Dynamics 365 Finance & Much More.
Hi Folks, Today, after a long time, I got a chance to write something, so I thought I’d share my experience with Project Operation. I’ve been working with this product since last year, learning a lot about it and still learning, as we all know it’s still maturing. Let's start with some basic and will... Continue Reading →
Managing financial reporting across multiple jurisdictions can be complex, especially when different legal entities must comply with both local accounting standards and parent company requirements. Microsoft Dynamics 365 Finance offers a robust solution for parallel accounting, ensuring accurate financial reporting while maintaining compliance. Understanding the Need for Parallel Accounting Companies operating in multiple countries often... Continue Reading →
The author discusses an issue encountered within the Microsoft Dynamics 365 Finance & Operations (D365 FO) update 10.0.37. The update had enabled a feature titled 'Enhanced performance for source document accounting framework' by default, leading to several unexpected repercussions, including disregard for accounting structure validation and financial calendar periods, and no more validation errors. Although the feature could be temporarily disabled after posting all GL Entry, it re-enables with every software update. Microsoft acknowledged the problem as a bug, promising correction in version 10.0.39.
Hi Folks, Happy New Year and Welcome to 2023. Accounting software is all about control in Accounting Transaction. When we talk about control it is obviously important to make sure that system is allowing to post transaction after validating rules defined in system. We can configure the accounting rules in system by configuring proper accounting... Continue Reading →
Hi Folks, If you are working with AX 2012 or Dynamics 365 Finance & Operation you must have heard the word "Financial Dimensions". Do you know what is the "Financial Dimension" means? and what is the use and features related to it in Dynamics 365 Finance & Operation? If No, keep reading I have list... Continue Reading →
I hope you enjoyed my last blog on Main Account (Part-1). As we know Main account is key part of chart of accounts I have tried my best to provide the explanation on Key fields on Main Account form up to General Tab. Now, Let’s understand the important filed and parameters of Main Account form... Continue Reading →
Hi Folks, I hope you enjoyed my last blog on Chart of accounts. As we know Main account is key part of chart of accounts I have tried my best to provide the explanation on Key fields on Main Account form. Now, Let's understand the important filed and parameters of Main Account form. TAB :... Continue Reading →
Hi Folks, Even though you are part of Finance team or not, you always heard this word "Chart of Accounts" (CAO). So let's see what exactly Chart of Account is and How we can Implement or use it in Dynamics 365 Finance. What is Chart of Accounts? A chart of accounts (COA) is an index... Continue Reading →
Hi Folks, While implementing Dynamics 365 SCM for multi legal entity we all received requirement to have Control on View of "Purchase Requisition" to one Legal entity. By default PR function if organization wide function so we can't control with Legal entity. But, we can control few thing by applying proper security control & maintaining... Continue Reading →
Hi Folks, If you are Finance team member, you must have heard this something about "Internal control" and "Segregation of duties". As we all know that Internal control is very wide terminology and it includes Preventive Control and Detective Control. It's always favorite part of Financial Auditor and System Auditor. Segregation of Duty is one... Continue Reading →
Dynamics 365 Finance 