Enhance your Financial Management to Drive your Business ...

If you are considering Microsoft Dynamics GP for your Not-for-Profit, there are many options that are available to your employees that they may not be aware of.? Why not take advantage of what is out there?

Here are a few features that are part of the Business Essentials and Advanced Management Editions of Microsoft Dynamics GP software.

Account Level Security

Your users will be able to record, view and make changes to accounts depending on the access granted to them for General Ledger accounts.

Analytical Accounting

Analyze your financial data with whatever criteria fits your needs for more flexibility in reporting.? Users can track financial data by region or profit center without adding to your chart of accounts.

Bank Reconciliation

Sometimes you just need to transfer data to your bank ? this feature allows you to reconcile your ledger directly to your bank?s records with a simple process.

Cash Flow Management

This feature is available in the Advanced Management Edition of Microsoft Dynamics GP.? Users will be able to customize views and forecasting tools to allow you to predict and monitor inflows and outflows.

Collections Management

This is another feature included with your Advanced Management Edition.? Not only will you be able to reduce bad debt expense, your users? workload will decrease for collections and you will improve cash flow.? They can customize their views and automate management tools for bad debt expense.

Cashbook Bank Management

This feature is an add-on available for both the Advanced Management and Business Essentials Editions.? Users will be able to make transfers and attach unlimited checkbooks to the bank.? You can increase productivity because you can complete so many steps from just one feature like reconciling transactions and importing bank statements into Microsoft Dynamics GP.? In addition, you can build deposits for bank transactions, enter information for Receivables Management, General Ledger, and Payables Management.

Grant Management

This feature is available in your Business Essentials and Advanced Management Editions.? This comes in handy for not-for-profit organizations.? It will help your nonprofit automate the process of tracking funds and help attract future funding.

MIG provides powerful solutions that allow not-for-profits to automate processes while tracking donations and reducing costs. Contact us to find out how our technology can help your business grow and improve in this challenging economic environment.

MIG & Co. ? A New York City based Microsoft Dynamics Gold Partner, serving New York, with vast nonprofit/ not-for-profit experience.

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Posted in: Accounting Software, Choosing a VAR/Partner, Dynamics GP 2010, Financial Management, Fundraising, Grant and Fund Management, Microsoft Dynamics GP, Non-profit, Not-for-profit

Tags: Account Level Security, Advanced Management, Analytical Accounting, Bank Reconciliation, Business Essentials, Cash Flow Management, Cashbook Bank Management, Collections Management, Drive your Business Forward, Financial Management, financial management software, Grant Management, Microsoft Dynamics GP for your Not-for-Profit, Microsoft Dynamics GP software, MIG & Co. Dynamics Partner, Nonprofit Dynamics New York Partner, Nonprofit Dynamics Partner, Not-for-profit, not-for-profit accounting software, Reporting

Source: http://nfptechblog.com/enhance-your-financial-management-to-drive-your-business-forward-part-1/

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