Dynamics 365 Business Central Budgeting
Create an itemized estimate for expected income and expenses for a given period in the future. Plan your operations and account for your investments with an accurate and informed account of your firm’s position. You can attach an infinite number of dimensions to your budget entry with any level of detail necessary to strategically manage your business. You can allocate budgets on total accounts, create specific sub-budgets, and monitor how specific units are performing according to their individual budgets.
Create Sub-BudgetsCreate very specific “sub-budgets” within an overall budget, such as a sales budget for a particular customer target group per department over a specified period.
Quick and Efficient BudgetsCreate budgets quickly and efficiently by copying budgets from previous periods to a new period using an adjustment factor. The adjustment factor can be applied to both G/L entries and G/L budget entries.
Excel UsabilityExporting budgets to Excel and importing adjusted budgets back into Navision gives you the flexibility to distribute your budgets easily in the form best suited to your organization.
Multiple BudgetsHave as many budgets as you want and of any period length, with the level of detail necessary to direct and control your business. Attach an infinite number of dimensions to each budget entry.
Create Organized BudgetsCreate and maintain budgets in an easily comprehendible matrix form.
Monitor Budgetary PerformanceInvestigate budgetary performance using account schedules and specific budget reports.
Allocate BudgetsAllocate budgets on total accounts, for example, on accounts where a monetary ceiling has been set but no specific expenditures have been identified as yet.
Dynamics 365 Business Central Business Intelligence & Dashboarding
Business intelligence options in Dynamics 365 Business Central range from basic reporting capabilities for enterprise progress or departmental understanding to advanced toolsets for exacting solutions to complex business needs. For all positions within your enterprise, the business intelligence features of Dynamics 365 Business Central can be put to use to empower personnel to manage their own progress or to support team’s progress with clear performance indicators. You can view past performance and predict future trends to justify actions or generate/reform your strategies.
Access To Data and ToolsFor all levels of decision makers, you can take action based on timely business insight.
Unified Microsoft-Based Technology PlatformDynamics 365 Business Central integrates smoothly with Microsoft Office, system, Microsoft SQL Server technologies, and Microsoft Windows Sharepoint services, enabling you to connect information, people and processes across your organization.
Built-In Analysis ToolsQuickly drill down into the details of transactions, customer records, and histories and monitor critical events. Also compare budgets to actuals.
Extend CapabilitiesYou can add dedicated business intelligence software built on SQL Server.
Share Enterprise-Wide IntelligenceMonitor complex business processes, deliver information to individuals and teams, and combine historical insight with forward looking trends and indicators.
Dynamics 365 Business Central Cash Forecasting
Cash forecasting and management are essential to managing your firm’s profitability. To control your financial health, Dynamics 365 Business Central incorporates financial cash flow statements, allows you to visualize cash flows in clear ways, account for all actions with drill down options and flag cash short falls for any adjustments. With this sort of visibility, you can make informed decisions about investments. You can the appropriate adjustments to your responsibilities per period to tackle your firm’s challenges in good financial health.
Cash Flow StatementsRealize the liquidity of your firm in traditional or adjusted statements.
Data VisualizationVisualize your cash flows in clear ways with charts and graphs you can modify.
Drill-Down OptionsFocus on the origins of all affects.
FlaggingCash flow shortages from investments or other obligations can be anticipated and accounted for.
Dynamics 365 Business Central Financial Reporting
Financial data for your company is organized in usable reports essential to the manufacturing industry. You can further create an unlimited number of customized reports based on your general ledger, your budget, or other sources. You can quickly compare reports to previous periods, filter by date or budget, and invent KPIs specific to your firm. You can drill down to the details of your reports through connections that account for your results.
KPI MappingView KPIs using simple bar chart diagrams, allowing you to drill down into the details.
Excel UsabilityExport your account schedules to Excel to make full use of Excel's visual and presentation capabilities.
Budget And Date FiltersSelect budget and date filters, and choose whether to show amounts in your company's additional reporting currency.
Unlimited Number Of ColumnsSpecify an unlimited number of columns. For example, you can easily compare G/L figures with budget figures using the Net Change, Formula, and Balance at Date column types.
Comparison Period FormulaUse the Comparison Period Formula to compare figures for current periods and previous periods.
On-The-Spot CalculationsCreate formulas on rows and columns for on-the-spot calculations, so you don't need to import or recalculate total rows each time new entries have been created.
Drill-DownSave reports and scrutinize them online using the drill-down feature.
Unlimited Customizable ReportsCreate an unlimited number of unique, company-specific reports. Numerous dimensions to frame reports. Base reports on General Ledger data, budget data and dimensions data.
Dynamics 365 Business Central General Ledger
Dynamics 365 Business Central centralizes all of your firm’s core financial data. The ledger will offer you greater efficiency and drive productivity. This centralized data enables decision makers to make informed decisions that speak clearly from your firm’s financials. Your ledger will maintain data integrity and even streamline financial reporting routines, which are customizable by user. Your firm can operate with greater transparency and less confusion. Dynamics 365 Business Central will also enables your enterprise to take advantage of global opportunities.
Record-Level Security FeaturesHelp protect confidential financial data with role-based access rights to information.
Foreign Trade And Currency ManagementConduct business using an unlimited number of currencies. Managed customer or vendor accounts in a foreign currency and maintain your general ledger in two different currencies.
Flexible Accounting PeriodsDefine any start date for you fiscal year and specify your own accounting periods to be used with budgets, statistics, and reports. Transfer year-end results to the balance sheet and at the same time balance out all income statement accounts.
Change LogImprove error traceability with a change log that lists chronologically all direct modifications made to Microsoft Dynamics 365 Business Central master data with a n associated user ID.
Intelligent Transaction PostingCheck your journal balances before entries are posted. See how entries will affect your liquid accounts and make an necessary adjustments before you post the journal. You can back out or reverse a posting or an entire journal and post corrected entries while maintaining full audit control.
Detailed Audit TrailsHelp comply with financial regulations with easy data tracking and detailed audit trails. Access general ledger entries through the chart of accounts. Each entry is assigned an entry number and a transaction number when it is posted to an account, as well as a source code, a reason code, and a user ID.
Automated TransactionsSimplify transaction management with general, recurring and auto-reversing entries. Post frequent transaction to your general ledger using a recurring journal. Assign a fixed amount to each line in the journal and choose how often the line should be posted with updated data.
Account SchedulesUse dimensions to create complex account schedules. Help improve reporting with advanced options for selecting what to display in row and column combinations, such as showing debit amounts only when there is a balance.
DimensionsAssign financial information identifying characteristics or “dimensions$rdquo; such as product, sales region, and time period to help you analyze and better correlate performance. Assign multiple dimensions to each budget entry. Filter your budget by up to four dimensions to create sub-budgets that match your organizational structure.
Detailed BudgetsCreate budgets with a breakdown of every general ledger account and every total in the chart of accounts. Once you have created a budget, you can print actual balances and show variances by percentage.
XBRL SupportDistribute financial information over the Web or by e-mail. Help simplify reporting across multiple formats with supporting for Extensible Business Reporting Language (XRBL).
Inter-Fund AccountingReduce errors associated with manual reconciliation of funds and transfer balances smoothly between accounts.
Inter-Company TransactionsDefine multiple inter-company relationships between the parent and partner or subsidiary companies in your organization. Manage single-use or recurring transactions and distribute purchase order costs directly to subsidiaries.
Flexible Multi-User EnvironmentCreate as many journals as you want, each with its own document number series. People can work in a general journal while others are entering and posting data at the same time.
Dynamics 365 Business Central Multi-Company
Enterprise Resource Planning for multiple sites faces unique challenges. Dynamics 365 Business Central accommodates the unique, independent, and interdependent needs of multiple-site cooperation. Where one site may not have the resources or need for a detailed ERP, Dynamics 365 Business Central provides integrated IT systems, shared up-to-date information, and the option to tailor the system to simplify or stay out of the way of existing operations. Dynamics 365 Business Central will accommodate for workflow efficiency, efficient data exchange, integrated analytics and shared responsibility.
NotificationsSet up your own alerts based on the way you like to run your business.
Shared ResponsibilityYou can map between different systems to take into currency differences or use Inter-company Postings in a Dynamics 365 Business Central to help create all necessary documents including sales, purchase and accounting documents for more than one company at a time.
IntegrationIntegration between the IT systems of various sites is critical for effectively sharing information, supporting common needs, and functioning successfully as one entity.
Varying Levels Of ComplexityTypically, sites do not need the same level of complexity in their business management solution as the parent company. Furthermore they may not have the resources necessary to acquire and maintain a system that was designed for a larger company.
FlexibilityDynamics 365 Business Central can be easily adapted to address the specific requirements of various types of businesses. Your sites can take advantage of more than 1,400 industry-specific or add-on solutions commercially available from Microsoft partners.
Improved Workflow EfficiencyConsolidate financial statements for a series of sites from a single database or other programs. Transfer from different accounting structures to your own. Exchange rate-functionality. Use XBRL to export financial reports across software and technologies, including the internet.
Excellent Data ExchangeWith the ability to create SML documents, an accommodating Microsoft BizTalk Server and Commerce Gateway in Dynamics 365 Business Central, you can exchange documents between a parent company and all subsequent sites.
Track Local ChangesThis ensures faster, easier upgrades with an upgrade tool and methodology.
Meet Individual NeedsEnables sites to work in a system designed for small to mid-sized businesses. Use a system that reflects local legal requirements and business practices.
Proactive Response To BusinessSet up alerts in Dynamics 365 Business Central that will automatically generate e-mail messages to inform you of critical business conditions at your sites or supply chain partners.
Dynamics 365 Business Central Multi-Currency
A global operation is not without its challenges and many ERP systems are not equipped to simplify these complications. Dynamics 365 Business Central, however, is the solution for managing the resources of your global enterprise. Your firm can work without barriers across the global market. Invoicing, payments, foreign accounting standards, financial reporting, payables, receivables, general ledger reports, bank accounts and inventory will take into consideration an unlimited number of currencies and improve financial efficiency. Built-in intelligence tools will further enable you to manage your global business.