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What is New in Microsoft GP 2022

What is New in Microsoft GP 2022

by | Feb 20, 2023 | Business

Welcome to the world of Microsoft GP 2022. As the newest version of Microsoft Dynamics GP, it offers an array of features and enhancements to make managing your business easier and more efficient. In this blog, we’ll explore what’s new, including an overview of the latest features, benefits of upgrading, how to get started, and more.

Let’s go!

Overview of the New Features in Microsoft GP 2022

Microsoft GP 2022 seeks to help you gain greater visibility, automate processes, and improve efficiency. The following are some of the key ways GP 2022 does that:

  • Enhanced reporting and analytics capabilities – Microsoft GP 2022 enables businesses to access deeper insights into their operations. The new version also includes an updated user interface to make it easier to view and manage data.
  • Improved data security – Microsoft GP 2022 is chock-full of enhanced security features to help protect sensitive data and ensure compliance with industry regulations. The platform also includes multi-factor authentication, advanced encryption, and role-based access control to further protect data.
  • Enhanced integration capabilities – enable your business to connect to other systems and applications more easily with these out of the box features. Streamline operations, improve efficiency, and access data from multiple sources.
  • Enhanced user experience – Microsoft GP 2022 offers an intuitive interface and enhanced navigation capabilities. This makes it easier for you to find and access the data and tools you need.

Benefits of Upgrading

Upgrading to Microsoft GP 2022 offers a range of benefits for your business, including improved efficiency, higher levels of security, and enhanced reporting capabilities. Additionally, the platform is designed to be highly scalable, allowing businesses to easily add users or scale up their operations as their needs change. Here are some of the key benefits of upgrading to Microsoft GP 2022:

  • Effortless efficiency – By automating processes and providing access to data from multiple sources, Microsoft GP 2022 can help your business to streamline operations and improve efficiency. This can help you reduce costs and improve the quality of products and services.
  • Rock-solid security – Microsoft GP 2022 includes enhanced security features to help protect sensitive data and ensure compliance with industry regulations.
  • Real-time reporting – Microsoft GP 2022 offers enhanced reporting capabilities to help your business gain deeper insights into operations, and make better decisions based on real-time data and insights.
  • Fewer manual processes – Upgrading to Microsoft GP 2022 can help reduce costs by streamlining operations and eliminating the need for manual processes.

How to Get Started with Microsoft GP 2022

Getting started with Microsoft GP 2022 is easy. The platform is designed to be highly intuitive, allowing users to quickly and easily get up and running. Microsoft provides support resources and tutorials to help you get the most out of the platform. Here are the steps for getting started with Microsoft GP 2022:

  • Step 1: Contact Us and we can help you get set up with the licenses you need.
  • Step 2: Plan for setup. Once your account is activated, you can begin planning your setup. Make your user list, and determine which roles each person on the team will need. This is where you’ll determine what integrations you need as well.
  • Step 3: Install the software – Once you’ve decided who will use the system, what roles they’ll have, and what additional solutions need to be considered, it’s time to install the software on your devices. This can be done through the Microsoft GP 2022 portal or through a Microsoft partner.
  • Step 4: Start using the platform – Once the software is installed, the real fun begins. This includes setting up those users, configuring permissions, and exploring the features and tools available.
  • Galeforce Consulting Partners is here to support you with whatever you need.

Key Microsoft GP 2022 Modules

Microsoft GP 2022 includes a range of modules to help you streamline your business operations and improve efficiency. The following are some of the key modules included in the platform:

  • Financials – The financials module includes a range of tools for managing accounts payable and receivable, budgeting, and cash flow. This module also includes a suite of analytics and reporting tools to help businesses gain deeper insights into their financial performance.
  • Sales & Marketing – The sales & marketing module includes tools for managing customer relationships, creating campaigns, and tracking performance. This module also includes customer segmentation and lead scoring capabilities to help businesses identify and target the right customers.
  • Supply Chain Management – The supply chain management module includes tools for managing inventory, order fulfillment, and shipping. This module also includes analytics and reporting capabilities to help businesses gain greater visibility into their supply chain.
  • Business Intelligence – The business intelligence module includes a range of tools for creating reports, analyzing data, and identifying trends. This module also includes predictive analytics capabilities to help businesses make better decisions.

Microsoft GP 2022 Security Enhancements

Microsoft GP 2022 includes a range of security enhancements to help protect sensitive data and ensure compliance with industry regulations. The platform includes multi-factor authentication (MFA), advanced encryption, and role-based access control to further protect data. Additionally, the platform is designed to be highly secure, with regular updates and patches to ensure the highest levels of security.

How to Optimize Your Microsoft GP 2022 Experience

Once you’ve gotten started with Microsoft GP 2022, there are a few steps you can take to ensure you’re getting the most out of the platform. Here are some tips for optimizing your Microsoft GP 2022 experience:

  • Utilize the support resources – Microsoft GP 2022 includes a range of support resources to help you get the most out of the platform. These include tutorials, webinars, and FAQs to help you understand how to use the platform and troubleshoot any issues.
  • Automate processes – Microsoft GP 2022 includes tools for automating processes to help businesses streamline operations and improve efficiency. This can help businesses to reduce costs and free up time for more important tasks.
  • Utilize analytics and reporting – Microsoft GP 2022 includes a range of analytics and reporting tools to help businesses gain deeper insights into their operations. This can help businesses to identify areas for improvement and make more informed decisions.

Microsoft GP 2022 is the latest version of the Microsoft Dynamics GP platform and it offers a range of new features and enhancements. Upgrading to the new version offers a range of benefits, including improved efficiency, higher levels of security, and enhanced reporting capabilities. Additionally, the platform is designed to be highly scalable, allowing businesses to easily add users or scale up their operations as their needs change.

By following the steps outlined in this blog, you can easily get started with Microsoft GP 2022 and optimize your experience. With the right tools and resources, you can ensure that you’re making the most of the platform and gaining the most value from your investment.

If you’re looking for a comprehensive business management solution, Microsoft GP 2022 is an excellent choice. With its range of features and enhancements, it can help businesses streamline operations, improve efficiency, and gain deeper insights into their operations.

​Since 2009, Galeforce Consulting Partners has helped hundreds of businesses implement, develop, and use Microsoft Dynamics GP and SL to manage their business.

Whether it’s training, data migrations, licenses, integrations, custom solutions built for you, or software and hardware upgrades needed to continue working with Dynamics GP or SL, the Galeforce team can help.

 

Maximize Efficiency with Customizable Report Templates for Dynamics SL

Maximize Efficiency with Customizable Report Templates for Dynamics SL

by | Feb 7, 2023 | Business, Construction, Project Accounting, Software Customization

Microsoft Dynamics SL allows you to create templates for reports, which can help streamline the report creation process saving you time, making reporting easier, and ensures consistency and accuracy in your report formats. Businesses that use templates for financial reports in Microsoft Dynamics SL improve their financial reporting processes. 

Some examples of report templates that can be created in Microsoft Dynamics SL include: 

Financial statements: 

  • Balance sheet: A report that summarizes a company’s assets, liabilities, and equity at a specific point in time. 
  • Income statement: A report that summarizes a company’s revenue and expenses over a specified period of time, typically a month or a year. 
  • Cash flow statement: A report that tracks the movement of cash into and out of a company, providing information on cash inflows from operations, investments, and financing, and cash outflows for operations, investments, and financing.

  • Sales by customer: A report that displays sales data broken down by customer, providing insights into the performance of individual customers.
  • Sales by product: A report that displays sales data broken down by product, providing insights into the performance of individual products.
  • Sales by region: A report that displays sales data broken down by geographical region, providing insights into regional sales trends.

Purchasing reports:

  • Purchases by vendor: A report that displays purchasing data broken down by vendor, providing insights into the performance of individual vendors.
  • Purchase order history: A report that tracks all purchase orders for a specified time period, including information on the vendor, items ordered, and amounts paid.

Inventory reports:

  • Inventory valuation: A report that displays the value of a company’s inventory, including information on the quantity, cost, and value of each item in stock.
  • Inventory by location: A report that displays inventory data broken down by location, providing insights into the distribution of inventory across different sites.

Project reports:

  • Project cost analysis: A report that displays the costs associated with a project, including information on labor, materials, and overhead expenses.
  • Project billing: A report that displays project billing information, including the total amount billed, the amount paid, and the amount outstanding.
  • Project profitability: A report that displays the profitability of a project, including information on revenue, costs, and profits.

Payroll reports:

  • Employee earnings history: A report that displays a summary of an employee’s earnings history, including information on salary, bonuses, and benefits.
  • Employee tax liabilities: A report that displays the amount of taxes withheld from an employee’s paychecks, including information on federal, state, and local taxes.

Job cost reports:

  • Job cost analysis: A report that displays the costs associated with a job, including information on labor, materials, and overhead expenses.
  • Job cost to complete: A report that displays the estimated cost to complete a job, based on current expenses and projected expenses for remaining tasks.

How to Create a Report Template in Dynamics SL

No matter your industry or department, using templates will help you look good and save you time.  Here are the general steps, using the report writer tool, to create a template in Dynamics SL:

  1. Open the Report Writer tool in Microsoft Dynamics SL.
  2. Select the report that you want to use as a template.
  3. Make any necessary modifications to the report, such as changing the format, adding custom fields, or modifying the layout.
  4. Click on the Save Template button. The Save Template (98.600.01) screen should appear, and you will see the existing template id and description.
  5. Enter a new Template ID, type out a Description, and then click OK.

  1. Save the report as a template.
  2. The new template is now saved and ready to be used.
  3. To use the template for future reports, select the template when creating a new report.

Note: The specific steps for creating and using a template may vary based on the version of Microsoft Dynamics SL you are using.

Do you have questions or need assistance with Microsoft Dynamics SL?  From upgrades, development, report writing, licenses, or training, we have the experts on hand to help you.

Contact Us Today!