Category: Accounts Payable
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Accounts payable in general: Accounts payable is a liability which company owes to vendors for the services or goods provided. Accounts payable operations on the high level involves recording of invoices to making vendor payments timely and accurately. Accounts payable in D365 Finance: Accounts payable in D365 finance provides all the capabilities from recording invoices…
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Microsoft has been releasing some good features for D365 F&O application in the recent past. Copy customers and vendors is one such feature which is mostly unsung in communities and other Dynamics blog posts If you maintain the same customer/vendor masters in multiple legal entities and must perform tedious tasks to copy customers/vendors details between…
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Microsoft in the recent months has released some very useful finance features for D365 finance application which has been blogged by some of the Microsoft Dynamics enthusiasts around the world. Microsoft themselves has released docs to cover the feature’s briefly. In this blog, I am summarizing some of the key features released by Microsoft recently…
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The accounts payable process begins when the invoice is received by the AP department. Invoices can arrive through many different methods, including electronically through email, fax, snail mail, inter-office deliveries, or maybe a colleague dropping paperwork in an inbox or on AP clerk desk. When AP processes are not centralized, handling and processing each new…
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Accounts receivable (AR) and Accounts payable (AP) reconciliation is apparently a vital step in the month\year end closing process. Auditors may trace transactions from a sub ledge to the general ledger and from there to the financial statements, to ensure that transactions are being recorded properly in the accounting system. This blog provides the tips…
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The October release (Update 8.1) of Microsoft Dynamics 365 for Finance and Operations made significant improvements with lot of new features and functionalities added in Financial management modules. ‘Dual currency’ concept is one of them to track all sub-ledger transactions in reporting currency, this has given the real purpose to the reporting currency by not…
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Most companies want to automate their vendor disbursement process through electronic payments, Automated clearing house(ACH) helps the organization to be safer, cost effective and more convenient than traditional paper checks. This blog will focus on ACH setup to process accounts payable electronic payments by using the out of the box NACHA(US) format in Dynamics 365…
Namith Hosmane's Blog 