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D365 BC for accounting & finance management

business central financial managment

introduction

Business Central is the ideal solution for handling your financial management and posting your business accounts. Business Central ensures that your financial and accounting tasks are performed efficiently and with the least margin of error. 

Financial Management

 The term financial management, or financial management, covers the company's focus on planning, organizing, managing and controlling the financial activities, such as key figures, debt and procurement.

The term is typically used about a company's financial strategy, not only long-term budgeting, but also the distribution of short-term resources such as the company's short-term liabilities which must be settled within the current. Financial management also deals with dividend policy.


Financial management covers the business function where the company's finance manager manages all financial resources.


With the right financial system, you get the most out of your data and can therefore go a step further. By dividing silos and centralizing your data from finance, sales, service and operations, you get an accurate overview of your business. And you can go even further. By using real-time updates, you have the opportunity to identify trends or problem areas before they develop into major issues. 

Manage finances with Business Central

 Standard D365 business central includes configuration of virtually all the economic processes that exist in a company and this configuration can even be customized so that the solution fits the individual company.

By default, the configuration in Business Central includes an overview of accounts and standard posting groups. The overview streamlines the process of assigning standard ledger bookkeeping accounts to customers, suppliers and goods.

The financial functions in Business Central cover areas such as:

  • General ledger
  • General ledger budget
  • Intra-company transactions
  • Management of liquidity and payment flows
  • Creditors Debtors
  • Several companies
  • Credit and collection management
  • eCheck

Gain insight into your financial activities

Microsoft Dynamics 365 Business Central helps the company's financial officers and operational managers streamline and optimize the finance function and connect it with other business functions. In this way, Business Central facilitates easier data sharing, greater financial visibility and the opportunity for the company's decision-makers to make decisions on an informed basis and lay out business strategies, so that the company can move towards a common future goal. 

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