1. Consolidated Trading LLC
Member Showcase Featuring:
Consolidated Trading LLC
Dan Heraty-Controller
Amanda Marroquin-Assistant Controller
John Wilson-Staff Accountant

2. Member Showcase Who We Are and What We Do
What Modules We Use: What’s Our Favorite?
Version, Number of Users, How Long
What ISV's and How We Use Them
Where Do We Go for Answers
Examples of What we do
Import Def files
AP Processing / Intercompany Transactions
RoadBlocks
The outline below may be useful in developing a Member Showcase presentation for use during a chapter meeting.  
Introduce yourself
Provide an Overview of Company
Primary business activity
Industry
Locations
# of Employees
Revenue size (if appropriate)
Introduce others from your company in attendance, and including yourself, review
Job roles
How long with company
How long using Dynamics
Other interesting items
Discuss how your company is using Dynamics
How many users
How long
What version(s)
What segments and for what purposes
ISV products used/customizations
Share a “case study” from your experience regarding your company’s use of Dynamics
Pick a project/initiative. It could be your Dynamics implementation overall or perhaps a specific solution within or around Dynamics that Dynamics helped solve.
What is the problem your organization was trying to solve?
What pain the problem was causing your organization?
What alternatives did you evaluate?
Who in your org was involved in the alternative evaluation?
Which option/approach did you select?
How did you start the project?
How did you get your users onboard and engaged?
General thoughts of the implementation?
What results were accomplished?
How did you measure the results?
Subjective opinion of the results?
Lessons Learned.
Questions and Answers

3. Consolidated Trading LLC
Consolidated Trading LLC is a market making trading firm that has been in business since Since it’s inception, Consolidated Trading has been a lead market maker in a number of products on the exchanges.
(CME, CBOT, NYMEX, COMEX, PHLX, AMEX, etc)
We trade everything: stocks, options, wheat, crude, crypto.
Our goal is to make MONEY.
We have 3 main business entities, which are divided simply for ownership purposes. All of these entities are in the trading space and share expenses.
The organizational structure has us maintaining books for 10 companies.
The outline below may be useful in developing a Member Showcase presentation for use during a chapter meeting.  
Introduce yourself
Provide an Overview of Company
Primary business activity
Industry
Locations
# of Employees
Revenue size (if appropriate)
Introduce others from your company in attendance, and including yourself, review
Job roles
How long with company
How long using Dynamics
Other interesting items
Discuss how your company is using Dynamics
How many users
How long
What version(s)
What segments and for what purposes
ISV products used/customizations
Share a “case study” from your experience regarding your company’s use of Dynamics
Pick a project/initiative. It could be your Dynamics implementation overall or perhaps a specific solution within or around Dynamics that Dynamics helped solve.
What is the problem your organization was trying to solve?
What pain the problem was causing your organization?
What alternatives did you evaluate?
Who in your org was involved in the alternative evaluation?
Which option/approach did you select?
How did you start the project?
How did you get your users onboard and engaged?
General thoughts of the implementation?
What results were accomplished?
How did you measure the results?
Subjective opinion of the results?
Lessons Learned.
Questions and Answers

4. Modules We Use GL Bank Rec Safe Pay AP Management
InterCompany Transactions
Integration Manager
Mass Modify (for new trading accounts)
Management Reporter 2012
The outline below may be useful in developing a Member Showcase presentation for use during a chapter meeting.  
Introduce yourself
Provide an Overview of Company
Primary business activity
Industry
Locations
# of Employees
Revenue size (if appropriate)
Introduce others from your company in attendance, and including yourself, review
Job roles
How long with company
How long using Dynamics
Other interesting items
Discuss how your company is using Dynamics
How many users
How long
What version(s)
What segments and for what purposes
ISV products used/customizations
Share a “case study” from your experience regarding your company’s use of Dynamics
Pick a project/initiative. It could be your Dynamics implementation overall or perhaps a specific solution within or around Dynamics that Dynamics helped solve.
What is the problem your organization was trying to solve?
What pain the problem was causing your organization?
What alternatives did you evaluate?
Who in your org was involved in the alternative evaluation?
Which option/approach did you select?
How did you start the project?
How did you get your users onboard and engaged?
General thoughts of the implementation?
What results were accomplished?
How did you measure the results?
Subjective opinion of the results?
Lessons Learned.
Questions and Answers

5. Version, Users Total Number of Employees: 80
Traders: 50
IT- Developers/Support Trading: 20
IT- Accounting/Back Office Support: 2
Admin/Finance/Compliance: 8
Version: Microsoft Dynamics GP 2013 R2(Reviewing upgrade to 2016 R2)
Users:
5 Full users (4 con-current)
1 sa, 1 DYNSA, 2 IT guys
How Long: 10+ years
The outline below may be useful in developing a Member Showcase presentation for use during a chapter meeting.  
Introduce yourself
Provide an Overview of Company
Primary business activity
Industry
Locations
# of Employees
Revenue size (if appropriate)
Introduce others from your company in attendance, and including yourself, review
Job roles
How long with company
How long using Dynamics
Other interesting items
Discuss how your company is using Dynamics
How many users
How long
What version(s)
What segments and for what purposes
ISV products used/customizations
Share a “case study” from your experience regarding your company’s use of Dynamics
Pick a project/initiative. It could be your Dynamics implementation overall or perhaps a specific solution within or around Dynamics that Dynamics helped solve.
What is the problem your organization was trying to solve?
What pain the problem was causing your organization?
What alternatives did you evaluate?
Who in your org was involved in the alternative evaluation?
Which option/approach did you select?
How did you start the project?
How did you get your users onboard and engaged?
General thoughts of the implementation?
What results were accomplished?
How did you measure the results?
Subjective opinion of the results?
Lessons Learned.
Questions and Answers

6. AP Automation/Attachment (Roadblock: Intercompany view*)
ISV’s
For Accounting:
ADP - not yet integrating
InterDyn/Lanac/Columbus
For Trading:
Too many to list
All to facilitate trading speed & strategy
Reporting Tools:
GP Management Reporter – for management reporting
Proprietary Reports-generated daily- for management, accounting, and traders
Excel – Many daily reports are still excel driven
It’s a Management thing
Considerations:
AP Automation/Attachment (Roadblock: Intercompany view*)
Check/EFT processing (Roadblock: Shared Expenses*)
The outline below may be useful in developing a Member Showcase presentation for use during a chapter meeting.  
Introduce yourself
Provide an Overview of Company
Primary business activity
Industry
Locations
# of Employees
Revenue size (if appropriate)
Introduce others from your company in attendance, and including yourself, review
Job roles
How long with company
How long using Dynamics
Other interesting items
Discuss how your company is using Dynamics
How many users
How long
What version(s)
What segments and for what purposes
ISV products used/customizations
Share a “case study” from your experience regarding your company’s use of Dynamics
Pick a project/initiative. It could be your Dynamics implementation overall or perhaps a specific solution within or around Dynamics that Dynamics helped solve.
What is the problem your organization was trying to solve?
What pain the problem was causing your organization?
What alternatives did you evaluate?
Who in your org was involved in the alternative evaluation?
Which option/approach did you select?
How did you start the project?
How did you get your users onboard and engaged?
General thoughts of the implementation?
What results were accomplished?
How did you measure the results?
Subjective opinion of the results?
Lessons Learned.
Questions and Answers

7. Where do we go for answers???
GPUG Website
Our GP Partner
PropTrading Group
-(Qtrly meeting of Acctg heads)
GPUG Meetings
Google
We are SMARTLIST junkies!!!

8. Integration Manager and Import Def files
Early morning routines
5am…we receive hundreds of ftp files from Merrill Lynch, Soc Gen, Wedbush, Gemini, etc…
Jobs run…
Data formatted into SQL tables…
for traders (stock positions)
for accounting/GP integrations ($$$’s)
for historic data analytics
Data also helps create CT Reporting…in house reporting
6-7am…manual process for 7am management meeting (they are old school!!!)
Post meeting
Address any issues/fires
Integrations
Review
Postings
Analysis

9. General Ledger String 13010 - 02502 - VIX03 - 10105 - 05 - 01
GL account Trading account Product Department Firm State
VIX

10. FTP file received

15. Journal Entry!!! Woohoo!!!

16. My Process for AP Module
We have two different types of invoices that are paid:
Vendor invoices – Split by expense sharing agreement or specific usage (Intercompany Module is used for this). We have an approval process for these invoices to be approved by management. 40% of monthly invoices
Brokerage invoice – Billed to specific entities (no Intercompany Module) manually checked and approved by trading assistants. 60% of monthly invoices

17. My Process for AP – Summary
Receive invoices from vendors daily.
Monday & Wednesday: Prepare coversheet showing the entity paying invoice and how the expense is split among entities Enter invoice into weekly batches.
Wednesday: Seek invoice approval from appropriate managers to pay invoices due that week.
Thursday: Print checks…upload safe pay files to banks.
Friday: Checks are signed by CFO/Owners and mailed out.

18. Invoice

19. Cover Sheet

20. Entering Intercompany Payable Transaction

21. Intercompany Distribution Before Posting

22. After Posting: Logging into 2nd Company to Post Intercompany

23. After Posting: Payables Distribution

24. ROAD BLOCKS Intercompany –
Only able to see vendor in the entity that issued payment
Posting transactions requires too many steps
Seeking a solution that allows us to split and view intercompany
Going paperless/AP Automation – Management resistance to change
They want to see hard copy invoices
We use mass modify our GL
Simplifies the process, but adds many unused accounts
The outline below may be useful in developing a Member Showcase presentation for use during a chapter meeting.  
Introduce yourself
Provide an Overview of Company
Primary business activity
Industry
Locations
# of Employees
Revenue size (if appropriate)
Introduce others from your company in attendance, and including yourself, review
Job roles
How long with company
How long using Dynamics
Other interesting items
Discuss how your company is using Dynamics
How many users
How long
What version(s)
What segments and for what purposes
ISV products used/customizations
Share a “case study” from your experience regarding your company’s use of Dynamics
Pick a project/initiative. It could be your Dynamics implementation overall or perhaps a specific solution within or around Dynamics that Dynamics helped solve.
What is the problem your organization was trying to solve?
What pain the problem was causing your organization?
What alternatives did you evaluate?
Who in your org was involved in the alternative evaluation?
Which option/approach did you select?
How did you start the project?
How did you get your users onboard and engaged?
General thoughts of the implementation?
What results were accomplished?
How did you measure the results?
Subjective opinion of the results?
Lessons Learned.
Questions and Answers