Budgets… not the most exciting topic but one of the most important aspects to any business.
Microsoft Dynamics GP has a user friendly (and excel friendly) budget component built within the financial module. Users can easily build an excel file based on previous year actual balances, existing budget files already in the system, as well as blank budgets. Using the Excel portion of the budget process means that companies can use formulas in excel to automatically update accounts based on other factors. Formulas can be linked to other account values, other worksheets, other files, etc. This makes budgeting for payroll expenses, taxes, depreciation, etc… very easy!