Category Archives: finance

Create Financial Statements using Financial Reports in Dynamics 365 Business Central

Overview Since our last video, Microsoft has updated the Account Schedule to be called Financial Reports. In addition, they’ve made minor changes to how the Row definitions and the Column definitions are defined. Here’s the updated video on how to create your financial statements using the Financial Reports (formerly Account Schedule) functionality. The Video

Progress Payment Functionality in Dynamics 365 Business Central

Overview The progress payment functionality allows you to post multiple deposits against a sales or purchase order. The amount of the deposit payment can be any amount you want instead of a percentage. When the invoices are posted, you can choose whatever dollar amount to be applied to each posting of the order. This meansRead more

Create Your Financial Statements using Account Schedules in 4 minutes

Overview Been wanting to record a video on this for a while. Account Schedules remains one of the most powerful, but least used tools in Dynamics 365 Business Central (or Dynamics NAV). Coming from other smaller accounting software where the income statement and balance sheet is predefined, Business Central does require a little bit ofRead more