The financial management module occupies a central position in Microsoft Dynamics 365 Business Central. Microsoft Dynamics 365 Business Central includes the functionalities required for businesses. These are easy to use and are available across applications through the integration of business processes and data.
The introduction of a new ERP system in the areas of accounting is associated with the goal of mapping the complete controlling in Microsoft Dynamics 365 Business Central in addition to the efficient control of operational booking processes.
In the operational areas, the focus is primarily on the aspects of accounts receivable management, accounts payable management, bank management, asset management and cash postings. Important components of the process chain are actively controlled directly by the financial accounting staff.
Financial accounting offers full integration of the following standard modules (subledgers): - Vendors and Purchasing - Accounts receivable and sales - Warehouse (Article Movements) - Bank - Fixed assets
In addition, the following functionalities are part of the Financial Accounting module: - Financial budget - Tax Settlement - Cash flow planning - Financial Dimension Evaluation
