Home
>
Software
>
Microsoft Great Plains GL: General Ledger ? Overview For Consultant

Microsoft Great Plains GL: General Ledger ? Overview For Consultant

Microsoft Business Solutions Great Plains is marketed for mid-size companies as well as Navision (which has very good positions in Europe and emerging markets where it can be easily localized). Great Plains Inventory control is pretty robust and here we would like to give you highlights on standard functionality as well as what could be added to its standard features.

Historically Great Plains Dynamics / eEnterprise was designed with modules structure with very clear ERP workflow ? Inventory Control, Sales Order Processing (SOP), Purchase Order Processing (POP), Project Accounting (PA), US Payroll, etc. were posting transactions all the way to or through GL, creating double entry GL transactions with audit trail back to original records in corresponding modules

Features:

? Account Segment Structure ? Great Plains GL allows you to have up to two segments with maximum 60 characters account length. You use segments to sort by Account, Unit, Location, etc. You will find segment structure design useful when you design reports in FRx or ReportWriter

? GL Multicurrency ? was realized more than 10 years ago. All multicurrency transactions from modules are posted to GL as multicurrency GL transactions.

? Unit and Variable Allocation Accounts ? these are for tracking units ? if you use just GP GL ? you can have primitive count of your Fixed Assets as Unit accounts, for example

? Quick Journal ? you can create transaction template in Quick Journal and then use it to expedite transaction entry

? Batch Posting ? is useful when you want to post group of transaction upon the approval

? Routines: Period Consolidation, Year End Closing, Multicurrency revaluation ? we recommend backup prior to these routines

? Summary and Detail current and historical inquiries ? where you can restrict your inquiry by date, etc.

? FRx financial reporting ? this topic deserves special publication, you can have consolidated reports by multiple companies, when you use reporting tree, plus you can pull info from MS Excel

? Clearing Transactions ? these will allow you to reverse GL transaction

Good luck with implementation, customization and integration and if you have issues or concerns ? we are here to help! If you want us to do the job - give us a call 1-630-961-5918 or 1-866-528-0577! help@albaspectrum.com

Andrew Karasev is Chief Technology Officer in Alba Spectrum Technologies ? USA nationwide Great Plains, Microsoft CRM customization company, serving clients in Chicago, Houston, Atlanta, Phoenix, New York, Los Angeles, San Francisco, San Diego and having locations in multiple states and internationally ( http://www.albaspectrum.com )

limo rental North Chicago .. Lockport Chicago limo O’Hare

In The News:

New Mac malware variant targets browser credentials and personal data, researchers find. Kurt “CyberGuy" Knutsson gives tips to safeguard your Mac from the latest malware threats.

The Jetson One eVTOL showcases air racing potential, ushering in a new aviation era. Tech expert Kurt “CyberGuy" Knutsson says the race for eVTOL supremacy is just beginning.

Tech expert Kurt “CyberGuy" Knutsson reveals that hackers stole data from Gravy Analytics, a major seller of smartphone location data to the U.S.

Kurt “CyberGuy" Knutsson: If you just bought a new iPhone, here’s what to do first when you fire it up.

AC Future and Pininfarina unveil AI Transformer homes, merging sustainability and innovation. Kurt “CyberGuy" Knutsson says this could change the way we think about home.

Technology expert Kim Komando shares her easy tips on how to declutter your phones, computers and devices from the files you no longer need.

Tech expert Kurt “CyberGuy" Knutsson has the details on a Volkswagen data leak that exposed the personal data of around 800,000 EV owners.

Tech expert Kurt “CyberGuy" Knutsson takes a closer look at Shell's Starship 3.0: A natural gas big rig boosting efficiency 2.5 times, proving greener trucking.

PowerSchool, which serves over 60 million students and teachers globally, has become the latest target of cybercriminals. Millions of records were stolen.

CES 2025 showcased everything from artificial intelligence-powered sleep aids to smart ear-cleaning devices. Kurt the CyberGuy has the details.

A truck powered by hydrogen traveled 1,806 miles on a single tank of hydrogen with zero emissions and set a new Guinness World Record.

A Chinese company has developed a new bipedal humanoid robot that stands over 5 feet tall and can tackle a wide range of tasks in different settings.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

Artificial intelligence can be a helpful tool for anyone who is willing to give it a try; here are some simple prompts you can use in order to make your life easier.

An automotive maker in China has developed a flying car that is setting the stage for a new era in how we think about commuting and connectivity in cities.

Most cameras allow you to instantly transfer images from a camera to a smartphone via Bluetooth, and you can print photos directly from your phone.

Security researchers have found a fake app pretending to be a version of the messaging app Telegram, and hackers are using the app to spread malware.

Meta recently announced it will cease working with third-party fact-checking organizations to flag misleading posts on Instagram, Facebook and Threads.

Scientists have developed a floating solar still device that is capable of harnessing the sun's energy to purify seawater and withstanding harsh maritime conditions.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

Tech expert Kurt “CyberGuy" Knutsson says business email compromise scams are a serious threat, as shown by Teresa W.'s near loss of thousands of dollars.

Big tech coming in 2025 includes solar umbrellas, AI TVs, smart earbuds and crazy robots. Tech expert Kurt “CyberGuy" Knutsson gives his take on the wonders revealed at CES 2025.

Tech expert Kurt “CyberGuy" Knutsson provides two methods to restore your contacts for iPhone and Android devices.

FBI warns that criminals are using generative AI to exploit individuals with deceptive tactics. Kurt “CyberGuy" Knutsson explains their tactics and how to protect yourself from them.

Tech expert Kurt “CyberGuy" Knutsson says hackers are embedding dangerous code in Chrome extensions to steal your data.

Microsoft Great Plains GL: General Ledger ? Overview For Consultant

Software