Author Archives: Alex Chow

Progress Payment Functionality in Dynamics 365 Business Central

Overview The progress payment functionality allows you to post multiple deposits against a sales or purchase order. The amount of the deposit payment can be any amount you want instead of a percentage. When the invoices are posted, you can choose whatever dollar amount to be applied to each posting of the order. This meansRead more

Sales Commission by Cash Receipt for Dynamics 365 Business Central

Overview For some companies, commissions are a big part of their salespeople’s compensation. However, the standard commission report from Dynamics 365 Business Central is based on sales, not cash receipt? This can lead to some problems, especially if your customers have a long payment terms. For example, let’s say your salesperson sells a product forRead more

Properly Setup Bin Code for Warehouse Management in Dynamics 365 Business Central

Overview One of the most often asked about features when dealing with inventory is the ability to keep track of inventory by bins in the warehouse. While The Warehouse Management System will benefit the accuracy of the items that are stored in the bins, careful consideration must be made during setup so when you goRead more

Changing Costing Method in Dynamics 365 Business Central (Dynamics NAV) – The Unofficial Way

Overview Every once in a while, a company will want to change their costing method from whatever they have into something else for whatever reasons. The official way of changing the costing method for any items in Dynamics 365 Business Central (Dynamics NAV) is to basically zero out the item and create a new setRead more

Maximizing the Benefits of Installment Payment Functionality for Dynamics 365 Business Central

Overview Installment payments have become a popular way for companies to offer their customers flexible payment options for products and services. However, Dynamics 365 Business Central does not have the ability to manage installment payments effectively, making it difficult for companies to take full advantage of this payment method. In this article, we’ll explore aRead more

Flush Components Without Picking Using Open Shop Floor Bin in Dynamics 365 Business Central

Overview There are a lot of moving parts In a warehouse management enabled location where manufacturing process is setup, both in the physical processing and in Dynamics 365 Business Central. Anything to reduce the number of steps for the user is a win. One of the main things is keeping track of small items suchRead more

Inbound Freight Container Management for Dynamics 365 Business Central

Overview For customers who buys products from their oversea vendors, the items they bought are typically loaded up on to the container and put on a freight vessel bound to their destinations. While this sounds simple, there are a lot of little details associated on getting this done. A small list of the challenges thatRead more

Displaying the Serial Numbers by Bins in Bin Contents

Overview In standard Dynamics 365 Business Central, if you enabled the Lot Warehouse Tracking in the Item Tracking Codes, you’re able to see a nice breakdown of what’s in the Bins when you go to the Bin Contents page: You can show this factbox using the Personalize tool in the Setup page. The Serial NumberRead more

Create Your Financial Statements using Account Schedules in 4 minutes

Overview Been wanting to record a video on this for a while. Account Schedules remains one of the most powerful, but least used tools in Dynamics 365 Business Central (or Dynamics NAV). Coming from other smaller accounting software where the income statement and balance sheet is predefined, Business Central does require a little bit ofRead more