Overview of the functionalities in the financial accounting area of Business Central
Over the next few weeks, we would like to give you an overview of the standard functionality and the various tasks in the "Financial accounting" area.
In the standard configuration of Dynamics 365 Business Central, most financial transactions are already mapped as standard. You can effectively support your company's individual requirements with different modules.
The standard configuration of Business Central contains charts of accounts and standard posting groups and thus simplifies the assignment of standard G/L posting accounts to customers, vendors and articles.
Below you will find an overview of various topics and tasks that can be processed in Business Central via the Financial Management module:
- 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
Do you have any further questions on the subject of finance in Business Central or any other topic?
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!
