Microsoft Dynamics 365 Business Central
Finance Capabilities
Microsoft Dynamics 365 Business Central includes a standard, out-of-the-box configuration for most financial processes, but with the flexibility to change the configuration to suit your business.

Finance with Business Central
Make informed decisions.
Connect data across accounting, sales, purchasing, inventory, and customer interactions to get an end-to-end view of your business. Chart financial performance in real time with built-in Power BI dashboards.
Accelerate financial close and reporting.
Streamline accounts receivables and accounts payable. Automatically reconcile accounts to close and report on financials quickly and accurately, while maintaining compliance.
Improve forecast accuracy.
Refine financial forecasts by modelling and analysing data across multiple dimensions. Customise reports using seamless Microsoft Excel integration.

Finance: Core Features
- Apply incoming payments, reconcile bank accounts during payment application, and collect outstanding balances.
- Make payments, apply outgoing payments, and work with checks.
- Make your customers submit payment before you ship to them, or submit payment to your vendors before they ship to you.
- Reconcile bank accounts and transfer funds between bank accounts.
- Set up intercompany partners and process transactions, manually or automatically, between legal entities within the same company.
- Analyse the costs of running your business by allocating actual and budgeted costs of operations, departments, products, and projects to cost centres.
- Manage inventory and manufacturing costs, report costs, and reconcile costs with the general ledger.
- Combine general ledger entries from multiple companies in one virtual consolidated company for financial analysis.
- Add dimensions for richer business intelligence.
- Create G/L budgets to forecast different financial activities and assign dimensions for business intelligence purposes.
- Record income or expenses directly in the general ledger without posting dedicated business documents.
- Post reversing entries to undo value postings in the general journal or quantity postings on purchase and sales documents.
- Allocate an entry in a general journal to several different accounts when you post the journal.
- Assign extra costs, such as freight and physical handling that you incur during trade, to the involved items so that the cost is reflected in inventory valuation.
- Post employees’ personal expenses for business-related activities and reimburse employees by making payment to their bank account
- Recognise revenues and expenses in other periods than when the transactions were posted.
- Use additional currencies and update currency exchange rates automatically.
- Import salary transactions from your payroll provider into the general ledger.
- Use functions to calculate value-added tax (VAT) on sales and purchase transactions so that you can report the amounts to the tax authorities.
- Prepare a report that lists VAT from sales, and submit the report to tax authorities in the EU.
- Convert service contracts to change their VAT rate.
- Monitor the flow of cash in and out of your business.
- Follow and end-to-end procedure on using use account schedules to make cash flow forecasts.
- Work with financial statements and overviews in Excel.
- Use the Accountant Role Centre, invite an external accountant, and use the Accountant Hub to manage accounts for multiple clients.
Who do we work with?






Microsoft Dynamics 365 Customer Successes
The expertise and product knowledge provided to us by Sysco Software was key to the successful integration of Business Central SaaS with our other Microsoft applications and with our proprietary systems and bespoke development.
SpokespersonICDL Europe
Microsoft Dynamics 365 Business Central has enabled us to develop a future proof finance package that can be customised to meet our ever changing internal and external needs. This along with Sysco Software’s attention to detail and wealth of experience in the field has enabled us to deliver exactly what we set out to do.
Joseph Moffett, Group Financial ControllerWoodside Logistics Group
At STATSports we focus on efficiencies and performance as part of the market we are in but more important to us is to ensure we harness technology to provide the best service to our customers, and we see Microsoft Dynamics and Sysco Software Solutions as helping us do that.
Paul McKernan, CIOSTATSports
The project structure provided by Sysco Software was key in the success of the project. Everyone knew what their role was going to be which made it very easy to deliver. Sysco Software worked very well with us within that governance structure.
Richard Connell, Head of ProjectsSISK Healthcare