How to Handle Multi-Company for Microsoft Dynamics SL versus GP

Having worked for Solomon Software for 9 years, people assume that I prefer Dynamics SL over Dynamics GP. If there is any truth to this, it is only because I know Dynamics SL better. I do think Dynamics GP is pretty special.

Dynamics GP impresses in the financial module and integration tool areas. If there is one financial module area where Dynamics SL is superior to Dynamics GP, out of the box, it is in the area of Multi-Company.

In Dynamics SL, you can have one database housing as many companies as you'd like.

You can set up rules within GL, AR, or AP to initiate automated due-to, and due-from type entries simply by using an account where rules exist to automated the creation of offsetting Journal Entries. The entries keep the companies' balance sheets in balance.

Watching people see these entries create themselves is a thing of beauty when demonstrating to people that have always made these entry themselves. They actually smile thinking to themselves how they can free up time to do more productive work.

My rule of thumb is that as soon as you get that third company to track with intercompany transactions, you are crazy not to buy this type of module.

One of the other beautiful things about the Dynamics SL Multi-Company module is that it allows you to have one vendor or customer record for say 7 companies. This means that you can run a report to show you what all 7 companies owe, what just one of the companies owe, or any combination of companies owe, this one vendor. The same is true on the customer side.

It also means that ...