Is My Custom Tool Working?
Does my custom tool work? How can I tell if I need it or can my ERP do the same thing? If you are a
March 3, 2017
Tag: accounting
Have You Outgrown Your Accounting System?
Growing businesses often outgrow their basic accounting software because it was unable to keep up with increased inventory and transactions, lacks integration with other line-of-business
March 2, 2017
How to Accurately Account for Personal Time and Run Accruals.
There is a lot to consider in configuring your system to use project accounting along with HR and Payroll. You want costs, as well as
January 30, 2017
How to do a Neg Timesheet in project accounting that flows into payroll concerning a timesheet
When using PTE for timesheets, once a timesheet is approved you cannot make changes to it. However, you can make an adjustment to a timesheet
January 12, 2017
How to do a Negative Timesheet in project accounting that flows into payroll.
The most important item to note on this subject is when Project Accounting is integrated into Payroll in Dynamics GP, you cannot do a negative
January 11, 2017
Steps to Run Cycle Biller in Project Accounting
Steps to Run Cycle Biller and Pull Monthly Invoices Using Project Accounting Create a Batch for invoices. Go to Project / transactions / billing /
December 13, 2016
IT for Accountants: What is RDP and why do I need it?
So, its 4pm on Thursday and you’re having an issue with payroll in GP. You’re not sweating it because you know that you have an amazing VAR who is going to get this all straightened out for you. You call in and get your consultant on the phone and they tell you they are going to use RDP to get on your machine and see what the problem is. You sit there confused but not wanting to let them know that you have no idea what’s happening. A million thoughts race through your head… “What’s RDP? Should I have this? Do I need it? Why don’t I know?”
September 23, 2015
Top 5 Reasons to Use Microsoft Dynamics GP Project Accounting
Microsoft Dynamics GP’s Project Accounting suite is a robust, highly configurable and flexible module which is fully integrated with other modules within the Dynamics GP product suite. The flexibility of configuration, setup and integration to other modules makes it an attractive choice for tracking financial data by contract, project and cost category. It allows you to maintain complete control over project costs and execution, while also maintaining control over project budgets.
June 12, 2015
5 Ways to get your ERP ready for an audit
As accountants the end of the year accounting is a big deal. There are a lot of factors that go into the prep to make sure that everything gets accounted for prior to closing the books for a year. The most important step to being audit ready is to be prepared. Typically the documentation requirements for audits do not change year on year so you can use your documentation from the prior year as a guideline to get started. Here are some steps that you can take to verify that you are ready to close your year as well as prepared for auditors to come in and evaluate your books.
May 11, 2015
Disposal of a Fixed Asset in Acumatica Cloud ERP
There are usually two cases in which you would write-off an asset from your accounting books. As I’m sure we have all experienced, hard drives crash and laptops and desktop computers become more useful as paperweights than office equipment. In this instance, the asset is donated or placed in the “circular file” for disposal with no resale market value. This is probably the most common scenario. To remove the asset from your accounting records, you would normally have to create an adjusting journal entry that removes the accumulated depreciation and the original acquisition cost. If the asset is fully depreciated, then the entry is fairly straightforward.
April 14, 2015
