Microsoft Dynamics 365 Business Central
Microsoft Dynamics 365 Business Central is a cloud-based, all-in-one business management solution which enables customers to upgrade from their entry-level accounting software or legacy ERP system to one single, comprehensive solution to manage finances, operations, sales and customer service.
Dynamics 365 Business Central Advantages
- Business without silos—connecting businesses and boosting efficiency with automated tasks and workflows, all within the familiar Microsoft interface of applications such as Word, Outlook and Excel.
- Actionable insights—achieving more and gaining a complete view of the business with connected data, business analytics and guidance delivered by Microsoft’s leading intelligent technologies.
- Solutions built to evolve—get started quickly, growing and adapting in real time with a flexible platform that makes it easy to extend beyond Business Central based on evolving business needs.
Dynamics 365 Business Central Capabilities
- Financial Management
- Customer Relationship Management
- Supply Chain Management
- Human Resources
- Project Management
- Service Order Management
- General Ledger—Set up a company and start posting to the general ledger, chart of accounts, general journals, VAT facilities, recurring journals and source codes.
- Budgets—Work with budgets in general ledger accounts.
- Deferrals—Set up deferral templates that automate the process of deferring revenues and expenses over a pre-defined schedule.
- Fixed Assets—Keep track of fixed assets and related transactions such as acquisitions, depreciations, write-downs, appreciations and disposals.
- Audit Trails—The system automatically assigns audit trails and posting descriptions to every transaction. In addition, users can define reason codes to create complementary audit trails.
- Bank Account Management—Create, operate and manage multiple bank accounts for catering to your diverse business needs and across different currencies.
- Reconciliation—Reconcile your bank statement data automatically to open bank account ledger entries and keep track of all your bank statements
- Dimensions—Add unlimited dimensions to any ledger for advanced transaction analyses.
- Currencies—Manage multiple currencies throughout the system, including payables and receivables, general ledger reports, resource and inventory items and bank accounts.
- Contacts—Maintain an overview of your contacts and record your contact information for all business relationships.
- Campaigns—Organise campaigns based on segments of your contacts that you define.
- Opportunity Management—Keep track of sales opportunities, section your sales processes into different stages and use this information to manage your sales opportunities.
- Dynamics 365 for Sales Integration—Integrate with Dynamics 365 for Sales in a few easy steps to synchronise your data, including sales orders, item availability, units of measure, and currencies.
- Sales Order Management—Manage sales orders, blanket sales orders and sales order processes.
- Receivables—Post sales transactions in journals and manage receivables; register customers and manage receivables using journals
- Purchase Order Management—Manage purchases, blanket orders and purchase order processes.
- Locations—Manage inventory in multiple locations that may represent a production plant, distribution centre, warehouse, showroom, retail outlet or service car.
- Item Transfers—Track inventory as it’s moved from one location to another and account for the value of inventory in transit at various locations.
- Warehousing—Manage items on a bin level. Pick and put away items in a bin and move items between bins using a report that optimises space using picking processes.
- Employees—Group and track employee information and organize employee data according to different types of information, such as experience, skills, education, training and union membership.
- Expense Management—Post expenses against employee cards to track and reimburse their expenses.
- Resources—Register and sell resources, combine related resources into one resource group or track individual resources.
- Estimates—Monitor resource usage and get a complete overview of your capacity for each resource with information about availability and planned costs on orders and quotes.
- Jobs—Keep track of usage on jobs and data for invoicing the customer. Manage both fixed-price jobs and time-and-materials jobs.
- Time Sheets—Time sheets are a simple and flexible solution for time registration with manager approval and integrate with Service, Jobs and Basic Resources.
- Production Orders—Create and manage production orders and post consumption and output to the production orders.
- Version Management—Create and manage different versions of the manufacturing bill of materials and routings.
- Agile Manufacturing—Plan rush hours, make exceptions and handle last-minute changes to your processes with multiple planning options.
- Supply Planning—Plan for material requirements based on demand, with support for master production scheduling and material requirements planning.
- Demand Forecasting—Plan and create production and purchase orders, taking into consideration the demand forecast together with the level of available inventory and parameters of requirement planning.
- Capacity Planning—Add capacities to the manufacturing process. Set up routings and use these routings on production orders and in material requirements planning.
- Machine Centers—Manage capacity on several levels; on a more detailed level for machine centres and on a consolidated level for work centres.
- Finite Loading—Take capacity constraints into account so that no more work is assigned to a work centre than the capacities can be expected to execute during a given time period.
- Service Orders—Register your after-sales issues including service requests, services due, service orders and repair requests.
- Service Price Management—Set up, maintain and monitor your service prices.
- Service Item Management—Record and keep track of all your service items, including contract information, component management and BOM reference and warranty information.
- Service Contract Management—Record details on service levels, response times and discount levels, as well as on the service history of each contract, including used service items, parts and labour hours.
- Planning—Assign personnel to work orders and log details such as work order handling and work order status.
- Dispatching—Manage service personnel and field technician information and filter according to availability, skills and stock items.
- Multiple Languages—Switch languages on the client in real time, provided that the desired language is available.
- Reason Codes—Define a set of reason codes that can be assigned to individual transactions throughout the system, providing user-defined audit trails.
- Extended Text—Set up an unlimited number of lines to describe inventory items, resources and general ledger accounts.
- Intrastat Reporting—Automatically retrieve the necessary data to report Intrastat information to statistics authorities. Local customs authorities can inform you whether your company is obligated to file such a report.
- Outlook Integration—Synchronise your to-do items and your contacts with your meetings, tasks and contacts in Outlook.
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Microsoft Dynamics 365 Business Central overview
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