Creating the Ultimate Dynamics GP Chart of Accounts

Microsoft Dynamics GP Chart of Accounts

Dynamics GP system. The structure is difficult to shrink once implemented, but can be much more easily expanded. The Professional Services Tools Library (PSTL) and third-party products are available to make shrinking or expanding more user-friendly. Careful analysis of the structure will ensure a balance between current financial reporting needs and future growth.

The Chart of Accounts is at the heart of the Microsoft® Dynamics GP system. The structure is difficult to shrink once implemented, but can be much more easily expanded. The Professional Services Tools Library (PSTL) and third-party products are available to make shrinking or expanding more user friendly. Careful analysis of the structure will ensure a balance between current financial reporting needs and future growth.

First, let me explain the standard functionality, and then I’ll temper that explanation with my recommendations and experience.

The GP account number is capable of accepting both alpha and numerical values in a string of up to 66 characters long with as many as 10 segments. Segment separators,  normally a dash (-), can be a period (.), space ( ), or user-defined character (/ * +). The separator is visual only and is ignored during input.

About Computeration

When you need a system that

• Manages inventory and manufacturing,
• Produces useful financial statements, and
• Provides you with a stable network,

Contact Computeration. We specialize in providing great systems and service to small and mid-size clients using Microsoft Dynamics GP and CRM in hosted or on-premise environments. For over 20 years we've implemented systems at affordable prices. Our proprietary software tools compliment Microsoft RapidStart so that we can quickly and easily import your historical data from QuickBooks and other legacy systems.

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