Unlocking Efficiency: The Power of New Landed Cost Features in Freight Container Management for Business Central 365

We’re excited to introduce the latest updates to our Freight Container Management app for Dynamics 365 Business Central. Our mission has always been to make container management a breeze for businesses dealing with overseas vendors. With these new enhancements, we’re taking efficiency to a whole new level. Let’s dive into the exciting features: 1. MultipleRead more

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

Why Your Inventory Valuation Does Not Match the Inventory Account on the General Ledger

Overview At the end of every month, we will inevitably get some questions on why their inventory valuation figures does not match the G/L inventory account in Dynamics 365 Business Central. We would investigate and find out why and provide solutions on how to fix them. Some of the reasons are pretty common so I’dRead more

How to Handle Tariff and Duty Calculation Using Dynamics 365 Business Central

Overview With recent tariff announcements constantly evolving, importers face increased pressure to properly allocate duty and tariff costs into their inventory valuation in Dynamics 365 Business Central. For example, if an item costs $6.00 per piece and is imported from a country like China, your final landed cost per piece could jump to $14.70 dueRead more

The Reality of Remote ERP Implementation: Lessons After Years in the Trenches

Overview A few years into doing remote implementations, I’ve come to realize that this shift hasn’t been as seamless or efficient as people like to believe. I had a recent project where a customer on the East Coast wanted me to help them implement warehousing and shipping for their Dynamics 365 Business Central. From theRead more

The Problem with Over-Receipt Functionality in standard Dynamics 365 Business Central

Overview In standard Dynamics 365 Business Central, there’s an Over Receipt functionality that allows the warehouse to receive more than what was actually ordered on a purchase order. This is helpful in scenarios where a vendor sends a little extra, whether on purpose or by mistake. Microsoft provides a nice overview of this here: https://learn.microsoft.com/en-us/previous-versions/dynamics365-release-plan/2020wave1/dynamics365-business-central/receive-more-items-than-orderedRead more

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 Dynamics 365 Business Central. 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 AccountRead more

Maximizing the Benefits of Installment Payment Functionality for Dynamics 365 Business Central

Overview Installment payments have become a popular way for companies to offer their customers flexible payment options for products and services. However, Dynamics 365 Business Central does not have the ability to manage installment payments effectively, making it difficult for companies to take full advantage of this payment method. In this article, we’ll explore aRead more