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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.pngMy 17 year review of Microsoft Dynamics SL is nothing but POSITIVE!We use Microsoft Dynamics SL as our financial software handling all accounting operations, from daily AP, AR, to GL and as a financial reporting base. We also use the project module to manage our projects. Everything we do in our operation is project centric and this software gives access to all staff on every aspect of each and every project, from hours, to expenses, revenue and AR. We use the core of SL in accounting with each of four accounting/HR staff members having an installed version on our computers. We have eight offices around the country from coast to coast, central and south. Each office has access to our Business Portal or Apps to enter projects, time, expenses and to review each project. We have complete transparency of operations in daily project information. Accessibility is extremely important to our continued success in managing projects. We came from a good number of users all accessing "Solomon" directly to the light user version and we could not be more pleased with performance and daily use.,AP, AR and GL processing is straight forward and quite efficient. Period posting is a great control of operations. Project setup is quite easy for users, as is review and analysis. We manage by budget for each project and have never had an issue or need for additional information Time and Expense capturing by employees is painless and efficient. This is highly important to a project centric organization. It meets our needs and users are content.,Reporting in the Project module is lacking functionality. I understand that most companies have specific needs when it comes to tracking project information but the standard reports are not good. I would recommend a product like Management Reporter that is for Projects only. Project Reporter should allow users to pull in all Project related data into reports. Fixing suspended batches. Obviously all of us users have experienced this mess. SL knows what needs to be corrected and there could be some step by step fixes in a separate repair module to do the steps we do in Query Analyzer.,10,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.,,100,1,Project review and analysis for budget to actual and expenses. AR review on each project and with the DocShare feature everyone in the company has access to all invoices generated - JUST IN CASE there are AR issues. And of course we all know that is never a need! :) Time and Expense review and approval by management can be done in the office and remotely with the Business Portal and/or Apps.,With the use of the Business Portal we have been able to setup Docshare giving access to project invoices. We have also added all our dashboard reporting to the portal and use it as our hub. We have been able to access all project data in Excel views allowing us to dig into operations with great detail.,Once the apps are all there, we hope to expand accessibility to our product to the managers and staff who spend most of their time out of the office on the road. Though we can access via VPN the apps look promising.,10Dynamics 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,10,9Dynamics SL Partner ReviewDynamics SL is used by our firm to do all accounting, payables, receivables, billing, project accounting and financials. We use many add on products since we resell this product and support over 200 customer users. It gives us experience on what works well to solve our problems and our customer needs.,SL Dynamics has a deep background in project costing. For over 15 years, the product has focused on this type of business and added deep functionality. We have many government contractor and other professional services firms that run their business a project at a time and SL is a great fit. SL also has strong multi company accounting capability. One of our customers has 52 entities. Due to and Due From accounting is automatically managed. Cost allocations to entities is quite strong. Users can work in more than one company at a time. SL also has deep functionality for distributors. Inventory, Sales order and purchasing are quite strong. For firms that have inventory and also are project oriented, it is one of the few products that manage both functions in a single system. Core financial accounting is also strong and there are many add on products that enhance the capability of the product.,Because the product has been used in Windows since the mid-90s, there is a lot of feature depth. This sometimes gets in the way of customers with simple needs. Training can usually address this concern. The application is client server at this time, so it can be hosted in the cloud using Terminal Services. Web enabled functions are starting to be released in the last year and more are to come, so in a few years, the product will be browser based. The payroll module (used by less than 10% of our customers) could be easier to use and needs some new features, but it is a 3.5 out of 5. Microsoft doesn't have a good budget solution, but there are good products from Solver (BI360) that do a great job of addressing complex budgeting needs. The main reports in SL are Crystal and SSRS. Third party tools for simple reporting are available to help get data out. The new Smart Reports address this need also.,9,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.,,10,12,3,Project costing and analysis Corporate financials Expense reimbursements to employees Email distribution of invoices and statements Inventory and product billing,Excel reports for Top customers by year and all to date Completely paperless expense reports with EFT payments direct to employee banks accounts Project alerts and other alerts for out of bounds conditions and proactive analysis Cloud deployment with no on site servers or equipment/software.,More integrated document storage and approval Web based budgeting system Automated email distributions of statements to internal Project Managers and Executives based on past due automated testing Additional alerts to internal staff.,Yes,8,Yes,SSi Consulting (my firm) has an assigned Escalation Manager at Microsoft. We don't have to use them often, but when necessary, they can bring a team to focus on a customer problem and solve it quickly. It can be very helpful.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.,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,8Would not purchase SL todayIt is being used for AP/AR in Accounting; users are in more departments than just Acctg. (For example, I am in Land). We were using QuickBooks and this was supposed to streamline our processes and handle more payees. The reporting capabilities were supposed to be great; they are not turning out to be even remotely sufficient for what we need.,It is sufficient to process AP It is sufficient to process POs,The reporting functions should be much more robust We have too many glitches and work - arounds Our support has been minimally effective The licenses are too expensive for the quality of the product,2,Not my question to answer for our company.,,14,1,AP/AR POs Reporting,2,Vendor implemented,6Aside from Integration and Reporting, Microsoft Dynamics SL is a Good Small Business SolutionIt is used by the accounting department for Accounts Payable, Accounts Receivable, General Ledger entries, and is integrated with a quoting system for sales invoice creation.,Controls - Administrators can set very specific user roles and allow access to only the modules and screens that an employee needs. As far as accounting controls, the system does not allow you do delete items, manually adjust sub-ledgers, or other things that might raise red flags to auditors. Multi-Currency - We use three different currencies, and Dynamics allows us to easily create journal entries, raise sales invoices, and receive payments in any of those currencies. The system automatically converts other currencies to the home currency for reporting purposes based on Fx rates that you enter each month. Any payments received in other currencies are applied to the invoice and then any gain or loss on the exchange is automatically booked to the Realized Gain/Loss account. Subaccounts - Subaccounts/Classes/Dimensions are easy to set up for each GL account. You can control the combinations of subaccounts and accounts that are used to prevent users from accidentally keying invalid combinations. You can run reports on subaccounts to see all revenue or expenses for a specific subaccount.,Not Intuitive - A lot of the functionality of Dynamics is not intuitive. For example, when you are on a field where you can enter information from a pick list, you have to hit F3 to show the list. Once you get used to it, it's no big deal, but the initial learning curve is pretty high if you are trying to learn it on your own. Reporting - The reporting feature is another area that is just not intuitive. There are a lot of canned reports that are separated by module, but you have to know how to use the feature to even get a basic report to work properly. I've been on the system for almost 10 years and I there are still some basic reports that I struggle to run if they're not ones that I use regularly (ex. an Aged A/R or customer statement for a single customer). The export to Excel leaves a lot to desire as well since the reports always have to be reformatted manually to even be usable. Integration with other Systems - We use a separate CRM and quoting system to track customers and create sales quotes. Once the quotes are created, they have to be imported into Dynamics using a integration tool. The import crashes frequently and there are a lot of bugs. Sales Tax - Dynamics does allow for the use of sales tax, but it is not very robust. We use a third party to import sales tax rates every month. Our sales tax is a little more complex than what the system can handle so we end up doing a lot of manual adjustments and double check every invoice before it is processed.,7,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.,QuickBooks Online,QuickBooks Pro,FinancialForce Accounting,4Dynamics SLWe are resellers and consultants for Dynamics SL. We support clients in the Professional Services, Bio-Pharma, Insurance, Distribution, Financial Services and Manufacturing industries. Dynamics SL provides Middle Market companies a scalable ERP system that is easy to customize. It's flexibility allows companies numerous options to configure to system to their needs and reporting requirements.,General ledger allows users great flexibility to define the subaccounts. This allows information to be tracked & reported in a variety of ways depending on the needs of the organization. the subaccounts could be used to track departments, regions, locations, etc. Dynamics Sl has a strong and flexible Project Accounting system that integrates with the Financial Accounting system Dynamics SL is easy to customize allowing for integrations with other systems Dynamics SL uses industry standard SSRS and Crystal Reports for reports Dynamics SL accepts transactions entered in foreign currencies. The system automatically convents these transactions into the reporting currency. Currency gains & losses are automatically calculated by the system. Dynamics SL supports multi-company environments. The system will automatically calculate the due-to - due-from entries and post to the appropriate entity,The Cash manager account reconciliation process is very cumbersome. General Ledger transaction drill down should expand to all modules. Currently it is available to only AP and AR. Purchase order Receipt batch numbers must be consistent between General Ledger in Inventory. Assigning two different batch numbers to the same transaction is ridiculous. Microsoft took the easy way out of this issue creating a tracking nightmare for purchase receipts,9,n/a, we are resellers,QuickBooks Enterprise Solutions,9,Professional services company,Yes,Change management was a big part of the implementation and was well-handled,Gap Analysis User training and participation in the UAT User acceptance of the new software,9,No,1,Yes,No, unfortunately I can not. Many times you have to push the representative to acknowledge that it is a problem with the product.SL Review for Direct Sales CompaniesWe 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).,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.,7,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.',,1,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.,8
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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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Score 9 out of 10
Vetted Review
Reseller
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Likelihood to Renew

10
Dynamics SL requires very little maintenance for us in part because we set it up correctly and partly because we stay current with the releases.

We have a lot of Dynamics SL experience on staff so if anything bad were to happen we could fix it right away. Fortunately this has not happen in a long time. Microsoft has improved the testing process on this product so that service packs and new version are cleaner.
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Score 2 out of 10
Vetted Review
Verified User
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Likelihood to Renew

2
The cost - benefit ratio is weak. And when I way benefit, I mean not just money, but time. We waste a lot of time dealing with SL's issues.
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Score 7 out of 10
Vetted Review
Verified User
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Likelihood to Renew

4
Unfortunately, Dynamics' lack of ability to smoothly integrate with our CRM system is causing us to look at other solutions. The efficiencies that we gain by using Dynamics for our day to day accounting are lost in the constant headaches of getting sales quotes to import properly into the system for invoicing. Another major issue for us has been budgeting and reporting. We currently do all of our budgeting and board reporting in Excel, which is too time consuming and inefficient, especially when a system as robust as Dynamics should easily be able to handle this relatively simple task.
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July 05, 2014

Dynamics SL

Score 9 out of 10
Vetted Review
Reseller
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Likelihood to Renew

9
It is a well established erp system supported by Microsoft. Microsoft is constantly looking to improve the product.
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Score 7 out of 10
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1
We are already in the works of moving to Microsoft Dynamics AX. This is purely a company decision, as I have worked with SL for a very long time and I am familiar with many of it's positive functions. Unfortunately, for the company at this time, SL is not meeting our needs and therefore we have decided to move to a different system entirely.
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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)
6.0
Role-based user permissions (8)
5.9
Dashboards (5)
5.1
Standard reports (9)
5.2
Custom reports (9)
4.2
Accounts payable (10)
6.8
Accounts receivable (7)
6.0
Global Financial Support (1)
6
Primary and Secondary Ledgers (3)
5.9
Intercompany Accounting (3)
4.9
Localizations (2)
2.8
Journals and Reconciliations (3)
6.2
Enterprise Accounting (2)
7.0
Configurable Accounting (2)
6.7
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)
3.1
Shared Services Payments (1)
6
Billings Management (1)
6
Customer Receipt Applications (1)
5
Customer Collections (1)
6
Revenue Recognition (2)
3.8
Cash Management (3)
5.5
Asset Management (3)
5.4
Travel & Expense Management (1)
5
Budgetary Control & Encumbrance Accounting (2)
4.6
Period Close (3)
6.0
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)
3.1
Capital Project Management (1)
8
Customer Invoicing (1)
5
Project Revenue Recognition (1)
2
Project Financial Performance Analysis (2)
3.8
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