Great,Plains,Consolidated,Repo computer Great Plains Consolidated Reporting highlights for consultan
----------------------------------------------------------Permission is granted for the below article to forward,reprint, distribute, use for ezine, newsletter, website,offer as free bonus or part of a product for sale as longas no changes a Gone are those times when the companies and the organisations didn't need a hi-tech system to handle them. Owing to the considerable increase in the business sector and thus, an enormous increase in the complexity of the organisational struc
Such scenarios require you to efficiently produceconsolidated Profit and Loss Statement, Balance Sheet and maybe ConsolidatedCash Flow statement, potentially with multicurrency. In this small publication we would like tocome through typical consolidated report creation options and recommendsolution 1. Differentaccounting systems in different countries. Lets assume that you have Dynamics GP Great Plains in US headquartersand you have sort of eclectic internationally: SAP Business One in Brazil,Navision in Europe. In the case when youdo not have stable worldwide permanent connection with firewall good strategyis Brazilian and European branches export on GL level and then you movetransactions into Great Plains Brazilian and German companies images. Good job could be done by GP IntegrationManager module. In this example, imagefor Brazil set to use Real and Euro for Germany. If foreign subsidiary has low volume oftransactions, you can even use Excel to export them and use Excel instead ofGreat Plains company 2. GreatPlains in all branches. In this scenarioyou typically trying to make central server, where all Great Plains companiesare hosted and you give reliable VPN or Citrix connection to your local andremote GP users. This solution mightseem to be ideal, however you should know that GP is popular and localized inEnglish speaking countries: US, UK, Canada, Australia, New Zealand, SouthAfrica, Asia and Oceania, plus in Spanish speaking Latin America. It is not often possible to implement GreatPlains in the country where it is not localized, meaning local regulations,language support 3. ConsolidatedReports. If your organization needsrelatively simple solution, which doesnt require a lot of user training andtechnical consulting, we recommend you to deploy FRx financial reporting. It supports multicurrency, budgets, Excelworksheets (here you can also use ODBC data link in your Excel worksheet tocover more complex scenarios) consolidations and it allows you to analyze yourreports for consolidated and for individual subdivisions if you deploy so-calledFRx reporting tree. In the case when youare larger organization and you need more high end solution, you shouldconsider Enterprise Reporting for GP
Great,Plains,Consolidated,Repo