The Bank Reconciliation module in Dynamics GP is really useful. It helps you easily reconcile your bank accounts on a monthly basis with data generated from your Dynamics GP system. The Bank Reconciliation module brings together payments, receipts, and adjustments all together in one screen that allows you to manually check off the items that have cleared your bank accounts.

If you have a lot of bank items every period, you will want to consider using the Electronic Bank Reconciliation module. It takes a file from your banks and compares it to your outstanding bank items in GP. It marks any matches as cleared. It will also create additional fees or adjustments in GP that may be included in the bank file.

This is a video that shows how this module works:

The post Electronic Reconciliation with Dynamics GP appeared first on RoseASP, INC.

Accurately recording cash receipts in a timely manner is key control and customer service objective. The Cash Receipts function in Dynamics GP allows you to easily do this.

The Cash Receipts screen allows you to accurately apply payments to outstanding customer invoices. You can make partial payment applications, and keep an amount on account (un-applied). You can also write off small balances to keep your aging looking clean. Small outstanding balances used to bug the heck out of my credit manager. He referred to them as chop suey. If you can deal with them during the cash receipts process, this cleans things up right away.

You can also fix payment applications if the original application was made incorrectly.

The cash receipts process creates cash receipt transactions in the banking module that can easily be combined into a bank deposit that matches the batch of payments that eventually go to your bank. This makes for easy bank reconciliation.

Here’s a video that shows this process:

The post Dynamics GP Cash Receipts appeared first on RoseASP, INC.

The Bank Reconciliation module in Dynamics GP is really useful. It helps you easily reconcile your bank accounts on a monthly basis with data generated from your Dynamics GP system. The Bank Reconciliation module brings together payments, receipts, and adjustments all together in one screen that allows you to manually check off the items that have cleared your bank accounts.

If you have a lot of bank items every period, you will want to consider using the Electronic Bank Reconciliation module. It takes a file from your banks and compares it to your outstanding bank items in GP. It marks any matches as cleared. It will also create additional fees or adjustments in GP that may be included in the bank file.

This is a video that shows how this module works:

The post Electronic Reconciliation with Dynamics GP appeared first on RoseASP, Inc..

Accurately recording cash receipts in a timely manner is key control and customer service objective. The Cash Receipts function in Dynamics GP allows you to easily do this.

The Cash Receipts screen allows you to accurately apply payments to outstanding customer invoices. You can make partial payment applications, and keep an amount on account (un-applied). You can also write off small balances to keep your aging looking clean. Small outstanding balances used to bug the heck out of my credit manager. He referred to them as chop suey. If you can deal with them during the cash receipts process, this cleans things up right away.

You can also fix payment applications if the original application was made incorrectly.

The cash receipts process creates cash receipt transactions in the banking module that can easily be combined into a bank deposit that matches the batch of payments that eventually go to your bank. This makes for easy bank reconciliation.

Here’s a video that shows this process:

The post Dynamics GP Cash Receipts appeared first on RoseASP, Inc..

The Bank Reconciliation module in Dynamics GP is really useful. It helps you easily reconcile your bank accounts on a monthly basis with data generated from your Dynamics GP system. The Bank Reconciliation module brings together payments, receipts, and adjustments all together in one screen that allows you to manually check off the items that have cleared your bank accounts.

If you have a lot of bank items every period, you will want to consider using the Electronic Bank Reconciliation module. It takes a file from your banks and compares it to your outstanding bank items in GP. It marks any matches as cleared. It will also create additional fees or adjustments in GP that may be included in the bank file.

This is a video that shows how this module works:

The post Electronic Reconciliation with Dynamics GP appeared first on RoseASP.

Accurately recording cash receipts in a timely manner is key control and customer service objective. The Cash Receipts function in Dynamics GP allows you to easily do this.

The Cash Receipts screen allows you to accurately apply payments to outstanding customer invoices. You can make partial payment applications, and keep an amount on account (un-applied). You can also write off small balances to keep your aging looking clean. Small outstanding balances used to bug the heck out of my credit manager. He referred to them as chop suey. If you can deal with them during the cash receipts process, this cleans things up right away.

You can also fix payment applications if the original application was made incorrectly.

The cash receipts process creates cash receipt transactions in the banking module that can easily be combined into a bank deposit that matches the batch of payments that eventually go to your bank. This makes for easy bank reconciliation.

Here’s a video that shows this process:

The post Dynamics GP Cash Receipts appeared first on RoseASP.