Dynamics GP for Lease Accounting
Alan Tillman | TrustRadius Reviewer
February 11, 2019

Dynamics GP for Lease Accounting

Score 8 out of 10
Vetted Review
Verified User
Review Source

Overall Satisfaction with Microsoft Dynamics GP

Dynamics GP is currently being used by a few people in our organization to track the accounting for our business. It does a great job of recording leasing, repossession, and sales, along with our payroll and organizational expenses. Through the use of third-party software, we are able to integrate it into our leasing software and it does most of the accounting work for us.
  • Integration with other products.
  • Recording of leasing, repossession, and sales transactions.
  • I have not used a lot of accounting software in the past, just QuickBooks years ago, so as far as my knowledge goes is it easy enough to use and does the job it is intended to do.
  • Most of what goes into Dynamics at our organization is done automatically through other programs. It has been great for our general accounting needs, which can get complicated with the types of transactions we have.
  • It has been very useful in reporting specific metrics used to show company value to prospective investors.
My recollection of QuickBooks Pro isn't great, and it was over 10 years ago. Obviously many things have changed in that time frame, so any comparison would likely not be relevant.
Dynamics GP works great for our type of business, which requires up to date information and recording of leasing, repossessions, and sales transactions. I don't know of any areas where the program falls short to pinpoint inappropriate uses.

Microsoft Dynamics GP Feature Ratings

Accounts payable
10
Accounts receivable
10
Cash management
10
Bank reconciliation
10
Expense management
10
Time tracking
Not Rated
Fixed asset management
10
Multi-currency support
Not Rated
Multi-division support
Not Rated
Regulations compliance
Not Rated
Electronic tax filing
8
Self-service portal
8
Global Financial Support
Not Rated
Primary and Secondary Ledgers
8
Intercompany Accounting
Not Rated
Localizations
Not Rated
Journals and Reconciliations
10
Enterprise Accounting
10
Configurable Accounting
10
Centralized Rules Framework
8
Standardized Processes
10
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Manufacturing module
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
Cost of goods sold
Not Rated
Order Orchestration
Not Rated
End-to-end order visibility
Not Rated
Order exception Resolution
Not Rated
Pay calculation
10
Benefit plan administration
Not Rated
Direct deposit files
10
Salary revision and increment management
10
Reimbursement management
10
Dashboards
Not Rated
Standard reports
Not Rated
Custom reports
Not Rated
API for custom integration
8
Plug-ins
Not Rated
Role-based user permissions
10
Single sign-on capability
10