Dynamics GP is a very solid general accounting system. We have all sizes of customers that use it. Some use it just as it is, and others have various integrations to external systems.
Probably the main reasons people like it so much, are:
- It provides a solid audit trail and it works. No unbalanced transactions, etc.
- It provides a great source for financial reporting. Allows for identification of various business units and sub-units.
- The core financial modules, e.g. accounts payable, accounts receivable are all well integrated and provide useful drill down to detail records.
It also allows for multi-company accounting and reporting. And foreign currency functionality is built right in.
There are adequate transaction types to account for all business transactions and adjustment transactions to facilitate adequate record keeping and reporting. There are also various inquiry and reporting tools to allow for easy analysis.
This video provides a launch point to other videos that cover some of the basic functionality of the Dynamics GP general ledger: