Contact us today: (866) 4-WEBSAN (932726) Support VIRTUAL EVENT - SIGNUP!

Dynamics GP (102)

Friday, 22 November 2013 10:00

Voiding a Bank Transaction in Dynamics GP

Written by

Learn more about Dynamics GPView Dynamics GP PricingFree Dynamics GP Training

It is essential to promptly prepare your Bank Reconciliation and reconcile the transactions of your bank statement to the transactions in your General Ledger. In this way, you will match your cash balance in the bank with your company’s financial records. Bank reconciliation usually occurs at the end of the month; however some smaller companies might perform it daily.

What happens though if you want to edit or delete a transaction that has already been entered and posted in Bank Reconciliation? You should use the Bank Transaction Entry window to void the transaction. The following steps will show you how to void a bank transaction:

  • First, open the Bank Transaction Entry window by going to Transactions-Financial-Bank Transactions
  • Then choose Void Transaction
  • Type or select the checkbook ID for the particular transaction you want to void
  • Select or type the transaction number to void and make sure the transaction has been distributed
  • Select Void to void the transaction. Now the checkbook has been updated and the distributions have been posted to GL
  • Exit from the Bank Transaction Entry window. Notice that the Bank Transaction Posting Journal has been printed. An asterisk (*) will indicate which Transactions have been voided since you opened the window

If you want to learn more about Bank Reconciliation, join WebSan University, WebSan’s comprehensive e - Training solution for Microsoft Dynamics GP. This month’s course on November 28th, focuses on Bank Reconciliation in Microsoft Dynamics GP. Videos, tests and a lot more of interactive documentation will help you understand and apply procedures easily in the convenience of your own time and place.

Doriana Kote, Marketing Assistant, WebSan Solutions Inc., a Channel Elite Awards Winner for 2013

Friday, 10 January 2014 09:26

Cloud Predictions for 2014

Written by

Learn more about Dynamics GPView Dynamics GP PricingFree Dynamics GP Training

Cloud computing has become the rule and not the exception for applications in today’s business world. It is with no doubt the default IT platform and the reality is a lot of organizations use multiple cloud environments delivered within different platforms.

The challenge of managing these cloud environments in a consistent way has created the need for what is known as cloud brokerage. That is, a third-party, vendor-neutral business that serves as a single point of contact when working with multiple providers. Cloud service brokers help users benefit from best-in-class offerings from different providers, while keeping the back end simplified.

Another trend is to certify trustworthy cloud providers. Certified clouds will lead to better take up and wider use of different services with the assurance they bring. After the NSA revelations, there has been an increasing need for cloud security in the business world that can be reassured by cloud certifications. WebSan Solutions has already amplified the importance of security by maintaining its hosted Dynamics GP solution in its state-of-the-art Tier II SAS70/SSAE16 certified data centre located in Toronto, Canada.

Finally, cloud - based applications are gradually gaining ground against on-premise software. Taking into account there is a Google or IOS application for almost everything in today's business world, people can work on one device, either it is a desktop, tablet or mobile and then stop and pick up right where they left off on a different device in another location.

Doriana Kote, Web Marketing Coordinator, WebSan Solutions Inc., a Channel Elite Awards Winner for 2013

Friday, 28 February 2014 11:19

Learning Dynamics GP Is Easier Than You Think

Written by

Learn more about Dynamics GPView Dynamics GP PricingFree Dynamics GP Training

WebSan Solutions leverages an online learning environment to offer a comprehensive online training solution for Microsoft Dynamics GP. We created a catalogue of Dynamics GP courses in our Learning Management System (LMS) with rich content, including multimedia such as videos, documents, presentations and embedded video conferencing. Also, we developed a variety of learning activities with tests that assess and reinforce what trainees have learned.Websan University

Our e - Training solution puts emphasis on usability and aims at offering a solid learning experience with the minimum possible hassle. Using a set of e-learning tools, users can understand and apply procedures easily at the convenience of their own time and place. Plus, our system is mobile friendly and you can easily work on your course 24/7 using your tablet or smartphone device.

Throughout each course, users can ask their instructor questions any time directly through the learning management system. At the same time, instructors will be able to have a clear overview of their progress with detailed reports and manage their individual needs accordingly.

With a variety of courses for both beginners and advanced users, we can help you build fundamental knowledge in Microsoft Dynamics GP. From General Ledger and Accounts Payable to Project Accounting and Purchase Order Processing, you will find the right training to fit your needs. What is more, you have the option to setup your company’s unique course catalogue customized to your business in a secure and encrypted channel for all data communication.

All in all, WebSan Solutions aims at delivering Dynamics GP training programs that combine simplicity and efficiency.

Sign up for FREE and give our LMS a try today!

websan.talentlms.com

Doriana Kote, Web Marketing Coordinator, WebSan Solutions Inc., a Channel Elite Awards Winner for 2013

Thursday, 13 March 2014 09:00

VAT Daybook in Dynamics GP

Written by

Learn more about Dynamics GPView Dynamics GP PricingFree Dynamics GP Training

Preparing monthly tax returns are often dreaded as the thought of pulling backup, reconciling transactions, and preparing reports is time consuming and takes a lot of effort.  Microsoft Dynamics GP has a Value-Added Tax (VAT) Daybook tool that will prepare the detailed and summarized reports needed for tax filings.

VAT is the taxes on goods and services used throughout various countries.  A VAT Report will produce a summarized tax report that can be used to remit taxes.  It will summarize the total taxes charged on sales and total taxes paid to vendors.  It will also produce a finalized tax return form used to remit.

Traditionally, users use the general ledger and/or trial balances to remit taxes.  However, with the VAT Daybook, it can now automatically produce the report without manual updates/manipulations to prepare a tax return report.

The advantage of using a VAT daybook is that it will capture any transactions posted to prior periods that were not remitted in the tax return.  It will eliminate reporting errors when a user reports using the general ledger.

This function also allows a user to review the tax return before submitting.  The draft and finalized reports are easy to follow and for readers that need to review before submitting, the reports generated have a systematic flow and a reader does not need to flip back and forth between pages to find a trail of where figures are coming from.

VAT Daybook

The VAT reports generated will provide all the sufficient details and backup needed to remit taxes.  This tool will definitely save a user’s time when preparing the monthly tax returns.  It will also allow for accurate reporting without the hassle of manual preparations.   What normally takes hours to prepare, the VAT Daybook function is an easy tool to use when preparing tax filings and it only requires a couple of clicks to generate all the reports needed.

For more information on how to setup and use the VAT Daybook function, please email This email address is being protected from spambots. You need JavaScript enabled to view it..

Katrina She, CMA, Application Specialist ,This email address is being protected from spambots. You need JavaScript enabled to view it.