It’s official: Boyer & Associates’ first implementation of Microsoft Dynamics 365 for Financials is now live! We sat down with consultant Jason Baldwin to hear what it was like in the midst of our first implementation of Microsoft’s newest Software as a Service ERP product. What was unique about this ERP implementation? A typical ERP implementation can take from 3 months to a full year to complete. By contrast, our first Dynamics 365 implementation was done in a short 45 days.“The quick turnaround for 365 was really huge,” Baldwin said.The time savings was due in large part to the standard tool set available in Dynamics 365 for Financials. Whereas Microsoft’s on-premise solutions typically have multiple ways to configure each … [Read more...] about In the trenches with Dynamics 365 for Financials
Configure New Company in Dynamics 365 (Part 2)
Standard Assisted Setup Review — Additional Configurations Yesterday I showed you several standard configurations that are set up automatically when using the standard assisted setup tools to create a New Company in Dynamics 365 for Financials. Today's blog covers even more configurations that are set up automatically. Posting Groups Posting Groups are used by Dynamics 365 for Financials to help determine which G/L Accounts should be used for General Ledger Accounting when various transactions are Posted.As a simple example, consider recording a sale to a Customer. When you record a sale to a Customer, in many cases Dynamics 365 needs to know which G/L Account to use to record a receivable. The system determines this by looking at the … [Read more...] about Configure New Company in Dynamics 365 (Part 2)
Configure New Company in Dynamics 365
Standard Assisted Setup Review of Configurations In my last blog, Assisted Company Setup in Dynamics 365, I reviewed the prompts involved in creating a new Dynamics 365 for Financials Company using the standard assisted setup tools. This blog will outline some of the many configurations that are set up automatically. Chart of Accounts Dynamics 365 for Financials creates a standardized Chart of Accounts when using the standard assisted setups. This can save tons of time in getting Dynamics 365 for Financials up and running. Keep in mind that you can add and remove G/L Accounts as needed. Setup Pages Standard Companies in Dynamics 365 for Financials are created with numerous preconfigured setups. Again, this gets you up and running … [Read more...] about Configure New Company in Dynamics 365
