As a professional services firm or project-based business, there are two key factors to maximizing revenue – utilization and billing rate. While individual firms have some ability to manage billing rates, it is primarily driven by external factors – market fluctuations, economic issues, labor availability, regulatory changes – driving supply and demand. Utilization, on the…
What is the best way to process customer payments for your business? There several ways that you can process customer payments in Microsoft Dynamics 365 Business Central. Two of the options allow you to post a payment without applying it to an invoice(s) or memo and process the application later. The third option requires you…
The October 2018 release of Dynamics 365 for Finance and Operations (Version 8.1) introduced several new and very useful features in the core financials management area of the application, along with other new functionalities and enhancements across various other modules, analytics, overall platform, extensibility and more. In this blog post, we will review some of…
Your ERP system is one data source. Your CRM solution is another. How many other disparate data sources do you have? The only way to extract actionable business intelligence is to have a global view of all your data in one place. In other words, you need to be able to connect the dots. Now…
Take that old crystal ball and throw it right out the window. You don’t need it anymore. As a user of Microsoft Dynamics ERP, you now have a much better option: Solver BI360. BI360’s budgeting and forecasting module is a complete data entry interface to capture strategies, goals, budgets, and forecasts. Available for cloud and…
If you’re a Microsoft Dynamics veteran, then you know the history of the various financial reporting tools that have been available to Dynamics users. Take FRx, for example, which dates all the way back to 1991 and was actually quite popular. But be that as it may, it was discontinued in 2011 and replaced by…
Have you encountered a message stating “The currency ID is not selected for this posting account” in the Microsoft Dynamics GP General Posting window? This message may appear to indicate that the General Ledger Account directly above the message is missing the currency association as shown below. In actuality, the message is simply stating that…
Dynamics 365 Business Central delivers a complete view of your fixed assets with key information in a single location. Not only can users enjoy the ease of reports and save time by maintaining data in one spot, but eliminating the need to enter data from one application to another significantly reduces the risk of data…
For growers and horticulturalists, accounting is critical when understanding the value of your plants, no matter what lifecycle stage they are in. You need to track accounting for proper tax and reporting purposes, for the bank, or for auditing purposes. Not only will good organization and impeccable bookkeeping be useful to your staff and management,…
