Purchase Accruals for G/L accounts
The Customer has a requirement for purchases to be accrued and posted to the general ledger once a purchase line is received and not invoiced. The accrual is then reversed when the line is invoiced. They do not use items/inventory as all purchases are expensed to a General Ledger account. In th...
MICR Checks
I have clients who want to use Business Central, but have multiple checking accounts and already use some sort of MICR printing for their checks. This is a huge deal breaker for any clients with multiple entities they print checks from.
Group VAT Filing in HMRC
• HMRC well known in UK as Her Majesty's Revenue and Customs is changing the way we submit VAT Returns. • From April 1,2019 most VAT registered business with taxable turnover above GBP 85000 must maintain there VAT records digitally and start using Making Tax Digital ( MTD) compliant software to ...
Compress Prepayment to Sales&Receivable and Purchase&Payable Setup
Currently Compress Prepayment option can be set on the document level in Sales Order and Purchase Order. However, for companies that use sales prepayments it is important to have the items listed also on sales prepayment invoice. So that the ultimate customer would understand what the prepayment ...
Best regards,
Business Central Team
BC Bank Account Reconciliations - Outstanding Transactions
On Business Central, we generate a test report once we have reconciled a particular bank account for the month for our own records and for audit purposes. Currently, the outstanding bank transactions figure on the right hand side of the test report reflects the figure as at the date that you ge...
Thank you for your feedback. We are considering adding it to our longer term roadmap.
Your help is greatly appreciated,
Theresa Nistler
PM, Microsoft 
Support for consolidated finacial reports
Need to run consolidated financials across 5 companies each with their own local currency.
Currency Code & Amount LCY on GL Entries
Hi guys Please can you add the Currency Code field and break the Amount into, Amount and Amount (LCY) in the General Ledger Entries. These exist in Customer/Vendor Ledger Entries, so wondering if there is a valid reason why these do not exist in GL Entries. Thanks,
Best regards,
Business Central Team
To add Test Mode in the report Adjust Exchange Rates
Previously, in the old version of nav (2009), it was possible to run a report in test mode. This possibility allow accountants to preview the amounts that the system plans to post into General Ledger. In new versions, this feature was removed and accountants are sad. It would be great to return ...
Best regards,
Business Central Team
All localization: Financial management - Option for modify or translate G/L account category values
Hi to all, Currently in Business Central, G/L account category are not editable, it refers to fixed values in the code of the software. It should be interesting to be able to modify or to translate G/L account category in order to build relevant financial statements according to G/L account c...
Vendor/Customer Bank Account Approval Workflow
Add an "OnModify" trigger on Vendor Bank Account and Customer Bank Account to the Workflow Approval framework so that insert/modify of these records can be controlled through the Workflow Approvals workflow functionality.
Administrator
Best regards,
Business Central Team