How to setup all modules to be 100% reconciled to GL?

I am sure that most of our GP clients asks this question, when you do not have “Post Through GL” checked, the system will create your GL voucher in GL Transaction Entry window upon posting any kind of transactions in the module windows, and if this voucher got deleted for any reason, you will have variances between the module and the GL, normally this will require allot of work to find out those variances by the end of the period.

However, in GP 10.0, Microsoft added a new functionality called “Reconcile to GL” that matches your transactions to its corresponding transactions in GL and generate variances report but Frank has an interesting article about preventing direct account entry for modules accounts, I recommend reading the blog post below that might change the way you implement GP: http://gp2themax.blogspot.com/2009/09/gptip42day-allow-account-entry.html

Regards,

Mohammad R. Daoud
MVP, MCP, MCBMSP, MCTS, MCBMSS
Software Development Manager
+962 – 79 – 999 65 85
Great Package For Business Solutions
daoudm@greatpbs.com
http://www.greatpbs.com

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About Mohammad R. Daoud
Mohammad R. Daoud has been working as a Microsoft Dynamics GP consultant since 2004. His career path started with version 7.5; he studied every single tip of the application technicalities and did allot of successful implementations that includes functional consultations, analysis, and custom development projects. He holds a graduate degree in Computer Science and currently he is pursuing MBA degree in Accounting. In January 2007 he was nominated to the Microsoft Most Valuable Professional (MVP) certificate and was certified in April 2008 due to his online contributions in the Dynamics Community (Dynamics GP Newsgroups, Forums, User Groups and his blog: http://mohdaoud.blogspot.com). Worth to mention that he was also listed as one of the Microsoft Dynamics Top 100 Most Influential People in 2009 by DynamicsWorld. And more... • Demonstrated Passion for MS Products through participating in beta testing for some product versions, an effective member of Microsoft Connect. • Talented in securing strong high quality relationships with premier customers, partners and sales teams passionately and profitably. • Dedicated to meeting the expectations and requirements of internal and/or external customers • Problem Solver – Uses systematic approach to uncover true problem(s) and practical solution and can marshal resources to solve problem! • Proven record of effective account management, including Account Planning, Opportunity Management, and Business Management Excellence and working as part of a larger virtual team • Successful in delivering high quality technical engagements in the enterprise Dynamics GP implementations area according to customer requirements. • Dedicated, Committed, Self Motivated, Creative and highly focused with excellent communication, Negotiation, presentation, Active Listening and Objection Handling skills. • Experienced in Profitable researches and studies including white papers and technical presentations.

One Response to How to setup all modules to be 100% reconciled to GL?

  1. Anonymous says:

    How about a Solution! The Closer now includes CASH making Great Plains Better!

    The Closer eliminates the need to “Tic & Tie” by finding all of the transaction that are causing you to be out of balance. Not only does The Closer find them, it groups them by error code explaining what is wrong. Current sub-ledgers supported include: AP, AR, INV, SOP, COGS, Accrued PO and now, CASH!

    The Closer will look at the control account in the GL and compare it to the Checkbook ID. Any transaction that are not matched to the penny, will be displayed and grouped by error code. Fix them and run the process again to have “proof” that your books balance to the penny!

    Customers run The Closer in some cases everyday for inventory (takes less than 30 seconds to open the program and see the results – some cases involving millions of transactions, may take 2 minutes). Others use The Closer to perform the Month-End close making the process a snap!. Close the books in minutes instead of hours or days. Results can be generated for a day, last week, a month or even last year.

    For more information: http://www.reporting-central.com or contact me: cpatterson@reporting-central.com 978-878-9584 x1

    Clark

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