QuickBooks Enterprise 2020 Desktop Edition – v20.0 New Features & Functionality

Intuit has released QuickBooks 2020 (also known as v20.0), which includes a bunch of new features and functionality that will help companies get paid and work faster than ever before, providing a powerful and flexible solution for your growing business. QuickBooks Desktop Pro, Premier, and Accountant 2020 Automated Payment Reminders:  If you spend a lot of time…

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Order to Cash (OTC) Process for the Microsoft Dynamics 365 Business Central system

While reviewing and comparing financial management systems to each other, many of our clients started by comparing the OTC process in the various offerings. Our OTC video will cover: Order Management Credit Management Order Fulfillment Shipping and Transportation Invoicing Accounts Receivable Collection Reporting (Cash-Flow) Although we attempted to keep our video brief and to the…

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Dynamics 365 Business Central – How to use Payment Methods properly in AR and AP

This video will describe the proper configuration and setup of the Payment Method in Accounts Receivable and Accounts Payable. The Payment Method functions in Microsoft Dynamics 365 Business Central can be used to auto create a payment record in the AR or AP module based on a posted invoice. This video will discuss the details…

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Dynamics 365 Business Central – Inventory Adjustments with Serial and Lot Numbers – Costing Issues

Dynamics 365 Business Central, formerly known as Dynamics NAV, has a number of inventory valuation methods it supports including FIFO, LIFO, Average, Standard and specific (Serial No only). The system will update and maintain proper cost buckets for each inventory journal entry based on the valuation method selected for the given item. Some of our…

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Dynamics 365 Business Central – How to process Cash Discounts and Write-Off in Accounts Receivable

Microsoft uses different terminology when describing write-off in the context of Accounts Receivable. Dynamics 365 Business Central (formerly known as Dynamics NAV) calls a Write-Off something slightly less frequently used in the US, specifically a “Payment Tolerance”. The system allows you control over whether payment tolerances are allowed at all. You can also control whether payment…

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Intuit Point of Sale – Version 18, Release 10 Available now

Intuit is releasing an update for their Point of Sale software that addresses a few issues that have been reported by the user base. For assistance with your Point of Sale product, please call us at TEL. (855) 227-0700 To download the latest code, please access: https://downloads.quickbooks.com/app/qbdt/products?productName=QuickBooks%20Point%20of%20Sale&edition=Point%20of%20Sale%20Pro&version=18&country=us The issues that have been addressed by this…

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