Introduction

Microsoft Dynamics 365 Business Central is an integrated, cloud-based business management solution. It allows customers to progress from basic accounting software or outdated ERP systems to a singular, holistic solution that administers finances, operations, sales, and customer service.

Dynamics 365 Business Central Capabilities

General Ledger - Establish a company and begin posting to the general ledger, encompassing chart of accounts, general journals, VAT amenities, recurring journals, and source codes.

Budgets - Manage budgets associated with general ledger accounts.

Deferrals - Automate the distribution of revenues and expenses over a set schedule with deferral templates.

Fixed Assets - Keep a record of fixed assets along with related transactions, such as acquisitions, depreciations, write-downs, appreciations, and disposals.

Audit Trails - The system automatically appends audit trails and posting descriptions to all transactions. Users can also create reason codes to augment the audit trails.

Bank Account Management - Manage and operate numerous bank accounts suitable for diverse business requirements, across multiple currencies.

Reconciliation - Automatically match your bank statement data with open bank account ledger entries, maintaining a record of all bank statements.

Dimensions - Extend unlimited dimensions to any ledger for sophisticated transaction analyses.

Currencies - Handle multiple currencies across the system, including but not limited to payables and receivables, general ledger reports, inventory and resource items, and bank accounts.