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
Microsoft Enhancement Plan 2017
Does your company currently own Microsoft Dynamics ERP software? If so, you may have access to additional service benefits that you don’t even remember (or know) exist.When companies buy a Microsoft Dynamics ERP product, they frequently sign up for the annual maintenance plan, officially called an Enhancement Plan. While new users still figuring out the system may take a quick look at the learning tools available, most quickly get back into the routine of work and forget to take advantage of these extra features.That’s a bummer because your Enhancement Plan offers a host of resources to help you make the most of your current Dynamics product, whether you’ve been a user for one month or five years.As a refresher, here’s a glance at … [Read more...] about Microsoft Enhancement Plan 2017
SL 2015 CU2 Rich Client Available
Microsoft recently released an update for Dynamics SL. Microsoft Dynamics SL 2015 CU2 Rich Client with bonus Power BI content is now available.The Microsoft Dynamics SL 2015 CU2 Rich Client upgrade includes all rich client hot fixes that have been created since the Microsoft Dynamics SL 2015 CU1 release. The CU2 release will install over a customer’s current SL 2015 installation (SL 2015 or SL 2015 CU1).This latest update features bonus content in the form of a PowerBI connection document and a PowerBI Project dashboard. The Power BI Dashboard will provide pertinent information on projects.This is a quick snapshot of one of the tabs included in the dashboard showing labor, expense and margin information:There are so far no updates … [Read more...] about SL 2015 CU2 Rich Client Available
Nonprofits to Hold Tech Conference
The Minnesota Council of Nonprofits will host its 2017 Nonprofit Communications and Technology Conference on Feb. 21 at the Hyatt Regency in Minneapolis. The annual conference focuses on ways nonprofits can further their mission through the latest communication strategies and technological advancements.This year’s keynote speaker will be R.T. Rybak, president and CEO of the Minneapolis Foundation. Rybak, formerly the mayor of Minneapolis, will discuss communication strategies in complex organizations. His topic is “A Diabolical Weapon Called Authenticity.”This year’s conference features more than 30 breakout sessions, with topics on everything from social media and website development to fundraising tips to computer networking and data … [Read more...] about Nonprofits to Hold Tech Conference
