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Dynamics GP Vs Dynamics 365 Business Central – Multi currency revaluation / Adjust Exchange Rates
Introduction This is another blog in a series I’ve been writing comparing functionality in Dynamics GP to Dynamics 365 Business Central. In this post I’m looking at multi currency revaluation in Dynamics GP compared with adjust exchange rates in Dynamics 365 Business Central. Both routines perform the same task of revaluing foreign currency entries, and… Read more
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Dynamics GP – Stranded records in PM20200 causing Invoices to go to History incorrectly when applying payments in Bank Management
The Issue When a user was creating payables payments in the bank management module via “Transactions > Financial > Bank Management > Batches > Payments” they found that when they applied an invoice the invoice would go straight to HISTORY even though the payment hadn’t yet been posted. As a consequence when the user did… Read more
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Dynamics 365 Business Central – Posting a Payment Journal with VAT
I came across a situation where a user needed to post a credit card payment via a payment journal with a VAT element so I thought I’d document on my blog 🙂 In order to do this first create a Payment Journal batch with the relevant balancing account, in my case a credit card, and… Read more
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Dynamics GP Vs Dynamics 365 Business Central – Account Segments and Dimensions
Introduction This is another blog in a series I’ve been writing comparing functionality in Dynamics GP to Dynamics 365 Business Central. In this post I’m looking at account segments in Dynamics GP compared with dimensions in Dynamics 365 Business Central. The configuration of Dimensions and Account Segments can become quite a in depth subject, so… Read more
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Dynamics GP Vs Dynamics 365 Business Central – Reconciling AP and AR to the General Ledger
Introduction Its good practice to periodically reconcile the General Ledger control accounts to the sub ledgers. In this post I’ll highlight the reports and enquiries that can be used in Dynamics GP versus the reports and enquiries that can be used in Dynamics 365 Business Central to achieve this task. Dynamics GP On the General… Read more
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Dynamics GP Vs Dynamics 365 Business Central – Managing Financial Periods
Introduction Dynamics GP and Dynamics 365 Business Central both have great options to manage financial periods therefore controlling what date ranges users can post into. In this post I’ll explore how this is achieved in both products, and point out what I think are the key benefits of each solution. Dynamics GP In Dynamics GP… Read more
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