Tag Archives | purchasing

Hosted Dynamics GP make it easy to track and manage purchasing and other tasks. Try it for free for 30 days and find out how easy it really can be.

Adding Vendors in Dynamics GP

Dynamics GP allows you to control the addition of vendors to your vendor master file. You can set up vendors to simplify accounting and payables purchasing transactions. You can specify settings for 1099 reporting that greatly simplify the accounting for and reporting of payments made to 1099 vendors. You can specify Vendor Classes to organize vendors for […]

Continue Reading 0

Dynamics GP Purchase to Pay Cycle

The purchase to pay cycle in Dynamics GP includes the functionality that will allow you to control and manage your purchasing and cash processes. The major components of this cycle in Dynaamics GP include: Add vendors Enter purchase orders Purchase order receipts Receipts invoicing Payables aging Writing checks This summary sheet gives you access to […]

Continue Reading 0

Purchase to Pay Cycle

The basic purchase to pay cycle can be represented as this image below: Managing the purchase to pay cycle effectively will help you improve your working capital position. These are some of the things you can do to improve your cash cycle: Commit to purchases and delivery dates that match your real requirements. Don’t schedule […]

Continue Reading 0

Purchase Order Generator in Dynamics GP

The PO Generator functionality in Dynamics GP assists in purchase planning by suggesting purchase orders that need to be placed to meet current demand and inventory stocking requirements. There are a couple of setups that need to be made for each item so that this function will work properly. For each item, you will want to go to the […]

Continue Reading 0

Purchase Order Processing in Dynamics GP

Most of the challenges in maintaining a well controlled purchasing process can be met by using an integrated purchase order system. There are several attributes to a good system that should be sought: There should be a three point receipt process that matches a receipt to an approved purchase order, and matches the vendor’s invoice […]

Continue Reading 0

MRP Calculations for Multiple Sites in Dynamics GP

MRP is a good tool for managing inventory and purchasing plans. By incorporating existing stock levels, forecasted and actual demand, and vendor’s purchasing criteria and delivery experience, you can improve efficiencies in you purchasing activities and maintain optimal inventory levels. This will lead to better use of working capital and reduce purchasing expenses. Dynamics GP includes a […]

Continue Reading 0

Dynamics GP on myGPcloud Includes Integrated Purchase Order Functionality

Whether you choose Business Essentials (Plus) or Advanced Management (Plus) you’ll have access to a fully integrated purchase order system that will assist you in efficiently controlling and managing your purchasing process.  These are some of the features and benefits:  Integrated with payables, inventory, sales order, MRP, and financial Ability to create and track delivery […]

Continue Reading 0