Microsoft Dynamics 365 Business Central Functional Overview

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2. Microsoft Dynamics 365 Business Central Functional Overview In this part of blog let me introduce a high-level functional overview of Microsoft Dynamics 365 Business Central. As you are aware Microsoft Dynamics 365 Business Central is available in two flavours Microsoft Dynamics 365 Business Central Essential and Microsoft Dynamics 365 Business Central Premium, both flavours have certain common features. ❖New web interface As true with all other Microsoft Dynamics 365 product offering, Microsoft Dynamics 365 Business Central also has highly customizable web interface which is cross browser capable and also certain part of interface is fully optimized for mobile viewing experience. As with NAV you can always customize role center of Microsoft Dynamics 365 Business Central with specific view and feed along with notification. Also, you can personalize the view only for yourself to enable perform several tasks quickly or get important information. ❖Mobile App Microsoft Dynamics 365 Business Central also comes with full functional mobile APP available for all major mobile OS platform including IOS, Android and windows. Mobile apps are capable of all major functionality and offers rich set of functionalities. ❖Integration with other Microsoft services Being part of Microsoft’s cloud strategy, Microsoft Dynamics 365 Business Central is capable to integrate with all Dynamics 365 services including Dynamics 365 Sales (formally known as Microsoft Dynamics CRM). Microsoft Dynamics 365 Business Central is also capable of seamlessly integrate with Office 365, Power BI, Power Apps, Microsoft Flow. Microsoft Dynamics 365 Business Central is natively capable of integrate directly in your outlook and can quickly generate quote based on content of invoice and submit invoice which is famously known as “Quote to Cash” feature. https://www.akkomplish.com/

3. ❖Inbuild BI Microsoft Dynamics 365 Business Central is benefited from Microsoft’s heavy investment in AI and as a result, Microsoft Dynamics 365 Business Central can provide more accurate forecasts and better recommendation and very valuable analytics. ❖In client visual editor for customization With Microsoft Dynamics 365 Business Central, Microsoft has made it possible for end user to customize their instance directly from the user interface including editing table data structure, Data entry page design to reporting. With use of its native capability to integrate with Power BI one can generate very detailed analytics dashboard and with use of power apps and flow one can create customized workflow and integration without writing a single line of code. As you are aware Microsoft Dynamics 365 Business Central is an cloud enabled version of NAV 2018 with several distinct features and thus it includes many of the new capabilities introduced with NAV 2018. As there will not be any new version after NAV 2018 under the brand name NAV, you can also call Microsoft Dynamics 365 Business Central as new version of NAV. https://www.akkomplish.com/

4. Here is the overview of each functional area of Microsoft Dynamics 365 Business Central ➢Finance Management General Ledger Can create and manage custom chart of account, indentation, general journals and recurring journals, customizable number series and source codes. Budget Quickly create and manage inventory cost, operational and departmental budgets which directly integrates with general ledger accounts. Fixed Assets Easily setup and track fixed assets and related transactions like purchase/acquisition, depreciations, write offs, appreciations and disposals. Auditing With its capability to automatically generate audit trail with posting description one can further enhance audit trails via use of user defined reason codes. Multi Company/Currency Business Central is capable of handling multiple companies and currencies with facility to amalgamation of financial data from multiple company and cross currency transactions. Reconciliation Business central is capable of automatically import and reconcile bank transactions. Bank Account Management Business central can handle multiple bank accounts in different currencies to handle your diverse business needs. Dimensions Dimension is the most powerful feature of Microsoft Dynamics 365 Business Central capable of generating custom analytics. Microsoft Dynamics 365 Business Central can have unlimited dimensions. Deferrals Microsoft Dynamics 365 Business Central offers recoding of template which can automate the process of deferring expenses and revenue on a specific schedule. VAT and Taxation and Regulatory Reports Flexible VAT setup and taxation setup, Country specific VAT and taxation localization is also offered along with local partner is now building their local solutions targeted to business central just like Akkomplish is going to release its highly successful product Akkon at the same time as Microsoft Dynamics 365 Business Central is released in Mexico. https://www.akkomplish.com/

5. ➢CRM - Relational management Microsoft Dynamics 365 Business Central is not a full-fledged CRM solution but has some really must have functionality for every business related to CRM which helps businesses to optimize sales efforts. Contacts Create contacts and manage them per entity and their segmentation. Leads and opportunity Excellent feature of recording lead , communication record. Easily convert a lead to opportunity and to customer and easily track what is going on with sales front. Campaigns Create campaign on target segments and track it. Integration with Dynamics 365 Sales Easily integrate with D 365 sales to synchronize your data including sales order , item , UOM and currencies and inventory status. https://www.akkomplish.com/

6. ➢Supply Chain Management One of the vital part of business is to keep track of entire supply chain in real time. Microsoft Dynamics 365 Business Central offers robust supply chain management. Sales Orders Manage sales order, blanket sales order and posting and tracking of sales. Purchase Orders Manage purchase order. Blanket orders and tracking and processing of purchases. Receivables Posted sales transaction in journals will automatically manages receivable. Locations Manage inventory across multiple locations including plants, warehouses and retail location or service center. Warehouse Manage items on bin level with pick and put functionality. Capability to move items across bins and track and optimize positioning of stock and picking process. Item Transfer Easily transfer inventory from one to another location. Track and account the inventory in transits and manage location wise levels. Stock Keeping Manage inventory levels, track events in inventory and sophisticated reporting on stock keeping reports. https://www.akkomplish.com/

7. ➢Project Management Manage resources, plan and schedule jobs and track resource utilization and costs along with resource availability. Resources Create, group and track each sell resource including manpower and equipment. Estimates Create estimates, monitor resource usage with overview of capacity and their availability. Track just in time their relationship with orders and planned costs. Jobs Create and manage fixed cost and time and material jobs and estimate them. Timesheet Manage time registration which can be directly integrated with resource, jobs and services. Scheduling Schedule resources for planned capacity and high traceability matrix. https://www.akkomplish.com/

8. ➢Human Resource Human resource module is significantly upscaled from Microsoft Dynamics 365 Finance and Operations Business Edition. Employees Easily manage employee information including their contact, qualification and contract information. Group and track employee based on their experience, skill set and training. Tracking Track employee availability, their absence and reason for the same. Also directly linked with Project management tracking. Expense Management Easily reimburse expenses just like you pay to a vendor. https://www.akkomplish.com/

9. ➢Service Order Management Service order management is only available with premium edition of Microsoft Dynamics 365 Business Central. Build to support repair and service operations, Microsoft Dynamics 365 Business Central enables to overview service management from order processing to manning the service. Service Order Allows to record service request, routine maintenance. Price Management Manage and monitor service prices for various services. Service Item Management Manage service items like contract, components and BOM reference along with warranty information. Contract Manage service contract and easily monitor response time, discount levels and SLA and history against each contract. Planning Plan and manage logistics of people and resources based on their availability and skill set, manage logs and update order status based on logs. Dispatch Manage service personal and field technician information and filter according to availability and skill and stock items. Service KPI Easily track SLA levels, resource and material used. https://www.akkomplish.com/

10. ➢Manufacturing Manufacturing module is available with Microsoft Dynamics 365 Business Central premium subscription. This module offers great set of features to allow business to manage and streamline their output. Production Order Create, manage, version production orders and post consumptions and output. Directly integrates with supply chain module this efficient way of handling Quote to delivery process. Agile Manufacturing Offers last minute changes in plan. Plan for rush hours, make and handle exceptions easily with multiple planning options including make to order and make to inventory. Supply Planning Manage and plan material supply for production based on schedule and material requirement planning. Directly integrates with supply chain module for efficient procurement. Demand Forecast Out of the box capable of generating demand forecast based on inventory level, lead time and manufacturing time along with purchase order and sales order. Capacity Planning Manage routing and handle capacity and material requirement planning. Work Center/Machine Centers Manage work center, machine centers to granularly manage capacity. Machine centers can be grouped to work centers to have an aggregated view of your capacity. Finite Loading Based on capacity and plan system ensures that work assigned to work center is within the capacity constrain thus avoiding delays. https://www.akkomplish.com/

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