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
Category Archives: implementation
Overview Fixed assets in Dynamics 365 Business Central is a pretty simple area to setup and use. In most cases, here are the 3 main things that needs to be done: Setup a fixed asset Post initial book value (or acquisition cost) Run depreciations Assumptions It’s assumed that your Dynamics 365 Business Central, in particular,Read more
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 One of the most often asked about features when dealing with inventory is the ability to keep track of inventory by bins in the warehouse. While The Warehouse Management System will benefit the accuracy of the items that are stored in the bins, careful consideration must be made during setup so when you goRead more
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
Dynamics 365 Business Central, implementation, upgrade
Independence with Dynamics 365 Business Central online
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Mar
Mar
Overview I’m sure you’ve already read a lot of good reasons on why moving to Dynamics 365 Business Central Online is the greatest idea ever. I will 110% agree with that statement. But this article, I’m going to list out some of the reasons that comes to my mind when working with clients on DynamicsRead more
Overview Permission setting in Dynamics 365 Business Central is a serious, but not serious topic. When a company coming from a legacy system or no system, they will always want to restrict everything. The older systems are easier to restrict because there’s not a lot of functions you need to worry about. A considerable amountRead more
Overview On Dynamics 365 Business Central release 18, Microsoft made significant changes to the bank reconciliation features. Most of the articles and videos on entering beginning bank balances are still based on the older versions Dynamics 365 Business Central or Dynamics NAV. Just thought I would share with the community on setting up your beginningRead more
Overview I’ll admit that I’m a bit of an old school person when it comes to implementing Dynamics 365 Business Central (formerly called Dynamics NAV). I believe when you make a decision to implement Dynamics 365 Business Central for your business, the transition should be smooth with minimal disruption. In fact, these transition often makeRead 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