General Ledger
Manage, track, and record all financial transactions, and prepare detailed financial reports.
Microsoft Dynamics 365 for Finance and Operations, or D365 F&O, is a powerful cloud-based ERP solution designed to manage complex and diversified processes related to financial and supply chain operations.
Medium to large-sized businesses use Dynamics 365 F&O for its AI, BI, and automation capabilities. It lets businesses manage global operations while pushing growth towards scalability.
D365 Finance and Operations was rebranded by Microsoft in October 2019 as two separate ERP applications—Dynamics 365 Finance and Dynamics 365 Supply Chain Management. However, legacy users still call it Dynamics 365 Finance and Operations (F&O).
Microsoft Dynamics 365 Finance and Operations manages key financial processes, supply chain operations, human resources, product information, vendor collaboration, transportation, and more.
D365 F&O enables you to make:
Note: Dynamics 365 F&O was earlier known as Dynamics AX (Axapta) and specifically designed as an on-premises ERP solution. With the modernization of business solutions, Microsoft upgraded Dynamics AX to Dynamics F&O to cater to more advanced tools and capabilities for modern businesses.
Track, manage, and control all financial operations, regardless of business complexity. Along with streamlining finance, you can focus on managing accounts, payrolls, general ledger, budgeting, treasury, expenses, human resources, and a lot more while gathering all the information in real-time.
D365 Finance and Operations comes with an interactive user experience to help you utilize all tools and capabilities without any hassle.
Inventory management is an essential part of the entire business, and you can do it seamlessly with Dynamics 365 for Finance and Operations ERP solution. It empowers you to make strategies for replenishment orders, optimize surplus inventory, track orders, and perform inventory forecasting.
The inventory module of Dynamics 365 F&O will enable you to:
D365 Finance and Operations is a flexible solution when it comes to integrating native Microsoft solutions. By integrating different add-ons and solutions, you will be able to enhance the performance of the entire solution. And the best part about the Microsoft Dynamics 365 ecosystem is that you can integrate any solution with just a click.
Even when the job of the add-on is done, you can disintegrate it without losing any data. That’s how the connection between native Microsoft solutions works, and you can establish the connection by yourself without relying on your Dynamics 365 support partner.
Based on your requirements, Microsoft Power Platform, Office, Azure Data Lake, and third-party apps with Dynamics 365 Finance and Operations.
The Globalization Studio in Dynamics 365 Finance and Operations supports 51 countries and 57 languages so that you can expand your business beyond global boundaries. Microsoft knows the fact that a country's compliances and regulations change with time; that's why it continuously releases updates to support your ongoing business.
Dynamics 365 for Finance & Operations offers features such as:
Dynamics 365 F&O comes with a variety of tools and functionalities to streamline different departments of a business. Some of the capabilities are:
Manage, track, and record all financial transactions, and prepare detailed financial reports.
Optimize and manage budgets while calculating credit and/or debit funds in real-time.
Build financial reports to keep track of accounts, cash flow, revenue, and other essential factors as well.
Maintain a balance between the open customer balance and the open vendor balance to track all cash.
Calculate taxes for different regions in separate reports to simplify tax calculation and submission.
Maintain credit limits and perform basic collection activities for your customers.
Calculate and distribute revenue for multi-element products or services with ease.
Manage and track all expenses for a business while generating precise reports for revenue analysis.
Build a strategy based on raw materials and production goals to plan the plant's overall capacity.
Use finite and infinite scheduling to schedule the production of different goods.
Forecast demands to furnish upcoming requirements based on existing customer data.
Plan the demand for materials based on fluctuating requirements.
Streamline the production lifecycle, prompt order fulfillment, and optimize raw materials.
Manage the basic operations of the floor while tracking the work ethics of the employees.
Manage, track, and calculate all resources to simplify the manufacturing process.
Manage direct and indirect procurement and build a distribution strategy.
Establish a smooth vendor collaboration to match customer demands with vendor needs.
Leverage the most advanced demand-planning solution to build an agile and sustainable supply chain that is fueled by intelligence and collaboration.
Track goods based on different parameters to simplify stock management processes.
Manage different warehouses with a centralized approach to unify the business operations.
Smoothen the process of sourcing and finding the right materials for the highest quality.
Track and streamline all transportation communication with precise tracking of data.
Track the consumption of resources in real-time and optimize them for better ROI.
Collaborate with vendors, manage contracts, and negotiate with vendors for the right price.
Optimize core warehousing activities to ensure higher profitability and efficiency.
Allocate the right issues to the right agent based on complexity and executive experience.
Track the progress of the open ticket until it gets resolved while allotting the right resources at the right time.
Track all customer service activities, along with keeping records of all actions.
Transfer the case to the right executive based on the emotional feedback of the customer.
Ship and deliver products on time using embedded IoT and better visibility across the chain.
Analyze customer interactions and make personalized decisions in real-time.
Streamline business operations with a unified data source and gain comprehensive insights.
Track and build personalized interactions with customers to build a strong relationship.
Specify the service work required at the location of the customer.
Establish communication between service agents, technicians, dispatchers, and customers.
Track the equipment, resources, and service history of each customer.
Track the health of all equipment and schedule maintenance for them when required.
Generate invoices for products and services based on the customer’s usage.
Track the amount of time spent on each project to calculate the efficiency and ROI of the executive.
Collect data and generate reports based on different customer activities.
Maintain stock levels while keeping an eye on purchase order requests and fulfillment.
Manage, track, and record all financial transactions, and prepare detailed financial reports.
Optimize and manage budgets while calculating credit and/or debit funds in real-time.
Build financial reports to keep track of accounts, cash flow, revenue, and other essential factors as well.
Maintain a balance between the open customer balance and the open vendor balance to track all cash.
Calculate taxes for different regions in separate reports to simplify tax calculation and submission.
Maintain credit limits and perform basic collection activities for your customers.
Calculate and distribute revenue for multi-element products or services with ease.
Manage and track all expenses for a business while generating precise reports for revenue analysis.
Build a strategy based on raw materials and production goals to plan the plant's overall capacity.
Use finite and infinite scheduling to schedule the production of different goods.
Forecast demands to furnish upcoming requirements based on existing customer data.
Plan the demand for materials based on fluctuating requirements.
Streamline the production lifecycle, prompt order fulfillment, and optimize raw materials.
Manage the basic operations of the floor while tracking the work ethics of the employees.
Manage, track, and calculate all resources to smooth the manufacturing process.
Manage direct and indirect procurement and build a distribution strategy.
Leverage the most advanced demand-planning solution to build an agile and sustainable supply chain that is fueled by intelligence and collaboration.
Track goods based on different parameters to simplify stock management processes.
Manage different warehouses with a centralized approach to unify the business operations.
Manage and smooth the process of sourcing and finding the right materials for the highest quality.
Track and streamline all transportation communication with precise tracking of data.
Track the consumption of resources in real-time and optimize them for better ROI.
Collaborate with vendors, manage contracts, and negotiate with vendors for the right price.
Optimize core warehousing activities to ensure higher profitability and efficiency.
Allocate the right issues to the right agent based on complexity and executive experience.
Track the progress of the open ticket until it gets resolved while allotting the right resources at the right time.
Track all customer service activities, along with keeping records of all actions.
Transfer the case to the right executive based on the emotional feedback of the customer.
Ship and deliver products on time using embedded IoT and better visibility across the chain.
Analyze customer interactions and make personalized decisions in real-time.
Streamline business operations with a unified data source and gain comprehensive insights.
Track and build personalized interactions with customers to build a strong relationship.
Specify the service work required at the location of the customer.
Establish communication between service agents, technicians, dispatchers, and customers.
Track the equipment, resources, and service history of each customer.
Track the health of all equipment and schedule maintenance for them when required.
Generate invoices for products and services based on the customer’s usage.
Track the amount of time spent on each project to calculate the efficiency and ROI of the executive.
Collect data and generate reports based on different customer activities.
Maintain stock levels while keeping an eye on purchase order requests and fulfillment.
Microsoft Dynamics 365 Finance and Operations or D365 F&O comes with several benefits that support businesses as they grow and expand to greater heights.
Cloud deployment enables organizations to get access to real-time analytics for a well-informed decision-making process. Such data insights will help you make intelligent decisions with 100% visibility across different processes.
Microsoft offers interactive and consistent user experience across all its business solutions. This empowers users to operate different solutions in an efficient manner from the first point of contact.
With increasing customer demands, you can easily increase the ERP's performance by upgrading its hardware and capabilities within minutes. Also, there would not be any need to invest huge amounts of money to scale your system.
Automation lets you enhance the efficiency and productivity of users by automating most of the manual and recurring processes. Also, sharing data from one department to another can be seamlessly performed by D365 F&O.
Businesses have to implement Dynamics 365 Finance & Operations as a whole irrespective of their specific requirements. It leads to a complex, time-consuming, and costly implementation. Microsoft understood this concern of different businesses and split the whole solution into two powerful ERPs:
All capabilities and tools of D365 F&O have been divided into these two solutions so that businesses can go with the desired set of capabilities they require to grow their business. Also, it has become way more cost-effective and comes with a variety of licensing options.
However, most businesses, decision-makers, and consultants consider this a single solution: Microsoft Dynamics 365 Finance and Operations.
With the release of Dynamics 365 Finance and Dynamics 365 Supply Chain Management, Microsoft has stopped offering any licensing options for D365 Finance and Operations. Now, organizations will have to purchase a separate license for both these solutions.
However, you will be required to purchase at least 20 licenses to use any of the solutions.
Dynamics 365 Finance is available in 4 licensing options:
Dynamics 365 Supply Chain is available in 4 licensing options:
Based on your business requirements, you can opt for any ERP solution individually or in combination to accelerate your business.
Microsoft Dynamics 365 for Finance is a robust ERP solution that can streamline complex financial processes with ease. It comes with a set of advanced tools and capabilities required by a modern business to deal with modern issues.
Microsoft Dynamics 365 for Supply Chain Management is designed to cater to the business requirements of medium and large-sized organizations. It integrates and unifies data from different sources to manage supply chain operations.
Dynamics Square is a certified Microsoft Dynamics Partner offering its reliable, trustworthy, and cost-effective services to global businesses.
We have 150+ consultants, available 24x7, to help you get started and resolve your complex issues in no time.
With sufficient resources and good infrastructure, our team will support your business growth while meeting your business demands.
We have a separate team to offer your remote and on-site support so that you can resume your business regardless of complexity and irregularities.
We understand the uniqueness of your business and offer you a personalized solution that perfectly matches your business requirements.
Click through to our FAQ for the best answers!
With revenue recognition, procurement and sourcing, inventory management, payroll, and general ledger modules, Dynamics 365 Finance and Operations offers a complete package to handle core business operations.
Yes, D365 F&O is scalable and flexible, which fits SMEs searching for strong, enterprise-grade technologies to simplify their operations without a large upfront cost on on-premises setup.
It automates important processes, unifies data, and offers real-time analytics to enable firms to better manage resources and make wiser and quicker decisions.
From initial planning to customization and training, Dynamics Square provides professional implementation services that guarantee the solution fits your company’s needs and objectives.
Absolutely! It connects easily with other Microsoft products including Office 365, Power BI, and Teams. This helps improve teamwork and data management efficiency.
The size of the project determines the implementation period, which usually runs from a few months to half a year, with thorough preparation to guarantee a seamless flow. Rest, the duration is likely to vary from one business to another.
Microsoft’s solutions are flexible in terms of deployment, so you will be able to get solutions deployed both on-premises and in the cloud.
Its built-in support for several currencies, languages, and localization helps companies to run internationally and remain compliant with local laws.