Accounting Software Blog

Accounting Software Blog
  • Defining the Relationship Between Accounting and Finance…Are they one in the same?

    Accounting and finance, finance and accounting – what’s the difference?  Many non-accounting professionals out there misperceive accounting and finance as the same thing.  In reality they have a close relationship, but are definitely NOT one in the same...
  • SQL Reporting Services vs. Crystal Reports Comparison

    Both SQL Server Reporting Services (SSRS) and Crystal Reports (CR) are business intelligence applications that take data from data sources of varied formats and generate reports providing decision support information. For example, data can be accessed...
  • Accounting Software vs. Excel Spreadsheets

    Some argue that off the shelf accounting packages aren’t as good as Excel spreadsheets to manage your finances.  Although Excel can be customized to a way that could work for you, there are multiple reasons why software ranks supreme over the Excel spreadsheet...
  • Microsoft Dynamics GP Year End Procedures for 2010

    This blog outlines the recommended year-end closing procedures for Microsoft Dynamics® GP. See below for a checklist of the steps in the procedure. 1. Complete the posting procedures and closing procedures for other modules. Note: This step is only...
  • Microsoft Dynamics GP® Integration Tools – An Overview

    Available Tools Multiple tools and options exist to create integrations with Microsoft Dynamics® GP (Dynamics) transactions and master records. Below is a summary of the current tools.  Additional downloadable documents with detailed information are...
  • “Pros” Comparison: Microsoft Dynamics® NAV and Sage Accpac

    The comparison game is often times a bit overdone, but sometimes extremely helpful when trying to decide what solution may work best for your business. The pros and cons list is a popular way to make a tough decision in business and in life. In the interest...
  • Microsoft Dynamics® GP versus Microsoft Dynamics AX

    Both products provide similar functionality, competing frequently for the same business. AX is positioned for larger companies, but GP has been used by numerous large companies for years—the positioning is more a matter of “what the market will bear”...
  • Top 5 considerations when deciding between Quickbooks Enterprise and Microsoft Dynamics GP

    Choosing a new accounting system can be a daunting task.  Make the right decision and you will reap the benefits of your decision over and over again; the wrong choice and you wind up with a system that results in a loss of productivity and lack of flexibility...
  • Profit and Loss Reporting by Truck Unit for Trucking Company

    Without an accurate snapshot of how much you spend and how much you bring in, how is it possible to really know where your business stands? And how will you make informed decisions that will ultimately increase your profits and decrease your losses? ...
  • Five Ways Microsoft Dynamics GP Helps Simplify Manufacturing Processes

    Remaining competitive in today’s global market requires U.S. manufacturers to run lean and efficient.  Focusing on business issues such as raw material costs, customer service, and plant equipment should be the primary focus for a manufacturing...
  • Frequently Asked Questions for Accounting: Know your Business

    Basic accounting questions are equally important to the in-depth questions about your business. A basic understanding is required to running a successful business. Let’s take a look at four frequently asked questions for accounting and learn a bit more...
  • Is Cloud Computing a Right Fit for your Accounting Software?

    Even in spite of the recent cloud computing craze, there are a lot of factors working against cloud solutions for accounting software . Let’s take a look at the top three. Cloud solutions can’t be capitalized like on-premise implementations...
  • How Much Does Microsoft Dynamics GP Cost?

    Over the last 12 years of selling accounting, manufacturing, and distribution business software I am usually asked in the qualification process or in the first stages of engagement how much the Dynamics GP software and setup will cost.  Now this is a...
  • Does Dynamics AX Have Out-of-the-Box Integration with Salesforce.com?

    This is a question that seems to come up a lot. With Microsoft CRM and Salesforce.com being the two clear leaders in the CRM space, there is a good chance that one of those two CRM packages are being used for the front office operations of the sales and...
  • Three Benefits of Fixed Asset Management in Microsoft Dynamics GP

    Having insight into your fixed assets is a small piece to the rather large financial puzzle , but without it, you have an incomplete snapshot of your business. This missing piece could make or break the bank and is just as important as your other financial...
  • Multicurrency Management in Microsoft Dynamics GP

    Maintaining an international business has its pros and cons. One of the cons is strict management of foreign currency and how it equates to the U.S. dollar . Microsoft Dynamics® GP offers robust multicurrency support for international business. Multicurrency...
  • 10 Key Considerations for Choosing an Internal ERP Project Manager

    Successful implementations of Dynamics AX have strong Project Management and Project Managers on both sides of the project. I would like to touch briefly on importance, responsibilities, and activities that represent the best customer Project Managers...
  • The Importance of Accounting Software in a Whole New Light

    Did you know that accounting software can actually act as your entire accounting department?  Who would have thought that by automating accounting procedures, time could be saved??!! The accounting department is one of the most important departments...
  • Distribution Showdown! Microsoft Dynamics NAV vs. Retalix vs. Epicor Enterprise

    According to this comparison on Technology Evaluation Centers , Microsoft Dynamics® NAV is particularly strong in back-office and distribution process management, while Retalix is the clear winner in SCM with a strong retail and commerce component. Epicor...
  • Four Main Drivers Frame the Business Case for ERP Investment

    Managing customer satisfaction, supporting high growth rates and competing profitably require information systems that can speed innovation, improve customer response, and provide global visibility for effective decision making . Many organizations...
  • 100 Top VAR Stars are named for 2010 – Did your consultant make the list?

    Each year PMG (The Progressive Media Group) selects 100 Value Added Resellers from around the world who have practices selling mid-market financial software.  Download the Top 100 VAR Stars for 2010 here.   The factors taken into consideration include...
  • Management of Fixed Assets and Depreciation with Microsoft Dynamics NAV

    Your fixed assets are the items in your business which cannot easily be converted into cash. In most cases, only tangible assets are referred to as fixed. With fixed assets, comes depreciation. Depreciation is the expense generated by the use of an asset...
  • Top Five Tips for Upgrading to Microsoft Dynamics NAV 2009

    Microsoft Dynamics® NAV 2009 includes some significant architectural changes with the addition of the RoleTailored client and Microsoft Dynamics NAV Server and has added new features such as enhanced reporting and Web services. Because of this, you may...
  • The Benefit of Mobility Solutions to ERP Systems

    As everyone knows these days, changing out an accounting system will rarely deliver an exceptional return on investment and this is a major reason why executives can be reluctant to invest in a new system.  If we can get financials, invoices sent to clients...
  • Federal Government Working to Promote Cloud Computing Adoption

    The Federal government has recently established FEDRAMP (Federal Risk and Authorization Management Program) in order to provide a standard approach for government agencies to assess and authorize the use of Cloud computing within the various agencies...