How to set up Advanced Bank Reconciliation Process
The advanced bank reconciliation process in Microsoft Dynamics 365 Finance and Operations is an easy feature that allows us to import electronic banks statements and make an automatic reconciliation with bank transactions. To access this feature, we need to setup a service, an advanced integration framework inbound port, and link it to a bank format […]
How to set up fixed assets to register transactions in posting layers
In the business landscape fixed assets management tends to be a complex task, particularly in countries that are converging towards international financial information standards as well as companies that need to report different values in their accounting because they are established in countries with different financial or accounting standards. That is why I am often […]
How to create a chart of account rules management in Microsoft Dynamics 365 Finance and Operations
Tracking and managing financial information is critical for any organization. For this purpose, Microsoft Dynamics 365 Finance and Operations has the capability to create a chart of accounts: a collection of accounts to define the financial structure. The chart of accounts is a structured list of a legal entity’s general ledger account. We select different categories […]
Online Company Consolidation in Microsoft Dynamics 365 Finance and Operations
Company consolidation processes are a frequent challenge that we face with Microsoft Dynamics 365 Finance and Operations implementations. Some companies have different subsidiary companies in Latin America, for this reason we need to create not only separate entities, but also separate charts of accounts (COA). In this article I will focus on the Online Company […]
5 critical reasons why companies choose Microsoft Dynamics 365
Investing in an ERP solution is a critical decision for SMB´s and enterprises. Selecting the right solution is key to guarantee the achievements of short and long-term objectives. There are multiple solutions at the ERP landscape. For this reason, choosing an ERP could be a complex process for any company. In this article I will […]