This is another post in my #TipTuesday series. Today’s topic is a commentary on currency IDs as well as a tip on currency symbols.
I doubt everyone will agree with my thoughts on the items below as there are different approaches to configuring Dynamics GP. I think this also has elements of an “it depends” situation whether it makes sense for your organization or not. In any case, here is my take on currency setup & symbols and a couple of my tips I follow when configuring currencies.
Continue reading “Currency symbols in Dynamics GP”
Today’s #TipTuesday is another multicurrency tip. This is a simple one but I have still seen many customers with transactional errors simply because the user’s settings are such that it’s easy to mistakenly enter a transaction in the wrong currency.
If your Dynamics GP environment doesn’t have multicurrency enabled, this post is of no value to you! However, for everyone else, when you transact in another currency, this tip may be useful and lead to fewer errors in data entry or analysis.
Continue reading “View options for multicurrency”
Today’s #TipTuesday is a short one. Did you know you can multi-select Serial Numbers in Dynamics GP?
Continue reading “Multi-select serial numbers”
Today’s #TipTuesday post is a small tip, something to watch for if you have a G/L Account in Dynamics GP that is revaluing month after month despite having a zero balance in your functional currency.
Continue reading “Multicurrency troubleshooting tip”
Today’s #TipTuesday is not an application tip but a technical one.
Most Dynamics GP clients have one or more test companies or test environments. I’d be willing to wager that many have some standard scripting that is run when a test company is refreshed and may even automate it in a SQL stored procedure or job. There are at least 2 standard Microsoft scripts that should be run all the time: changing the db_owner to ‘DYNSA’ and the standard script to update company database references in the refreshed company db.
Continue reading “Tips for refreshing a test company”
Today’s #TipTuesday is a feature that was introduced in GP 2013 R2 and it’s an alternate way to assign multiple sites to an item quickly as well as some other Item-Site attributes.
Continue reading “Assigning an item to multiple sites”
Today’s #TipTuesday is a “back to the basics” tip. I wanted to cover off a few areas in G/L Account Maintenance that are often overlooked or that users are unaware of.
The first one, Allow Account Entry, is a favourite of mine because too often I’ve seen organizations with reconciliation issues that were caused by “rogue” journal entries posted directly to accounts that shouldn’t ever be posted directly to.
Continue reading “Account Maintenance Options”
This #TipTuesday discusses the feature introduced in GP 2013 R2, the ability to reverse a Fiscal year-end close (i.e. re-open a closed fiscal year).
Generally speaking, there should be very few reasons why this is necessary in the first place, as you have the ability to post to the previous (most recent) closed year already, which I hope most people are aware of. However, there are a couple of situations where I can see this occurring:
- Some event requiring restatement of a year prior to the most recent closed year. Other than adjusting opening retained earnings, you could re-open the year to post exactly where you want this entry done and then re-close.
- Fixing issues where GL accounts were set up with the wrong posting type!
Continue reading “Reverse Fiscal Year End Close”
Today’s #TipTuesday is a simple one that was introduced in Dynamics GP 2010. Recurring batches have been around forever, but the tiny, nearly unnoticed feature added in GP 2010 was the ability to clear recurring amounts, once the batch is posted.
Today’s #TipTuesday post is around writing off small customer balances. Year-end is a great time to perform some clean-up tasks if it’s not something you do in your normal monthly or quarterly processes. This post will cover off the default Dynamics GP “Write Off Documents” process that makes this one very easy.
Continue reading “Write Off Small Customer Balances”