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Do You Need A Financial Planner?
No matter how much money you make, it pays to keep on top of money coming in and going out. Even if you do a good job of that, there are important times in your life when talking with a professional adviser makes sense.
Almost every major...
Getting Help With Your Taxes
Preparing your taxes can be incredibly stressful. In many cases, it just makes sense to get some help with them.
Save Me From This Misery!
When it comes time to file taxes, you can look to software or a real live person. In this article, we...
Home Based Business Tax Deductions
Running a home based business reaps many wonderful tax deductions that other businesses some times may not claim. Unfortunately to many small business owners end up paying the government taxes every year because they are unaware or several small...
Is Vacation Rental Ownership Your Business Opportunity?
It's a dream I've heard so many people express: "I want to run a bed and breakfast. They are so cute" Or "I want to own a vacation rental property, so I can get a free vacation and make money the rest of the year.
But what is really...
Keeping Your Own Money – NOT Handing It Over To The Taxman.
Most people trying to make a crust online (or offline for that matter) are so focused on doing just that, they ignore taking simple steps to ensure that they hang on to just as much of it as they can. Instead, they hand over large lumps of their...
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International Support - Microsoft Great Plains VAR/Partner Selection – overview for V.P. IT
Looks like Microsoft Great Plains becomes more and more popular, partly because of Microsoft muscles behind it. It seems to be goof solution for mid-size and even large multinational corporation with Headquarters in US and branches Worldwide. You, as V.P. IT can deploy the strategy, when you host your Great Plains in headquarter and have international offices connect via remote support. Or, you can have regional offices work of their own Great Plains installations and then consolidate information via FRx or other reporting tools
The challenging thing here is to get local Great Plains support for your regional offices. Ideally you should have Microsoft Business Solutions Great Plains Partner - who serves your headquarter and has consultants/technicians close to your overseas operations. It is not always possible, due to multiple reasons:
Europe - in Europe Microsoft Business Solutions has Navision and Axapta lines - so you can not find (with some minor exceptions) local European Great Plains VAR - you have to appeal to remote support.
Multicurrency issue - US-based partners do not usually have this expertise. You have to appeal to ones, operated by former immigrants - there are partners present in two countries with balanced operations in both: like US-Brazil, US-Mexico, US-South Africa
Sophisticated consolidation - usually companies, participating in international business have complex ownership structure with vertical and horizontal structures, mostly due to the necessity to get diversified tax legislation advantage, etc. In this case you need the partner who has experience dealing with at least two or three megamarkets (Europe, East Europe, Asia, Latin America, etc.)
Government-regulated chart of accounts issue - France, Russia and the related counties have this complication - so you have to be able to produce proper reporting and be ready to satisfy auditors with your General Ledger workflow.
Remote Support -
obviously partner should be excellent in the remote support and be ready to travel to your remote location in the case of emergency
Customization - partners who can handle above issues are kind of tax advisers/ international accountants/ business consultants they may not carry technical expertise in Great Plains that you need - each multinational corporation has its specifics and usually has customization in its ERP system. This technical expertise is somewhat common for US-based regular partners, serving specific business metros. In case of their help - you have endless projects, involving regional partners and your IT group plus probably local consultants in remote locations
Cost Issue - in either case - when you deploy multiple partner or when you appeal to huge international consulting/auditing company the cost is very high
In Alba Spectrum Technologies we offer you reasonably priced international support from our multiple locations in USA and Worldwide with good mix of Accounting, multicurrency, tax and technical expertise. Moreover we specialize in serving small market niche in Europe - branches of US multinational corporations, who have local Great Plains users or installations.
Happy shopping and selecting! if you want us to help you - give us a call 1-866-528-0577 or 1-630-961-5918! help@albaspectrum.com
Andrew Karasev is Chief Technology Officer in Alba Spectrum Technologies – USA nationwide and international Great Plains, Microsoft CRM implementation and customization company, based in Chicago, California, Taxes, New York, Florida and having locations in multiple states and internationally (www.albaspectrum.com), he is CMA, CFM, International Business specialist, Dexterity, SQL, C#.Net, Crystal Reports and Microsoft CRM SDK developer.
akarasev@albaspectrum.com
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