How Can Your Financial Reporting Be More Efficient? | Microsoft Dynamics GP

Global organizations can have com­plex consolidation scenarios. Often legal entities that need to be con­solidated have different chart of ac­counts and fiscal periods. The con­solidation process in Management Reporter, which is now part of the Microsoft Dynamics GP installation, supports these scenarios without the need for an elimination company.

Financial statements enable a cus­tom reporting structure and mapping of ledger accounts or dimensions to the reporting structures. Financial re­ports, to comply dynamics_gp_consultantswith legal require­ments and international accounting standards, include balance sheet, in­come statement, and cash flow state­ment. Create boardroom-quality financial statements and reports without IT assistance, consolidate across com­panies within Microsoft Dynam­ics GP, and take advantage of secure report distribution and storage using Management Reporter. Collaborate on financial reports using the Web-based report viewer. Financial report­ing capabilities will be delivered in all available languages for Microsoft Dynamics GP. Book transactions across subsidiaries and the parent company. Consolidate financial records. Support shared ser­vices in organizations with multiple legal entities by using centralized processing of customer and vendor payments.

Reports are tedious as it can take days for manual collation. Microsoft Dynamics GP provides options for optimal analysis and reporting, creates and consolidates reports, and looks for trends and relationships. This drive towards a single system provides operational efficiencies through standardization plus economies of scale that may have been previously unachievable

As a Microsoft Gold Certified Partner, Accountnet helps companies get up and running with Microsoft Dynamics. We don’t just install and configure the software – we train your accounting staff to use it to create the reports they need, so they can analyze data as needed. Our solutions give both technical and non-technical employees the information they need to do their jobs well — wherever they are, in whatever application they choose to use. Take the next step towards growth with Microsoft Dynamics GP the Microsoft cloud or on your servers—the choice is yours. Contact us at Accountnet to learn more.