Bank reconciliation can often be a tedious and time-consuming task for many businesses. However, with the introduction of Microsoft Copilot in Dynamics 365 Business Central, this process has become significantly more efficient and accurate. In this blog, we’ll explore how Copilot can help streamline your bank reconciliation process, making it quicker and easier to manage.… Continue reading Simplify Bank Reconciliation with Copilot in Dynamics 365 Business Central
Category: How To Business Central
What is Feature Management in Business Central and How Is It Used?
Would you like to know more about new features before release dates? Feature Management lists new functionality and allows you to enable and test it before it is enabled in future Business Central releases. Feature Management not only shows upcoming new features but also features included in minor Business Central releases that will not be… Continue reading What is Feature Management in Business Central and How Is It Used?
How to Connect Microsoft’s Ready-to-Use Power BI Reports with Business Central
Beginning with Microsoft Dynamics 365 Business Central v25.2, Microsoft has made several built-in Power BI report apps available for Business Central. Download the new Power BI apps from AppSource The new Power BI reports can be downloaded from Microsoft AppSource and added to the Power BI Service. Search for “Business Central” in the name or… Continue reading How to Connect Microsoft’s Ready-to-Use Power BI Reports with Business Central
Microsoft Business Central: Common Issues and Resolutions with Bank Reconciliation
Bank reconciliation ensures the cash balance reported in a company’s accounting records matches the balance shown on the bank statement. Issue: Subledger doesn’t balance to G/L bank account One of the most important things when performing bank reconciliations in Business Central is ensuring your bank account subledger balances to your GL bank account. The bank… Continue reading Microsoft Business Central: Common Issues and Resolutions with Bank Reconciliation
How Business Central Calculates the Unit Cost on the Item Card
We are often asked how Microsoft Dynamics 365 Business Central calculates the Unit Cost of an item. The Unit Cost is the cost of one item in inventory. This number is critical for calculating the value of all items in inventory, establishing pricing, and determining profitability. Calculating the Unit Cost includes the price paid to… Continue reading How Business Central Calculates the Unit Cost on the Item Card
Calculate Average Cost in Microsoft Dynamics 365 Business Central
Sometimes, our customers want to know how Business Central calculates an item’s average cost. We provide a simple example to illustrate how this calculation is applied to inventory. Microsoft explains how it calculates Average Cost as follows: The calculated average cost is then applied to the inventory decreases for the item (or item, location, and… Continue reading Calculate Average Cost in Microsoft Dynamics 365 Business Central
How to Initialize Production WIP for a New Business Central Implementation
A common issue when getting a client ready to go live in Business Central is Production Work in Progress (WIP). Normally, we ask the client to complete all in-process Production Orders because it can be difficult to account for open transactions. The process below describes a proven method for setting initial WIP balances on Released… Continue reading How to Initialize Production WIP for a New Business Central Implementation
Introduction to Power Automate Flows in Business Central
Are you looking to streamline your business processes and enhance productivity? Look no further! This video tutorial dives into the world of Power Automate Flows in Business Central. This comprehensive guide will walk you through the essentials of Power Automate, a powerful Microsoft solution that automates tasks with native integration with Business Central. Whether you’re… Continue reading Introduction to Power Automate Flows in Business Central
Using Specific Costing and Serial Number Tracking in Business Central
In an earlier blog, we discussed the various costing methods available in Dynamics 365 Business Central – FIFO, LIFO, Average, Standard, and Specific. Some clients have expressed confusion over when to use Specific costing and how that method relates to Serial Number Tracking in Business Central. Specific costing values each inventory item with the cost… Continue reading Using Specific Costing and Serial Number Tracking in Business Central
Microsoft Dynamics 365 Business Central Reporting Options
Reporting in ERP systems has changed as Microsoft has reimagined how users interact with data. In Business Central, we are no longer constrained by traditional reporting: write the report, print, and then review. Now, you can review the data you need on your screen and drill into the data on the fly, allowing for faster… Continue reading Microsoft Dynamics 365 Business Central Reporting Options