Category: Microsoft Dynamics Business Central

As a Microsoft Dynamics Business Central partner based in Chicago, we often get asked “What is the Difference between Dynamics 365 Business Central and Dynamics 365 Finance & Operations?” We support both Finance & Operations and Business Central as both solutions are part of the Microsoft Dynamics 365 family. Dynamics 365 includes ERP (enterprise resource planning solutions) as well as CRM (customer relationship management solutions) . Professional Service Automation and Field...

ERP implementation projects are complex. Management of internal and external client resources, consultants, multiple vendors, rigid timelines, detailed plans, tight budgets, a myriad of tasks and checklists can be difficult. Logan Consulting has adhered to a simple yet effective ERP implementation methodology for years, which has led to its successful track record. As Sharepoint has advanced in functionality over the years, it has become an integral tool to support the...

Microsoft Dynamics Business Central, a cloud-based version of Microsoft Dynamics NAV, finally released earlier this year. Business central is ideal for a company that is in the small to medium in size range. Most would say that the main reason business central can improve a business is due to the Automated processes and workflows, Cross-department data and process flow, and the centralized data management. While Business Central can provide this...

      Use account schedules to get insight into the financial data stored in the chart of accounts. Account schedules analyze figures in G/L accounts and compare general ledger entries with general ledger budget entries. The results display in charts on your Home page, such as the Cash Flow chart. Financials provides a few sample account schedules that can be used right away, or a user can set up his/her own...

    To make it simpler to perform analysis on documents such as sales orders, a user can utilize dimensions. Dimensions are attributes and values that categorize entries so you can track and analyze them. For example, dimensions can indicate the project or department an entry came from. A user can set up dimensions in the Dimensions window, where one line is created for each dimension, such as Project, Department, Area, and...

    A purchase order or invoice is created to record the cost of purchases and to track accounts payable. If there is a need to control an inventory, purchase invoices and purchase orders are also used to dynamically update inventory levels so that inventory costs are minimized and better customer service is provided. The purchasing costs, including service expenses, and inventory values that result from posting purchase invoices or orders contribute...

    You create a sales invoice or sales order to record your agreement with a customer to sell certain products on certain delivery and payment terms. There are a couple of scenarios where you must use a sales order instead of a sales invoice:   If the company needs to ship only part of an order quantity, for example, because the full quantity is not on hand. If the company sells...

Vendors provide the products that you sell. Each vendor must be registered as a vendor card. Before new vendors can be registered, various purchase codes must be set up that are selected from when filling out vendor cards. When all the required master data is created, additional configuration can be performed, such as prioritizing the vendor for payment purposes and listing items that the vendor and other vendors can supply....

Customers are the source of a business’s income. Each customer must be registered as a customer card because they hold the information that is required to sell products to the customer. Before new customers can be added, sales codes must be set up that are selected when the customer is created. These codes include, but are not limited to payment terms, discounts, and salespeople.   To register a new customer,...

One of the most important steps when transitioning from one ERP solution to another is migrating data. With Dynamics 365 for Financials, the following 3 migration options are available by default, which can be launched from the Assisted Setup window: Import from Excel Import from QuickBooks (IIF) Import from Microsoft Dynamics GP Additional migration options from partners can be found in the Extension Marketplace.   Be aware that once transactions...