Sneak Peek Into Dynamics GP 2010 (v11) – Part III

Folks…

In this article, I will give some insight into some of the key enhancements in the Payables and Receivables Series module.

Enhancements to Select Checks Process

The select checks process has been enhanced so that the user can build check run batches by passing multiple ranges instead of just a couple of ranges for Vendor and Document Number.

And we can provide ranges for any of the following ranges available in the window.

• Vendor ID
• Vendor Name
• Class ID
• Payment Priority
• Voucher Number
• Document Number
• Payment Number
• Due Date/Discount Date Cutoff
• Document Currency

Vendor Approval Process

The workflow module has been extended to support the approval of vendors. When a vendor is ready to be approved, approvers can be notified and the vendor can be approved, using Microsoft Outlook®, Microsoft Dynamics GP, or Microsoft Internet Explorer®.

Enter Negative Cash Receipts

By this functionality, we can now enter a negative cash receipt in the system. This helps us to decrease the deposit amount by the amount that is entered in the negative cash receipt.

The negative cash receipt is entered the same way as a normal cash receipt, just that the amount is entered as a negative amount and the posted receipt shows up as a deposit with a negative amount.

Also, the other enhancement in the Cash Receipts is that we can now create a recurring cash receipt batch, to speed up data entry of cash receipts.

Clearing Recurring General Ledger Batch Amounts

This functionality allows you to clear the distribution amounts present in all the transactions in a recurring batch, so that we can enter different amounts for the different period that we post in the recurring batch. This option is available only when we create a batch with a frequency other than Single Use.

Budget Transaction Functionality

This is a new transaction which has been introduced in the General Ledger series, which allows the user to post adjustment amounts against the defined budget. We can increase or decrease the budget for a selected range of accounts. Amounts are displayed on a period-by-period basis using the window shown below. This window opens from Transactions >> Financial >> Budget Transactions.

I will post more articles on some key features in the next release of Dynamics GP 2010 in the forthcoming articles. Hope you have found these information useful…

Until next post…