Dynamics GP 2018 – General Ledger and Bank Reconciliation

Dynamics GP Financial Suite Modules General Ledger Bank Reconciliation (and Electronic Bank Rec) Fixed Assets Management Budget Management Inter-fund Management Financial Reporting Start here

Module Data Flow

Setup – General Ledger

Setup – Bank Reconciliation

Setup - Checkbook Maintenance

Document Attachment in General Ledger Entry New Features Document Attachment in ribbon Available in these inquiry windows Journal Entry Inquiry Transaction Entry zoom Should we do Quick Journals

Add Document Attachment to Asset General Information window New Features Added Document attachment to Fixed Assets in General Information window Added to Asset Inquiry window too Start here

Bank Reconciliation additional sorting options New Features Within the Bank Reconciliation window the user will have more options to sort the window so it is easier to find transactions during the reconciliation process. Start here

Bank Reconciliation maximize window – Web Client New Features Within the WC when add the ability to maximize the Bank Reconciliation window so the user doing a reconcile can see more transactions within the window. Reduces the amount of scrolling needed to find transactions. Start here

New Features Add EFT/Bank details to Vendor approval workflow Additional fields available for Vendor workflow in Workflow Condition Editor Included in Extended Fields Vendor EFT Bank fields from SY0600 – Electronic Funds Transfer Master Add the fields to the Vendor Approval Workflow message Start here

Add Bank Rec history table and do transaction history removal New Features Moves reconciled transactions to Bank Reconciliation history tables. The process also removes any moved or reconciled transactions. Start here

GL Account Workflow New Features New Workflow for GL Account Email message for GL Account  Start here

Newer Features Reconcile to GL

Year-End Module Closing Order Purchase Order Processing Inventory Receivables Payables Fixed Assets Payroll General Ledger Start here

Fiscal Year-End Process Checklist Finalize any/all applicable transactions Reconcile submodules to G/L Print necessary reports & file Make a backup when finished Begin closing process Start here

Details of GL Year-End Process General Ledger (GL) ALWAYS the final module to be closed!!! Doesn’t need to be closed immediately Finalize adjustments; post ‘Single Use’ batches Print Detailed T/B & MR financials (optional) Double-check ‘Posting to History’ setting Setup>Financial>General Ledger Allows posting to most-recent closed fiscal year only Also check ‘Maintain History’ & R/E acct. while here Run the G/L year-end closing process Routines>Financial>Year-end Closing Click ‘Close Year’ button once Start here

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