Released on: March 25, 2008, 2:47 pm

Press Release Author: Alba Spectrum Group

Industry: Computers

Press Release Summary: Microsoft Dynamics GP is excellent fit for mid-size and large
non for profit organization. Great Plains has special suit of non-for-profit
modules, and among them Grant Management.

Press Release Body: Microsoft Dynamics GP is excellent fit for mid-size and large
non for profit organization. Great Plains has special suit of non-for-profit
modules, and among them Grant Management. This module enables functionality, when
you on behalf of sponsors opening the grand for bidding and later on releasing the
funds as project progresses. In this small article we will give you Grant
Management module highlights:

1. Analytical Accounting is required. In fact, GM module deploys the functionality
of Analytical Accounting: dimensions, Accounting Class (to enable Analytical
Accounting tracking entries for GL, AP, RM, SOP, POP and Inventory transactions),
Trees, Budgets, Budget Trees.

2. Grant object in GP is linked to Grant dimension code in Analytical Accounting.
The reporting for Grant Management is done through Analytical Accounting queries,
where you establish the query and send its result to Excel

3. Grant Sponsors. These are GP customers. If you don't have them as customers,
you can create them on the fly from Grand Sponsors screen. You specify the
sponsored amount by each sponsor and grant fund will be increased respectively

4. Multicurrency. You should setup default currency in order to use Grand
Management. It is also needed in Analytical Accounting

5. Beyond Grant Management in Analytical Accounting. GM only deploys alphanumeric
dimension codes and so it is restricted. In GM you only need one dimension, unique
code per grant and budget per grant dimension code. This is probably only ten
percent of Analytical Accounting functionality. Analytical Accounting module in
turn could be recommended to financial analysts in large corporations, where they
can do real data mining, slicing and dicing analysis in Finance department


Web Site: http://www.albaspectrum.com

Contact Details: Andrew Karasev, Alba Spectrum Group, http://www.albaspectrum.com
help@albaspectrum.com, 1-866-528-0577, 1-630-961-5918, serving Microsoft Great
Plains or former Great Plains Dynamics customers since 1994. Local service in
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