Dynamics Blogger

In most businesses,we come across the situation where a vendor is become a customer to us and vice versa. In these types of cases, the business needs demands us to consolidate the customer and vendor activity so that the statements reflect true and fair view of the transaction activity. Dynamics GP provides standard functionality to take care of Customer/Vendor Consolidation. Features of Customer/Vendor Consolidations include : 1. Auto Create Vendors and Customers 2. Consolidate balances in Payables or Receivables for a single company 3. Assign Relationships between existing customers and vendors 4. Easily Track the Consolidations using Cross-Module Link 5. Vendor Balances and Customer Balances can be consolidated including National Account Customers 6. All Open Payables/Receivables debit &credit documents can be applied against each other to consolidate the current balances  Setting up Customer/Vendor Consolidations is quite easy to start with. ...