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Juliet

Introducing Variable Allocation with Statistical Accounts: A New Feature in Business Central

Variable Allocation using Statistical Accounts in Business Central is a new feature, recently added. It is set to revolutionize how businesses manage their financial allocations. For those familiar with Dynamics GP (Great Plains), you’ll find a sense of familiarity, as this feature works similarly to the Variable Allocation functionality in Dynamics GP. This integration is … Read more

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General Ledger in Business Central
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Juliet

Assign Separate General Ledger Accounts for Payables and Receivables in Business Central

In this blog we will guide you through the process of assigning separate General Ledger Accounts for Payables and Receivables. In the dynamic world of accounting and finance, maintaining clarity and organization in your ledger is essential. This blog post is designed to walk you through the process of segregating your payables and receivables in … Read more

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Juliet

Unlock the full potential of Fixed Allocations in Business Central

Whether you’re a seasoned user of Business Central or new to its expansive suite of tools, understanding how to effectively utilize Fixed Allocations can significantly streamline your financial management processes. In this post, we will guide you step-by-step through the nuances of working with Fixed Allocations, ensuring you can harness this powerful feature to optimize … Read more

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Juliet

Standardizing Bank Reconciliation in North America for Microsoft Dynamics 365

Business value Bank reconciliation in North American versions is now done through the standard Bank Reconciliation page, which has been improved to support the same tasks as the Bank Rec. Worksheet did in those versions. The Bank Rec. Worksheet page that was specific to North American versions will be removed in April 2023. Feature details … Read more

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Accounts Payable Strategy
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Juliet

Vendor Payment Process in Business Central

First, we’ll take a look at how to generate an aging report so we can see which invoices are outstanding and what their due dates are, and then we’ll look at how to actually complete the payment process to print and post checks for those invoices using the Suggest Vendor Payments screen.    Viewing Outstanding Invoices  The first step … Read more

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General Journal Views in Dynamics 365 Business Central
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Juliet

General Journal Views in Microsoft Dynamics 365 Business Central

Microsoft Dynamics 365 Business Central strives to make accessing information as simple as possible. Business Central offers several different methods for viewing financial data within your system. This includes super-powered intuitive reporting, but also just setting up your day-to-day views to maximize efficiency. This is the first in a series of three blogs designed to … Read more

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Dynamics 365 Business Central
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Juliet

How to Quickly View Chart of Accounts Balances by Dimension as of a Specific Date (in Dynamics 365 Business Central)

Even out of the box, Microsoft Dynamics 365 Business Central is intuitive and easy to use. Setting up and keeping an eye on your chart of accounts has never been easier. But it gets better: you can customize the way the chart of accounts is displayed using dimensions and filters. From the chart of accounts … Read more

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Bank Reconciliation
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Juliet

How to Reprint a Previously-Posted Bank Reconciliation (Business Central Quick Tip)

“Help! I’ve previously posted and printed a batch in Dynamics 365 Business Central but I need to reprint some of the reports from my bank reconciliation!” No fear! Crestwood is here. Below are the steps to reprint a previously-posted bank reconciliation. First, navigate to the top ribbon and select Cash Management > Bank Accounts. Highlight … Read more

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Quick Tips
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Juliet

Adding Default Dimensions to Vendor in Dynamics 365 Business Central

Microsoft Dynamics 365 Business Central was designed with simplifying processes and saving time in mind. The ability to add “Dimensions” to anything from a customer to project to vendor is just one great feature that helps speed up your processes. Dimensions are used to filter out certain data, and track any metric you choose. Instead … Read more

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Dynamics 365 Business Central Copy Journal Entries
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Juliet

How to Copy General Journals in Business Central (2020 Wave 2 New Feature)

By popular demand, in the Microsoft Dynamics Business Central 2020 Wave 2 release (v.17), General journals can now be copied after they are posted! They can easily be re-used or reversed out. Here’s how! First, search for general journal templates. Then create a new template or update an existing one. Enable the checkbox “Copy to … Read more

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General Ledger in Dynamics 365 Business Central
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Juliet

Purchase Order Processing and the Various General Ledger Entries in Dynamics 365 Business Central

There are two options in the Inventory Setup window that need to be considered when defining the various posting accounts in Microsoft Dynamics 365 Business Central. We will go through how these options create different GL entries during the purchase order process so you can make the selection that is best for your procedures. The … Read more

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Default Vendor Expense
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Juliet

Assign Default Expense Accounts for Vendors Using Purchasing Codes in Dynamics 365 Business Central

There is a feature in other accounting systems such as Microsoft Dynamics GP to assign a default expense/purchasing account to a vendor. This account then defaults as the debit when invoices are entered for that vendor. Good news! The same solution exists in Dynamics 365 Business Central using Recurring Purchase Lines to speed up data … Read more

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New feature in Dynamics 365 BC
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Juliet

View Vendor and Customer Names and Item Descriptions in Ledger Entries in Dynamics 365 Business Central

A new feature was added to Microsoft Dynamics 365 Business Central to allow users to display vendor names, customer names, and item descriptions in ledger entries. This can be enabled in the following windows: Copy Vendor Name to Entries via a checkbox on the Purchases & Payables Setup page for Vendors Copy Customer Name to … Read more

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Dynamics 365 BC Check Printing
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Juliet

How to Print Payables Checks in Dynamics 365 Business Central

When printing checks in Microsoft Dynamics 365 Business Central, there are a couple settings to be aware of. The following steps will guide you through selecting the correct check stock and printing the checks during payment journal processing. Step One: Double-Check the Check Stock First, select the proper format to match your pre-printed check stock. … Read more

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