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: Financial Reporting
Using Allowance and Write Offs Effectively in Microsoft Dynamics 365 Business Central
A Practical Next Step Beyond “Don’t Use Credit Memos” In a recent post, Don’t use Credit Memos for Bad Debt Allowances in BC, I focused on a common issue I see in Microsoft Dynamics 365 Business Central environments — using credit memos to handle bad debt. The core takeaway was simple: This post builds on…
Clean Fixed Asset Forecasting in Business Central
A Practical Model for Future and Current Assets Without Polluting the General Ledger When organizations plan capital expenditures, they want accurate forward-looking depreciation in their budgets. But they do not want forecast entries contaminating financial statements. Inside Microsoft Dynamics 365 Business Central, that tension is real. The system was built to calculate depreciation from posted…
