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Grant Management Implications of New Accounting Requirements for GAAP - ASU No. 2018-08

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Microsoft Introduces Dataflex to improve the Microsoft Power Platform integration with Microsoft Teams

Yesterday at the Inspire event Microsoft announced a new product called Dataflex which is build on the Power Apps Common Data Service.  Dataflex simplifies building and deploying apps and intelligent chatbots in Teams with Microsoft Power Apps and Microsoft Power Virtual Agents.  The Common Data Service has now been renamed to Microsoft Dataflex Pro. 
The rapid expansion of remote working during the COVID-19 crisis has fueled adoption of Microsoft Teams.  Dataflex adds features to make Teams more competitive to products such as Slack.  The new functionality of Dataflex allows apps and bots to be created from inside Microsoft Teams. This means that organizations can access more data without leaving Teams for other apps. 


Adoption of Teams strengthens the appeal of Office 356.  Some companies that rarely used Teams or even maintained subscriptions to online meeting products such as Zoom, GoToMeeting and Webex have come to appreciate Teams for internal and external collaboration.  The enha…

Data and Documents for Grant Management

Managing government and non-profit grants usually requires a combination of structured data along with documents to track all the information required for applications, review, award and post-award reporting.  One of the more important design decisions you can make in implementing grant management software is to determine the proper place for structured data and documents, that is which information is stored where. By a structured database, I mean data that is divided into fields and records which is typically stored in a database.  Structured data lends itself to validation, such as restricting entry to defined data types, making fields required, or checking the data entered against a rule such as minimum and maximum values.
Documents are sometimes needed to capture less structured narrative such as a project description, or to print a well formatted paper document for a signature.  Online documents can have some validation rules themselves, and even some logic such as fields that are …

Understanding Microsoft Dynamics Products

One of Microsoft's growth engines is the Dynamics family of products.  These are business software applications that include enterprise resource planning (ERP), accounting, finance, operations, human resources, customer relationship management (CRM) and even mixed reality and artificial intelligence. In contrast to operating systems and general purpose applications such as Office 365, Word, PowerPoint, and Teams, Dynamics 365 products are for businesses rather than personal use.  In fact, the Dynamics group was formerly called Microsoft Business Systems. Every week I get questions from customers about Dynamics 365, so I thought some background in a post like this might be helpful for those who are considering Dynamics products.  

Here is Microsoft's list of application categories for Dynamics:


As the figure above illustrates, there are many product categories and Dynamics products, and Microsoft is adding new ones each year. The Dynamics 365 products have evolved as three groups:…

CPA Practice Advisor 2020 Review of Serenic Navigator for NPO

The latest review of Serenic’s comprehensive ERP solution for non-profit organizations, Serenic Navigator for NPO, is featured in CPA Practice Advisor. The review describes the requirements of non-profit organizations, such as accounting, management and administrative needs and how they can meet their needs from a single solution – Serenic Navigator for NPO.  The Serenic Navigator for NPO includes Accounting and Financial Management, Award Management, Budgeting and Expense Tracking, Payroll & Human Resources, and Analytics and Reporting. Optional modules including Deposits and Loans, Field Connect, and Donor Management with DonorDirect are also available. In addition, as an embedded Microsoft Dynamics 365 Business Central solution, complete integration with Microsoft applications such as Word, Excel and PowerPoint, is available as well. CPA Practice Advisor rated Serenic Navigator for NPO a 5-star rating based on the completeness of its functions, the grant management capability an…

NaviPayroll from Serenic Software Now Available on Microsoft AppSource

Serenic Software is now offering it NaviPayroll on Microsoft AppSource. NaviPayroll is an integrated payroll and HR solution and the most widely used add-in for businesses using Microsoft Dynamics™ 365 Business Central. By using NaviPayroll as part of Dynamics 365 Business Central, organizations maintain full control of their most sensitive employee data. 
NaviPayroll provides a range of functions for all types of organizations, including: Complete Payroll ProcessingDefine an unlimited number of pay controlsDefine pay cycles to suit the businessSupport multiple business locations and job typesCustomizable earnings distributionsEnter, track and report pay by hour, pay cycle, and sourceCalculate commissions and track and post expenses, automatically calculate taxes, print checksCreate direct deposits and automatically export direct deposit filesAutomatic postings to General Ledger, Accounts PayableMass updates and automatic accrualsTax & Regulatory Updates for U.S. and CanadaHuman Res…

COVID-19 Crisis Highlights Need for Online Presence for Businesses

The COVID-19 pandemic has forced people and businesses to adjust to social distancing with new behaviors. 
Many businesses such as retail and restaurants have had their physical locations closed and forced to conduct all their transactions online.  Some of these businesses already had web infrastructure and delivery capabilities in place.  Others scrambled to create new ways to place orders and pay for products and services online.

These challenges have underscored the need for flexibility in your web presence.  For those who are active on social media, these platforms have been valuable to share updates on the status of institutions.  Churches have broadcast online with Facebook, and Twitter is a great source for sharing breaking news.  LinkedIn provides similar capabilities for businesses to maintain contact with customers and suppliers. 
One of the lessons for bricks and mortar companies may be to develop online alternatives to deliver their products and services.  I, for one, may be…