Looking for an easy-to-use finance management tool? Microsoft Business Central has you covered! Get a free trial & get the most out of it!

Finance management is a critical part of running a successful business. And while there are many different software solutions out there to help you manage your finances, Microsoft Business Central is a great option for businesses of all sizes. 

Business Central is a comprehensive business management solution that helps you automate finance processes, get real-time insights into your business, and improve decision-making. It’s also easy to use and comes with all the features you need to manage your finances effectively. 

If you’re looking for a finance management solution for your business, Microsoft Dynamics 365 Business Central is definitely worth considering. Now let’s look at its finance modules & its uses will help you to keep track of your activities. 

Finance Modules & Their Uses Offered by the Microsoft Dynamics 365 Business Central

Name of Module  Useful for 
Managing Receivables Incoming payments Bank account statements  Collection of outstanding balances 
Managing Payables Make Payments via online or cheques  
Invoicing Prepayments  Get payment in advanced from customers or vendors before shipping goods 
Reconciling Bank Accounts  Transfer funds from one bank account to another 
Managing Intercompany Transactions  Manually or automatically setup transactions for intercompany partners 
Managing Inventory Costs  Manage inventory and manufacturing costs, along with robust report 
Understanding the General Ledger and the COA Analyze the general ledger and the chart of accounts (COA). 
Consolidating Finance Data from Multiple Companies  combine finance statements of different stores/ firms/ organizations into one finance statement for financial analysis. 
Work with Dimensions  Add dimensions for business intelligence. 
Create G/L Budgets  forecast different finance activities  
Post Transactions Directly to the General Ledger Record income and expenses directly in the general ledger/ accounts book  
Reverse Journal Postings and Undo Receipts/Shipments  Reverse entries to undo value postings on on purchase or sale 
Allocate Costs and Income  Allocate an entry in a general journal 
Use Item Charges to Account for Additional Trade Costs  Assign extra costs like freight and physical handling expenses 
Record and Reimburse Employees’ Expenses  employee expenses for work-related activities and make reimbursements directly 
Defer Revenues and Expenses  Allocate revenues and expenses to periods other than the ones in which the transactions occurred. 
Work with Recurring Revenue  Automated subscription invoices for customers 
Update Currency Exchange Rates  Use additional currencies and update currency exchange rates automatically 
Import Payroll Transactions  Import salary transactions from your payroll provider 
Convert Service Contracts that Include VAT Amounts  Manually convert service contracts to change VAT rate  
Analyzing Cash Flows in Your Company  Analyze the the flow of cash in and out 

Also Read: Most Common FAQs for Dynamics 365 Business Central

How to Use Finance Management Module?

Finance Management Module business central dashboard

As you can see from the image on the top there are various options like general journals, currencies, chart of accounts, GL account etc. You can simply click on it and fetch the data that you are interested in. 

How to Get a Business Central’s Finance Management Module for My Business?

Businesses must always maintain a keen eye on their finances. After all, it is the lifeblood of the company. For this reason, many businesses invest in comprehensive finance management software, such as Microsoft Dynamics 365 Business Cental especially the finance module. 

 The Finance Management Module is a great way to keep track of your business’s finances. It can help you plan and budget for the future, as well as track and manage your cash flow. It’s an essential tool for any business, and with Microsoft Dynamics Gold Partner, you can get it at a great price. 

 So if you’re looking for a better way to manage your business’s finances, be sure to get a free trial of it along with the best Microsoft Dynamics Partner such as Web Masters LLC. 

Try Free Demo of Microsoft Dynamics 365 Business Central Finance Management Module 

How to Get the Most from Microsoft Dynamics Business Central?

If you want to get the most from Microsoft Dynamics Business Central, working with a Gold Partner is the best way to go. Gold Partners have the highest level of expertise and experience with Microsoft Dynamics products. They can help you customize and implement Business Central to fit your specific business needs. 

Working with a Gold Partner also gives you access to exclusive benefits, such as early access to new features and product updates. So if you’re looking to get the most out of Business Central, working with a Gold Certified Microsoft Dynamics Consultant is the way forward. 

Which is the Best Gold Partner of Microsoft?

Web Masters LLC is proud to announce that it has been named the best Gold Partner of Microsoft. We are a partner of Microsoft who has shown the highest level of commitment to Microsoft and its products. 

 Web Masters LLC has been a Microsoft Gold Partner for over 30 years. In that time, we have built a reputation for providing the highest quality Microsoft-based solutions to our clients.  

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