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Dynamics GP Taxes in General Ledger Notes Computers Articles | March 15, 2011
Microsoft Dynamics GP could be implemented for the organization, where Sales and Purchasing are outsourced to another application.


And what you want from your accounting is just to record GL Entry as shadow for the outsourced customer and vendor invoices.? This is completely up to you.? In this accounting system you can also accrue taxes directly on the General Ledger transaction.? Plus we will consider the option to import transactions from your external system into GL via Integration Manager:


1.?Enabling Tax Entry on the Company Options form.? Select Administration on the left navigation pane and in Setup section click on Company link, Company Setup form should open up.? Here click on Options on the right down corner.? In the Options scroll down couple of inches and check Calculate Taxes in General Ledger (in default installation it is not marked)


2.?Open GL Entry form and verify that you now have Tax Entry button all the way down on the left side of the form.? Click on the button and start with the type (debit would be normally for purchasing or use tax in USA or Sales Returns, where taxes are diminished; credit would be for Sales Invoice with tax accrued).? Pick Tax Details Loris Karius Jersey , enter SalesPurchase Amount, distribution reference and tax will be calculated automatically after you leave SalesPurchase amount edit field.? Now when you are ready, click Create and Tax and SalesPurchase lines will be moved to the GL Entry distribution scrolling window.? Next step would be create another line with distribution to Accounts Payable (if debit in tax form) or Accounts Receivable (if credit respectively).? You should be able to print tax registers reports as expected for reporting.? Cool, don?t you think so?? But, this is not all.? If you are thinking about tax calculation in General Ledger Lazar Markovic Jersey , there is the possibility that you are exporting tons of customer and vendor invoices from your front end application (this might be something very powerful, with Oracle, DB2, PHPMySQL Linux database, or something very simple Kevin Stewart Jersey , if you are small organization: MS Access, FoxPro, XML, text files)


3.?Moving Transactions with Tax to GL via Integration Manager.? First we recommend you to do self-discovery.? Launch Integration Manager module, pick sample GL integration Jordan Henderson Jersey , and go to Destination Mapping.? You should see Tax Entry entity on the bottom available for mapping.? IM could use simple text files to integrate GL Entries, or you can deploy advanced data connection scenarios ? advanced ODBC, where you can deploy SQL Views to prepare documents for the upload to Great Plains


4.?Customization.? You can consider such tools as Microsoft Dexterity or Modifier with VBA to alter GL Transaction Entry form, including its Tax Entry sub-form


5.?Older versions of Great Plains.? If you are on the legacy versions of Great Plains Select, eEnterprise Jon Flanagan Jersey , tax entry in General Ledger might be not available.? We based this publication on the functionality available in version 201011.0.? We checked older versions down to 7.5 and 7.0 (including 10.0, 9.0, 8.0) ? Tax Calculation checkbox is present in all of these versions on the Company Setup Option form, meaning that you can accrue taxes in GL in these legacy versions


6.?If you feel that your concerns are not addressed or your question is not answered, please feel free to contact our office.? Support domestically in the USA Joel Matip Jersey , Canada, Mexico and internationally.? This option is possible via Web Sessions, Skype or Phone conferences and direct visits onsite (in the case of the large scale project).? Our consulting team speaks English, Chinese, Portuguese Joe Gomez Jersey , Spanish, Russian, Filipino.? Feel free to call us 1-866-304-3265, 1-269-605-4904, or email help@efaru


Does the North East of England Show promise to Investors? Business Articles | February 27 James Milner Jersey , 2008
Leading Korean biotechnology company opened its European division in Newcastle University to develop its stem cell research programme showing promise to the North East being the place to invest.


RNL Bio was established in Korea in 1961 and specialises in stem cell research as well as developing therapeutic products and regenerative medicine. RNL Bio is also currently conducting research at its site in Korea to develop a new product developed from a herb for the treatment of diabetes.?


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