Under the Companies (Audit & Auditors) Amendment Rules, 2021, It is now mandatory for the Companies to have audit trails & transaction logs in their accounting software from 1st April,2021. The recent notification issued by the Ministry of Corporate Affairs stated that “Every Company which uses accounting software shall use only such systems that possess…
read moreMicrosoft Dynamics 365 Business Central (MSD365BC) is a comprehensive business management solution for connecting operations across small or medium size business. It empowers Organizations by offering an integrated database, AI-powered insights, and seamless integration of modern technologies like IoT, machine learning and so on. It unlocks productivity and streamlines everyday business activities by facilitating smarter…
read moreInjection Moulding is an integral part of the Plastic & Polymer Industry and is commonly used in the manufacturing of plastic products. As an industry, it is highly diversified in nature and spans across several sectors like Electronics, Engineering, Telecommunications, Automobiles etc. At the same time, the processes involved like mold design, mold manufacturing etc.…
read moreApproval Workflow-Purchase Microsoft Dynamics D365 Business Central provides extensive approval features in the procurement cycle. The approvals can be automated or conditional and can be set on any document in the entire cycle. Purchase Order Approval Workflow An approval workflow can be defined on the purchase order form. This workflow ensures that the purchase…
read moreApproval Workflows-Sales Some organizations follow a policy of having a workflow on the sales document. It is a rarely used functionality. However, at times before processing the sales an approval is required for further completion. Sales Quote Approval Workflow Sales quotation document is created for specific customers that briefs out the overall details of customer,…
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