Business Central - Capability Overview

As announced this week , Dynamics 365 Business Central will become available on April 2nd in fourteen countries. Dynamics 365 Business Central brings the full power of Dynamics NAV to the cloud, including existing functionality of Dynamics 365 for Finance and Operations, Business edition as well as new, advanced functionality from Dynamics NAV. Here’s a short overview of what functionality you can expect, but for more information, see the full product documentation.

New user interface

Along with the new capabilities, the application will include an all new user experience that is easy to get started with.  With a familiar Microsoft Office 365 user interface, personalized feeds, and smart notifications, Business Central enables users to work smarter and be more productive than ever before.

The following features are covered in the Essential licensing:

Financial management 

Basic General Ledger

Set up a company and start posting to the general ledger, chart of accounts, general journals, VAT facilities, recurring journals, and source codes.

Budgets

Work with budgets in general ledger accounts.

Deferrals

Set up deferral templates that automate the process of deferring revenues and expenses over a pre-defined schedule.

Basic fixed assets

Keep track of fixed assets and related transactions such as acquisitions, depreciations, write-downs, appreciations, and disposals.

Basic receivables

Post sales transactions in journals and manage receivables; register customers and manage receivables using general journals.

Audit trails

The system automatically assigns audit trails and posting descriptions to every transaction. In addition, users can define reason codes to create complementary audit trails.

Bank account management

Create, operate, and manage multiple bank accounts for catering to your diverse business needs and across different currencies

Reconciliation

Reconcile your bank statement data automatically to open bank account ledger entries end keep track of all your bank statements.

Dimensions

Add unlimited dimensions to any ledger for advanced transaction analyses.

Currencies

Manage multiple currencies throughout the system, including payables and receivables, general ledger reports, resource and inventory items, and bank accounts.

Customer relationship management 

Contacts

Maintain an overview of your contacts and record your contact information for all business relationships.

Campaigns

Organize campaigns based on segments of your contacts that you define.

Opportunity management

Keep track of sales opportunities, section your sales processes into different stages, and use this information to manage your sales opportunities.

Dynamics 365 for Sales integration

Integrate with Dynamics 365 for Sales in a few easy steps to synchronize your data, including sales orders, item availability, units of measure, and currencies.

Supply chain management

Sales order management

Manage sales orders, blanket sales orders, and sales order processes.

Purchase order management

Manage purchases, blanket orders, and purchase order processes.

Locations

Manage inventory in multiple locations that may represent a production plant, distribution center, warehouse, showroom, retail outlet, or service car.

Item transfers

Track inventory as it’s moved from one location to another and account for the value of inventory in transit at various locations.

Warehouse management (Basic and Advanced)

Warehouse functionality in Business Central can be implemented in different complexity levels, depending on a company’s processes and order volume. The main difference is that activities are performed order-by-order in basic warehousing when they are consolidated for multiple orders in advanced warehousing.

Assembly Management 

To support companies that supply products to their customers by combining components in simple processes without the need of manufacturing functionality, Business Central includes features to assemble items that integrate with existing features, such as sales, planning, reservations, and warehousing.

Human resources

Employees

Group and track employee information and organize employee data according to different types of information, such as experience, skills, education, training, and union membership.

Expense management

Post expenses against employee cards to track and reimburse their expenses.

Project management

Resources

Register and sell resources, combine related resources into one resource group, or track individual resources.

Estimates

Monitor resource usage and get a complete overview of your capacity for each resource with information about availability and planned costs on orders and quotes.

Jobs

Keep track of usage on jobs and data for invoicing the customer. Manage both fixed-price jobs and time-and-materials jobs.

Time sheets

Time sheets are a simple and flexible solution for time registration with manager approval and integrate with Service, Jobs, and Basic Resources.

Other

Multiple languages

Switch languages on the client in real time, provided that the desired language is available.

Reason codes

Define a set of reason codes that can be assigned to individual transactions throughout the system, providing user-defined audit trails.

Extended text

Set up an unlimited number of lines to describe inventory items, resources, and general ledger accounts.

Intrastat reporting

Automatically retrieve the necessary data to report Intrastat information to statistics authorities. Local customs authorities can inform you whether your company is obligated to file such a report.

Outlook integration

Synchronize your to-do items and your contacts with your meetings, tasks, and contacts in Outlook.

All the following features are added to the features listed above in the Premium licensing:

Service order management 

Service orders

Register your after-sales issues including service requests, services due, service orders, and repair requests.

Service price management

Set up, maintain, and monitor your service prices.

Service item management

Record and keep track of all your service items, including contract information, component management, and BOM reference and warranty information.

Service contract management

Record details on service levels, response times, and discount levels, as well as on the service history of each contract, including used service items and parts and labor hours.

Planning

Assign personnel to work orders and log details such as work order handling and work order status.

Dispatching

Manage service personnel and field technician information, and filter according to availability, skills, and stock items.

Manufacturing

Production orders

Create and manage production orders and post consumption and output to the production orders.

Version management

Create and manage different version of the manufacturing bill of materials and routings.

Agile manufacturing

Plan rush hours, make exceptions, and handle last-minute changes to your processes with multiple planning options.

Supply planning

Plan for material requirements based on demand, with support for master production scheduling and materials requirements planning.

Demand forecasting

Plan and create production and purchase orders, taking into consideration the demand forecast together with the level of available inventory and parameters of requirement planning.

Capacity planning

Add capacities to the manufacturing process. Set up routings and use these routings on production orders and in material requirements planning.

Machine centers

Manage capacity on several levels; on a more detailed level for machine centers and on a consolidated level for work centers.

Finite loading

Take capacity constraints into account so that no more work is assigned to a work center than the capacities can be expected to execute during a given time period.

Subcontracting 

Allows companies to send raw materials, unfinished goods, or partially finished goods for further processing elsewhere. 

Dynamics 365 Spring ‘18 release notes?

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Discover the latest updates to our business applications, as well as a host of new capabilities for building your own applications and extensions on top of our platform. Download the Dynamics 365 Spring ’18 release notes.