Microsoft Dynamics SL Reviews & Insights

We processed all our transactions in Microsoft Dybamics SL, for income and expenses cycles. I would say that not being an online operation makes difficult to have data always on time, because it uses batches sometimes business rules are not achieved but transactions were already made. So only thing is to correct them through sql

It's less suited due to high costs for managing all infrastructure IT needs

Microsoft Dynamics SL is our primary financial software. We use this program for invoice entries, vendor information, purchase orders, inventory management, weekly check runs, bank reconciliation, journal entries, general ledger management, profit and loss, trial balance reports, cash forecasting, annual 1099 forms, and all related monthly financial reporting. This program is predominantly used by our Accounting and Accounts Payable teams.

For a small to mid-size business, MS Dynamics SL is effective. We are capable of managing our finances with a very low risk of error. We have worked with MS Dynamics for almost 15 years and have more than doubled the size of our business in that time with very few issues from the program. We have exponentially increased our revenue and reporting demands and have found SL to be very dependable and stable.
The program does have the occasional glitch and those are sometimes outside of the realm of expertise of our IT department. SL support is excellent, but their timeliness is not as urgent as ours.

We currently use Dynamics SL as our sole accounting software. Only people within the accounting department have access to the software although we have a department who runs their own checks because of a unique specific function. However this department is reviewed and monitor by the finance department to ensure proper internal control.

I have found Dynamics to be not very user friendly. The GL analysis function is quite lacking when comparing to other systems I've used in the past. In addition, the report writer again is not very user friendly and intuitive. Lastly, the sorting function uses coding language for the filters which makes training new users quite cumbersome.

Dynamics is definitely designed for a manufacturing or smaller companies who is looking to transition to all Microsoft products. There are project and allocation features that may work well with companies who have cost allocations. However, that also depends on the reporting needs and how robust of an allocation.

The program is not very appropriate for non-profit accounting environment because it does allow for fund accounting very appropriately. Any organizations that require complex reporting structure should also look at other software that has more robust reporting features.

It's used as our financial system. Used for functions like accounts payable, inventory, billing and general ledger.

Probably a good fit for small to medium sized organizations who need basic functionality.

We are using it for project and crew based cost accounting in one of our utility contracting companies and are in the process of rolling out the system to another one of our largest companies. Eventually, all companies under the holding company will deploy Dynamics SL as their ERP system as well as the parent company. The parent company will perform cross company consolidations.

In the service series, there is a weakness in applying revenue recognition concepts which are a strong point of the project series. It is difficult to get a period sensitive WIP that could be recreated at any time for a point in time (fiscal period).

Microsoft Dynamics SL is used for project management and financial reporting. It is used across the organization. The financial modules provide general ledger details and reporting along with payroll being processed for projects and management.

What type of business are you in and does it need the project modules?

We use Microsoft Dynamics SL as our financial software handling all accounting operations, from daily AP, AR, to GL and as a financial reporting base. We also use the project module to manage our projects. Everything we do in our operation is project centric and this software gives access to all staff on every aspect of each and every project, from hours, to expenses, revenue and AR. We use the core of SL in accounting with each of four accounting/HR staff members having an installed version on our computers. We have eight offices around the country from coast to coast, central and south. Each office has access to our Business Portal or Apps to enter projects, time, expenses and to review each project. We have complete transparency of operations in daily project information. Accessibility is extremely important to our continued success in managing projects. We came from a good number of users all accessing "Solomon" directly to the light user version and we could not be more pleased with performance and daily use.

Does the out of the box version of Microsoft Dynamics SL meet our needs? Many companies have rituals and functions that were established to accommodate what they have to do in the software they use. Take a good look at standard SL in the modules needed, if those functions meet your core needs go with it. Customizations can be done, but keeping a streamlined product allows for quicker and painless upgrades. With that, you gain the benefits of the product that Microsoft Dynamics has put in place to improve the product. Think about reworking internal procedures to meet a standard software.

Dynamics SL is our Accounting and Financial Reporting engine for almost 200 companies in the US and Canada. Using Multi-Company allows us to centralize some processes (AP Checks for example) while allowing a very decentralized user base to perform local transaction activity. SL's flexible structure has allowed us to add companies and sub-accounts enabling us to grow from a $100 Million dollar company in 1999 when implemented to a $3 Billion dollar company at the end of 2014.

The key strength is the ease of adapting to ever-growing operations. Designing the setup with both the short and long-term goals in mind will allow the best setup/configuration to be completed. As growth requires changes, the flexibility of the system and reporting will grow with the company. Internal knowledge should be gained to allow for the ease of utilizing the system to accomplish this growth in addition to the reseller/consultants used.

Currently, it is not being used at my organization. It was highly utilized at my last organization, where I worked for 3 years. It was predominantly used within the finance and accounting department, where we used it to keep track of our G/L accounts as well as make debit and credit adjustments to our factories overseas. It helped us keep track of what we owe and what is to be paid out to us.

I worked within finance and accounting and I feel like for the most part it is extremely user friendly. Despite a few bugs/glitches in the system, it was very straightforward and easy to use. It gives you what you are looking for. Definitely recommended to keep track of the books.

We use Dynamics SL across our organization: Accounting, Order Processing, Shipping/Receiving, Purchasing, Engineering, and Manufacturing. SL addresses the need of sharing information between various functional groups and then making this information readily available in a variety of methods.

I would only recommend Microsoft Dynamics SL to a small or medium size organization that is project or service oriented.