Jet Reports has released a new feature called Jet Reports Financials for Business Central to help you extract the financial data you need from your Microsoft Dynamics 365 Business Central environment. Below are instructions for setting up the free trial and creating your first report. Install the Extension Go to the Extensions page in your […]

If using Chrome with Dynamics 365 for Finance and Operations, you may run into an issue preventing you from editing or creating new financial reports using the Report Designer tool (Management Reporter). When launching the Report Designer tool from within Dynamics 365 using a Chrome browser, I was blocked by an error that says “Application […]

Sharing data between companies is usually a huge conversation during an implementation. What data should we share? What data can we share? How do we share it? Those are some of the typical questions. I want to use this article to discuss a couple of the options to replicate or share data cross companies in […]

With the year at completion, it is time to think about processing a year-end close in AX. Dynamics AX has a different year-end close than most systems, as you are able to run it as many times as you need. In other systems when processing a year-end close, once you do it, there is no […]

The steps required to close a fiscal year in Dynamics NAV are relatively simple.  First, accounting periods need to be closed via the “Close Year” function on the “Accounting Periods” page.  Secondly, a journal needs to be created via the “Close Income Statement” process. The closing general journal that is created should be reviewed, then posted. If […]

I was recently training some controllers on month-end reconciliations in Dynamics AX – how to reconcile the sub-ledger to general ledger. We had a small discrepancy in Accounts Payable and I wanted to show them how to track it down. I’ve always taken a three-step approach to reconciliations: Review the relevant Ledger reconciliation report. Analyze […]

There is a Cherokee proverb, “Do not allow yesterday to use up too much of today.” Applied to our data, this would implore us to find tools that allow us to analyze historical data quickly so we can spend the bulk of our time and resources making smart decisions about our business going forward. One […]

From the payment journal in Dynamics NAV, voiding an AP check is as simple as using the “Void Check” or “Void All Checks” page actions. These void options can be used when we’ve printed to the wrong printer or to non-AP check stock by accident. However, once the payment journal has posted and the bank […]

I remember when Dynamics AX 2012 first came out and I was so excited to see the new Chart of Accounts Structure window. It was beautiful, intuitive and gave more flexibility and visibility than previous versions offered. I was in sweet, sweet accounting software love. Come on.  Just TRY to not love that window.  I […]

*This post was written for Dynamics 365 Business Central but the content also applies to Dynamics NAV. You may notice some slight differences in the screenshots, but the information and steps are directly applicable to the NAV solution. Integrating data sources into your financial system is a great way to automate the flow of information […]