The CAL Zone - Microsoft Dynamics GP Newsletter

This Issue

Amber’s Tips & Tricks

ISV Spotlight: Avalara

Common Accounting Mistakes

FRx-Management Reporter

Summer Dress code Q&A

Current Promotions

Upcoming Webinars

CAL Blog Posts

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The shortest war on record was fought between Zanzibar and England in 1896. Zanzibar surrendered after 38 minutes
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Two dogs were among the Titanic survivors
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It would take twenty, new mid-size cars to generate the same amount of pollution that a mid-size 1960’s car did
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In high school, Robin Williams was voted ‘Least Likely to Succeed’

Amber’s Tips & Tricks

Cash Receipts – Finding Customer by Using Invoice Number Title

This is a great tip for Cash Receipts!

ISV Spotlight: Avalara

Sales tax is hard. Avalara’s AvaTax™ makes it easy. AvaTax Calc determines rates based on taxability and sourcing rules, as well as geo-spatial locating for finite accuracy. AvaTax Certs limits audit exposure on non-tax transactions with customer exemption certificate management. AvaTax Returns completes the end-to-end compliance process with return preparation and remittance of sales tax liability. AvaTax integrates seamlessly within your ERP to deliver visibility of certificates and sales taxes, ease of processing from calculation to remittance and detailed reporting. Thousands of businesses rely on Avalara’s cloud-based automation to make sales tax compliance less taxing.

Find out if your business has a need for sales tax automation by taking the Free Needs Assessment Survey

For More Information, visit www.avalara.com

Three Common Accounting Mistakes

Small business owners often make simple accounting mistakes that can make the difference between a good and bad fiscal year. Here are three common errors entrepreneurs make and the lessons you can learn from them.

Mistake No.1: You treat sales as revenue before the product or service is delivered.
When you make a sale, don’t count it as income until you have delivered the product or service to the customer.

Mistake No. 2: You don’t consider the financial ramifications of a large purchase, such as equipment.
When making a major purchase, such as equipment, consider a short-term loan or leasing if purchasing with cash would put a serious dent in your reserves.

Mistake No. 3: You confuse profits for cash flow.
Always track what you’re spending versus selling. Just because there’s money in the bank doesn’t mean you’re making a profit.

For further detail: https://www.entrepreneur.com/article/219523

Migrating From FRx to Management Reporter- A Must Read

You may have heard great things about Management Reporter for Microsoft Dynamics GP and are now evaluating a move from Microsoft FRx. Microsoft has been kind enough to post on their Dynamics Corporate Performance Management blog some information about this migration and what the top 5 support calls are along with solutions.

To discuss a migration, please contact us.

The Summer’s Do’s & Dont’s of Office Dress Code

The Hartford Business Journal recently had a Q&A session talking about dressing for the office during the summer with the branch manager of Office Team in Hartford.

Read the complete article.

Current Promotions

Reenrollment Award for Microsoft Dynamics GP
Renew your service plan and receive up to 20% off* your next qualifying license purchase, add users, purchase new modules or transition to Business Ready Licensing. Note: a minimum purchase of $2500 required. Purchase must be made at the same time as your Service Plan renewal. Discount is based on tenure of customer and consecutive years of being current on Microsoft Dynamics Service Plan.

Click here for a complete list of Microsoft Dynamics GP promotions