Environmental, Social, and Governance Initiatives with Dynamics 365 Finance

Posted on: January 23, 2023 | By: Hope Jin | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

The upcoming decade will be vastly different from the previous one as digital technology will be essential for navigating the challenges faced by business leaders today. With constant change and increasing economic, environmental, and social complexities, it is crucial for leaders to find ways to use technology to improve both business performance and overall well-being of society and the environment. The following blog will explain a couple ways that Dynamics...


How Microsoft Dynamics 365 Supply Chain Management Platform Can Help Your Business

Posted on: January 23, 2023 | By: Hope Jin | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

Companies globally strive for dependable supply chains to fulfill customer needs. If there is anything that companies have learned from the years past, it’s to plan for the unexpected. Relying solely on past experiences to guide future decisions is no longer effective as customer demand is constantly evolving, whether due to economic factors or a shift towards environmentally-friendly choices. Earlier this week, Microsoft announced the Microsoft Supply Chain Platform to...


Dynamics 365: Release Enhancements Plan February 2023

Posted on: December 22, 2022 | By: Tyler Linderman | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

The 2022 release wave 2 plan for Dynamics 365 brings new innovations that provide you with significant capabilities to transform your business. This month’s release contains the following exciting new features in Dynamics 365 for Finance & Supply Chain Management for these apps: Finance, Supply Chain Management, Guides, and Project Operations.  Dynamics 365 Finance drives automation and predictive analytics capabilities.  New Feature: Optimize year-end close Business Value: helps execute year-end close faster...


Dynamics 365: Release Enhancements Plan January 2023

Posted on: December 22, 2022 | By: Tyler Linderman | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

The 2022 release wave 2 plan for Dynamics 365 brings new innovations that provide you with significant capabilities to transform your business. This month’s release contains the following exciting new features in Dynamics 365 for Finance & Supply Chain Management for these apps: Finance, Supply Chain Management, Guides, and Project Operations.  Dynamics 365 Finance drives automation and predictive analytics capabilities.  New Feature: Ledger settlement automation Business Value: save time and labor costs...


Dynamics 365 Project Operations Application

Posted on: December 22, 2022 | By: Tyler Linderman | Microsoft Dynamics AX/365

Today’s project-based services industry is a highly competitive market where winning deals, increasing profit margins, and providing excellent project delivery are crucial for success. The Dynamics 365 Project Operations Application provides users with one application connecting sales, resourcing, project management, and finance teams together to achieve more deals, increase profits, and excel in project delivery. Dynamics 365 Project Operations employs capabilities from the existing Dynamics 365 Project Service Automation along...


Asset BOMs in Dynamics 365 Supply Chain Management

Posted on: December 13, 2022 | By: Emily Aro | Microsoft Dynamics Manufacturing, Microsoft Dynamics AX/365

Asset bills of materials (Asset BOMs) are great tools for your business to keep track of all of the materials associated with a certain asset. Asset BOMs can help increase efficiency for technicians and help managers with inventory management. In order to keep this information organized and up to date, it is important to be familiar with how to utilize Asset Management in regards to Asset BOMs in Microsoft D365. ...


Optimize year-end close with Microsoft Dynamics 365 Finance

Posted on: December 13, 2022 | By: Emily Aro | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

Year-end close can be a stressful time. To ease stress and to execute a successful year-end close it is essential to utilize all resources for increasing performance. With the Microsoft Dynamics 365 Finance Optimize year-end close service add in, you can increase performance and minimize the impact on SQL database.  In this blog, we will introduce you and your team to the year-end close add-in and highlight the following topics:...


Dynamics 365: Release Enhancements Plan December 2022

Posted on: December 1, 2022 | By: Tyler Linderman | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

The 2022 release wave plan for Dynamics 365 brings new innovations that provide you with significant capabilities to transform your business. This month’s release contains the following exciting new features in Dynamics 365 for Finance & Supply Chain Management for these apps: Supply Chain Management. Dynamics 365 Supply Chain Management obtains a unified view of inventory, warehouse, manufacturing, service, and logistics with predictive analytics. New Feature: Preload streamlined on-hand inventory lists Business...


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...