Its comprehensive reports are easy for first-time business owners to generate and understand, and it offers more thorough reporting than just about any other software out there.īut QuickBooks Online isn’t necessarily the best online accounting solution for you. QuickBooks Online is one of the most popular bookkeeping software choices in the US. And thousands of accountants and bookkeepers do use Xero already, so you can search Xero’s directory to find a local accountant who’s already familiar with the software. That should make collaboration easier for Xero-using small-business owners who (wisely!) work with financial advisors around tax time. While QuickBooks Online wins our top spot for now, we’re hoping that as Xero’s user base expands, more accountants and bookkeepers will sign on. For instance, most virtual and outsourced bookkeeping services still use QuickBooks or proprietary in-house software-though some, like Bookkeeper360, also sync with Xero. You can generate interactive financial reports any time and send them to your key financial collaborators, including business partners or tax advisors.Įven though we generally prefer Xero to QuickBooks, QuickBooks Online remains the most popular accounting software for US-based accountants, bookkeepers, and auditing clerks. In contrast to most accounting software, Xero includes unlimited users at no additional cost.
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The software’s bookkeeping features include double-entry bookkeeping (the most accurate bookkeeping and accounting method), plus dozens of customizable reports. Learn more by contacting a Microsoft Dynamics GP partner like The Resource Group.Xero is our top accounting software pick for small-business owners-its ease of use, low starting price, and thorough features set it apart. Since the reporting is presented through Excel, the report can be accessed to users who are not Microsoft Dynamics GP users.Ĭreate amazing Business Intelligence easily: Analysis Cubes for Microsoft Dynamics GP and Excel
Analysis Cubes, and other data warehouses, are designed to compile complex datasets behind the scenes, oftentimes linking multiple tables together, saving the report builder the time commitment to perform this, and other highly complex functions. This ease of use is accomplished by the design of the Analysis Cubes.
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This saves the team time from having to update spreadsheets manually.
The data in the report will be as current as the last data refresh of the data warehouse. Once Analysis Cubes has been deployed, Excel is able to access this pre-built data warehouse to create both pivot charts and pivot tables. The answer is: yes! Enter Analysis Cubes for Microsoft Dynamics GP and Excel.Īnalysis Cubes enables team members to use Microsoft Excel to quickly develop Business Intelligence (BI) Key Performance Indicators (KPIs) using a drag and drop method directly in a tool that most financial team members are already familiar with, Excel. Many of these tools require an understanding of a relational database and table linking logic to build reports.ĭue to some of the complexities of these and other reporting tools, I’m asked on a regular basis if there is a way to perform drag and drop reporting to bypass the often steep learning curve associated with these tools. If you have performed any amount of report or inquiry work within Microsoft Dynamics® GP, you are probably familiar with SmartList Builder, Excel Report Builder, SQL Reporting Services (SRS/SSRS), Crystal Reports, and many other development tools.