Dynamics 365 Business Central Finance
Manage your financials, simplify your accounting processes and improve your financial reporting and analytics by connecting financial data from every part of your organization.
Business Central Finance: Comprehensive financial management, customized to your business.
Finance teams need clean data, quick closes, and clear cash visibility. We help Canadian organizations set up Business Central finance so AP, AR, cash flow, and bank reconciliation work the way your team already operates. From chart of accounts and posting groups to approval paths and banking feeds, we configure, migrate, train, and support your rollout. The result: fewer spreadsheets, faster reviews, and reporting that you can action. Whether you’re new to Business Central or moving from GP, NAV or any other accounting or ERP’s, we’ll map the plan and get you live with confidence.
What Business Central Finance can do for you?
General Ledger
A general ledger solution that allows you to easily add to your chart of accounts and create multiple budgets to track and analyze financial transactions and deliver robust financial reporting.
Dimensions
Business Central Finance offers dimensional accounting to track revenue, expenses and profitability for an unlimited number of dimensions, including by department, project and geographic location.
Fixed Assets
Track fixed assets such as buildings, machinery and equipment. Post fixed-asset transactions related to acquisitions, depreciation, disposals and more to specific departments or projects.
Budgets
Track your organization’s performance using budgets in the general ledger, and import budget data from Microsoft Excel for enhanced calculation capabilities.
Intercompany Transactions
Conduct business with your subsidiaries or internal partners in the same way you do business with your vendors and customers, including generating sales orders and posting journal transactions.
Consolidation
Bring together data from a variety of companies to allow for consolidated budgeting and reporting.
Cash Flow Forecast
Predict your organization’s liquidity over time by forecasting expected cash receipts and disbursements, plus available liquid funds.
Bank Reconciliation
Import and reconcile bank statement data, automatically open bank account ledger entries, and view transactions that need immediate attention.
Multiple Currencies
Conduct business with customers and vendors in multiple currencies, including sales and purchase documents, bank transactions, payables and receivables.
Core Finance Capabilities
General ledger
chart design, posting groups, dimensions
A comprehensive general ledger solution featuring flexible chart design and posting groups to easily manage your chart of accounts, create multiple budgets, and track and analyze financial transactions with robust financial reporting capabilities.
Accounts payable
AP automation, vendor setup, 3-way match,
approvals
Streamline your accounts payable process with AP automation that simplifies vendor setup, enables 3-way match verification between purchase orders, receipts and invoices, and includes
Accounts receivable
AR automation, customer credit, aging,
dunning
Optimize your accounts receivable process with AR automation that manages customer credit limits, tracks aging reports to monitor outstanding balances, and automates dunning procedures to improve cash collection and reduce days sales outstanding.
Banking
feeds, bank reconciliation, payment formats,
EFT
Import bank statement feeds and perform bank reconciliation automatically, support multiple payment formats including EFT, open bank account ledger entries, and view transactions that need immediate attention.
Reporting & Dashboards
Access out-of-box financials including trial balance, P&L, and balance sheet reports, create custom account schedules with flexible row/column layouts, generate cash flow forecasts with expected inflow/outflow drivers, connect via Excel refresh and Power BI connectors, and utilize role-based lists tailored for controllers and managers.
Period Close & Compliance
Close checklist and task assignments
Recurring journals and allocations
Intercompany postings and eliminations
Year-end steps and backup practices
Audit trails and approval history
Period Close
Streamline your financial close with close checklist and task assignments, automated recurring journals and allocations, intercompany postings and eliminations, and structured year-end steps and backup practices.
Compliance
Maintain complete audit trails and approval history for all financial transactions to support regulatory requirements and internal controls.
“Joesoftware has been supporting us with both our conversion to Microsoft Business Central and the implementation of Microsoft Dynamics. From our first meeting to go-live Joe Software has provided excellent support. They worked to understand our business first and then make common sense recommendations that fit our needs. Implementation support, go live support, and on going help has been professional and fast with timelines well communicated. I recommend Joe Software without hesitation.”
David Rumor, RhPAP
Joesoftware is your Business Central Finance partner.
Joesoftware can help you determine how Business Central Finance can improve your accounting efficiency and elevate your financial reporting. We take the time to understand your business and find the solutions that are right for you today and in the future.