What happened to Microsoft Dynamics GP Accounting Software?

What happened to Microsoft Dynamics GP Accounting Software?

Microsoft Great Plains Accounting, currently known as Microsoft Dynamics GP. It is still a powerful financial accounting software designed to expand and streamline workflows of small and mid sized businesses. Microsoft Dynamics GP provides solutions not only in financial management but has advanced applications and modules for supply chain management, human resources, project management, manufacturing, ecommerce and more. 


This ERP platform  seamlessly integrates  with hundreds of third-party applications from independent software vendors to better fit your business requirements. These add on tools can often replace expensive and hard to maintain customizations to the core system. In this article we will focus on what Great Plains accounting has become and what it can do for your business.


Great Plains Accounting Solution


Microsoft Dynamics GP (formerly Great Plains Accounting Software) centralizes and tracks financial data across your entire business, allowing you to accurately set and stick to your budget, as well as identify regions of profit where you can invest and scale your business. Advanced analytics in the system give you the ability to forecast your financial inflows and outflows and spot areas that may need improvement. You can use your favorite Microsoft products such as Microsoft Excel or Microsoft Word, allowing you to easily share your data across other platforms.


Microsoft Dynamics GP (formerly Great Plains Accounting Software) can become even more valuable when it is combined with analytics tools. .. At Dexpro Dynamics we offer several  one hour training courses like this one - Visualize your General Ledger Dynamics GP Data in Power BI. In this free session, one of our Microsoft Dynamics MVPs, Belinda Allen, will show you how to analyze the data from your  General Ledgers in a more simple and efficient manner.


Reporting should never be an issue in Microsoft Dynamics GP. Outside of Power BI, Microsoft rewrote all of the internal GP reports in SSRS, SQL Server Reporting Services. Every client now has over 200 Microsoft Dynamics GP reports that export to many different formats as well as include wanted by management KPIs. Those reports can be accessed from inside as well as from outside of GP. If you have users that need to only access reports, save your money on additional user licenses and deploy SSRS reports. There are also over 200 live Excel reports that come with every system. They include Dashboards and carry similar information to existing SmartList reports. Those reports can be deployed in minutes and also allow users to access them from inside and outside of GP. Instead of exporting Smartlists to Excel, you can access live Excel reports and save yourself a step in a process. Also, keep in mind that we can customize both, SSRS and live Excel reports to fit your reporting needs. Great example is to get those reports for consolidated reporting in a multi entity enviroment. 


Microsoft Dynamics GP (formerly Great Plains Accounting) now comes with a professional services tools library (PSTL) which include financial tools like, account modifier and combiner, checkbook modifier, fiscal period modifier, GL master triggers and payroll tools like certified payroll report and employee modifier. These and other PSTL tools help keep your data consistent and enhance the entire experience inside Microsoft Dynamics GP. Previously this was an expensive add on but it has been included at no charge since the licensing change. 

Another handy feature you have access to with your Microsoft Dynamics GP (Great Plains Accounting) is electronic bank account reconciliation and other electronic bank module functionality. It will automate bank reconciliations. Many clients are unaware of modules like Safe Pay(Positive Pay) as well as ability to send ACHs from within GP. Evey Microsoft Dynamics GP license includes those moles. Below is a list of all features that are included in Microsoft Dynamics GP perpetual license: 

Account Level Security

Account Rollup Inquiry

Advanced Analysis Cubes Library

Analysis Cubes Library

Analytical Accounting

Auto PO Generator

Bank Reconciliation

Bill of Materials

Business Alerts

Cash Flow Management

Cashbook Bank Management

Customer/Vendor Consolidations

Customization Site License

Dynamics Modifier

Dynamics Process Server

Electronic Bank Management

Electronic Bank Reconciliation

Electronic Funds Transfer PM

Electronic Funds Transfer RM

Electronic Reconciliation Management

Encumbrance Management

Explorer

Extended Pricing

Field Level Security

Fixed Asset Management

General Ledger

GL Transaction Matching

Grant Management

Human Resources

Intercompany Processing

Inventory Control

Invoicing

Landed Cost

Language: English

Language: French Canadian

Language: Spanish

Lockbox Processing

Magnetic Media

Multi-bin

Multicurrency Management

Multidimensional Analysis

National Accounts

Payables Management

Payroll

Payroll Connect

Payroll Direct Deposit

Position Control

Purchase Order Processing/Receivings

Receivables Management

Refund Checks

Revenue/Expense Deferrals

Safe Pay

Sales Order Processing w/ Advanced Invoicing

System Manager

Some clients own Extended Pack and their License would include the following features:

Account Level Security

Account Rollup Inquiry

Advanced Analysis Cubes Library

Advanced Distribution

Advanced Management

Advanced Picking

Analysis Cubes Library

Analytical Accounting

Auto PO Generator

Available to Promise

Bank Reconciliation

Bill of Materials

Business Alerts

Cash Flow Management

Cashbook Bank Management

Contract Administration

Customer/Vendor Consolidations

Customization Site License

Depot Management

Dynamics Modifier

Dynamics Process Server

Electronic Bank Management

Electronic Bank Reconciliation

Electronic Funds Transfer PM

Electronic Funds Transfer RM

Electronic Reconciliation Management

Encumbrance Management

Explorer

Extended Pricing

Field Level Security

Fixed Asset Management

General Ledger

GL Transaction Matching

Grant Management

Human Resources

Intercompany Processing

Inventory Control

Invoicing

Landed Cost

Language: English

Language: French Canadian

Language: Spanish

Lockbox Processing

Magnetic Media

Multi-bin

Multicurrency Management

Multidimensional Analysis

National Accounts

Payables Management

Payroll

Payroll Connect

Payroll Direct Deposit

Position Control

Preventive Maintenance

Project Accounting

Purchase Order Processing/Receivings

Receivables Management

Refund Checks

Returns Management

Revenue/Expense Deferrals

Safe Pay

Sales Order Processing w/ Advanced Invoicing

Service Call Management

System Manager

Extended Pack would also have separate keys for a Manufacturing Module. 

Customization Pack includes keys for Integration Manager. 


All Microsoft Dynamics GP License keys include Microsoft Management Reporter.  Management Reporter is an add on designed specifically to be used for financial reports. Microsoft designed it to replace the well known FRx. Management Reporter is no longer enhanced by Microsoft. However, it is not going away and it will remain as a supported product until further notice. It is a fairly intuitive product that comes with Report Viewer as well as Management Reporter Viewer for easy report distribution. 

Microsoft Dynamics GP (Great Plains Accounting) includes a variety of powerful business intelligence tools, reporting capabilities and 3rd party tools that are all too often, completely overlooked by Dynamics GP users. From the implementation process, ongoing support and training, your MS Dynamic GP consultants at Dexpro Dynamics are ready to provide you with the personalized attention and support you need to make the most out of your investment to increase efficiency and productivity. 

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