The transition to ASC 606 for nonprofits is here for some and looms on the horizon for others. Are you ready? Can your accounting software handle the new revenue recognition requirements?

For nonprofits to be fully prepared, it's important to know the following, as covered in this blog:

• Effective dates
• Understanding new revenue recognition rules
• Determining if you have the right accounting software to handle revenue recognition requirements

A few years ago, one of our clients came to us with a challenge. The client was using Microsoft Dynamics GP ERP software, and needed to send payment files to Wells Fargo's Payment Manager.

While Payment Manager is a popular service that allows clients to send large batches of AP files to Wells Fargo for payment processing, the system has a complicated file format that makes it difficult to get the data out of GP into a format that can be uploaded to the Wells Fargo website.

When our consultant tried to make it work with some out-of-the-box software, it turned out to be too big a task.

It was passed to our development team, who, we are proud to say, has a pretty rare mix of programming knowledge. The result was AP Connect – a cost-effective, easy-to-use solution built directly into Microsoft Dynamics GP, so no external applications or integrations are required.

by Saeward Schillaci, The Resource Group

“It is still our aspiration, in everything we do, that we’re going to be the best in the world.” – Tom Jurasek, Director of Product Management, speaking at Sage Intacct Advantage 2017

Since 1988, The Resource Group has added value to a wide variety of businesses with the Microsoft Dynamics GP ERP solution so they can better manage their accounting and understand their financials.

Now, we're now adding value to Dynamics GP itself.

6 Dynamics GP Add-On Tools

Because we have a talented team of software developers with deep knowledge of Dynamics GP, we also understand what it does well and where it could be improved. Additionally, with so many clients over the years, we've discovered through their business needs ways to improve Dynamics GP even more through our add-on solutions. Read about our six add-on tools, which enhance your Dynamics GP solution.