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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-houseDynamics SL - A strong product for Now and the FutureMackay Communications, Inc deals in all phases of Marine Navigation and Communication systems as well as emergency satellite communication equipment and services. We use all the modules of Dynamics SL except the Project related modules. We use the product to track field service, sales, inventory, and purchasing for a world wide 24 hour a day business located in 7 countries. Using the multi-company features, we are able to use a single repository for Inventory, vendors, customers, sales and service activities.,Field service modules (dispatch, contracts and equipment tracking) work very well for us. Each service location has control of their operations, but their service information is visible across the company. Multi-company operations are a great benefit. We have 7 individual corporations operating in a single database. there is a single repository for shared information, allowing us to appear as a single seamless operation to our customers, while maintaining separate operational reports and separate and consolidated financial reporting. TCO is very competitive. We have invested less than 150 K in the Product and user licenses. Our annual fees for support are under 30 K. Dynamics SL has a strong independent Users Group. This resource is very valuable as I know people across the world that are a good forum for seeking answers. Customization Manager and the Visual Tools software development kit allows us to easily customize and extend the functionality to meet changing business requirements. We have created solutions for Inter-Company inventory transfers, multi-currency financial reporting and many small changes to enhance productivity,The field service module is not multi-currency compliant. I would like to have this feature added to the product in the near future. We have customized the modules to print in multiple currencies, but the underlying data is stored in a single base currency. Payroll reporting is weak. Workers compensation reporting needs a lot of work. We have outsourced the fulfillment of depository and tax reporting (W-2, tax deposits, reporting and filing. Financial reports (FRx and Management Reporter) are slow and cumbersome. We have built our own financial reports and reporting trees that are much faster and more flexible.,9,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.,,150,2,Customization and modification of the 'out of the box' programs. Using VBA and Customization Manager, there are few things that can not be modified and enhanced to adapt the software to the company. Software Development Kit: Although the users do now directly use this product, they see the enhancements that are provided by creating new screens and functionality. We have added over 50 new screens to the product. Shared resources (Customers, Vendors, Employees, Inventory Items, Dispatch, Reporting, ...) allows us to expand the number of company without 'Data Synchronization' headaches caused by products that do not let multiple companies reside in a common database.,We were able to customize the system to create a streamlined way to transfer and track inventory between companies, Implemented an extended notes feature that allow for multiple comments and notes that can be attached to any screen. Created out own Financial Reporting that is fast and responsive.,We plan to add more multi-currency reporting ans tracking features. Implementation of project accounting is in the short-term future. Mobile field service applications are also in the short-term future.,9,9,8,10Microsoft Dynamics SL - Power through FlexibilityDynamics SL is our Accounting and Financial Reporting engine for almost 200 companies in the US and Canada. Using Multi-Company allows us to centralize some processes (AP Checks for example) while allowing a very decentralized user base to perform local transaction activity. SL's flexible structure has allowed us to add companies and sub-accounts enabling us to grow from a $100 Million dollar company in 1999 when implemented to a $3 Billion dollar company at the end of 2014.,Ability to add companies, and sub-accounts on the fly allows for the growth of the system without conversions, and flexible reporting allows for the quick utilization of the data. Multi-Company allows for easy and automated data entry and reporting across multiple legal entities and business segments. Multi-Company also allows for easy centralization of business processes (AP check writing and Fixed Assets for example), while spreading data entry across the enterprise. Ability to Copy/Paste into Dynamics SL has always been a strength- especially from Excel. The additional power of being able to use Excel for a myriad of calculations, including complex allocations, and formatting the result into a JE to paste directly into the Journal Entry Screen has saved countless hours in data-entry, and made re-use of complex items very easy.,Built-in functionality for workflow/reviews/approvals could be improved. Better documentation of controls and reporting of the audit trail (think SOX). Better remote office, work from home capabilities (such as cloud bases SAAS) would help resolve security and speed/performance constraints.,8,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.,Epicor ERP,Microsoft Dynamics GP,sage,My 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,8Great for the Project/Service Oriented CompanyWe use Dynamics SL across our organization: Accounting, Order Processing, Shipping/Receiving, Purchasing, Engineering, and Manufacturing. SL addresses the need of sharing information between various functional groups and then making this information readily available in a variety of methods.,Built on a SQL Server back-end. SQL Server is fairly easy to use and integrates well with other Microsoft products, such as the Office suite of applications. Screen customization. It's relatively simple to customize existing screens to expose user fields and to modify field layouts to make screens fit the needs of different users. Familiar interface. Users appreciate the similarities between the look and function of SL screens and those of other Microsoft products, particularly Office.,Manufacturing. SL isn't a great product for discrete or process manufacturing. Built-in Reporting. The built-in reporting options, Crystal Reports, FRx, and SQL Server Reporting Services, are inadequate. You'll find, eventually, that you'll need a better reporting tool (after you tire of struggling with your own custom solutions). Planning. SL doesn't provide any built-in method for planning, budgeting, or forecasting. Thus, SL isn't great for Supply Chain Management either.,8,SL helps us to be an agile business. It can handle upturns and downturns without affecting staffing.Don't Just Sit There, Use Microsoft Dynamics SL Now!Microsoft Dynamics SL is being used throughout our whole company on a daily basis. It is used from service techs, to sales people, and to accounting. For example, I am in general ledger accounting in my company and I use this throughout the entire day. If it is making journal entries or looking up balance sheets and trial balances, it is easy to access each of these in a quickly and accurate fashion. I also use this to close the books each month for my company, making that part of my job easy and accurate as well.,Able to create and post journal entries accurately. Balance sheets and detail general ledgers formats are easy to look at which makes it easier to tie out everything at the end of each month. You can use it in many different departments. If it is tax, AR, AP, or general accounting. Makes everyone's job easier and accurate and we are all able to work together.,When the server is busy, it seems to slow down a lot and is sometimes hard to post transactions and look up information. If a problem goes wrong for some reason on one person's end, it could effect everyone in the office as everyone uses similar sources on Microsoft Dynamics SL. Applications I use on this seem to disappear from time to time. IT department seems to always find the error though.,8,Increased employee efficiency. Easy to tie reconciliations with bank statements. If you are off, it is easy to find where and why you are off. Able to see what others are posting in case you have questions on certain items.,QuickBooks ProWould 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
Unspecified
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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Reviews (1-17 of 17)

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Pamela Dalton profile photo
Score 7 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • 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.
Read Pamela Dalton's full review
No photo available
Score 4 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • 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.
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Marilyn McGeachy profile photo
June 08, 2016

Project Accounting

Score 9 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • 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.
Read Marilyn McGeachy's full review
John K. Hodge, CPA profile photo
Score 9 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • 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.
Read John K. Hodge, CPA's full review
Mark Schrier profile photo
Score 9 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • Field service modules (dispatch, contracts and equipment tracking) work very well for us. Each service location has control of their operations, but their service information is visible across the company.
  • Multi-company operations are a great benefit. We have 7 individual corporations operating in a single database. there is a single repository for shared information, allowing us to appear as a single seamless operation to our customers, while maintaining separate operational reports and separate and consolidated financial reporting.
  • TCO is very competitive. We have invested less than 150 K in the Product and user licenses. Our annual fees for support are under 30 K.
  • Dynamics SL has a strong independent Users Group. This resource is very valuable as I know people across the world that are a good forum for seeking answers.
  • Customization Manager and the Visual Tools software development kit allows us to easily customize and extend the functionality to meet changing business requirements. We have created solutions for Inter-Company inventory transfers, multi-currency financial reporting and many small changes to enhance productivity
  • The field service module is not multi-currency compliant. I would like to have this feature added to the product in the near future. We have customized the modules to print in multiple currencies, but the underlying data is stored in a single base currency.
  • Payroll reporting is weak. Workers compensation reporting needs a lot of work. We have outsourced the fulfillment of depository and tax reporting (W-2, tax deposits, reporting and filing.
  • Financial reports (FRx and Management Reporter) are slow and cumbersome. We have built our own financial reports and reporting trees that are much faster and more flexible.
Read Mark Schrier's full review
Jerry McLellan, CPA profile photo
Score 8 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • Ability to add companies, and sub-accounts on the fly allows for the growth of the system without conversions, and flexible reporting allows for the quick utilization of the data.
  • Multi-Company allows for easy and automated data entry and reporting across multiple legal entities and business segments.
  • Multi-Company also allows for easy centralization of business processes (AP check writing and Fixed Assets for example), while spreading data entry across the enterprise.
  • Ability to Copy/Paste into Dynamics SL has always been a strength- especially from Excel. The additional power of being able to use Excel for a myriad of calculations, including complex allocations, and formatting the result into a JE to paste directly into the Journal Entry Screen has saved countless hours in data-entry, and made re-use of complex items very easy.
  • Built-in functionality for workflow/reviews/approvals could be improved.
  • Better documentation of controls and reporting of the audit trail (think SOX).
  • Better remote office, work from home capabilities (such as cloud bases SAAS) would help resolve security and speed/performance constraints.
Read Jerry McLellan, CPA's full review
Jeffrey Morin profile photo
Score 10 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • 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.
Read Jeffrey Morin's full review
Jack Boyer profile photo
Score 9 out of 10
Vetted Review
Reseller
Review Source

Pros and Cons

  • 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.
Read Jack Boyer's full review
Bill Aiton profile photo
Score 9 out of 10
Vetted Review
Reseller
Review Source

Pros and Cons

  • 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.
Read Bill Aiton's full review
No photo available
Score 8 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • 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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No photo available
Score 8 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • Built on a SQL Server back-end. SQL Server is fairly easy to use and integrates well with other Microsoft products, such as the Office suite of applications.
  • Screen customization. It's relatively simple to customize existing screens to expose user fields and to modify field layouts to make screens fit the needs of different users.
  • Familiar interface. Users appreciate the similarities between the look and function of SL screens and those of other Microsoft products, particularly Office.
  • Manufacturing. SL isn't a great product for discrete or process manufacturing.
  • Built-in Reporting. The built-in reporting options, Crystal Reports, FRx, and SQL Server Reporting Services, are inadequate. You'll find, eventually, that you'll need a better reporting tool (after you tire of struggling with your own custom solutions).
  • Planning. SL doesn't provide any built-in method for planning, budgeting, or forecasting. Thus, SL isn't great for Supply Chain Management either.
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No photo available
Score 8 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • Able to create and post journal entries accurately.
  • Balance sheets and detail general ledgers formats are easy to look at which makes it easier to tie out everything at the end of each month.
  • You can use it in many different departments. If it is tax, AR, AP, or general accounting. Makes everyone's job easier and accurate and we are all able to work together.
  • When the server is busy, it seems to slow down a lot and is sometimes hard to post transactions and look up information.
  • If a problem goes wrong for some reason on one person's end, it could effect everyone in the office as everyone uses similar sources on Microsoft Dynamics SL.
  • Applications I use on this seem to disappear from time to time. IT department seems to always find the error though.
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No photo available
Score 2 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • 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
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No photo available
Score 7 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • 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.
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No photo available
July 05, 2014

Dynamics SL

Score 9 out of 10
Vetted Review
Reseller
Review Source

Pros and Cons

  • 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
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No photo available
Score 7 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • 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.
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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