Category: Microsoft Dynamics Manufacturing

Budget planning is a critical part of running a business. It allows you to oversee and better understand whether your business has enough revenue to pay its expenses. With the Budget Planning feature in Dynamics 365 Finance, an organization can configure budget planning, and then set up budget planning processes to meet its policies, procedures, and requirements for budget preparation. By understanding the concepts and terminology that are used in...

A recurring invoice is when a customer consistently orders the same products or service, and the same invoice gets sent again and again. There is no change in information, products, services, or client information. For example, if a metal fabrication company consistently sells their products to a car manufacturing company on a weekly or monthly basis, it would be useful to set up a recurring invoice. Recurring invoices are great...

Product information is the backbone of supply chain and commerce applications across all industries. It refers to processes and technologies that focus on centrally managing information about products (for example, across supply chains). Using a product information management system (PIM) is a great way to centralize and organize information and is a tool that allows you to seamlessly manage product content. By having well-structured data, it will make it easier...

Cash discounts are incentives given to vendors to get them to pay a bill before it is due. The customer will usually reduce the amount that the vendor owes by either a small percentage or a set dollar amount. In Microsoft D365 Finance, cash discounts are setup and shared for Accounts payable and Accounts receivable. The cash discount available can be defined on the customer invoice or vendor invoice, and...

A challenge that many manufacturers face is keeping production on time and efficient. Operations scheduling helps with allocation of resources, workforce scheduling, and production equipment scheduling. This ensures that jobs are designated to the right people or operations are assigned to the right machines. If properly executed, operations scheduling can increase your company’s revenues and decrease the overall production time. This blog will explain the basics of operations scheduling. Components of...

As you may already assume, Dynamics 365 Finance and Supply Chain Management has introduced new and improved functionality compared to Microsoft Dynamics AX. This is the fifth blog of a 7-part blog series that focuses on comparing the warehouse management and transportation functionality available in Dynamics 365 Finance & Supply Chain Management with the former versions of Dynamics AX. Check out the first blog right here, the second blog here,...

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: Finance, Supply Chain Management, Guides, and Project Operations.  Dynamics 365 Finance drives automation and predictive analytics capabilities.  New Feature: Financial Dimension service Business Value: improve the creation and validation of...

Cash flow is essential to any business. Companies can face insolvency if they don't maintain the cash flow to meet immediate needs. Therefore, it is important for a business owner to understand their cash position with cash flow forecasting. Without understanding a company's cash position and forecasting cashflow, it makes it almost impossible to make informed business decisions, plan for change and know how you can enable business growth. By...

Within a pharmaceutical company, a team of scientists, technicians, researchers, as well as business management executives, lawyers, engineers, and various other professions work together. All the jobs and departments are responsible for the success of the organization. With a variety of different roles collaborating under a single roof, a strong organizational structure is imperative to ensure that the pharmaceutical company runs smoothly. With Microsoft Dynamics 365, planning organizational hierarchy is...

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: Finance, Supply Chain Management, Guides, and Project Operations.  Dynamics 365 Finance drives automation and predictive analytics capabilities.  New Feature: Allow recovery of bank reconciliation worksheets stuck in workflow Business Value:...