Consolidation in Business Central
The consolidated trial balance provide a unified representation of the balance sheet, financial position, and income statement of a group of companies considered as a single economic entity. They are…
The consolidated trial balance provide a unified representation of the balance sheet, financial position, and income statement of a group of companies considered as a single economic entity. They are…
Business Central natively supports the main treasury management functionalities, including bank management, cash flow analysis, and home banking integration for payments, receivables, and bank statements import. In business scenarios where…
A 3PL (Third Party Logistics) is an external company that manages key logistics and supply chain processes on behalf of another organization. Companies rely on a 3PL when they do…
Group VAT settlement allows companies that are linked through control relationships and meet certain regulatory requirements to perform a single, consolidated VAT settlement for the entire group. This is done…
The invoice approval process within the ERP system ensures operational and financial control for the company. Supplier invoices cannot be released for payment until they have been reviewed and approved…
If it is necessary for Business Central to generate or read files hosted in an On-Premise infrastructure, it is important to note that direct access to local resources is not…
Proper management of customer credit helps reduce risks and improve the company’s cash flow. Business Central allows you to specify a credit limit for each customer directly on their customer…
Data exchange via FTP (or SFTP/FTPs) continues to be widely used, especially in interfaces with legacy systems or 3PL. Business Central does not natively provide solutions to manage connectivity via…