Microsoft Dynamics GP is widely considered to be one of the best small business accounting software platforms in existence

1. Best Small Business
Accounting Software Tips

2. Best Small Business
Accounting Software Tips
Today, Microsoft Dynamics GP is widely considered to be one of the best small business accounting
software platforms in existence. Not to be content with just accounting, Microsoft Dynamics GP
continues to expand to embrace enterprise resource planning applications. The basic functions of GP
include:
• Business intelligence and analytics
• CRM
• E-commerce
• Financial Management and ERP
• Human Resources and payroll
• Manufacturing Planning
• Project accounting
• Supply Chain Control
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3. Best Small Business
Accounting Software Tips
GP is a fully customizable platform that has, literally, hundreds of industry-specific add-on
modules that are platform compatible. Interoperability between GP, these add-ons, and the
full suite of Microsoft products is excellent. So what are some of the other characteristics you
should look for in the best small business accounting software systems?
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CHARACTERISTICS OF
THE BEST SMALL
BUSINESS ACCOUNTING
SOFTWARE PLATFORMS

5. CHARACTERISTICS OF THE BEST SMALL
BUSINESS ACCOUNTING SOFTWARE
PLATFORMS
We believe the best small business accounting software should include the following benefits:
Streamlined efficiencies
There are clearly cost and time savings that come when companies streamline their outdated
legacy hardware and software platforms into one seamless, integrated cloud-based solution.
Integration and interoperability
GP was designed as a base platform that would support multiple plug-in modules from the
plethora of independent software vendors participating in Microsoft’s broad vendor network.
These additions to the base GP platform are often very specific to the needs of individual
industries. So if GP is missing a feature you want, it’s likely that you can just plug-and-play a
new module that covers it.
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6. CHARACTERISTICS OF THE BEST SMALL
BUSINESS ACCOUNTING SOFTWARE
PLATFORMS
Customizable and flexible
The benefit of GP is that you can operate it right out of the box or spend time to customize it
like crazy. One example is the ability to create executive dashboards to view business metrics
relevant to a particular job function. You can track KPIs (key performance indicators) or
perform ad hoc queries as needed. You can customize fields, forms, or workflows without
hitting a functionality wall. Try getting this flexibility with QuickBooks!
Compliant
In accounting, this feature is crucial. GP offers account level security features and FASB 52
compliance, as well as strong audit capabilities across all modules. Auditors prefer GP to
QuickBooks because you can delete and change source transactions without a correcting
entry. GP requires a corrective journal entry on voided or changed transactions -- which will
allow you, and your financial auditors to breathe a sigh of relief.
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7. CHARACTERISTICS OF THE BEST SMALL
BUSINESS ACCOUNTING SOFTWARE
PLATFORMS
Multiple reporting options
There are lots of canned reports within most small business accounting software platforms.
But what can distinguish one software platform from another is the number of reporting
configurations it allows. If you’re managing the finances of any business, you’re going to want
to slice and dice data from multiple sources and with multiple search parameters. Having the
ability to access, control, and report on all your data means true business intelligence.
The scalability of Microsoft Dynamics GP ensures that an investment in this platform will allow
for long-term use. GP can grow with your business. That’s another big plus when considering
and choosing the best small business accounting software.
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About IES
IES is a leading Microsoft software reseller, development, implementation, and
business process consulting firm dedicated exclusively to Microsoft Dynamics training,
products, and supported services. Our expertise extends across Microsoft Dynamics
CRM, MS Dynamics GP, Dynamics NAV, and beyond. We are based in the Miami and
Tampa areas of Florida, but serve clients across the nation.