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.

Approval workflows in Business Central are highly configurable, allowing you to define who reviews and authorizes specific transactions based on factors like amount, vendor, or department. For example, you might require a department head to sign off on purchases over $5,000, or route all new vendor approvals through finance before a purchase order is created. This flexibility means the process can adapt to your unique operational needs, rather than forcing your team to work within rigid constraints.

In this guide, we’ll walk through the essential steps to set up a purchase order approval workflow in Business Central, from enabling the feature to customizing approval conditions. Along the way, we’ll highlight best practices to keep your approval process efficient, so that it supports your business rather than slowing it down.

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.

Instead of relying on disconnected spreadsheets or manual calculations, you can automate currency conversions, track gains and losses from rate changes, and maintain accurate records in both local and base currencies. Business Central multi currency features also make it easier to reconcile accounts and meet compliance requirements in different regions, which is critical for companies expanding internationally.

The platform’s flexibility goes beyond simple exchange rate tracking. You can assign different currencies to customers, vendors, and bank accounts, and configure automatic updates so your team always works with the latest market data. From invoicing to reporting, the entire process remains consistent and transparent, whether you’re sending payments in yen, billing in euros, or consolidating reports in US dollars.

In short, the right approach to Business Central multi currency management can reduce risk, improve efficiency, and keep your global operations moving smoothly.

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.

With the right setup, Business Central month end close workflows streamline repetitive tasks, reduce human error, and ensure accuracy in your month-end reporting. Instead of chasing down numbers from multiple spreadsheets, you can centralize data, automate reconciliations, and generate reports in minutes rather than days.

But speed alone isn’t the goal — reliability is. A rushed close that overlooks inaccuracies can cause bigger problems later, from compliance issues to strategic missteps. The true advantage comes from balancing efficiency with accuracy, ensuring your books are not only closed faster but also closed right.

In this guide, we’ll break down how to configure, optimize, and execute your month-end process in Business Central, helping you accelerate timelines without sacrificing precision. Whether you’re a growing SMB or a multi-entity enterprise, these tips will make each month’s close less stressful and more strategic.

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. 

You can perform the actions related to the above using Business Central prepayment features. Your business can invoice customers or pay deposits to vendors. However, you have to go through some setup within Business Central before you can start working with prepayments. 

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.

Every moment counts when businesses are constantly pressured by customers and stakeholders to deliver. When your Dynamics 365 Business Central instance suddenly starts slowing down, that can cause significant productivity impacts. Let’s look at what can happen when Business Central starts running slowly, some of the leading causes of Business Central performance issues, and how you can speed things up for your workers.