Category: Microsoft Dynamics Business Central

Microsoft Dynamics 365 Business Central contains the functionality that allows for approval workflows throughout the system. With a workflow, users can connect business-process tasks performed by different users. System tasks, such as automatic posting, can be included as steps in workflows, preceded or followed by user tasks. Requesting and granting approval to create new records are typical workflow steps. On the Workflow page, users can create a workflow by listing...

The IRS requires one or more versions of the 1099 tax form for payments to vendors. Copies of these forms must be sent to vendors annually on or before the last day of January. On users’ purchase documents, you can specify that the document is 1099 liable, and users can specify the 1099 code for the vendor. Business Central has added new 1099 Form Box codes NEC-01, MISC-14, and a...

In order to pay vendor invoices in Business Central, the Payment Journal must be used to generate paper checks, ACH payments, or manual checks. While this journal can be filled out manually or using Edit in Excel, this task can become very time-consuming if there are dozens or hundreds of invoices to pay. In light of an increasingly digital marketplace, we highlight Business Central’s Suggest Vendor Payment functionality that allows...

Business Central allows users to create sandbox environments, non-production environments where businesses can freely test, explore, and develop services without disturbing work processes and data. Although sandbox environments are a great way to run test scenarios and test new functionalities, they do not always function as exact replicas of production environments. Therefore, if your business needs to run test scenarios, it may be more useful to create a test company...

Since Microsoft Dynamics Business Central’s October 2020 wave 2 release, you may have noticed your Business Central environment looks a little different. In its latest update, Business Central focuses on delivering world-class service to meet the demands of a rapidly growing customer base. The upgraded platform boasts improved performance, better handling of file storage, geographic expansion together with support for Group VAT, top customer-requested features, and deeper integration with Microsoft...

Microsoft Dynamics 365 Business Central, an eminent ERP and CRM solution, allows businesses to easily reconcile their bank accounts by importing bank transactions. In this blog post, we will explain how to define a CSV file for a bank statement imports in Business Central. In order to match transactions, a bank statement import format needs to be set up to enable mapping of the bank reconciliation. Before beginning the reconciliation...

  As industry needs shift with changing demands, businesses may be looking to migrate from Dynamics GP to Dynamics 365 Business Central. Some clients believe it is just a simple upgrade, while others it to be a completely new implementation that is too big a task to tackle. In this article, we will help address this discrepancy by outlining four important things to know about the switch from GP to...

In Microsoft Dynamics 365 Business Central, payments that are received from customers are recorded in the cash receipt journal. This journal then posts to general ledger, bank, customer, vendor, and fixed assets accounts. You can apply the payment to one or more debit entries when you post the payment, or you can apply from the posted entries later. There are four ways that you can process customer payments in Business...

In an increasingly digital age, finding a suitable business management solution can be a daunting task. In order to help, we have created a simplified guide to picking the correct edition of Microsoft Dynamics 365 Business Central based on your business needs. Currently, Business Central is offered in two different editions: Essentials and Premium, priced at $70 and $100 per user per month respectively. The question is, which edition do...

Navigating through the challenges of today can be difficult when faced alone. We invite you to rely and engage with others by collectively working towards a positive future with Community Summit 2020. Community Summit, hosted by Dynamics Communities, is the largest virtual gathering for Microsoft technology users and partners. The summit offers hundreds of educational sessions covering Microsoft Power Platform, D365 BC/NAV, D365 FO/AX, D365 CE/CRM, Dynamics GP and Dynamics SL. Despite being...