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 →
Heart of Dynamics 365 Finance : Main Accounts (Part – 1)
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 →
Segregation of Duties (SOD) in Dynamics 365 Finance & Operation
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 →
Alert:- Prepare for dimension table changes in Financial Dimension Framework
Effective December 1, 2020, for all 10.0+ versions of Dynamics 365 Financial Dimension Framework we are preventing deletion from the following Dimension tables: DimensionAttributeDimensionAttributeValueDimensionAttributeSetDimensionAttributeSetItemDimensionAttributeValueSetDimensionAttributeValueSetItemDimensionAttributeValueCombinationDimensionAttributeValueGroupCombinationDimensionAttributeValueGroupDimensionAttributeLevelValue This change is applied directly in the database and follows the same business logic that is used within the application. These changes protect the integrity of the financial accounting data. Any customizations... Continue Reading →
How to configure default description of an automated transaction?
Hi Folks, In this post I am going to show you the configuration which will help you to update description automatically on all ledger and transaction form. Normally in every business Finance team want's to know the reason behind every financial entry and we call it Narration in financial language. Narration is very important part... Continue Reading →
How to get “Dynamics 365 Finance & Operation” Trial Environment
Hi guys, For learning & understanding the standard functionality sometimes we need standard trial environment of MSD365FO (Specially for Consultant & IT Managers). In this blog I am going to show the steps to get Standard Full Trial environment of Microsoft Dynamics 365 Finance & Operation. Please follow following steps to get trial environment: Step:1... Continue Reading →
Store MSD365 Reports on Email as well as on One Drive or SharePoint using Microsoft Automate (Example – Daily Bank Balance Report)
Now a days writing logic is very simple, specially using Microsoft Power Automate (formally known as "Microsoft Flow") We can write a logic and build simple automation to speed up the process. Here in this post I am going to show the process to build a simple flow to store a specific Email Attachment to... Continue Reading →
Thailand Localization in Dynamics 365 Finance Part – 2 (VAT & VAT Reports)
Hello Folks! Thailand, one of the excited and famous place for tourist. We heard lot’s of thing about Thailand but here I’m planning to showcase something related to Localization of Thailand which is available as standard in Dynamics 365 Finance & Operation. I hope you have already seen & understand part -1 of this post. Let’s... Continue Reading →
Improve efficiency and quality with AI-infused finance processes
AI is going to transform the finance function. This common platitude is typically backed with little or no substance. However, when addressing common finance challenges, the opportunities for transformation become abundant. Work-streams are often hindered by legacy technology and traditional processes. Employees are expected to work quickly and accurately, but have a huge workload of... Continue Reading →
Vendor Posting Profile Setup – D365
Setup of Accounts Payable Posting Profile