Overview On Dynamics 365 Business Central release 18, Microsoft made significant changes to the bank reconciliation features. Most of the articles and videos on entering beginning bank balances are still based on the older versions Dynamics 365 Business Central or Dynamics NAV. Just thought I would share with the community on setting up your beginningRead more
Just a short post this month. Wanted to share an interview I did with MSDynamicsWorld about Business Central and its customers. It’s 45 minutes in length. Hope it doesn’t put you to sleep! https://msdynamicsworld.com/story/msdw-podcast-alex-chow-serving-dynamics-365-business-central-customers
Overview I’ll admit that I’m a bit of an old school person when it comes to implementing Dynamics 365 Business Central (formerly called Dynamics NAV). I believe when you make a decision to implement Dynamics 365 Business Central for your business, the transition should be smooth with minimal disruption. In fact, these transition often makeRead more
Overview In Microsoft Dynamics 365 Business Central (formerly Dynamics NAV), when doing costing and profitability analysis, you need to differentiate between a transaction’s True Cost and Accounting Cost. These terms will not appear on any official documentation or manuals, I made them up for a lack of better terms. To better explain the difference betweenRead more
Overview Sometimes, how a computer system does accounting will be different than how traditional accountants does accounting. One of the subjects that always come up for debate is how COGS (Cost of Goods Sold) is calculated. The Postings In Dynamics 365 Business Central, when a purchase of inventory is made, 4 General Ledger accounts areRead more
It’s that time of the year again. Close out the year! Most companies align their fiscal year to the calendar year so right around this time, we usually get a ton of support calls from people that forgot how to close the year end and need a quick refresher. So I made a quick 2Read more
Dynamics 365 Business Central, Warehouse Management
The One Huge Mistake You’re Making When Setting Up WMS for Dynamics 365 Business Central
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Overview I mentioned In my previous article that there are multiple ways of setting up warehouse management. In reality, however, there really are two ways: there’s the option of setting up your warehouse with Directed Pick and Put-away…and the wrong way. In almost all companies where bin location management (or warehouse management using wireless scanners)Read more
Overview Dynamics 365 Business Central (formerly known as Dynamics NAV) is a comprehensive ERP system. As such, it has many features that caters the different needs of businesses, for example, manufacturing, service managment, CRM, distribution, etc. Each one of these functional areas can be configured a number of ways depending on the needs of theRead more
Overview Having worked with Dynamics 365 Business Central (Dynamics NAV) for years, one of the biggest concerns I have when working with clients is receiving a really big Excel file with a message saying “my numbers don’t match! Please match it up for me!” While I always love a good challenge on solving complex problems,Read more
Overview So, you’ve decided to switch to Microsoft Dynamics 365 Business Central and finished the hard work of development, migration, and training. Now you’re ready to go live, right? But, I’ll bet there’s one thing you’ve unknowingly neglected. That’s testing the new software. After the implementer tells you that they’re done with the development andRead more