Overview
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.
GP good for big company
Small Business Friendly
Microsoft Dynamic GP works well for mid-sized companies
Microsoft Dynamics GP Review
Dynamics GP - Manufacturing and Back Office, MRP
GP is good until it is no longer supported
GP Review From an IT Guy
Practical and Affordable, but lacks a user-friendly interface
Dynamics GP Can Be a Useful Accounting/GL Solution
Microsoft Dynamics Review: Pretty Dynamic!
Great product for a great value
Overall a good, solid ERP software for medium size companies.
GreatPlains is well suited for medium to large businesses
Sturdy General Ledger
Awards
Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards
Popular Features
- Role-based user permissions (36)7.171%
- Standard reports (35)7.070%
- Bank reconciliation (37)6.060%
- Accounts payable (41)6.060%
Pricing
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.
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
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What is FreshBooks?
FreshBooks is an accounting service for small businesses. The solution enables users to send and manage invoices, track billable time and collect online payments. The vendor’s value proposition this that their solution provides a straightforward service that simplifies the billing process.
Product Demos
Microsoft Dynamics GP Financials Demo
Great Plains Accounting DOS and Windows Short Demo
Microsoft Dynamics GP Human Resources / Payroll Demo
Accellos One Demo for Warehouse Distributors
Microsoft Dynamics GP Overview Demo
Microsoft Dynamics GP Demo
Features
Payroll Management
Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.
- 6.1Pay calculation(16) Ratings
Pay calculation provides for computation of employee pay with state and federal deductions.
- 7Benefit plan administration(12) Ratings
Benefit plan administration is administration of health insurance plans and 401k plans, and other benefits.
- 7Direct deposit files(16) Ratings
Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.
- 7Salary revision and increment management(15) Ratings
Salary revision is the ability to modify individual employee pay.
- 6Reimbursement management(14) Ratings
Reimbursement management provides cash reimbursement for employee expenses related to business travel or other.
Customization
This addresses a company’s ability to configure the software to fit its specific use case and workflow.
- 7API for custom integration(24) Ratings
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.
- 7Plug-ins(19) Ratings
A number of third-party plug-ins are available to expand the core functionality of the software.
Security
This component helps a company minimize the security risks by controlling access to the software and its data, and encouraging best practices among users.
- 6.1Single sign-on capability(29) Ratings
The software system supports a centralized authentication mechanism allowing the user to access multiple systems with a single, centrally managed password.
- 7.1Role-based user permissions(36) Ratings
Permissions to perform actions or access or modify data are assigned to roles, which are then assigned to users, reducing complexity of administration.
Reporting & Analytics
Users can report on and analyze usage, performance, ROI, and/or other metrics of success.
- 7Dashboards(25) Ratings
Users can create, customize and share dashboards, which provide an overview of the most important metrics.
- 7Standard reports(35) Ratings
The software offers pre-built reports with metrics standard to the category.
- 6Custom reports(35) Ratings
Users can create custom reports.
General Ledger and Configurable Accounting
Financial management solution, including capabilities for general ledger and configurable accounting
- 6Accounts payable(41) Ratings
This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.
- 7Accounts receivable(32) Ratings
This includes the management and automation of invoices and collections, with features like statements, invoices, receipts, payment reminders, customer records, auto billing, and refund checks.
- 6Cash management(32) Ratings
The software provides a complete picture of a company’s cash flows, streamlines payment processing, and includes cash forecasting.
- 6Bank reconciliation(37) Ratings
The software connects to a company’s financial institutions in order to reconcile accounting records with checking, savings and credit card accounts. Often month and year closing capabilities are included.
- 7Expense management(27) Ratings
The software can log and track business expenses and reimbursements, including travel-related expenses, with the ability to tie them to particular projects.
- 7Time tracking(13) Ratings
The software can track billable and non-billable employee time by project.
- 6Fixed asset management(25) Ratings
This includes the ability to track fixed assets (e.g., laptops), including location, check-in and check-out, maintenance scheduling, audit history, specialized property tax period reports, cost and depreciation.
- 8Multi-currency support(17) Ratings
The software supports transactions across multiple currencies.
- 7Multi-division support(25) Ratings
The software is flexible and supports bookkeeping practices along multiple dimensions such as locations, branches or products.
- 6.1Regulations compliance(11) Ratings
The software helps users adhere to typical accounting standards and regulations such as IFRS, GASB, or GAAP.
- 7Electronic tax filing(11) Ratings
The software provides a full electronic interface for the filing of repeatable taxes, such as payroll or sales tax.
- 7Self-service portal(12) Ratings
The software provides online portals for certain stakeholders to find information relevant to them, such as employees, vendors and customers.
- 6Global Financial Support(7) Ratings
Account using multiple ledgers, multiple currencies, and multiple entities
- 7Primary and Secondary Ledgers(18) Ratings
Record and report across multiple currencies and accounting standards with primary and secondary ledgers
- 6Intercompany Accounting(16) Ratings
Automatically balance and reconcile GL for intercompany transactions
- 8Localizations(11) Ratings
Meet reporting requirements with country-specific localizations
- 7Journals and Reconciliations(22) Ratings
Automate and synchronize ledgers and processes
- 6.1Enterprise Accounting(14) Ratings
Create accounting for disconnected ERP and non-accounting source systems
- 7Configurable Accounting(14) Ratings
Configure accounting rules and segments for each chart of accounts
- 6Centralized Rules Framework(12) Ratings
Integrate disparate ERP and transactional systems into single ERP instance
- 7Standardized Processes(15) Ratings
Centralize financial management to facilitate standardized financial processes
Inventory Management
The ability to track and manage the flow of goods or materials into and out of an inventory.
- 7Inventory tracking(22) Ratings
The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.
- 6Automatic reordering(12) Ratings
The software can be set up to automatically reorder a good when it falls below a certain threshold.
- 8Location management(17) Ratings
The software can track multiple goods across multiple locations.
- 6Manufacturing module(13) Ratings
The software helps track and manage raw materials, work-in-progress items, and finished goods.
Order Management
The ability to process orders, and track them from quote to cash.
- 6Pricing(16) Ratings
Users can set up complex and unique pricing requirements.
- 7Order entry(19) Ratings
Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.
- 7Credit card processing(11) Ratings
The software facilitates credit card processing.
- 6Cost of goods sold(22) Ratings
The software calculates the direct costs attributable to a finished product, such as materials and labor, and includes roll-up pricing.
- 8Order Orchestration(7) Ratings
Define and execute order fulfillment processes for products as well as services on the same order.
- 7End-to-end order visibility(9) Ratings
Get updates on orders, inventory, shipments, planned supply, and invoices, and improve the quality of decisions through in-context analytics
- 6Order exception Resolution(5) Ratings
Monitor fulfillment tasks and resolve issues, view and evaluate varios options via what-if analysis and define and enforce change order rules
Product Details
- About
- Integrations
- Competitors
- Tech Details
- FAQs
What is Microsoft Dynamics GP?
Microsoft Dynamics GP Video
Microsoft Dynamics GP Integrations
Microsoft Dynamics GP Competitors
Microsoft Dynamics GP Technical Details
Operating Systems | Unspecified |
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Mobile Application | No |
Frequently Asked Questions
Comparisons
Compare with
Reviews and Ratings
(231)Attribute Ratings
Reviews
(1-20 of 20)GP good for big company
- Account capacity
- Reports and Smart Lists
- Lots of add-ons products
- 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
Microsoft Dynamics GP Review
- 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.
Dynamics GP Can Be a Useful Accounting/GL Solution
- 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.
Sturdy General Ledger
- 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.
MS Dynamics GP is a solid tool for any company (equipped with experienced accountants) looking for an on-premise solution.
New Hope GP Review
- Reporting
- Accounts Payable batch entry
- Microsoft support
- Annual licensing retainer stipulations
- Extremely complex table structures
- Version upgrade complexity
Great entry level ERP for your small/medium sized business
- 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.
Microsoft Dynamics GP is not my first choice
- It doesn't allow for easy access as it has restrictions placed on users. This allows for inputted information to retain it's integrity.
- It can be scheduled to import or export information from other systems cutting down on time spent configuring data.
- It is not very user-friendly.
- Very costly especially for customer support.
- Processes are complex with too many steps for completion.
Microsoft Dynamics GP
- Integration with Microsoft Excel for reporting and analysis
- Easy to navigate
- Great tools to pull and review financial information
- I love that they're starting to listen to the users more and incorporate changes based on what we ask for.
- There are a few quirky things but nothing that stands in the way of getting the job done.
- I would love to be able to control the size of the text within the entry windows.
Microsoft GP for your financial needs
- 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.
Microsoft Dynamics GP - Great for Small Businesses!
It is used across the entire organization. One of the problems that I have experienced is that it does not allow for users to delete previous entries into cards in direct deposit, and other areas like deductions. The accounts or information just shows as "inactive".
Also, it does not allow users to delete previous supervisor names and we are left with a list of names of managers that have been promoted, moved to a different department or are no longer with the company.
- I like that I can switch between employees when there are different windows open.
- I like that I can run various reports and save them for future viewing.
- I like the customization of GP and how it fits our organizations needs.
- The tax data entry is unnecessarily difficult.
- Having to click save and enter hire date and reason for change after each entry is very time consuming.
Microsoft Dynamics GP - Improved information
- Get information out though Smart List -- super easy.
- Import large data such as purchase card detail.
- Copy and paste short journal entries.
- Sometimes system gets hung up and takes a while to troubleshoot.
GP isn't perfect, but it is a very good product for its space!
- 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.
Microsoft GP
- Financial reporting is easy and can be done with the reports that are set up in the system.
- Payroll and time management is easy to manage in GP. The integrated time clock posts hours directly into GP. The steps to generate the payroll are short and easy.
- We found the sales order entry process to be cumbersome and requires too many steps to get the invoice posted and the documents for customer generated. We process many sales orders in a day and need a system that allows for quick entry and processing. This system did not meet that need.
- We have a fairly simple manufacturing process. The manufacturing module seemed to be geared to more technical and in depth processes and we were not able to find a way to fit it to our needs. We wanted a system that would allow the accounting to be as straightforward and basic as our manufacturing process is.
- Simplicity of exporting smartlists directly to Excel in order to quickly analyze data
- Ability to quickly import large journal entries as well as other data using integration manager
- Printable manuals make it easy when you want to look for how to do something specific
- Reporting and the ability to export reports to Excel; like a historical AP or AR aging; inventory reports
- Regarding inventory management GP is only adequate to support a distribution type of business or the most basic high level manufacturing
- It cannot be used in an advanced manufacturing environment; our company currently uses a third party inventory and planning module and will be searching for a replacement; as controller of the company I cannot defend the opinions from our Operations group that GP cannot handle our business without requiring a third party interface
GP comments
- Can set up intercompany transactions to enter on both sides with one journal entry, do not have to go into each company. Improved workflow process in this area.
- System controls-Can set up good interal controls for access to entities and can limit access by user type.
- Consoldiated Reporting-System allows for setting up Reporting Tree structure and different roll ups in the reporting tree
- Management reporter and the consolidated reporting process are somewhat clunky, not the easiest to use. Reports often need manual edits to make the presentation expereince better for end users.
- The system is not the most intuitive, have worked on other systmems such as MAS 500 or Epicor that are much easier to use.
- Missing functionality-the reporting function does not allow you to easily pull expense accounts across companies. Reporting is not the most robust.
How many entities before the reporting function is not effective?
Can you find qualified software support in your area at a reasonable price?
Great Software For Most Business Needs
- Budgeting
- General Ledger
- Management Reporter
- Report Manager
GP the best ERP: affordable and easy to deploy and use.
GP has been so flexible to adapt to the company requirements, even though we do not have experience in Dexterity where able to create new functionalities just using extender.
- Adaptability to new functionalites, easy to customize
- Easy to Integrate with other Third party software and a lot of third party software in teh market that integrates with GP
- Easy deployment for future upgrades
- Increase real-time data sharing and integrate business processes in any organtization
- Great reporting Tools , you can build reports from scratch and customize templates for specific individuals or groups to deliver information across the entire organization
- Improve the Vacation and Sick accruals calculation, basically we would like to have different options or schedule to setup the vacation and sick hours.
How will GP help to generate more revenue?
What is the Scalability for GP ?
What are the benefits we should see with GP ?
Great Plains Can Do Amazing Things
- It's ease of use is a plus for many people in my organization, the layout of the software is well received.
- The software is very flexible. We have a few 3rd party add-ons we have purchased and Microsoft is very supportive of having these add-ons to meet our needs.
- Great Plains offers a software developer kit (SDK) called eConnect that allows extensive importing through .Net programming into Great Plains. This flexibility has been great when the need to import large files on a regular basis.
- The support tools from an Admin stand point is great. Check links and reconcile are very good at fixing issue when they come up.
- Microsoft support is great. They fix the issue quickly and describe why it happened.
- A lot of document amounts can't be changed or updated, you have to delete them and recreate them if the total is wrong. This can cause a lot of extra hand keying of transactions if they mistyped them.
- Integration Manager is limited and would benefit in have more options available to the end user.
- Having a client application that ties into the server would be good. Currently we either remote into the server to access GP or use Citrix. It would be nice to have a way for users to access GP without Citrix or Remote Desktop.
Midwest Partner uses and sells Microsoft Dynamics GP
- GP is a great application to integrate other financial data to. The robustness of SQL helps GP adapt well to being able to integrate information.
- GP with SQL is great to be able to provide Business Intelligence and get that information out to the related parties instead of relying on your accounting team to get you that information.
- GP is always getting more functionality and moving with the times. Example in GP 2013 they released a web version so that you can access GP from any where, even a coffee shop!!
- The internal reporting to GP is very old school and would like to see a tighter integration to SSRS or other reporting tools. (There are add-ons that do this well, but having it built into GP would be great)
- Sometimes software packages put together by "developers" miss some of the simple things that "accountants" think of, and there are just some of those simple things that one has to just work around.
- Microsoft Dynamics GP is completely integrated. There is no need for additional products to handle payables, receivables, project accounting, field service, payroll, etc.
- The drill back capabilities within Microsoft Dynamics GP are phenomenal! There is no need to write down a journal entry number and then go find it, you let the system doing the drilling back for you to go from a journal entry all the way back to the initial transaction in the subledger.
- The reporting options from Microsoft Dynamics GP are endless. You can utilize any of the hundreds of reports built into the application or easily utilize SmartList to perform ad hoc queries of your data. If more robust reporting is needed, then SQL Reporting Services is available.
- Having an integration between Project Accounting and Field Service would be amazing! There are so many companies that have service technicians that perform work on a customer's contract but also have a need for project accounting functionality within that customer's contract. Right now those modules are separate so you either need to use one or duplicate some efforts if you need to use both.
- Microsoft Dynamics GP could do a better job documenting their new enhancements to the product. They realize great enhancements but the documentation about them, or new products, is lacking so it is difficult as a consultant to know everything a new feature can do for me and my customers.
- They could enhance their forecasting capabilities with a new forecasting tool within Management Reporter.