In Business Central, you can post multiple acquisitions to a fixed asset, but doing so can impact the next depreciation calculations if you are not fully aware of how depreciation is computed. Below are two scenarios illustrating the differences between posting an additional acquisition on the first day of the month versus mid-month. To keep…

Yesterday, I came across a post on the Dynamics 365 Community forum asking how we can publish a blank value to the Currency Code field when using the General Journal Edit in Excel function. The problem arises because this field is validated by the Customer record, automatically pulling the Currency Code from the Customer master…

In Business Central, managing Permission Sets is not always straightforward. You can add or reference existing permission sets within another, creating a hierarchical structure. Within these Permission Sets, there could be Include and Exclude of the same object. Hence, in today’s post, we’ll walk through Permission Sets in Business Central, explaining how they work and…

This is a two part series to introduce Business Central Warehouse Management on a high-level. On the first series, I discussed about the types of warehouses and what are their Inbound and Outbound processes in Business Central. In this series, I will discuss on the Internal movement process on how to move and adjust the…

This is a two part series to introduce Business Central Warehouse Management on a high-level. In Business Central, there are various warehouse configurations available, which can be overwhelming for new onboarding customers, especially those transitioning from system without inventory management capabilities. Hence, in this series, I will simplify and streamline the understanding of the high-level…

In today’s post, we’ll discuss the impact of incorrectly classifying Interim Accounts in the financial statements and how it can affect our reporting. As you know, when “Expected Cost Posting” is enabled, the system requires additional G/L accounts for “COGS (Interim)” and “Invt. Accrual Acc. (Interim)”. Often, when new customers migrate to Business Central from…

Today’s topic focus on the essential steps for accurately migrating open foreign invoices to Business Central. By following the best practice, you can ensure that Accounts Receivable and Accounts Payable balances are precisely maintained and accurately reflected when these invoices are eventually closed within the system. Common Mistake A mistake often made by end-users and…

‘Recurring General Journals’ in Business Central are typically used for regular entries such as rent, utilities, and subscriptions. However, many users overlook the ability to reclassify amounts between different G/L accounts, making this feature an invaluable tool for accountants during year-end closing. In today’s post, I’ll highlight this overlooked feature found in ‘Recurring General Journal’….

In today’s post, I will be covering on how to import Physical Inventory Order’s Recording. The Physical Inventory Order module is commonly used by companies that manage stock or inventory, providing essential functionality for counting and reconciling inventory levels. However, as many know, importing the file isn’t as straightforward as exporting. Understanding the Export File…