Microsoft Dynamics GP (formerly known as Microsoft Dynamics Great Plains) is a complete business management solution designed to streamline operations for small to mid-sized businesses. Dynamics Great Plains software can be deployed on your private servers, in the cloud, or as a hybrid solution. Microsoft Dynamics GP software uses Microsoft SQL, ensuring high performance, data security, and a robust data restoration and recovery mechanism.
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Microsoft Dynamics Great Plains (Dynamics GP) is a comprehensive business management application, which helps business organizations seamlessly run their operations all over the globe. Microsoft regularly updates Dynamics Great Plains software to add new features. In 2020, Microsoft Dynamics GP with version 18.3.xx (aka GP 2021) was released. Then comes the GP 2022 with its 18.4 version in the year 2021. Recently, again in Oct 2022, Microsoft released the latest version of Dynamics GP - version 18.5.
Microsoft released a new update for Dynamics GP on Oct 3, 2022. Let's explore what its new features are:
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In Microsoft Dynamics, GP stands for Great Plains. This was the original name of the ERP software before it was acquired by Microsoft and rebranded as Microsoft Dynamics GP.
Microsoft Dynamics GP is a mid-market ERP software solution designed to help businesses manage their finances, operations, and customer relationships. It offers a comprehensive suite of modules that can be tailored to meet the specific needs of various industries in Toronto, including manufacturing, distribution, and retail.
While both Dynamics 365 and Dynamics GP are solutions from Microsoft, they serve different market segments and have distinct features:
Microsoft is not discontinuing Dynamics GP, but it is phasing out the sale of new licenses and focusing on its cloud-based Dynamics 365 suite. Microsoft will stop selling new perpetual licenses in April 2025 and new subscription licenses in April 2026. Existing customers can still buy licenses and modules. Microsoft will continue to provide security updates, regulatory updates, and hotfixes until at least 2028. It is essential to understand that Microsoft is not developing new product features or enhancements for Dynamics GP.
Microsoft Dynamics GP offers a variety of modules to address different business needs. Some of the key modules include:
Using Microsoft Dynamics GP, business can experience several benefits. Here are few: