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 & their uses will help you to keep track of your activities.

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

Name of ModuleUseful for
Managing Receivables.Incoming payments Bank account statements  Collection of outstanding balances.
Managing Payables.Make Payments online or through cheques.
Invoicing Prepayments.Get payment in advance from customers or vendors before shipping goods.
Reconciling Bank Accounts.Transfer funds from one bank account to another.
Managing Intercompany Transactions.Manage inventory and manufacturing costs, along with a robust report.
Managing Inventory Costs.Manage inventory and manufacturing costs, along with the robust report.
Understanding 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.Reverse entries to undo value postings on purchase or sale.
Reverse Journal Postings and Undo Receipts/Shipments.Reverse entries to undo value postings 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 the VAT rate.
Analyzing Cash Flows in Your Company.Post Transactions Directly to General Ledger.

Also Read: Most Common FAQ Dynamics 365

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

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, charts of accounts, GL accounts, etc. You can simply click on it and fetch the data 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 financial 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.

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 365 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 and have 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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