During a recent Microsoft Dynamics 365 Business Central bank reconciliation, the Test Report displayed this warning: “Statement Ending Balance is not equal to Total Balance.“ At first glance, the warning seems straightforward. The problem is that the report does not give you everything you need to understand it. The Test Report displays the Statement Ending…
Category: Banking
The Righter Way™ to cash application — control discounts, control outcomes
In Business Central, policy drives posting. This guide ensures discounts post only when intended, with clear steps to prevent, detect, and correct concessions. When a customer pays in full on or before the discount date, Business Central quietly tries to “help” by posting a discount concession. Helpful…until it isn’t. This guide shows the practical, least-click…
Stop Bank Reconciliation Errors and Mistakes Before You Start
In this post, I will share how to prevent one of the most common Bank Reconciliation problems I have had to address. I am regularly called in to assist customers by rescuing them from reconciliation issues in their Microsoft Dynamics 365 Business Central company and this is what I have found. In some cases, I…
