Overview When moving from a legacy system into Dynamics 365 Business Central, one of the areas you want to try and avoid is messing with the inventory G/L accounts. Most systems are usually pretty good with open A/R (Accounts Receivable) and A/P (Accounts Payable) accounts, they can be transferred using the “posting back to theRead more
Author Archives: Alex Chow
Overview As we dive into the world of Dynamics 365 Business Central implementations, let’s not beat around the bush: the technical side of things, as complex as it may seem, is rarely the real challenge. Dynamics 365 Business Central boasts a swift implementation process and enviable customization options, making it a darling among small toRead more
Overview In Microsoft Dynamics 365 Business Central (formerly Dynamics NAV), when doing costing and profitability analysis, you need to differentiate between a transaction’s True Cost and Accounting Cost. These terms will not appear on any official documentation or manuals, I made them up for a lack of better terms. To better explain the difference betweenRead more
Overview Sometimes, how a computer system does accounting will be different than how traditional accountants does accounting. One of the subjects that always come up for debate is how COGS (Cost of Goods Sold) is calculated. The Postings In Dynamics 365 Business Central, when a purchase of inventory is made, 4 General Ledger accounts areRead more
It’s the dawn of a new year and if you’re still reading this blog, congratulations! Why? Because you’re still in business after going through the worst economic collapse since the Great Depression. So hats off to you and thank you for keeping our economy afloat by doing what you do! I have to say thatRead more
The New Hope: The new requirement for the MPN (Microsoft Partner Network) have many small partners (including myself) start questioning whether Microsoft cares about them at all. It seems like the new requirements are designed to have one specific interest in mind: to get rid of small partners. From a business perspective (meaning the perspectiveRead more
This is an overview of my experiences at Directions US 2010. Again, Directions US 2010 is THE place to be at if you’re interested in learning any new for Dynamics NAV (Navision). The biggest difference that I noticed on this conference is Microsoft’s presence. But the biggest presence is not about showcasing the latest technology,Read more
For some reason unfamiliar to me, Microsoft likes to write tutorials that does not easily teach you what you need to do to get the job done. For basic List type reports, yes, it’s quick and simple, however, when it comes to reports involving forms (i.e. sales order, sales invoice, etc), I cannot find aRead more
Despite what the salespeople will tell you, an upgrade is an intensive task. While it’s not as intensive as doing a new implementation, it should not be taken lightly by the partner or the end user. One of the best things about Dynamics NAV/Navision it gives you the freedom to modify it so it fitsRead more
Since Microsoft announced the new Business Ready Enhancement Plan Renewal Policy, talks about whether the customer should stay current has increased significantly. At 16% of your total software list price, it’s potentially a sizable recurring investment for companies using the software. Not just specifically to Microsoft, almost all ERP, CRM, business software out there requiresRead more