In this how-to video, the topic is the G/L Account Balance to Budget feature in Microsoft Dynamics 365 Business Central and how this functionality offers users the ability to view historical financial data when creating new budgets.
Tag Archives: Balance
How to Enter Beginning Bank Balance for Dynamics 365 Business Central v18 and Above
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 beginning bank balances if you’re moving to Business Central from your legacy accounting /ERP software
Source : Confessions of a Dynamics 365 Business Central Consultant
Read more…
Unexpected Manufacturing WIP Balances in Microsoft Dynamics NAV
We frequently encounter clients with an unexpected Manufacturing WIP Balance.
In some cases, the WIP balance is below zero.
Breaking out Material, Labor, and Overhead for the Balance Sheet and COGS in Microsoft Dynamics NAV
There are companies that desire to break out Material, Labor, and Overhead for their Balance Sheet and for COGS.
Unfortunately, Microsoft Dynamics NAV only has a single number available for Inventory for the Balance Sheet and COGS.
NAV AS 101 Lesson 18: Account Schedules not balancing?
If your account schedules are not balancing, there’s one really great place to check and two best practices that will save you some long hours balancing any account schedule.
Unexpected Manufacturing WIP Balances in Microsoft Dynamics NAV
I frequently encounter clients with an unexpected Manufacturing WIP Balance. In some cases, the WIP balance is below zero. In the screen shot below, we can see that the WIP account has a negative balance, which in the real world we know cannot be true.
Breaking out Material, Labor, and Overhead for the Balance Sheet and COGS in Microsoft Dynamics NAV
There are companies that desire to break out Material, Labor, and Overhead for their Balance Sheet and for COGS, yet Microsoft Dynamics NAV only has a single number available for Inventory for the Balance Sheet and COGS.