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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.pngDynamics SL-The Right Choice for the Project-Based OrganizationWe are a professional services firm mostly with client billings of time making up 70-80% of our revenues. Creating billing transactions from timecards based on many different rules that are sometimes client based, task based, project based or even fixed price-make for the need for some capable software. We are much happier with the web apps having moved off of the business portal time entry tool which was extremely slow and time consuming. We use Dynamics SL across the whole organization and everyone enters a timecard. We use the software for expense reporting and evaluating which were good projects and bad, which tasks were good and which were bad. We use the software to help us make better estimates on future similar projects. We've used Dynamics SL the entire 20 years we've been in business and really love it.,Facilitates Time Entry from any device. Facilitates billing with "Allocator" which is really a transaction creator-creating billing records from time cards using unique rules Simplifies the review of draft invoices-making transactions not ready to be billed yet default to the next billing period so revenue does not "leak".,When we have a lot of invoices rather than just a few large invoices, we can be frustrated by how long it takes Flexible Billings to generate a lot of invoices It would be nice if Dynamics SL had an easy integration to some of the nicer salestax tools such as Avalara and CCH. It would be nice if the fixed assets module and electronic banking were not third party.,9,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.,,10,21,8,Time Card Entry Time Card Approval Billing transactions that get generated automatically from time cards.,We charge trip charges based on distance to clients offices in Flexible Billings We've created SQL Reporting Services reports that red, yellow and green light utilization from services professionals on the team. We use Quick Queries to fetch worked, billed, and realized time for all.,We could use the purchasing and inventory modules better We could integrate with nice requisitions products such as Paramount's Workplace. We could share our nice project accounting data with clients on a portal that is part of SharePoint.,No,Price Product Features Product Usability Prior Experience with the Product Vendor Reputation,We are happy with where we ended up. I would not change anything. We were thorough and practical and have a solution that does not take us a lot of time to do our work.,Implemented in-house Professional services company,No,Change management was minimal,Finding time to work on it while doing the rest of our work Configuring the allocator module to default exactly what we needed into the draft invoices Getting every one to enter time weekly-no exceptions.,10,No,10,Yes,We have gotten tremendous support from Microsoft on all 3 products-not just Dynamics SL but Dynamics NAV and Dynamics GP as well. I would say that Microsoft goes the extra mile in that they will even help debug a partner's code rather than just say "it's your fault-deal with it". This is rare for us but is happening now and we are getting the help we need for a very large Dynamics SL client.,Integrating sales order lines with project revenue and costs is unmatched. Having project costs and revenues entered from any screen is extremely handy. You can make a Journal Entry to a project-updating both project and task Hiding fields, making fields required, even creating your own screens and reports with the toolset are easy relative to most accounting software/ERP solutions.,Archiving data to a data warehouse if custom tables and custom programs have been added. Transaction Import is not quite as easy to use as other transaction importing tools-but it's free. Modifying some of the project accounting reports in Crystal is a bit difficult at times.,Yes,10,9Microsoft Dynamics SL is quite dynamic!Currently, it is not being used at my organization. It was highly utilized at my last organization, where I worked for 3 years. It was predominantly used within the finance and accounting department, where we used it to keep track of our G/L accounts as well as make debit and credit adjustments to our factories overseas. It helped us keep track of what we owe and what is to be paid out to us.,Easy to create debits and credits to applicable accounts. Easy to keep track of payments, which can be seen on the easy to access Aging report. Easy top view line items of each transaction made to each account,Difficult to reverse an incorrect entry. Difficult to complete some tasks without authorization to certain modules. Would freeze up a lot, and would therefore have to start over.,8,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.,QuickBooks Pro,5,5,Helped us figure out what invoices were due or past due. Helped us reconcile our accounts Helped us keep track of what we were owed and what we owed other factories.,Helped us chase factories when we received a short payment,Continue to help keep track of our books,1,Not Sure,Product Features Product Usability,I didn't have any say in the purchase and use of this product, but I am glad I was able to have such a great experience getting to use and become familiar with this program. It gave me a much better understanding on how this financial technology is so necessary in business.,Implemented in-house,No,How to switch modules to fully utilize the system. How to receive further authorization to modules.,9,10,Yes,When our program froze, they were extremely capable of helping to resolve the problem. They told us that it was a bug and to resolve the issue the program just had to be reinstalled and the computers rebooted. Once that was complete, the program was working like new. The support team was extremely gracious and cared about the issue at hand and the progress we made.,Creating debit or credit adjustments Creating batches for payment Downloading and printing the aging report,Deleting incorrect debit or credit notes Deleting already printed checks,8Unspecified
Microsoft Dynamics SL
53 Ratings
Score 6.6 out of 101
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Microsoft Dynamics SL Reviews

Microsoft Dynamics SL
53 Ratings
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Score 6.6 out of 101

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Score 9 out of 10
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Key Differentiators

  • Price
  • Product Features
  • Product Usability
  • Prior Experience with the Product
  • Vendor Reputation
Ease of converting time cards to draft invoices was probably most important to us. This is how we make money and we don't want our managers having to invest a lot of time on admin work when they can have a tool that does most of the work here automatically.
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Score 8 out of 10
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  • Product Features
  • Product Usability
This program was used before I worked for my former organization. I feel that based on the price and the usability of this product, they were able to adapt it and utilize it right away. It was extremely applicable to keep tabs on our books, especially considering the industry they are in.
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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)
6.1
Role-based user permissions (8)
5.9
Dashboards (5)
5.1
Standard reports (9)
5.2
Custom reports (9)
4.2
Accounts payable (10)
6.7
Accounts receivable (7)
6.0
Global Financial Support (1)
6
Primary and Secondary Ledgers (3)
5.9
Intercompany Accounting (3)
4.9
Localizations (2)
2.7
Journals and Reconciliations (3)
6.2
Enterprise Accounting (2)
7.0
Configurable Accounting (2)
6.8
Centralized Rules Framework (1)
8
Standardized Processes (2)
5.6
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)
3.0
Shared Services Payments (1)
6
Billings Management (1)
6
Customer Receipt Applications (1)
5
Customer Collections (1)
6
Revenue Recognition (2)
3.7
Cash Management (3)
5.5
Asset Management (3)
5.3
Travel & Expense Management (1)
5
Budgetary Control & Encumbrance Accounting (2)
4.6
Period Close (3)
6.1
Transactions Tax (2)
7.0
Subledger Reconciliations (3)
4.9
3rd Party Accounting Systems (1)
7
Budgeting and Forecasting (3)
5.6
Project Costing (3)
4.8
Cost Capture (2)
3.0
Capital Project Management (1)
8
Customer Invoicing (1)
5
Project Revenue Recognition (1)
2
Project Financial Performance Analysis (2)
3.7
Project Financials Dashboard (1)
2
Real-time Financial Reporting (3)
4.7
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