Year-End Closing Procedures for Microsoft Dynamics​ 365 Business Central (formerly know as NAV 2016, 2017, 2018)

Microsoft Dynamics 365 Business Central (formerly know as Dynamics NAV) has a three steps Fiscal Year End closing procedure. Once the closing procedure has been completed, you may still record new GL transaction into the closed Fiscal Year, however, and Profit & Loss items will cause you to re-close the Fiscal year to retained earnings.…

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Upgrade from Dynamics NAV 2015, 2016, 2017, 2018 to Dynamics 365 Business Central – User License Issues and Development (Concurrent vs. Named Users)

When you sign up for a new Microsoft Dynamics 365 Business Central account today, the company only offers named user licenses (or subscription) just like they are being used by Office365 and Azure. This applies to both their Microsoft hosted and their Business Central OnPrem solution. Concurrent User Model – Prior to Business Central, you could…

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Dynamics 365 Business Central (NAV) Manufacturing Demo

This video is designed to give you an overview of the core functionality of the Microsoft Dynamics 365 BusinessCentral (formerly know as Dynamics NAV) manufacturing module (MRP). The video will cover key areas of the Production Bill of Materials, Routing Setup, Work Centers and Machine Centers as well as Production orders and scheduling. Based on this…

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ERP System Architecture of the Dynamics 365 Business Central Platform – Comparison

When evaluating ERP system in today’s environment, the traditional approach of comparing pure accounting features become less relevant. As a matter of fact, most ERP systems such as SAP, Oracle, EPICOR and Microsoft have no meaningful differentiation in the core accounting modules including General Ledger, Accounts Receivable, Account Payable, Inventory Control, Sales Order and Purchase Order…

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Microsoft Dynamics 365 Business Central User Interface Walkthrough

Microsoft just released the FALL 2018 update of its Dynamics 365 Business Central (formerly known as Dynamics NAV) product. Business Central is a business management solution for small and mid-sized organizations that automates and streamlines business processes and helps manage your business. This video highlights how home pages in Business Central gives fast access to…

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What is the difference between Microsoft Dynamics NAV and Business Central (Essentials or Premium)

A fair amount of confusion is building in the community about the direction that Microsoft is taking for the foreseeable future. As other Accounting and ERP System vendors, such as Intuit, have transitioned from an On-Premise Software License model to a subscription model, so is Microsoft. The Dynamics NAV and the Dynamics 365 Business Central…

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