Microsoft recently released its latest version of Dynamics GP which includes several enhancements to core GP functionality. Many of the favorite Dynamics GP features have been improved and new features added. This post will look at some of the enhancements and updates to Microsoft Dynamics GP 2015 R2 cash flow features.
Automatically Deposit Cash Receipts
GP offers the option for cash receipts to update the checkbook balance without the need to manually post the cash receipt deposit in Bank Reconciliation when working in Analytical Accounting. In Microsoft Dynamic GP2015 R2, the option is made available in the core dictionary, expanding the option to companies not using Analytical Accounting.
This option is now available in Cash Receipt Entry, Receivables Transaction Entry, Sales Transaction Entry, and Invoice Entry will be deposited automatically in the checkbook, updating the checkbook balance. This will help streamline navigation and remove reduce manual processes within the system.
From the Company Setup Options window, mark the “Automatically post cash receipt deposits” checkbox.
Customer Credit Limit Visual
Dynamics GP 2015 R2 has new options in how notifications are delivered when a customer is over the credit limit set by the user. In Receivables Setup, choose whether the system displays an icon or gives a warning message when a customer is over their limit. The existing process for an existing credit limit password will still be asked when entering a line item or saving a transaction.
Enable Email on All Purchase Order and Soles Order Document Formats
Previously, print options for purchase orders only supported email for ‘Blank’ document formats. Now email is supported for any document format for all purchase order documents. Now GP users can send email from the Transaction Entry Window, Navigation Lists, and Print Purchasing and Print Sales Documents windows.
Historical Received Not Invoiced Report
This is a new SSRS Report based off the previous “Received Not Invoiced” report in GP. New functionality has been added to create a cutoff date based on transaction date or GL Post Date so users are able to use the report for historical purposes. This report will allow users a real-time view of items received into inventory but not invoiced yet as of a specific date.
Payables Transaction Approval Workflow
A new workflow type has been added for AP invoice approval in Workflow Maintenance. The Payables Transaction Approval workflow type in GP 2015 R2 allows users to submit and approve each transaction in the Payables Transaction Entry window. Approval is also available through the email notification and the navigation lists.
Document Attachment Workflow
When a document has been added to a transaction or record using the Microsoft Dynamics GP Document Attachment feature, these attachments can now be sent with the workflow task notification email. This new features is available for PM Batch Approval, Purchase Order Approval, Purchase Requisition Approval, Vendor Maintenance, and the new workflow type, Payables Transaction Approval.
It is now possible to enter a payables invoice, scan in and attach the document from the vendor, then submit the invoice for approval. When approvers receive the email, they will get the invoice information with the attached vendor invoice. This will streamline the approvals process and reduce manual processes and paperwork.
Want to see Microsoft Dynamics GP 2015 R2 enhancements in action? Choose a free GP test drive and see for yourself.
Check out some of the other Microsoft Dynamics GP 2015 R2 Enhancements.
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