Fixing Your Trial Balance in Microsoft Dynamics 365

Posted on: September 20, 2021 | By: Lauren Yang | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

You can use the financial dimensions page to create financial dimensions that you can use as account segments for charts of accounts. There are two types of financial dimensions in D365: custom dimensions and entity-backed dimensions. Custom dimensions are shared across legal entities, and the values are entered and maintained by users. For entity-backed dimensions, the values are defined somewhere else in the system, such as in Customers or Stores entities....


How Sustainable Transportation Inspires Change with D365

Posted on: September 19, 2021 | By: Lauren Yang | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

Today, we find ourselves in the midst of a sea change—both figurative and literal, as the accumulated impact of human activity causes global sea levels to rise—that has leaders in government and business reevaluating the role of the corporation in society and questioning the idea that profits are the only good that companies should strive to attain. In the context of transportation, many leaders are investing in new ways to...


Easily Write Off Bad Debt with Dynamics 365 for Finance

Posted on: September 13, 2021 | By: Lauren Yang | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

As undesirable as it may be, it is common for a company to have a need to write off a bad account receivable after the specific account is found to be uncollectible from a customer. Why do businesses decide to write off bad debt? Writing off bad debt serves the purpose of improving the company's accuracy in accounting; it does not remove the customer's obligation to pay. It brings visibility...


How Manufacturing Becomes More Intelligent with D365

Posted on: September 13, 2021 | By: Lauren Yang | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

Today, we’re in the midst of a Fourth Industrial Revolution, driven by intelligent automation. The significance of this revolution is not only about increasing productivity and decreasing costs in manufacturing; it’s in how it’s changing the way we work, communicate, and interact with the world on a global scale. In the past, the management of industrial technology in manufacturing has been divided between IT and operational technology (OT). But in...


Review Collections Information in Microsoft Dynamics 365

Posted on: September 7, 2021 | By: Lauren Yang | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

When setting up your collections module in your Dynamics 365 Finance environment, it is important to ensure that your collections team has access to work with their assigned customers. In this topic, we will explain how to review collections information as well as various setup options and collections transactions. This way, the Collections team does not get overwhelmed with information and can efficiently filter to their specifically assigned customers. Collections...


How Focus Shifts from Technology to Experience in D365

Posted on: September 7, 2021 | By: Lauren Yang | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

As customer expectations rise, manufacturing leaders are turning to technology to help them deliver better, more consistent experiences. Across the board, technology is helping manufacturers become smarter, leaner, and more responsive to customers’ needs, ushering in a bright new era of manufacturing. Servitization-centered manufacturing is becoming the new mantra for many manufacturers. In the B2C sector, this means not just keeping track of data such as who the end consumer...


Utilize Asset Leasing to Manage Leased Assets in Microsoft D365 Finance

Posted on: August 30, 2021 | By: Lauren Yang | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

In today's highly technological world, most automotive organizations are experiencing unprecedented challenges and making new plans. In such times, organizations must remember to address changes in accounting regulations as well. Dynamics 365 for Finance & SCM helps businesses reduce risk, and to automate and modernize global financial operations. Asset leasing in D365 Finance is an advanced capability for managing, tracking, and automating financial transactions for leased assets in Microsoft Dynamics...


Dynamics 365: Release Enhancements Plan September 2021 

Posted on: August 28, 2021 | By: Lauren Yang | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

The 2021 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 & Operations for these apps: Finance, Supply Chain Management, Guides, and Project Operations.  Dynamics 365 Supply Chain Management obtains a unified view of inventory, warehouse, manufacturing, service, and logistics with predictive analytics.  New Feature: Schedule with infinite capacity support for Planning Optimization...


How to: Audit Invoices and Key Data in Accounts Payable for D365

Posted on: August 24, 2021 | By: Lauren Yang | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

When you receive an invoice from a vendor for goods or services on a purchase order, the business processes might require that the goods or services be received before the invoice can be approved for payment. Before you begin, make sure that the Invoice matching configuration key is selected. Accounts payable invoice matching is the process of matching vendor invoices, purchase orders, and product receipt information. In the Accounts payable parameters page,...


Improve Inbound & Outbound Warehouse Operations in Transportation

Posted on: August 23, 2021 | By: Lauren Yang | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

Managing transportation logistics is both complex and costly if you do not have an efficient supply chain management system. Bringing materials to your company and delivering the finished products to consumers are two separate facets of logistics: inbound and outbound logistics. Inbound logistics covers the receiving of goods and raw materials from suppliers to businesses, and outbound logistics encompasses the delivery of goods and products to the end customer. Dynamics...