Belinda Allen, Microsoft MVP Business Solutions
Things I've learned from years of working with Microsoft Dynamics GP.
In this video, I use a custom T-SQL script to exact both summaries from my Microsoft Dynamics GP General Ledger account numbers and my Budgets. Feel free to download the script and create your own view; or simply use the script within Microsoft Excel Query Editor, as I did. See the blog post for the script.
In this video, I use a custom T-SQL script to exact both summaries from my Microsoft Dynamics GP General Ledger account numbers and my Budgets. Feel free to download the script and create your own view; or simply use the script within Microsoft Excel Query Editor, as I did. See the blog post for the script.
Continue reading “Microsoft Dynamics GP GL Summaries vs. GL Budgets (Video)”
No screenshot here because this rule is the same no matter where you are in ANY accounting software (including Microsoft Dynamics GP.)
When you make a mistake, reverse it or void it. DO NOT ADJUST IT!
If you have a transaction that is partially wrong, do not make an entry to correct the wrong part. Void or reverse the ENTIRE entry and start again. I cannot tell you how many times I get called in to help because someone tried to correct an entry, only to make another error, then another and then it’s a big mess.
You’ll save yourself a LOT of grief to void the entire entry and re-enter correctly.
Besides, do you really want to explain it to the auditors at the end of the year as well?
Use Microsoft Dynamics GP SmartList and add the “Posted Date” or “Originating Posted Date” to your object. This will be the actual system date (the date in the bottom right-hand corner of your PC) or the actual date. This is a great way to see what was performed for the time period in question.
Originally Posted 3/29/12
Image from Microsoft Dynamics GP 2018
Use Microsoft Dynamics GP SmartList and add the “Posted Date” or “Originating Posted Date” to your object. This will be the actual system date (the date in the bottom right-hand corner of your PC) or the actual date. This is a great way to see what was performed for the time period in question.
Another great rea/son to look at this field is for problem-solving. Imagine that your checkbook (bank reconciliation) is in balance to your GL yesterday, but today it’s not. Use Smartlist to see what was ACTUALLY posted today regardless of the GL Posting or Transaction date. That’s where your problem will be.
Belinda Allen, Microsoft MVP Business Solutions 