Author: Christopher Rusing

Reading the title of this blog might be initially confusing. How could you amortize prepaid expenses through a module that is focused on billing customers? It is true that the main function of subscription billing is to support additional functionality when billing customers. There is the recurring contract billing functionality that can be used to configure a billing schedule for your customers. Also, in accordance with ASC 606, the multiple...

Creating a new main account is a common periodic process for accounting users of D365 for Finance. It is typical in many D365 for Finance environments that a new main account is created within a shared chart of accounts for ease of maintenance and reporting. In previous versions, like AX 2012, you were able to add alternative configurations and settings for each main account per legal entity via the legal...

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...

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...

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...

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...

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...

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....

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...

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...