Financial Management in Business Central

The financial module handles the main accounting and financial management functions in Business CentralUsers must be able to enter financial data quickly and efficiently and use it afterwards in meaningful reports.

In financial management training in Business Central, you learn how to implement and use a financial administration in Business Central from A to Z. It includes topics like how RapidStart can simplify the data migration process, and explains what the importance of posting groups is. You will also receive answers to questions like:

  • How can I set up the chart of accounts?
  • How are daily transactions like invoices and journal entries posted?
  • What are dimensions and how to use them efficiently?
  • How can I configure financial reports to analyze my business?
  • How can I implement workflows in Business Central?
  • How can I predict my future cash flow in Business Central?

In financial management training in Business Central you will learn how to set up a daily bookkeeping administration in Microsoft Dynamics 365 Business Central, including VAT, electronic banking, reminders, and foreign currency management.

By using a case-based approach, our Business Central Booster Functional program will guide you through the steps it takes to set up financial management in Business Central. After setting up a company, you will migrate business data and configure posting groups to post sales and purchases to the correct G/L accounts. You will set up new dimensions that you use to analyze your business. You will also learn how to execute daily tasks like posting journal entries and payments, and you will discover how to send reminders to customers and how to close a fiscal year. 

Business Central Booster also explains the more advanced financial features of Business Central. 
You can learn how you can use cost accounting to take your financial administration to the next level, or how you can use the fixed asset features for automatic depreciation calculations.

Financial Management in Microsoft Dynamics 365 Business Central

Following financial management subjects are included in the Business Central Booster Core and Advanced product specialist learning programs:

  • Setup number series 
  • Setup posting groups
  • Chart of Accounts
  • Financial Management setup
  • RapidStart Services
  • Setup general journal templates and batches
  • General journals
  • Payment Discounts & Tolerances
  • Reminders
  • Cash Management
  • Setup Dimensions
  • Year end closing
  • Financial reporting & analysis
  • Budgets
  • Multicurrency
  • Fixed Assets
  • Cost Accounting

Business Central Booster’s full encompassing functional program includes financial management, trade and logistical training.

This program includes everything you need to jumpstart a consultant career in Business Central and prepare you for the MB-800 certification exam.

This learning program will boost you in the Business Central professional consultancy practice.

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    Get onboard and contact us if you or your organization wants to boost into Business Central