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Microsoft Dynamics SL is one of the ERP products in the Dynamics family. This product was acquired from Solomon 2000. The product is typically used by SMBs, particularly in project-based businesses (e.g. construction). It has strong accounting and project management capabilities.https://media.trustradius.com/product-logos/Sr/7i/OTCTGZAJ1NQF.pngPerfect financial software for your small to mid-size businessMicrosoft Dynamics SL is our primary financial software. We use this program for invoice entries, vendor information, purchase orders, inventory management, weekly check runs, bank reconciliation, journal entries, general ledger management, profit and loss, trial balance reports, cash forecasting, annual 1099 forms, and all related monthly financial reporting. This program is predominantly used by our Accounting and Accounts Payable teams.,Easy to understand. The program can be taught t new users with no prior experience with minimal effort. Very thorough modules for all areas of financial reporting and analysis. Uncomplicated layout and maneuverability. The screens can be personalized for easy access to most frequently used modules.,Reports are created as Crystal Reports. These are not as dependable or dynamic as PDFs. The standard package can be somewhat limited. Modules can be added but are often cost prohibitive and simply don't seem to perform dependably. Tech support is costly and there is no sense of urgency. It would be helpful if there was an online user forum.,7,We have been able to downsize our Accounting Department, creating more efficiencies and less "downtime" within that department. We have been able to eliminate the need to outsource our IT department, thereby reducing a large budget item. We have the ability to create and modify custom reports within our package. We are "paper free" since all vendor documents, contracts, financial reports and purchase orders are digitally maintained in the program allowing us to archive as necessary.,Microsoft Dynamics GP, QuickBooks Enterprise Solutions and Sage 50 Accounting,Bitdefender Network Traffic Security AnalyticsDynamics SL 2011 - more to be desired!We currently use Dynamics SL as our sole accounting software. Only people within the accounting department have access to the software although we have a department who runs their own checks because of a unique specific function. However this department is reviewed and monitor by the finance department to ensure proper internal control. I have found Dynamics to be not very user friendly. The GL analysis function is quite lacking when comparing to other systems I've used in the past. In addition, the report writer again is not very user friendly and intuitive. Lastly, the sorting function uses coding language for the filters which makes training new users quite cumbersome.,Adequate layout of detailed general ledger report. Easy copy and paste feature for general ledger from Excel. Interacts well with certain Microsoft products and functionality.,Reporting features to provide more robust flexibility. Import features can be improved to be more user friendly. Interface can be improved to provide more access and edit to basic functions like print setup, setting up templates for reports, and user preferences. Better support packages and more training at reasonable pricing.,4,More time is spent on manipulating reports which can and should be automated. Lack of electronic invoicing process and other green technology features creates more cost on printing and storage costs. The lack of a user friendly interface requires more training and a bigger learning curve for staff.,Abila MIP Fund AccountingNon-profit's review of Microsoft Dynamics SLIt's used as our financial system. Used for functions like accounts payable, inventory, billing and general ledger.,Simple Configurable Affordable,Reporting is weak Not modern Security is complex,6,Nothing significant,Oracle PeopleSoft HCM and Oracle PeopleSoft SCMProject AccountingMicrosoft Dynamics SL is used for project management and financial reporting. It is used across the organization. The financial modules provide general ledger details and reporting along with payroll being processed for projects and management.,Project accounting is linked to the Financial modules - there is no need to duplicate data entry. Reporting in Project Modules is extensive. Validation of fields for data entry and solid integrity of data. Customizations of screens for data entry for users and addition of fields.,Purchasing does not have a budget validation to warn or stop a purchase from going over budget on a project level. Project budgeting does not have an interface with inventory ids. Financial modules could have more quick vewing screens for example a quick way to find the check no. of an invoice.,9,Project data is updated quickly and reporting tools available for management daily.,,1,1,Vendor implemented,1,1,1,1Dynamics SL For Project and Crew Based AccountingWe are using it for project and crew based cost accounting in one of our utility contracting companies and are in the process of rolling out the system to another one of our largest companies. Eventually, all companies under the holding company will deploy Dynamics SL as their ERP system as well as the parent company. The parent company will perform cross company consolidations.,Provides flexibility for complex project based cost accounting Strong and flexible allocation processer for cost allocations, markups, and pricing A "Flexible Billing" module under the project controller series that allows for multiple billing formats ranging from fixed price schedule of values, T&M or Cost Plus, and scheduled billing. Flexible reporting with options using Crystal Reports, SSRS, a Quick Query tool, and ability to tie into MS Office tools such as MS Access and MS Excel Tight integration with Financials, but also the ability to integrate with modules such as Sales Order, Inventory, and Field Service Customization abilities ranging from a VBA (visual basic for application) foundation to allow customizing existing forms to the ability to use the SDK (Software Development Kit) to build more complex customizations that integrate with Dynamics SL.,Incorporate some functionality provided by third party products into the core product. Since Dynamics SL has strong multi company capabilities, incorporate functions to secure projects within a company to certain groups. Improve the budgeting, forecasting, and change order interfaces so that the tools are more online. Improve the forecasting capabilities to include more robust and integrated tie in to the project EAC/ETC (Estimate at Completion/Estimate to Complete) numbers. This would allow project revenue/margin/cash forecasting. Expand on the subtask concept Improve the interface for multi level rate entry for pricing and cost allocations such that more security can be applied and reduce risk of inadvertent changes.,9,Faster Closing Cycle Improved Reconciliation Tools Accurate and Timely Revenue Recognition,,Implemented in-house
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Microsoft Dynamics SL
53 Ratings
Score 6.7 out of 101
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Microsoft Dynamics SL Reviews

Microsoft Dynamics SL
53 Ratings
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Score 6.7 out of 101
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Pamela Dalton profile photo
May 13, 2019

Microsoft Dynamics SL Review: "Perfect financial software for your small to mid-size business"

Score 7 out of 10
Vetted Review
Verified User
Review Source

Return on Investment

  • We have been able to downsize our Accounting Department, creating more efficiencies and less "downtime" within that department.
  • We have been able to eliminate the need to outsource our IT department, thereby reducing a large budget item.
  • We have the ability to create and modify custom reports within our package.
  • We are "paper free" since all vendor documents, contracts, financial reports and purchase orders are digitally maintained in the program allowing us to archive as necessary.
Read Pamela Dalton's full review
No photo available
December 03, 2018

Microsoft Dynamics SL Review: "Dynamics SL 2011 - more to be desired!"

Score 4 out of 10
Vetted Review
Verified User
Review Source

Return on Investment

  • More time is spent on manipulating reports which can and should be automated.
  • Lack of electronic invoicing process and other green technology features creates more cost on printing and storage costs.
  • The lack of a user friendly interface requires more training and a bigger learning curve for staff.
Read this authenticated review
Mark Schrier profile photo
September 30, 2015

Microsoft Dynamics SL Review: "Dynamics SL - A strong product for Now and the Future"

Score 9 out of 10
Vetted Review
Verified User
Review Source

Return on Investment

  • Through tracking productivity gains, in 2012 improvements to the system (customization and business rule enforcement) saved over 1200 hours of employee time. These changes contributed the same effect to the bottom line as increasing sales by 2,000,000 dollars. We had a similar result in 2013.
  • Since we can produce changes to the system and new functionality, we are more responsive to the changing needs of an expanding global business. We have been able to fulfill the invoicing and reporting needs of each country in which we do business.
Read Mark Schrier's full review
Jerry McLellan, CPA profile photo
August 19, 2015

Review: "Microsoft Dynamics SL - Power through Flexibility"

Score 8 out of 10
Vetted Review
Verified User
Review Source

Return on Investment

  • Centralization capabilities have allowed the corporate accounting team to remain relatively small as the field locations have been added, keeping headcount manageable.
  • Ease of integrations and access to data for reporting has allowed growth outside of core accounting.
Read Jerry McLellan, CPA's full review
Jeffrey Morin profile photo
April 03, 2015

"My 17 year review of Microsoft Dynamics SL is nothing but POSITIVE!"

Score 10 out of 10
Vetted Review
Verified User
Review Source

Return on Investment

  • With the switch to SL 2011 and the use of the Business Portal or APPS we were able to eliminate employee time and effort to data enter what we need for project management. We have been able to drop that admin time by roughly 3 FTEs corporate wide one of which was a full time accounting professional.
  • Training time on this product has been streamlined with out of the box functionality. We get better use and greater consistence of data within the structure that we put in place, from drop down lists to tables restricting data entry to what we want to measure. Overall with the uploading of data from 1975 we have a full scope of project information to review as needed in this product. You cannot ask for more than that.
  • Data structure is so strong within this product that when we need to pull it out into Excel we know exactly where it lies and how to access. IF we were ever to migrate to some other software, we know what we need and where it is. But since we have been on this product since 1999, I think we will stay.
  • Microsoft Dynamics SL has a fantastic USER GROUP that allows me to connect with others in the industry to learn from them and share what I know. I am a strong believer in this power and this product offers just what I need in user group meetings.
Read Jeffrey Morin's full review
Jack Boyer profile photo
December 18, 2014

Microsoft Dynamics SL Review: "Dynamics SL-The Right Choice for the Project-Based Organization"

Score 9 out of 10
Vetted Review
Reseller
Review Source

Return on Investment

  • Less time needs to be invested to create invoices from timecards.
  • Project profitability is right there for you to review as the whole product is "project-centric"-we do less of the work that tends to lose us money and more lucrative work.
  • The ease with which we are able to hide unwanted fields makes data entry simple.
  • The intuitive naming of the tables makes report writing much easier than most accounting/ERP products.
Read Jack Boyer's full review
Bill Aiton profile photo
June 27, 2014

Microsoft Dynamics SL: "Dynamics SL Partner Review"

Score 9 out of 10
Vetted Review
Reseller
Review Source

Return on Investment

  • Dramatic improvement in our ability to judge the profitability of jobs.
  • Lots of improvements in delivering invoices and statements to customers.
  • Automated AP approvals and imaging made our last tax audit a breeze.
  • Ease of reporting data is a big plus. Financial statements with drill down capability are very useful.
  • One integrated system means less data moving around and more real time information.
  • EFT payments, email statements and live linked Excel charts have improved our efficency
  • Too many more to name.
Read Bill Aiton's full review
No photo available
March 27, 2015

Review: "Microsoft Dynamics SL is quite dynamic!"

Score 8 out of 10
Vetted Review
Verified User
Review Source

Return on Investment

  • Increased employee efficiency. While using this program, I was able to complete payments to factories pretty seamlessly. I just had to select the invoice that was getting paid, and include it in the batch for payment.
  • Better customer service. I was able to better communicate with factories what was owed to them and why by entering the debit or credit notes and adding them to the batch to submit for payment.
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July 21, 2014

Review: "Aside from Integration and Reporting, Microsoft Dynamics SL is a Good Small Business Solution"

Score 7 out of 10
Vetted Review
Verified User
Review Source

Return on Investment

  • Since our company is relatively small, Dynamics has been a good option for us since we need a package that is more complex and robust than something like QuickBooks, but we aren't big enough to warrant spending all the money on a solution like Oracle or SAP. The overall return on investment has been good.
Read this authenticated review
No photo available
June 27, 2014

Microsoft Dynamics SL: "SL Review for Direct Sales Companies"

Score 7 out of 10
Vetted Review
Verified User
Review Source

Return on Investment

  • We paid a partner an obscene amount of money for an upgrade almost a year ago, and almost every part of it has gone badly. We are STILL finding problems that didn't exist before the upgrade happened. Our partner has been somewhat attentive at certain issues, and not at all with others. It's been very frustrating to shell out more funds for support and still having problems that we were told would be 'fixed.'
Read this authenticated review

Feature Scorecard Summary

Pay calculation (2)
9.6
Direct deposit files (1)
9
Reimbursement management (1)
7
API for custom integration (6)
6.0
Plug-ins (4)
6.0
Single sign-on capability (9)
6.0
Role-based user permissions (8)
6.2
Dashboards (5)
5.0
Standard reports (9)
5.3
Custom reports (9)
4.3
Accounts payable (10)
6.9
Accounts receivable (7)
6.0
Global Financial Support (1)
6
Primary and Secondary Ledgers (3)
6.1
Intercompany Accounting (3)
5.2
Localizations (2)
3.2
Journals and Reconciliations (3)
6.3
Enterprise Accounting (2)
7.0
Configurable Accounting (2)
6.6
Centralized Rules Framework (1)
8
Standardized Processes (2)
5.5
Inventory tracking (5)
6.0
Location management (2)
1.0
Manufacturing module (2)
6.0
Pricing (2)
6.0
Order entry (3)
6.0
Credit card processing (2)
7.0
Cost of goods sold (2)
7.0
End-to-end order visibility (1)
8
Order exception Resolution (1)
6
Automated Invoice Processing (2)
3.6
Shared Services Payments (1)
6
Billings Management (1)
6
Customer Receipt Applications (1)
5
Customer Collections (1)
6
Revenue Recognition (2)
4.2
Cash Management (3)
5.4
Asset Management (3)
5.5
Travel & Expense Management (1)
5
Budgetary Control & Encumbrance Accounting (2)
4.5
Period Close (3)
6.0
Transactions Tax (2)
7.0
Subledger Reconciliations (3)
5.2
3rd Party Accounting Systems (1)
7
Budgeting and Forecasting (3)
5.6
Project Costing (3)
4.9
Cost Capture (2)
3.6
Capital Project Management (1)
8
Customer Invoicing (1)
5
Project Revenue Recognition (1)
2
Project Financial Performance Analysis (2)
4.2
Project Financials Dashboard (1)
2
Real-time Financial Reporting (3)
4.6
Award Lifecycle Management (1)
6
Spending Control (1)
6
Billing (1)
7
Production Management (1)
6
Inventory Planning (1)
6

About Microsoft Dynamics SL

Microsoft Dynamics SL is one of the ERP products in the Dynamics family.

This product was acquired from Solomon 2000.

The product is typically used by SMBs, particularly in project-based businesses (e.g. construction). It has strong accounting and project management capabilities.

Microsoft Dynamics SL Integrations

Microsoft Dynamics SL Competitors

Microsoft Dynamics SL Technical Details

Operating Systems: Unspecified
Mobile Application:No