How to Handle Multiple Bank Accounts in the Same Legal Entity in D365 Finance

Posted on: November 30, 2022 | By: Christopher Rusing | Microsoft Dynamics AX/365

The process for vendor and customer payments in D365 is typically straightforward when using standard functionality, however, these processes can easily be disrupted when having multiple companies within the same legal entity or company database for D365. This scenario may appear based on the design of the ERP system. Typically, if a company decides to use a financial dimension, like business unit, to divide the different companies then we will...


Negative Net Book Value and Positive Depreciation for Fixed Assets in D365 Finance

Posted on: November 30, 2022 | By: Christopher Rusing | Microsoft Dynamics AX/365

Although it is not common, there might be legitimate reasons for why a fixed asset would have a negative net book value. In some instances, government funds may require that the funds are recorded as a negative value asset, which is then depreciated with positive depreciation. Another example would be if you were migrating fixed assets from a legacy system that allowed negative acquisition costs as a substitute for the...


How to Find a Packing Slip Related to a Sales Order Invoice in Dynamics 365 for Finance and Supply Chain Management

Posted on: November 16, 2021 | By: Christopher Rusing | Microsoft Dynamics AX/365

In Dynamics 365 for Finance and Supply Chain, there is a ton of data that the system is constantly capturing. However, sometimes it’s not obvious where to look to find that information. While processing a sales order, it’s typical that a user will post a packing slip and then invoice based on the items from that packing slip. When you look at the invoice journal, it’s not immediately obvious which...


Run Actuals versus Unposted Budget Reports in Management Reporter

Posted on: March 12, 2021 | By: Christopher Rusing | Microsoft Dynamics AX/365

This Is March. And if you have not posted your budget register entry into your Dynamics 365 for Finance and Operations environment then that may need to be bumped up to the top of your to do list. However, what if you want to see what the budget looks like prior to posting in D365? There is an ‘actuals vs budget’ report within D365, but that does not offer much...


Importing Contacts to Vendors & Customers in D365 for Finance and Supply Chain

Posted on: June 15, 2020 | By: Christopher Rusing | Microsoft Dynamics AX/365

An important part of any ERP implementation is migrating data. It is especially imperative to make sure that you have correct and audited data that is going in the right place. In D365, there can be multiple areas in which information can be stored. Where the information lives in D365 can determine different uses of functionality and how your users can utilize their information to improve their efficiencies. I want...


Create a Forecast Budget in Dynamics 365 for Finance

Posted on: June 15, 2020 | By: Christopher Rusing | Microsoft Dynamics AX/365

The budgeting module in D365 has essentially three levels of complexity that you can setup while configuring your system. We have basic budgeting, budget planning and budget control. Budget planning involves how budgets are created and approved within D365. Budget control limits transactions within the system based on predefined rules. In basic budgeting, you will setup budget codes and budget models to allow you to upload a budget to D365....


Vendor Payment Approval Workflow in Dynamics 365 for Finance

Posted on: May 11, 2020 | By: Christopher Rusing | Microsoft Dynamics AX/365

One of the most useful applications of the workflow in Dynamics 365 for Finance is the type for approving vendor payments. Specifically, the vendor disbursement journal workflow can easily be configured to your requirements. The workflow engine in D365 is very flexible and can offer your business the tools to take that hypothetical path of approvals to an actuality. In this blog, I’m aiming to give you the knowledge to...


Vendor and Customer Information on Voucher Transactions in D365 for Finance and Supply Chain

Posted on: April 28, 2020 | By: Christopher Rusing | Microsoft Dynamics AX/365

The feature management functionality of Dynamics 365 for Finance and Supply Chain allows system administrators to enable new functionality once your environment is updated. Microsoft is allowing each business the ability to choose which features they would like to enable for each environment and when. With so many new features being added with each release, I felt that it was necessary to highlight a specific feature that may provide you...


How to Use the Revenue Recognition Module in Dynamics 365 for Finance and Operations

Posted on: January 3, 2020 | By: Christopher Rusing | Microsoft Dynamics AX/365

The relatively new revenue recognition has been available for a couple months now, but I haven’t seen much documentation on how it can be utilized.  In a previous blog, I showed how to activate this module in your D365 environment.  Assuming you have those steps completed, let’s see how this new functionality works within the system by looking at an end-to-end process of sales order creation to eventually recognizing deferred...


User to Person Relationships in Microsoft Dynamics 365 for Finance and Operations

Posted on: December 17, 2019 | By: Christopher Rusing | Microsoft Dynamics AX/365

Normally, when creating a new user in D365FO, the process begins with importing that user from your Azure Active Directory.  Once you have imported said user, you can add security roles to specify their access level.  Assuming you already have an employee/worker created in the human resources module, the last step would be to associate that user with the worker or ‘person’ in that user form.  What if you made...