Join Renato Bellu for an in-depth discussion in this video Understanding classes, part of Learning Microsoft Dynamics GP.
- The vendor class, customer class, and item class…are very important setup considerations…in configuring Dynamics GP.…The class has a great effect on how the system works.…Let's look at the vendor class…under the purchasing series as an example.…In this demonstration data, there are…several classes set up.…Let's look at the U.S. vendors for inventory.…What you're seeing here is a lot of the fields…that are on the vendor card.…
And the reason you have a class…is so that when creating a new vendor,…you can simply specify the class that they're in…and all of this information will default.…Their shipping method, their tax schedule,…their tax type, whether you're maintaining history, etc.…Many people mistakenly believe…that you should create lots and lots of classes…as a way to categorize your vendors.…You really only want to create…very limited number of classes…only where many of these settings vary.…
If most of the classes have the same defaults,…especially for these accounts.…These are the general ledger mappings.…
- Using the SmartList to extract data from Dynamics GP
- Controlling the behavior of the GP by mastering the posting setup window
- Grasping the chart of accounts format
- Entering and posting general ledger journal entries
- Entering accounts payable vouchers and accounts receivable transactions, such as credit memos
- Setting up new inventory items and running stock status reports
- Understanding the ins and outs of the bank reconciliation module
- Creating new companies
- Uploading budgets into Dynamics GP from Microsoft Excel
- Entering sales orders and billing your customers
- Managing inventory price lists
Skill Level Intermediate
Q: Which versions of Dynamics GP does this cover?
A: We cover the latest installed version of Dynamics GP. This course doesn't cover the web-based version of Dynamics GP explicitly, although you may find there are similarities.