5 Ways to Improve the Closing Process
Do you dread month-end close every period? Are you looking for ways to improve the closing process? Most controllers are goal-oriented and want to be able to issue financial statements as promptly as possible. This helps in being able to identify any accounting issues early on rather than at year-end.
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What do the 2020 IRS 1099 Changes Mean for Microsoft Dynamics GP?
The IRS has made significant changes to 1099s and how nonemployee compensation will be reported for the 2020 tax year. If your company produces 1099s out of Microsoft Dynamics GP, it will be necessary to either apply a year-end update or upgrade to a newer version of GP depending on
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How Manufacturing Companies Can Benefit from NetSuite
Manufacturing companies have critical business processes that go into product lifecycle management. Whether you manufacture a single item with few components or many items with varied and complex elements, you need those processes to be centrally managed and integrated with the rest of your business. NetSuite is a complete business
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Project Billing Types in NetSuite Project Accounting
Project Accounting in NetSuite allows organizations to maintain tight control over their projects to ensure they are completed on-time and on-budget. Through NetSuite’s Project functionality, project activities can be connected and integrated with company financials, which helps to ensure accurate accounting and billing throughout the project lifecycles. Project Accounting combines
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6 New Features in the Spring Release of Dynamics 365 Finance and Supply Chain Management
Every year, Microsoft releases two major waves of updates to its business management software systems – one in the spring and one in the fall. These updates include new features, bug fixes, and enhancements to existing functionality. The latest release of Dynamics 365 Finance and Dynamics 365 Supply Chain Management
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The Evolution of Dynamics GP: SmartLists & Workflow
Since its inception as Great Plains in 1993, companies across the globe have relied upon Dynamics GP to run their business operations for over 25 years. As a mid-market Enterprise Resource Planning (ERP) software, its robust financials, operations, and inventory management features provide the foundation for running a successful business.
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How to Perform Inventory Cycle Counting in Dynamics 365 Finance and Operations
Inventory is an essential part of many company’s day-to-day operations and is one of the major drivers of revenue, costs, and future planning decisions. You cannot sell what you don’t have and as such, it is essential to maintain accurate inventory counts. Dynamics 365 Finance and Operations is a robust
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What to Consider With Vendor Collaboration in Dynamics 365 Finance and Operations
Dynamics 365 Finance and Operations offers numerous ways for businesses to improve and optimize their supply chain processes. One of these ways is through Vendor Collaboration. Businesses inherently need to communicate and collaborate with vendors in an efficient and accurate manner. With the Vendor Collaboration module, vendors are enabled to
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6 Key Features of Business Central 2020 Release Wave 1 That You Need to Know
Released in 2018, Dynamics 365 Business Central is an Enterprise Resource Planning (ERP) solution from Microsoft that offers SMBs a way to centrally manage all aspects of their business operations. It couples the power of a cloud-based solution with the trusted financials of Dynamics NAV. Every year, two waves of updates are
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What Does Modern Lifecycle Support Mean for Dynamics GP?
Microsoft Dynamics GP is a trusted ERP solution that has been relied upon by many companies to run their operations for almost 30 years. Historically, each new version of Dynamics GP came with a Fixed Lifecycle Support policy that included support for that particular version for up to 10 years.
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