Article

Identifying reporting needs in a Microsoft Dynamics GP 2013 implementation

by Victoria Yudin
Founder, Flexible Solutions Inc. ,

This article is adapted from Victoria Yudin's new book Microsoft Dynamics GP 2013 Implementation. For a chance to win a free copy of the book, visit Victoria's blog.

Microsoft Dynamics GP 2013 Implementation Reporting is often looked at as a by-product of an ERP implementation, something that may need to be tweaked after the implementation is completed. Your Microsoft Dynamics GP 2013 implementation will be much more successful if you identify the reporting needs upfront and include reporting in your planning. There are three types of reports to consider: financial statements, management reports, and business forms.

Let us look at each of these in more detail.

Financial statements

Financial statements typically are run monthly, once the month is closed. Some companies also like to see interim financial statements throughout the month. The basic financial statements are Balance Sheet, Profit and Loss Statement (also called P&L, Income Statement, or Statement of Operations), and Cash Flow.

Most companies have many variations of financial statements, especially the Profit and Loss Statement. For example, NJW may want to have an overall company P&L as well as a separate P&L for their three revenue centers: hardware, software, and services. In addition, they would like to have an actual versus budget P&L once the budgeting functionality is in place.

As part of your planning, identify the following:

  • A list of all financial statements needed.
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Accounting BI and Reporting Dynamics GP GP 2013 Implementation
About Victoria Yudin

Victoria has been designing, implementing, integrating, and customizing business management and accounting systems for over 20 years. She has been a user of Microsoft Dynamics GP (and its Great Plains Software predecessor) since it was available on DOS and has been a Dynamics GP consultant for almost 15 years. Victoria has the distinction of being the only person in the world named a Microsoft Dynamics GP Most Valuable Professional (MVP) each consecutive year since 2005. Victoria has an undergraduate degree from the Wharton School of Business at the University of Pennsylvania, and has numerous certifications for Microsoft Dynamics GP and related technologies.

In November 2000, Victoria started Flexible Solutions, Inc. to bring together her experience in accounting and business with her love for technology. Flexible Solutions is a Microsoft Dynamics GP Partner, offering the GP Reports Viewer add-on for Dynamics GP, as well as Microsoft Dynamics GP implementation, reporting, and support services.

In September 2008, Victoria started her blog, called Ramblings and musings of a Dynamics GP MVP to share her experiences and thoughts with the Dynamics GP community.  Victoria is the author of the book Microsoft Dynamics GP 2010 Implementation and Microsoft Dynamics GP 2013 Implementation.

More about Victoria Yudin