Microsoft Dynamics GP

15 Results / Page 1 of 2

todayJuly 16, 2019

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Dynamics GP – Cash Sales Application System

The significant difference between a cash sales application system and cash received on account application system is that there is no previous asset record (customer account balance) in a cash sales system. The generation of initial documentation is thus the focal point of the control system. Once a record has [...]

todayJune 5, 2019

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Dynamics GP – Development Of An Accounting Information System

Good accounting systems do not just happen. They are carefully planned, designed, installed, managed, and refined.  Generally, developing an accounting system involves the following four phases or stages. Analysis Analysis involves determining internal and external information needs, identifying inefficiencies and bottlenecks in the current system, sources of information and the [...]

todayMay 28, 2019

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Dynamics GP – Property Accounting Applications

Property accounting applications concern an organization's fixed assets and investments.  An important element of effective internal control is the accurate and timely processing of information relating to fixed assets and investments.  Such processing is accomplished through the use of special accounting applications that provide for accounting, operational, and management information [...]

todayMay 1, 2019

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Dynamics GP – Cash Disbursement Application System

Accounts Payable The accounts payable department receives copies of the purchase requisition, purchase order receiving report and vendor invoice. These documents are reviewed, certified as to completeness, and assemble in a voucher package. The voucher package is filed by date. Periodically the voucher package file is reviewed and voucher packages [...]

todayApril 21, 2019

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Dynamics GP – Types of Accounting Information Systems

Electronic data processing (EDP) is the use of computer technology to perform an organization's transaction-oriented data processing. EDP is a fundamental accounting information system application in every organization. As computer technology has become commonplace, the term data processing (DP) has come to have the same meaning as EDP. Management Information [...]

todayApril 20, 2019

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Dynamics GP – Recourse Management or Payroll System

Overview A payroll / personnel system involves all phases of payroll processing and personnel reporting. The system provides a means of promptly and accurately paying employees, generating the necessary payroll reports, and supplying management with the required employee skills information. The processing should include a deduction for with holding taxes, [...]

todayDecember 11, 2018

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Dynamics GP – Cash Receipts Application System

Overview This is an application system used to control the flow of information and documents regarding cash receipts. Most of a company's cash receipts are generated though sales. Sales, of course, may be made either for cash or on account. Although sales accounts are handled through the company's billing and [...]