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
The 2023 Wave 2 release is here, and it brings a host of exciting features and improvements that can change the way your business operates. In this blog post, we’ll provide you with an overview of what to expect in this release, giving you a sneak peek into the future of your ERP system. Key … Read more
As we approach the end of the year, it’s crucial to gear up for your 2023 tax filings. With significant changes in submission practices for W-2 and 1099 forms, staying informed and prepared is key. This year, the IRS has mandated that employers with ten or more forms, including W-2s and 1099s, must file electronically. … Read more
In today’s fast-paced business world, managing tax forms like 1099s, W-9s, W-2s, and 1095s can be a challenging task. However, with Avalara’s innovative tax automation solutions, this daunting process becomes a breeze, offering a seamless and efficient way to handle your tax filing needs. Paperless Process: Embracing the Digital Age Avalara revolutionizes the way we … Read more
If you are a Microsoft Dynamics GP user, you’re likely well aware of the Microsoft GP Sunset in the near future and you may be thinking about upgrading to a more efficient solution that offers better functionality and helps you streamline your processes. That brings us to today’s topic: a Microsoft Dynamics GP to … Read more
Enterprise resource planning (ERP) systems are essential to the functioning of modern businesses. They help organizations manage their core business processes such as finance, sales, inventory, and production. Among the popular ERP solutions in the market is Microsoft Dynamics 365 Business Central. Here’s what makes Business Central unique and why it is an excellent choice … Read more
Many manufacturing ERP software systems are as embedded within organizations as the production equipment that powers them. Just like machinery that doesn’t evolve with the times, an ERP system can become outdated and painfully inefficient. And just as outdated equipment can slow down your whole production line, an outdated ERP system can keep your entire … Read more
How to Choose Between Enterprise Resource Planning Systems Your spreadsheets are in shambles. Your documents are in disarray. Your accounting is atrocious. Your customer service is crumbling. It’s definitely time for an enterprise resource planning (ERP) system. Now the question is, with so many types of enterprise resource planning systems to choose from, which one? … Read more
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
Crestwood Associates is looking forward to delivering the latest solutions to our clients from Microsoft Dynamics 365 Business Central Wave 1. The latest features will add immediate value to your ERP functionality. Upgrades include: Improved Business Central integration with Power Platform to increase productivity. Application features are added to increase productivity, create better overviews and … Read more
Watch OnDemand Join Microsoft for an in-depth look into the latest updates across Microsoft Dynamics 365 and Microsoft Power Platform that are helping businesses overcome their biggest challenges today. Find out about new features, capabilities, and best practices for connecting data to deliver exceptional customer experiences, collaborating and creating using AI-powered capabilities, and driving productivity … Read more
New feature – Use multiple remit-to addresses for vendors This feature is going to make many previous Dynamics GP users happy! Business Central will now have the ability to store multiple remit-to addresses for each vendor. A new menu will be available in the Vendor Card: Additional Remit to addresses can be stored in … Read more
It’s Time to Explore Alternative Solutions In June 2021, TIBCO announced that Scribe support is ending November 2022 and Crestwood wants to make sure you’re prepared for the change that’s coming soon. This retirement will apply to all product components, including: TIBCO Scribe Insight Adapter for Microsoft Dynamics AX TIBCO Scribe Insight Adapter for Microsoft … Read more
Why it’s important to schedule a GP upgrade as soon as possible: Microsoft is changing email security rules effective October 1, 2022, and it will impact Microsoft Dynamics GP users like you. Here are the three quick details to know: THE TIMELINE: On October 1, 2022, Microsoft will release changes to email security for Office … Read more
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
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
What is Log4j? Cyber attackers are making hundreds of attempts every minute to try and exploit a critical security vulnerability in the Java logging library, Apache Log4j. The Log4j flaw (also now known as “Log4Shell”) is a vulnerability that can allow unauthenticated remote code execution and access to servers. Log4j is used in many forms … Read more
It’s that time of year again to think about closing the fiscal year. With many clients making the switch from Microsoft Dynamics GP to Microsoft Business Central, I’ve been asked many times, “how do I close the books in Business Central?” “Do you have an eBook on it?” or “is Crestwood going to have a … Read more
As the holidays approach, it makes me think of closing the fiscal year. Here is a checklist and the step-by-step process for closing out 2021 in Microsoft Business Central. As always, our team of support experts are here to help if you need anything. YEAR END CHECKLIST POST ALL OPEN JOURNALS: Payments, Deposits, Cash Receipts, … Read more
We are all called upon, on occasion, to wear different hats and be responsible for things that may be outside the realm of our traditional job tasks. There is nothing wrong with learning something new and taking on additional responsibility, unless you are juggling more than what you can handle. Just because you can balance … Read more
Bank Reconciliation within Microsoft Dynamics 365 Business Central is powerful, but if it is not set up correctly, it can wreak havoc. Microsoft Docs does have some documentation (on managing bank accounts in BC and auto-reconcile bank accounts in BC), but it doesn’t provide much of a step-by-step and inexperienced users may miss some things … Read more
This is the second consecutive year of an event that we all hope won’t become an annual one: the IRS announced changes yet again to the 1099-NEC form. There are minor changes to some boxes, and the 1099-NEC form is now three forms per page (where last year it was two). Form 1099-NEC sizing: there … Read more
Another Business Central RE-Implementation Case Study If I said to you: “their system is set up in USD,” would it raise any flags to you? What if I said that to your VAR partner? Would they be alarmed? You read our title correctly; even American companies working SOLELY in US dollars shouldn’t be setting up … Read more
Pumpkin spice lattes are back; college football is underway; folks are pulling out the Halloween decorations. That means only one thing in Business Central world: it’s time for Wave 2. Microsoft is set to release their Dynamics 365 Business Central Wave 2 release in October, and WOW are there some exciting new features planned. Microsoft … Read more