Dynamics 365 Business Central for Information Workers (IWs) lets organizations trial Microsoft’s all-in-one ERP platform. It empowers employees to manage finance, sales, inventory, and projects through cloud-based automation and analytics. With IES guidance, businesses can evaluate Business Central’s features, streamline workflows, and plan for scalable long-term adoption. Want to learn more? Read on!

Managing purchases efficiently is about more than tracking spending; it’s also about ensuring the right checks and balances are in place before funds are committed. In Microsoft Dynamics 365 Business Central, that’s exactly what a Business Central approval workflow delivers. By creating clear rules for purchase order approval, you help your organization maintain compliance, control costs, and prevent errors before they happen.

Managing finances across borders can be a challenge, especially when multiple currencies enter the picture. Exchange rates fluctuate, local tax rules differ, and the risk of reporting errors grows with each new market you serve. That’s where Business Central multi currency capabilities shine, offering built-in tools to handle these complexities without bogging down your accounting team.

For many finance teams, the month’s end brings more than a fresh calendar page — it’s the start of a time-intensive routine filled with reconciliations, journal entries, and tight deadlines. The financial closing process can easily become a bottleneck, especially if your systems rely on manual checks or disconnected data. Savvy teams know that Microsoft Dynamics 365 Business Central is perfect to streamline this.

 

Some companies make prepayments, or advanced payments, for goods and services they will need in the future. They get classified as assets on balance sheets until the organization realizes the benefits. After delivering a product or service, that prepayment gets entered on the income statement. You typically see prepayments for insurance, software subscriptions, and service contracts. Construction firms make prepayments when ordering materials or subcontractor services. 

One of the main benefits of using Dynamics 365 Business Central as your ERP is the flexibility it provides when it comes to setup. The platform adapts to fit the needs of multiple industries, from finance to healthcare. However, there are some basic steps every company should perform during the initial setup. This article goes over best practices for ensuring that your Dynamics 365 Business Central setup works how it needs to help your employees work more effectively. 

Companies use reports for multiple purposes, including communicating the current financial state of the company. To achieve this, they require business tools that can accurately organize data, enabling quick access to vital information. Dynamics 365 Business Central supports all aspects of reporting, including financial and sales. The platform also integrates with third-party tools like Jet Reports, used to create reports directly in Excel. Let’s look at different aspects of Business Central and some best practices for effective reporting. 

Dynamics 365 Business Central provides you with a powerful ERP system out of the box. You can utilize extensions to transform it into a comprehensive solution that can handle multiple business needs. Users can integrate tools and functionalities directly from the Extensions Management page and the Microsoft AppSource marketplace. The right mix of Business Central extensions allows your organization to streamline operations, obtain meaningful insights through data analytics, and set up seamless workflows throughout the company. 

Business Central is a data-driven solution that is adaptable enough to meet the needs of organizations across various industries. Tables play a central role in how the system functions. They store transactional data and help drive business logic within different modules. Every user, from customer service representatives to IT developers, ultimately relies on tables to support their processes. Let’s look at what Business Central tables are and their importance. 

Dealing with business taxes can be complex. Companies must take steps to comply with various regulations while maximizing tax benefits. The dynamic nature of tax rules and how requirements change from one jurisdiction to another make things even more challenging. Microsoft Dynamics Business Central provides a suite of features designed to simplify tax management.