Time Savers in Business Central
Is Month End too stressful? Is your monthly checklist too long? Are you working too hard? Lets work smarter. Business Central continues to provide features that we can use to save time both throughout the month and at month end. Let’s review a few. We are going to review deferrals versus recurring journals, standard journsl, […]
BC Release 2023 Wave 1 – The Great, The Good, The OK – One Consultant’s Opinion
I am definitely excited about this release. I’ve only reviewed a few of the changes. I guess they are the ones that caught my attention the most…. The Great – #1 Review General Ledger Accounts Now you can ‘reconcile’ or review entries in general ledger accounts for easy periodic reconciliations, something that has existed in […]
Assisted Setup – My Journey
I started on a journey to learn all of the things in Assisted Setup. This the story of what I have learned in the first ten (10) items on this extensive live. The first thing that I noticed what that before you could even start, you had to have a company to work in. Okay, […]
Assisted Setup Series – Report on Financial Health – Process Consolidations
Consolidating financial data is super simple in Business Central, I personally don’t understand why so many companies extract data to Excel and manually consolidate. BC provides the ability to consolidate two or more companies into one by a percentage of the operation and can have an many consolidate tiers as is helpful. Simple Example, virtually […]
Assisted Setup Series – Report on Financial Health – Setup an IRS 1096 feature
This assisted setup step is to help enable reporting of the IRS 1096 in the NA version and provide an easy overview. As those in the US know the 1096 summarizes 1099s and is required to be filed with the IRS when using paper 1099 forms. At first glance, the Read option under Learn More […]
Assisted Setup-Get ready for First Invoice/Customize Document Layouts
Description says “Make invoices and other documents look right for your business.” Hmmm, that can mean a lot of things! First, make sure that you have completed entering your Company Details so that your business name, address and logo are in Company Information. Most documents utilize this information. Second, you must read the Microsoft documentation […]
Assisted Setup – Get Ready for First Invoice/Setup Outgoing Email
I’m much more of a functional person than technical, so the technicalities of setting up email are not my forte. I usually have an IT person help me. However, when using Office 365 it’s pretty simple! Be sure to read the Microsoft Documentation. In the case of the setting up email topic, the Microsoft document […]
Assisted Setup – Setup Your Company – Fetch Users from Microsoft 365
You are setting up Business Central which probably means that your system will be used by several persons within your organization. ‘Fetching’ users is the easiest method for completing the initial seertup of users in the database. Description for this assisted setup states “Get the latest information about users and licenses from Microsoft 365.” There […]
New Business Central Financial Reports – Something Everyone Should Know
As most of you know Accounts Schedules are now called Financial Reports in Business Central, version 21 or 2022 Wave 2. The upgrade tool took all the names of Account Schedules and created Financial Reports with those names. Since Financial Reports need a Row definition and a Column Definition, those fields were populated as follows: […]
Business Central Assisted Setup – Setup you Company / Exchange Rate Service Setup
Be sure to read the Microsoft Documentation and watch the video entitled ‘connect to an online service to update currency exchange rate.’ You will want to follow the steps in the video as you setup your exchange rate service. This Assisted Setup option opens the Currency Exchange Rate Services Screen to allow you setup the […]