Business Central Versus NetSuite- Side by Side Comparison

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Side-by-Side Comparison After my last blog post, I have received lots of requests for my version of a side-by-side comparison chart for Microsoft Dynamics 365 Business Central vs. Oracle NetSuite. Here you go! Feel free to Share the Business Central love! 
Dynamics 365 Business Central vs. NetSuite Features Comparison ChartFeatures ComparisonDynamics 365 Business CentralNetSuiteCore Financial Capabilities (GL, AP, AR, BR) IncludedIncludedMulti-Budgets, Currencies, Fixed assets, Distribution, Manufacturing, Job CostingIncludedAl La Carte PricingModern  InterfaceIncludedNot IncludedUsers Can Personalize All WindowsIncludedNot IncludedNumber of  Included Upgrades per Year

Reversing a Closed Year in Dynamics GP



It's that time of year again. 
The time where you need to close the year in Dynamics GP to roll forward balances but at the same time auditors are needing adjustments. 
The steps below will assist you in reversing a closed year in Dynamics GP. 


With the most recent versions of Microsoft Dynamics GP (2013 R2 and above), you have the ability to open previously closed years in Microsoft Dynamics GP. It is a fairly easy process and can be done by following the steps below.

1.   Get all users out of GP

2.   Make a backup of the company database

3.   Print an trial balance reports for verification (if needed)

4.   Reverse the historical year(s) - (Financial > Routines > Year-End Closing)


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5.   After you have reversed the year, make sure and reconcile any open years starting with the oldest open year - (Financial > Utilities > Reconcile). *Note: Running this utility does not produce a report.  This step is very important to your inquiry windows being correct.





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