General Ledger
Manage different accounts, track transactions, maintain financial records, and build financial reports.
Microsoft Dynamics 365 Finance is a powerful cloud-based ERP solution to manage, maintain, and resolve complex financial issues of an organization. Microsoft has designed this tool so perfectly that it helps businesses grow while eliminating financial redundancies from the system.
Dynamics 365 Finance offers you:
While Dynamics 365 for Finance isn't new, it's now standalone, offering focused finance management after separating from the broader Dynamics 365 Finance and Operations (earlier known as Dynamics AX).
Note: Some consultants and businesses still consider Dynamics 365 Finance and Operations as a single implementation.
Cloud-based deployment allows D365 Finance to centralize and store the data with full security so that you can find the required information anytime and anywhere.
This unified data enables you to process information, like invoices, receipts, and confidential data, from one department to another without manually tracing the path.
Simplify different financial processes and close deals faster with smart financial intelligence, customer history, and real-time data analytics.
The AI-enabled smart data insight gives you a 360° view of the entire business and lets you make informed decisions to enhance productivity.
With proactive financial guidelines, you would be able to create active financial reports for multiple entities in multiple currencies without any errors.
Microsoft Dynamics 365 for Finance is so powerful that it can manage the exchange of multiple currencies while building various reports based on global transactions.
Leverage the power of automation to automate recurring and manual financial processes while lowering the different expenses involved in managing such processes.
D365 for Finance can help you perform financial planning, budgeting, expense forecasting, and analyzing various financial transactions from a single screen.
Also, you can build automated workflows for different financial processes, like process approvals, sales orders, purchase orders, and more, to speed up different processes without any delays.
Due to cloud deployment, you can directly eliminate the expenses related to scaling business, increasing hardware, maintaining the existing system, and upfront investment costs.
Dynamics 365 Finance is a multi-currency solution that empowers you to do business across global boundaries.
It complies with different tax norms and regulations of the international market so that you can scale the business and maximize your revenue.
From VAT to a specific tax norm, you can automate the submission while generating a report to ensure compliance with specific tax rules.
Microsoft Dynamics 365 Finance resolves the financial queries of the organization and gives a boost to simplify different operations of the business with different modules. Some of its modules are:
Manage different accounts, track transactions, maintain financial records, and build financial reports.
Create tax invoices, maintain a balance sheet, track customer invoices, and manage incoming payments.
Manage vendor invoices, automate the invoice approval journal, and build payment workflows.
Maintain a balance between the open customer balance and the open vendor balance to track all cash.
Maintain bank accounts, forecast cash flow, reconcile bank statements, and generate reports.
Manage customer credit, control sales flow, get a centralized view of accounts, and perform the collection generation process.
Get the budgets of different departments, perform budget planning, control budgets, and follow the organization’s policies.
Track expenses, forecast income, maintain cash flow, and manage revenue based on historical data.
Build different strategies, analyze market trends, maintain financial scenarios, and find areas for improvement.
Store payment information, track all credit transactions, and automate reimbursement of expenses.
Manage multi-order elements, follow industry-specific guidelines, and perform the revenue recognition process.
Analyze the sensitivity of the performed forecasts, cross-check different assumptions, and find potential risks.
Track all processes, analyze involved costs, maintain a cost accounting ledger, and streamline cost behavior.
Manage stock levels, track movements, automate the product location process, and optimize purchasing.
Manage different projects altogether, build strategies, track progress, and control costs.
Distribute costs for projects, identify areas for improvement, and follow the cost allocation methodology.
Forecast future demands, perform production planning, optimize purchasing, and manage inventory levels.
Track the time and expenses of employees, manage each project cost, and perform accurate cost allocation.
Maintain a balance sheet, build cash flow statements, and generate comprehensive financial reports.
Analyze financial data, filter out useful information, build interactive reports, and gain useful insights.
Generate meaningful reports, comply with tax authorities, and follow international tax regulations.
Connect different entities, including subsidiaries, get a holistic view of the entire business, and build centralized financial reports.
Fetch important information out of data, visualize data using interactive elements, and make informed decisions.
Maintain the entire audit log, record all activities, track the source of records, and trace the entire financial data.
Track the progress of each project from start to finish, strategize resource distribution, and manage budgeting.
Streamline supply chain operations, track goods from production to distribution, and automate core processes.
Simplify different production processes, schedule manufacturing, and maintain optimum quality.
Manage employees, perform payroll processes, and simplify all human resource processes.
Manage your entire commerce business, track inventory levels, link all POS systems, and fulfill stocks on time.
Optimize core warehouse processes, control inventory levels, and simplify the shipping of goods.
Manage different accounts, track transactions, maintain financial records, and build financial reports.
Create tax invoices, maintain a balance sheet, track customer invoices, and manage incoming payments.
Manage vendor invoices, automate the invoice approval journal, and build payment workflows.
Maintain resources and track the assets of the organization, including machines, land, and inventory.
Maintain bank accounts, forecast cash flow, reconcile bank statements, and generate reports.
Manage customer credit, control sales flow, get a centralized view of accounts, and perform the collection generation process.
Get the budgets of different departments, perform budget planning, control budgets, and follow the organization’s policies.
Track expenses, forecast income, maintain cash flow, and manage revenue based on historical data.
Build different strategies, analyze market trends, maintain financial scenarios, and find areas for improvement.
Store payment information, track all credit transactions, and automate reimbursement of expenses.
Manage multi-order elements, follow industry-specific guidelines, and perform the revenue recognition process.
Analyze the sensitivity of the performed forecasts, cross-check different assumptions, and find potential risks.
Track all processes, analyze involved costs, maintain a cost accounting ledger, and streamline cost behavior.
Manage stock levels, track movements, automate the product location process, and optimize purchasing.
Manage different projects altogether, build strategies, track progress, and control costs.
Distribute costs for projects, identify areas for improvement, and follow the cost allocation methodology.
Forecast future demands, perform production planning, optimize purchasing, and manage inventory levels.
Track the time and expenses of employees, manage each project cost, and perform accurate cost allocation.
Maintain a balance sheet, build cash flow statements, and generate comprehensive financial reports.
Analyze financial data, filter out useful information, build interactive reports, and gain useful insights.
Generate meaningful reports, comply with tax authorities, and follow international tax regulations.
Connect different entities, including subsidiaries, get a holistic view of the entire business, and build centralized financial reports.
Fetch important information out of data, visualize data using interactive elements, and make informed decisions.
Analyze customer interactions and make personalized decisions in real-time.
Track the progress of each project from start to finish, strategize resource distribution, and manage budgeting.
Streamline supply chain operations, track goods from production to distribution, and automate core processes.
Simplify different production processes, schedule manufacturing, and maintain optimum quality.
Manage employees, perform payroll processes, and simplify all human resource processes.
Manage your entire commerce business, track inventory levels, link all POS systems, and fulfill stocks on time.
Optimize core warehouse processes, control inventory levels, and simplify the shipping of goods.
Microsoft Dynamics 365 Finance offers various benefits that help a business grow by resolving complex financial problems.
Leverage the advanced capabilities of AI and Copilot to enhance decision-making capabilities. Monitor cash flow, forecast trends, improve profit margins, perform proper budgeting, and analyze existing data to close accounts faster.
Move your business towards digitalization while automating core financial processes. It can help you save time, cut labor costs, build an invoice workflow, create rules based on automation, and centralize data across Microsoft business applications.
Know the fluctuating market demands to understand customer behavior. Based on user insights, focus on products or services with a better margin ratio to maximize profits while reducing insignificant processes.
Adapt to the changing global compliances and local tax regulations to build an international business. Accept multi-currency payments from global customers as Dynamics 365 for Finance supports 51 countries and 67 languages.
Implementing Dynamics 365 Finance in a business totally depends on the requirements. However, some of the core factors are given below that can help you understand whether Microsoft Dynamics 365 for Finance is built for you or not.
Organization Size: If your business has 250+ users and has complex financial operations, you can go with Dynamics 365 Finance. It is scalable for thousands of users and can process thousands of financial transactions with ease.
Core Capabilities: If you require advanced financial capabilities to streamline the financial operations of your business, you can go for it. This isn’t a complete ERP solution like Dynamics 365 Business Central, as it is specifically built to manage financial operations.
Comes with Advanced Features: Dynamics 365 Finance comes with modern functionality for reporting, data analysis, tax compliance, and adapting to changing business requirements.
Best for Global Business: If you are a multinational business with various working locations around the globe and have to deal in different currencies, Microsoft Dynamics 365 Finance is perfect for you.
Our top priority is to offer the optimum level of customer satisfaction with our reliable D365 Finance services.
After the split-up of Dynamics 365 Finance and Operations, Microsoft priced Dynamics 365 Finance and Dynamics 365 Supply Chain at the same level. Microsoft has simplified the licensing of Dynamics 365 Finance with 4 different plans.
Partner with Dynamics Square to get access to a team of certified technical consultants who will guide us on the path of successful Dynamics 365 implementation. Also, we will empower you to build a global market presence and optimize your financial processes for maximum business growth.
We have a proven track record of implementing the Dynamics 365 solution in more than 350 global businesses. Our extensive Dynamics 365 Finance implementation methodology has helped us reach diverse industries.
Once you contact us, we will understand your business requirements, goals, and challenges to offer you a personalized solution that perfectly aligns with your unique business.
Dynamics Square is available for you before and after the implementation so that your business runs smoothly even in hard times. We will offer support, maintenance, and optimization services to help you gain a competitive advantage.
We are well versed in the infrastructure needed to offer reliable services, whether remote or on-site. Our 24x7 global support is always available by your side, following global compliances.