I am literally thinking, how does dynamic 365 Finance help in Banking related things? Except financial statements and financial transactions, does it help anywhere also? This is the best tool but i was thinking whether this can used anywhere beyond finance related things as well. As in today's world banking has changed a lot as online banking is revolutionizing the world quickly.
Hi BankerWill,
Can you tell the background of your question?
Hello BankerWill,
Can you elaborate and specify what you are looking for?
Many thanks,
Ludwig
Hello,
D365 finance offers basic and advanced features to handle organization banking transactions. Apart from regular transactions like vendor payments, customer payments, inter-bank transfers, we can do advanced bank reconciliation using out of the box formats like BAI2(import-validate-reconcile) off course we need to do some setups in the system for this.
We can also configure and use Letters of guarantee and Letters of credit functionalities.
We can integrate with banks for other banking activities through customization.
Thanks,
Prem
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