Microsoft Dynamics GP or SL: Which Accounting Software Is Best for Your Organization?
Though there are many similarities between Microsoft Dynamics® GP and SL accounting software, finding resources to usefully compare and contrast them can prove challenging.
In fact, Microsoft itself reinforces the somewhat muddled profile of these two mid-market accounting solutions. Its information about both solutions tends to blur the lines and distinctions.
Bottom line: Both accounting system software applications perform the same fundamental functions-they keep track of debits and credits. They feature different user interfaces and have functionality differences.
From this macro perspective, both GP and SL are robust, scalable accounting solutions able to move businesses way past entry-level products and services. For example, just about any company looking to go beyond QuickBooks will find both Microsoft accounting solutions much more sophisticated and secure.
Following is a comparison to help determine whether GP or SL best fits your accounting system software needs.
SL is generally the better choice in the following situations:
- For project-driven organizations.
- For companies using MS Project Server. (Project Server and SL comprise the only linked-together ERP package.)
- Where Defense Contract Audit Agency (DCAA) compliant functionality is required.
- For companies desiring robust business intelligence. Business Information Optimization (BIO) for SL provides analytical tools that help bring together operations and finance data (such as projects, sales, inventory, customers, accruals, revenues, budgets, and more) into one information tool.
- When there's a need to copy/paste journal entries from Excel into transaction entry windows.
- For companies seeking a full .NET ERP application, SL 7.0 is required.
GP is typically the better choice for companies wanting to integrate accounting system software in the following situations:
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