Follow these five steps to set up a new company in Dynamics 365 for Financials:After logging into your Dynamics 365 for Financials instance, search for and open the Companies page. Click the New button on the Ribbon. Assign a Name to the new Company. Note: After you specify the Name, Dynamics 365 for Financials will take a while to create the new Company. Assign a Display Name to the new Company. Specify if you want to use the Enable Assisted Company Setup tools. See the notes below for information about how to use this field.After opening the Companies page, you'll see the following:Enable Assisted Company Setup Options You have two options within this tool:Option 1 — Blank: If you leave this field blank, the company … [Read more...] about Set Up New Company in Dynamics 365
Dynamics SL 2015 Financials Improve
Microsoft is proud of the fact that it accepts user suggestions on improving products, and rightly so. This willingness to accept constructive criticism means a better overall product that gives consumers what they want and need.Microsoft Dynamics SL 2015 is no different. The enhancements on the Financial module came directly from user suggestions. Here are just a few of the enhancements that were designed to make the software more user-friendly than previous versions:In Accounts Payable, creating Vendor backup withholdings can be done automatically. Vendors that are not 1099-compliant are flagged, and a Payables batch can automatically create a withholding. Users can also create multiple prepayments against a single voucher. Accounts … [Read more...] about Dynamics SL 2015 Financials Improve
Add a Three-Dimensional Chart in NAV
Last week's blog on Creating Advanced Charts in Dynamics NAV dealt with two-dimensional charts, but you can also add a third dimension. Select one Amount and one Dimension from the lower right as before. Then select another Dimension from the lower left-hand corner.Here we have a chart that shows Sales Order Amount by Salesperson and State:If you left click on the chart, you can move the chart's angle to change the view to your liking.If you want to print this chart or save it to imbed in a document, right click on the chart and the Print and Save Picture As options will appear. To save the chart in Dynamics NAV, select Customize.This brings you to the Generic Chart Customization where you can add an Axis Title and … [Read more...] about Add a Three-Dimensional Chart in NAV
Vendor Expenses in Dynamics 365
There are a couple of options for recording vendor expenses in Dynamics 365 for Financials: (1) use Journals or (2) use Purchase Invoices along with Service Items. That said, I think only the Purchase Journal method makes sense. I'll clarify why below. Option 1 — Use Journals This is by far my preferred method because it's simpler and requires less initial setup. The basic steps are as follows: (1) open the Purchase Journal, (2) set up your journal lines and (3) run the Post function. CRONUS US Example Basic Scenario: Record a $2,500 rent invoice payable to AR Day Property ManagementMore Scenario Info:Rent Expense GL Account = 60100 AR Day Property Management's Vendor = 20000 The AR Day Property Management Vendor is configured to … [Read more...] about Vendor Expenses in Dynamics 365
Top Features of Dynamics SL 2015
We know, we know. You don’t want to upgrade. Implementing Dynamics SL 2011 was no simple task, and you finally have the software working just the way you want it. Why would you change now?Well, for starters, as of 2017 tax updates are no longer being issued for any version of SL 2011. Considering the crucial role taxes play in finances and accounting, this news is probably reason enough to schedule an upgrade to SL 2015. Plus, if you're already paying a maintenance fee to Microsoft, you might as well take advantage of the product updates and stay current with the software.We understand your hesitation though. Upgrading to a new version of software is not always fun. It’s kind of like going to the dentist. You know you need to go, but … [Read more...] about Top Features of Dynamics SL 2015
Goodwill: Workers in the Workforce
If you’ve lived in Minnesota for any length of time, you’re likely familiar with Goodwill stores. Perhaps you shop there because you enjoy getting a good deal. Maybe you donate extras because you hate to throw away perfectly good items.Did you know that every time you shop or donate at a Goodwill, you’re helping reduce unemployment? The majority of profits from Goodwill Easter Seals in Minnesota goes into the organization’s social services programs, according to Holly Harrison, communications manager.“What makes Goodwill unique is all the employment services, the nonprofit side of things,” Harrison said.Goodwill International has a common mission of reducing barriers to employment and independence. Each region approaches that mission … [Read more...] about Goodwill: Workers in the Workforce
Create Advanced Charts in Dynamics NAV
Microsoft Dynamics NAV has many pages with list views: Customers, Items, Vendors, Sales Orders and Purchase Orders, to name a few. However, it can be useful to have a quick visualization of some important business metrics without having to filter the list data. Today, you’ll see how to successfully change a list view to a chart view and how to customize a chart.For our example, we’ll deal with Sales Orders, which are seen in the list view below. First, click on Show as Chart in the ribbon to replace the list view with the chart view.You’ll find that no chart is displayed, however, and this is where many users get discouraged. So what’s going on here? You first need to pick out the metrics you want to see in the chart. Start by … [Read more...] about Create Advanced Charts in Dynamics NAV
NAV Custom Document Layouts
Did you miss this great 2016 feature of Dynamics NAV?Every time Microsoft releases a new version of one of their premier Dynamics solutions, they pack it full of helpful features. Sometimes, it’s hard to keep track of all the new little tidbits that are intended to help you do business that more efficiently.Here’s a neat little feature we almost missed so we want to make sure you don’t:With Dynamics NAV 2016, Microsoft added the ability to set up custom document layouts for each customer. This means that each customer can have a custom Quote, Order Confirmation, Invoice, Credit Memo or Statement, as shown below.If you need help setting up this feature, contact our support team today by emailing navsupport@boyerassoc.com. … [Read more...] about NAV Custom Document Layouts
Fix a Failed ERP Implementation
So Your ERP Project Failed — Now What? If you’ve ever been in the midst of a failed ERP implementation, you know only too well the major headaches such a massive failure can cause. The aftermath often involves extremely long hours at work, routine tasks that suddenly take much longer than they should, costly errors and an understandably frustrated staff.Unfortunately, failed ERP implementations are entirely too common. No wonder so many companies are reluctant to take the dive and change systems. What happens when your nightmare comes true and the project goes underwater?If you’ve recently undergone a failed ERP implementation, take a deep breath. There is hope. Here are five helpful steps you can take to fix a failed ERP … [Read more...] about Fix a Failed ERP Implementation
Dynamics GP 2016 R2 Now Available
The latest release of Microsoft Dynamics GP debuted Dec. 1, 2016. Microsoft continues to improve its products based on customer needs, as evidenced by this latest release. New features in the R2 release include:SmartList Designer enhancements PowerBI reports added to web client home page Project Accounting and Requisitions improvements More than 25 new functionality featuresDon’t miss out on your chance to take advantage of these great new features. To schedule an upgrade for your current GP software, contact Carol Simonson at 763-412-4315 or csimonson@boyerassoc.com. … [Read more...] about Dynamics GP 2016 R2 Now Available
