Perfect financial software for your small to mid-size business
Microsoft Dynamics SL is our primary financial software. We use this program for invoice entries, vendor information, purchase orders, …
Overview
What is 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…
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Popular Features
- Accounts payable (10)7.676%
- Single sign-on capability (9)7.474%
- Standard reports (9)7.171%
- Custom reports (9)6.161%
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What is 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.
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What is Microsoft Dynamics SL?
Microsoft Dynamics SL Integrations
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Microsoft Dynamics SL Technical Details
| Operating Systems | Unspecified |
|---|---|
| Mobile Application | No |
Frequently Asked Questions
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.
Reviewers rate Accounts payable highest, with a score of 7.6.
The most common users of Microsoft Dynamics SL are from Mid-sized Companies (51-1,000 employees).
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(68)Attribute Ratings
Reviews
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March 27, 2015
Microsoft 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.
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- 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.
They were both pretty easy to use, but I started using Microsoft Dynamics SL so it was a matter of knowing and becoming familiar with this program first. I became very accustomed to the modules and how to navigate the program.
5
They were the accounting department, which was made up of five people. Each had a different specialty, such as accounts payable and accounts receivable. Mine was accounts payable, where I would pay our overseas factories on a biweekly basis.
5
These were accounting and financial professionals who helped maintain the support of Microsoft Dynamics SL. They also had many years of experience with accounting and finance programs and technology.
- 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
Not Sure
- 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.
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.
Yes
It was resolved quickly. The issue at my last job was that the program would freeze up or close out automatically. It was quite frustrating, so I initially went to my former organization's IT department. When he couldn't reach a resolve, he was calling the support team. They were able to walk him through the issues and help him better assess the problem so that it could be prevented in the future.
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
December 18, 2014
Dynamics SL-The Right Choice for the Project-Based Organization
We 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.
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.
- 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.
We selected Dynamics SL because our business lives and dies by the success of our projects. A product that can tell you that you have a problem before you invoice, helps you get your project back on track much better. It's also much easier to evaluate across projects, tasks and project types-what you do well and where you need to improve.
21
Accounting, professional services providers, managers. We use most of the modules available.
8
We have people that do support for our Dynamics SL users so perhaps this is not a fair question for us. Just about everyone on the team can provide in-house support if we were to need it. We rarely do need it however as the software is stable for us.
- 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
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.
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
We are a professional services firm that implements Dynamics SL, Dynamics GP and Dynamics NAV so we did this ourselves as you would expect. The process was easy and painless in part because we understand the software so well and have such a broad team of support specialists to help with questions.
No
Change management was minimal
Because we had a process that worked and only needed the software to automate that process - we did not need to go through any organizational change to be successful. Our firm is only 21 people. When we do this for clients we do often document an "as is" and "to be" workflow so that we have a blue print before we start to build.
- 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.
No
We provide this support ourselves to users of Dynamics SL-so we don't need to buy it. The group that we speak to at Microsoft has a lot of experience and passion about doing a good job when we do need to contact them. We have over 100 years of Dynamics SL support experience so it is rare that we need to call Microsoft.
Yes
It depends on the severity of the problem. Serious problems get dealt with quickly. Issues where it is difficult to discern if the "bug" is really a design disagreement between what the user wants and what the software does obviously take longer. We can typically mitigate these differences with either a work around or some custom code for our clients.
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
It works great. It's built with HTML 5 so works on any browser, tablet, or phone. This was such a huge and needed improvement to Dynamics SL! we are very happy that Microsoft made this investment as people get crabby when it takes them too long to enter their time.
June 27, 2014
SL Review for Direct Sales Companies
We use SL to manage our warehouse operations, inventory, purchasing, ordering, and shipping functions.
Additionally, we also use SL in the Accounting Department for GL, AP, AR, and Fixed Assets (this is an add on module).
Additionally, we also use SL in the Accounting Department for GL, AP, AR, and Fixed Assets (this is an add on module).
- It is very robust in the Project Modules. There are many different ways to use Project functions and many companies like the flexibility of having it be stand alone or integrated with other modules.
- The web piece, Business Portal, is also a valuable asset to SL. While not having every function that the regular program has, BP allows users who may not need the full install to do day to day functions like time and expense entry, check reports, etc.
- The Accounting Modules are pretty straight forward. While SL itself is lacking in many of the standard reports, there are add on pieces to make this easier. FRx in versions past, and now BI360. Both are excellent options.
- A standard Fixed Assets module would be wonderful. While there is a piece out there as a third party, bringing that in house would be a giant step in the right direction.
- Process Manager can be cumbersome and difficult to use. There are many mysteries as to when it's going to process records, aside from the midnight. Additional options in set up to push types of jobs at specific intervals would be an amazing option to have, as well as perhaps a process flow somewhere of what it's looking for and priority that it's processing requests. Even Microsoft hasn't been able to answer all of this very well when asked for clarification!
- A more user friendly way to customize SL would be great. Seeing products like AX that have a more advanced customization piece in place makes me very envious. SL seems to be a little behind in keeping up with this.
- A mobile solution for a direct sales type company. We struggle with wanting consultants to go mobile, but the foundation isn't there for it to be done easily. From what I have seen, SL is behind in moving into the mobile era for retail businesses. It's possible but again requires third parties and getting the data back into SL can be clunky and tedious.
- 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.'
SL is lacking in various places for a direct sales type of company plan. Currently, we are looking into other options and have decided on Microsoft Dynamics AX as a solution. The move to AX will allow us to keep ordering in one system instead of two (right now we are forcing SL and another program to speak to each other = Giant mess), and it will also be a better springboard for getting us into a mobile app position with our consultants. Unfortunately, years of SL in this environment has not proven to be a good solution at this time, and we are moving in a different direction.
- Easy: Time and Expense Entry in Project.
- Easy: Basic Document creation in Financial Modules
- Easy: Running reports.
- Knowing which order to do what step in some of these modules can be tricky for someone who is not familiar with how SL works.
- Setting up Projects to integrate with the Financial Modules and getting all pieces in place for FTT to run properly.