics GP allows us to customize our chart of accounts to fit our business needs. Note, the software offers many modules that were are not currently using.
- The solution we use is housed on our internal servers. As a result, we are capable of accessing the underlying tables via MS SQL Server. This allows us increased visibility to the data we have populated over the years.
- I doubt this sets MS Dynamics GP apart from competitors, but the ability to "batch" journal entries for approval is very easy and straight forward.
- Our independent consultants were able to build a "paste from MS Excel" integration, which we use to easily populate journal entries.
- If there are ever any network "hang ups" during the posting of batches/journal entries, the system has safeguards in place to ensure that your books aren't sacrificed.
- The Smartlist function is an easy way to build ad hoc reports.
- The fact that the software is housed on internal servers could be seen as a "con". These days, moving to cloud-based solutions feels like the right move.
- The reporting feature could use some updating.
- Not sure if this is due to outside influences (our network), but the solution can run rather slow at times. It feels like it is slowed down the most when all users are currently active. Once again, this may be of no fault to MS Dynamics GP.
- The ability to troubleshoot issues usually requires help from COSTLY independent consultants.
December 17, 2018
We use Microsoft Dynamics GP for our complete logistics / supply and chain process for one of the group's companies. It is fully connected with the financial module and it automatically creates a journal entry for every transaction that affects the general ledger. With the help of the Management Reporting, you can also create your own reports in a very simple way.
- All the modules are connected. A document you post on the sales or purchase modules gets an immediate journal entry on the finance module.
- The system is very adaptable, it can be integrated with other systems.
- The reporting is user friendly. With Management Reporting you can customize your own reports.
- Some functionalities of the system could be improved on a better time frame.
- Getting support for the system can be expensive sometimes.
- The cost of each user license is not the cheapest on the market.
February 19, 2018
We use GP to manage our GL, AR and AP. We don't use it to its full potential as we use a home-brewed system to do our invoicing, which integrates to GP. We are currently looking to use it more fully to solve some problems (spreadsheets!) that we are facing.
- Generally things flow pretty logically - if you don't have previous experience with GP you can figure it out.
- Rock solid - we rarely have errors or unexplained weirdness pop up.
- Handles our multicurrency environment just fine.
- Might be a limitation of our older version, but it only allows us to run and have open one report at a time. Seems like a pointless limitation.
- The documentation in some areas is less than clear. Thankfully, answers can usually be found with enough Googling.
December 12, 2017
We use Microsoft Dynamics GP to manage all finances, payables and receivables, for every department and company. It helps us maintain a clear and concise location for all accounting information, as well as enables us to research financial items and examine our spending trends and anomalies.
- A really nice user interface that allows individuals who may not be familiar with financial platforms to easily learn processes.
- Catches mistakes made in payables and receivables uploads so you can correct them before they become a problem.
- Quick access to uploaded journal entries so you can look into problems quickly.
- At times, GP slows down because of a large upload that is occurring. It would be nice if there could be a way to fix this.
- A way to void payments and transaction entries at the same time so there are less steps.
- A clear way to see who entered what in transaction entries and JE's so we don't have to run an IDS every time.
March 21, 2017
Microsoft Dynamics GP is our accounting platform. It is responsible for all accounting functions within our organization. GP is used solely by our finance department. GP is responsible for all accounting/inventory/sales order processing functions within our company.
- GAAP Accounting system
- Process large amounts of transactions
- User security
- Reporting
- Account history views - difficult to see complete customer account history
- User interface
Rainbow uses GP to house our general ledger, track orders, and sales, and to generate smart lists for expenses/revenues across all business units. It is a key product in our day-to-day business operations, with great customization abilities.
- Generate smart lists for tracking expenses & sales
- User controlled accounting transactions - it does what you tell it to do
- It would be great if it was easier to apply accrual percentages to existing JEs
- Easier exports to Excel/other reporting tools
- Easier integration with payroll software
June 08, 2016
Microsoft Dynamics GP is used by all employees in our organization for time and expense entry. It is also used by our Finance and HR teams for most accounting functions - billing, general ledger, payables, bank rec, safe pay and EFT for payables, financial reporting and management of paid time off.
- User friendly interface
- 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.
- search functionality could be improved within native GP functionality - we use Rockton Smartfill to improve search capabilities.
We used Microsoft Dynamic GP to process our payables, track our expenses by entity, and run monthly and annual financial reports. We have eight different Tax IDs and eight different bank accounts which require us to have separate, distinct sets of books. GP is a great, easy-to-use tool that helps us keep track of each of our entities and run complete sets of financials for each one. We also have some very complicated allocations we have to do for our leasing company. This requires us to set up allocation accounts so each expense only has to be entered once, and the system will do the allocations behind the scenes. I've worked with several other GL packages, including QuickBooks, and none of them had the ability to perform complicated allocations.
- FRx is a very simple third party report writer that makes report running so easy and straight forward. But it can also use more advanced features such as reporting trees so multiple sets of financials can be chained together.
- The allocation accounts are a great feature of GP. It makes the process of allocating salaries and other expenses when necessary a breeze. If your organization does any type of expense sharing across entities, departments, etc, consider using GP to do that.
- Overall ease of use. I absolutely love GP. I am a Microsoft Certified Professional in Version 9. It is very intuitive, extremely easy to navigate, simple to set up, and easy to maintain. It has great reporting features, has a simple budget import/export feature, and is truly the best GL package on the market.
- With respect to the allocations, once the expense is entered into the allocation account, you lose the ability to run any detail on just the total of the expense. It would be nice if you could run a trial balance on the allocation accounts the same way you can with regular accounts.
- I've always thought security set up could be a bit simpler. It actually has gotten better through the years. Specifically, with eight separate entities, it would be nice to have a "master" setup where you could call up one group entity, assign the users rights, and then be finished. Currently, whenever I have a new user, I have to call up each individual entity and select all of the features I want the user to have. That means I have to do eight steps for each user.
November 11, 2015
I use Dynamics GP internally for the accounting of my consulting business. I am also a Microsoft reseller dealing exclusively in Dynamics GP and affiliated 3rd party products. The product is in use as a core accounting product as well as a full ERP system for several customers. Modules include general ledger, payables management, receivables management, inventory, sales order processing, purchase order processing, project accounting, manufacturing, and a broad variety of tools for reporting and data extraction.
- Core accounting functionality is exceptional - for processing A/P, A/R, and G/L transactions, this product is the best mid-market solution available.
- Reporting has improved significantly over the years. The product has many tools developed by Microsoft and in conjunction with accounting specific needs, such as SQL reporting services, smartlist builder, and Excel reporting.
- The user-interface is user-friendly and easy to learn - very similar to other Microsoft products.
- 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.
December 12, 2018
We use Dynamics GP across our organization for finance and payroll. We have multiple entities (separate tax IDs) and users throughout the U.S. and Canada. It handles multi-company transactions, payrolls, and multiple currencies with ease. It is very flexible and has a robust library of third-party add-ons that can extend functionality. It also integrates well with outside systems, such as CRM or HRIS.
- Multiple currencies
- Flexible account structure
- Multiple users
- This is an on-premise application that requires enterprise database (SQL Server).
- Client-server model can make it challenging to deploy across networks or geographies without additional technologies.
- User interface is very functional but can appear dated at times.
Microsoft Dynamics GP Scorecard Summary
Feature Scorecard Summary
What is Microsoft Dynamics GP?
Microsoft Dynamics GP is an Enterprise Resource Planning and accounting software. It includes financial management and accounting, HR and payroll, business intelligence and analytics, and reporting capabilities. The Extended Pack also has inventory management and specific capabilities for certain industries, such as professional services and construction. The Customization pack includes built-in tools for integration with other products and applications, such as exporting to Excel. The Extended Human Resources and Payroll pack features greater flexibility for managing employees in the U.S. GP is offered as a perpetual license or subscription.
Categories: Enterprise Resource Planning (ERP), Accounting
Microsoft Dynamics GP Integrations
Microsoft Dynamics GP Competitors
Microsoft Dynamics GP Technical Details
| Operating Systems: | Unspecified |
|---|---|
| Mobile Application: | No |