Analytical Accounting: What is it & How Can it Help My Business?
Do you feel like there is data that you could or should be analyzing? Is this data beyond your current chart of accounts (COA)? A great tool for tracking data that is beyond your COA is Microsoft Dynamics GP Analytical Accounting. This module within GP allows you to track your projects and funds by using Management Reporter, FRx, Smartlist and SQL Reporting Services.
How can a company tell if they need to add a segment to their COA or if Analytical Accounting will meet their needs?