Finance managers evaluating Dynamics 365 ask the wrong question about segregation of duties. They ask whether the product supports it. Both products do — but one ships a native rule engine that auditors can test, and the other treats SoD as a design exercise you build into your permission sets. That distinction is a COSO decision, not a technology one.

Work In Process (WIP) in the projects module is a feature that estimates the financial value of transactions for ongoing projects by interacting with project ledger entries for cost and sales. Unlike conventional revenue and expense posting that originates from sales or purchase transactions, WIP operates directly on project ledger entries to derive recognised costs and sales. These elements: WIP calculations, project ledger entries, and general ledger postings, form the buil

ERP systems like Business Central are associated with manufacturing and retail, but they work just as well for professional services and education businesses. At D365 Training, we use Business Central to manage our training business through projects. Resources are how we track trainers' and consultants' time and costs against specific projects and how we invoice for them.

Default dimensions are a control system to ensure financial transactions can be accurately reported in management reports and financial analysis. Rules and setups that control default dimensions in Business Central enforce the reporting and analysis strategy and are more than just master data setup.

Inventory reconciliation in Business Central is an accounting control, not just a system task. This guide covers the process, the reports, and what finance teams need to get right at month-end.

FIFO, Average, Standard, Specific, and LIFO. How each costing method works in Business Central, when to use it, and what goes wrong if you choose the wrong one.

Conditional sales tax in Dynamics 365 Finance and Operations allows organisations to defer tax liability based on specific criteria from invoice to payment. Unlike standard sales tax, which applies immediately upon invoice generation, conditional sales tax defers the tax obligation until we receive the customer payment. In this blog post, we will learn what conditional sales tax is and how to configure it in Microsoft Dynamics 365 Finance and Operations.