Following on from our previous blog, New features in the Microsoft Dynamics GP 2013 system manager, we are now going to look at what’s new in the general ledger. Microsoft Dynamics GP 2013 has made a few clever improvements to the general ledger, particularly in the year-end close process. You can track progress more accurately and save time by making use of a couple of smart new features. The new general ledger now lets you perform the following actions.Choose to maintain inactive accounts during the year end closing process.

fig 1 Maintaining inactive accounts

 

 

 

 

 

 

 

 

 

 

 

Choose to clear the balances of unit accounts so their balance brought forward is zero.

Dynamics GP 2013 - clear balances of unit accounts
fig 2 Clear balances of unit accounts

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Clearly track your year-end status with a progress bar.

Dynamics GP 2013 - progress bar
fig 3 Progress bar

 

 

 

 

 

 

 

 

 

 

 

Use the journal entry enquiry window to view journals from historical years.

Dynamics GP 2013 - Journal entry for historical data
fig 4 Journal entry for historical data

 

 

 

 

 

 

 

 

 

 

 

 

Store the approval user and date in the year to date transaction open and history tables when a batch is approved so you can run inquiries in various GP reports.

Dynamics GP 2013 - storing approval user and date for inquiries
fig 5 Storing approval user and date for inquiries

 

 

 

 

 

 

 

 

 

 

 

 

 

Choose to copy the analytical accounting transaction dimension information when copying sales order process, purchase order process or general ledger transaction.

This should give you an insight into some of the exciting new features of the general ledger. If you would like to know more about Microsoft Dynamics GP 2013, Professional Advantage is holding a free seminar, ‘Discover the Possibilities’, in Sydney, Melbourne, Brisbane and Perth where Errol Schoenfish, Director of Product Management for Microsoft Dynamics GP will be the key note speaker. To find out more click here.

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