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Showing posts with the label EFT

Codename GP "12" Preliminary Features Series - 2 of 4

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Codename GP "12" Preliminary Features - Part 2  This is article is part 2 of 4 from the series Codename GP "12" Preliminary Features . Some images and content reproduced with express permission from Microsoft Business Solutions, a division of Microsoft Corporation. DISCLAIMER: These features are subject to change. Yesterday, in Part 1 of the Series  we saw some of the new features in the Simplicity pillar: Select printer at Print Time, improvements in the Fixed Assets calendar setup process, reprinting of check remittances, and the ability to print SSRS reports directly from within Microsoft Dynamics GP, in what seems to be a race to replace Report Writer reports. Today, we will take a look at some of the features in the Productivity pillar, whose aim is to "enhance productivity from application configuration to frequently performed tasks" . Productivity Features System Enhancements Among the features being worked, the Named System Datab...

Wise up with Wiseguy

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Just a few days aback, I wrote an article referencing the acclaimed 1984 movie, Ghostbusters. In this occasion, my friend and fellow MVP, Mark Polino , makes an appearance with his new short fictional story, Wiseguy. Wiseguy is a new twist to the classic mob tale. Prospective mobster Joey is stunned to learn that the family business is going to start filing tax reports with the IRS due to the power of Microsoft Dynamics GP. With the help of Jersey girl, Isabella, Joey must learn to collect cash using Microsoft Dynamics GP, instead of the traditional baseball bat method. Wiseguy highlights some powerful features in Microsoft Dynamics GP including the Collections module, Accounts Receivable, EFT, and Scheduled Payments. It also highlights The Closer and The Validator . The story shows how learning Microsoft Dynamics GP can be fun and entertaining. You can download Mark's work for free using a code from Reporting-Central  - With a name like Gianmarco Salsano backing up Mark, y...

International ACH Transaction (IAT) functionality for Microsoft Dynamics GP 10.0

For those of you awaiting key EFT enhancements in Microsoft Dynamics GP, here is a bit of news published back in July -- a bit late, but still worth sharing. The National Automated Clearing House Association (NACHA) and Office of Foreign Assets Control (OFAC) have published new specifications for International ACH Transactions (IAT). As of September 18, 2009 the new IAT code will need to be in place that requires participants to identify international transitions and to code these transactions as IAT transactions. Additional information regarding the specification can be found at http://www.nacha.org/IAT_Industry_Information/ Microsoft Dynamics GP 10 will support the new International ACH Transaction (IAT) ACH format changes with the release of Microsoft Dynamics GP 10 service pack 4. The electronic file transfer (EFT) formats will be changed for Microsoft Dynamics GP Payables and Receivables modules. Note: The Royal Bank of Canada file format specification changes will also be include...

Implementing PayPal exports with EFT for Payables

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Recently I had a chance to look into a post on the Microsoft Dynamics GP newsgroup where the consultant required the ability to upload hundreds of payments into PayPal as a business process using the EFT for Payables module. At first, I thought the issue was more related to the interfacing abilities with PayPal, but soon discovered this was not API-related -- PayPal also provides an API that can be called via web services. It turns out, PayPal allows its customers, in its simplest form, to upload a mass payment tab-delimited text file containing the email of the payee or recipient, the amount to be paid, currency, a unique identifier for the recipient (which can easily be the vendor ID from GP), and a note or transaction description. For more information on PayPal's formatted file click here . Knowing this, the first limitation with EFT Payables is its ability to generate tab-delimited files. However, it does provide the ability to create fixed length files and XML files which can...