Blogger extraordinaire, Mark Polino, www.dynamicaccounting.net, has some great things to say about “The Closer”. For those of you who don’t know Mark, he is one of a very select group of people who hold the title of “Dynamics MVP”. Mark was a featured speaker at Convergence this year as the host of the very popular “50 TIPS” sessions. Please visit Mark’s site and sign-up for his candid blog posts about Dynamics GP. Here is a quote from Mark about “The Closer”:

"You all know that I'm a big fan of reconciling sub-ledgers to GL on a daily basis. The folks at Reporting-Central showed me their new balancing tools designed to do just that. The cool thing about the reports is that they show why the two don't balance and what transactions cause the out of balance situation.

For example, on inventory balancing, there might be a section labeled GL or Inventory Sub-ledger posted in wrong period or an indicator that the wrong account was used along with specific transactions in each section. These go way beyond the AR and AP balancing functionality built into Dynamics GP and include reconciliations for AP, AR, Accrued Purchases, COGS, Sales and Inventory.

It's time to stop whining that you can't balance and get control of your accounting department again. When you know what is causing out of balance issues you can step up and take action to prevent those issues from occurring.“

Mark Polino