As already announced in our July newsletter, today we would like to give you a brief summary of the "Finance" functional area in Dynamics 365 Business Central.
Most financial transactions are already mapped as standard in the standard configuration of Business Central. You can effectively support the requirements of your company with various modules.
Charts of accounts and standard posting groups are already included in the standard configuration and simplify the assignment of standard G/L posting accounts to customers, vendors and articles.
Below you will find a list of some of the topics and tasks that can be processed in Business Central via Financial Management:
- Management of receivables and liabilities
- Invoicing advance payments
- Cost accounting
- Manage stock control
- Consolidation of financial data from multiple companies
- Posting transactions in financial accounting
- Working with dimensions
- Create G/L account budgets
- Delimiting income and expenses
- Import wage transactions
- Working with recurring sales
- Evaluation of financial analyses in Excel
- Working with VAT in sales and purchasing
- Reporting VAT to the tax authorities
In our October issue of our Newsletters we will inform you about the application area of asset accounting.
Do you have further questions on the subject of finance in Business Central or one of the other functional areas?
Get in touch with us at 089 - 211 11 848 or by e-mail to vertrieb@br-ag.com. We are happy to advise you!
