Finance

KB23: Flow of Production from start to finish for an item and recall in Finance & Operation

KB23: Flow of Production from start to finish for an item and recall in Finance & Operation Nilesh Mandani

The production of products, a process that is also known as the production life cycle, follows specific steps that are required to complete the manufacture of an item. The life cycle begins with the creation of the production order, batch order, or kanban. It ends with a finished, manufactured item that is ready for either…

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KB22: Uploading Customer and Vendor Balances with Open Invoices and Payment with Template

KB22: Uploading Customer and Vendor Balances with Open Invoices and Payment with Template Nilesh Mandani

Overview Whenever we want to move from the legacy system to the new system, we also need to move the opening balances as well. There are a couple of methodologies available to upload and migrate the opening balances. Here are methods to move Opening balance of Vendors, Customers, Inventory, Bank, Fixed assets and Other Ledgers…

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KB8: Top 04 features of Cash Flow in Finance Module, you should consider while implementing ERP Solution

KB8: Top 04 features of Cash Flow in Finance Module, you should consider while implementing ERP Solution Nilesh Mandani

Cash Flow Forecasts Microsoft Dynamics D365 Business Central provides ways to predict the cashflows for future by using and analyzing the data from previous years. This helps the organizations to compare the cashflows and analyze the data more efficiently. Additionally, the cashflow forecast helps the companies in better understanding of the cashflow position and forecasting…

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KB7: Sites and the multisite functionality in Dynamics 365 Finance and Operations

KB7: Sites and the multisite functionality in Dynamics 365 Finance and Operations Nilesh Mandani

A site is a grouping of business resources, such as warehouses and production units, which share interrelated transactions, are located at a particular geographic location, and belong to a single legal entity. A single site cannot be shared by multiple legal entities. The site entity, which is implemented as an inventory storage dimension, plus the…

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KB6: Top 4 features of Receivables in Finance Module, you should consider while implementing ERP Solution

KB6: Top 4 features of Receivables in Finance Module, you should consider while implementing ERP Solution Nilesh Mandani

REMINDERS: Reminders are used to alert customers of overdue amounts. The reminders can be setup for pre-defined level and can be setup for each customer. Additionally, Microsoft Dynamics 365 Business Central provides feature to be used in calculating finance charges, that is, interest or fees that are also included in the reminders. ISSUED REMINDERS: After…

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