Blog: ERP

Business Central FAQs

September 17, 2021 - by Synoptek

In today’s digital transformation era, having a contemporary and robust ERP in place has become a core business need. Microsoft Dynamics Business Central is a modern, intelligent, and unified ERP solution that can help connect and expand the business while allowing you to make better decisions. This connected and contemporary business management solution enables organizations to migrate to the cloud confidently, and with unrivaled speed and performance. 

Top FAQs

Although Microsoft’s latest ERP solution, Dynamics Business Central, encourages teams to work smarter, allowing them to attain their team and organizational goals with significantly greater ease, some questions arise. Here are answers to few  of the most frequently asked questions about Business Central:

1. Which applications are available in Dynamics 365 Business Central?

Financial Management, Sales and Service Management, Supply Chain and Inventory Management, Project and Operations Management as well as Reporting and Analytics, Multi-currency, Multi-language, Multi-company, and Data Migration capabilities are features that are offered out-of-the-box with Dynamics 365 Business Central.

2. Is Dynamics 365 Business Central available in the cloud?

All Dynamics 365 applications are available in the  Azure Cloud. Dynamics 365 Business Central is only available through a Cloud Service Provider (CSP), such as Technology Management Concepts, and is not provided by Microsoft directly.

3. How does Dynamics 365 Business Central integrate with other Microsoft Solutions?

Microsoft offers first-party business solutions and fully-integrated analytics and productivity at cloud-scale. Existing SaaS business apps that directly link business processes are required to fulfill this capability. Consider the following scenario: Business processes are interwoven with Microsoft 365 (previously Office 365) productivity, such as invoices appearing straight in Outlook rather than creating accounts receivable. Additionally, Microsoft PowerApps can be used to integrate additional data sources and services easily.

4. Which industries might benefit from Dynamics 365 Business Central?

Currently, Dynamics 365 Business Central focuses on horizontal features that serve many industries. Specific company and industry extensions are provided by reselling partners. Working with a Dynamics 365 partner for more comprehensive industry and vertical capabilities is recommended if you have industry-specific needs beyond Dynamics 365 Business Central and the extensions.

5. How do I migrate my data into Dynamics 365 Business Central?

Depending on the finance system your company now utilizes, you can transfer information about customers, vendors, inventories, and bank accounts. You can begin an assisted setup guide to get the required assistance in moving your company’s data. You can upload files with extensions, such as the Intuit Interchange Format (IIF) file for transferring QuickBooks data, or import directly from Excel.

6. What’s the difference between Dynamics NAV and Dynamics 365 Business Central?

Dynamics 365 Business Central is a new version of Dynamics NAV that includes all of NAV’s features, including finance and Operations Management, Sales, and Service. Dynamics 365 Business Central can be delivered via the cloud, while Dynamics NAV may be installed on-premises or in the cloud.

7. Is there a difference between Business Central on-premises and Business Central online?

Yes, Business Central is optimized for online deployment, and some capabilities may run on-premises only under certain circumstances, while others are not supported.

8. Is it necessary to purchase Microsoft 365 along with Business Central?

No. However, if you want to try Business Central as part of Microsoft 365, you may sign up for a one-month free trial of Microsoft 365 here.

You can associate your domain with your Microsoft 365 subscription if you join using a non-Microsoft 365 work account and have a Microsoft 365 subscription.

If you don’t have a Microsoft 365 subscription and don’t want to buy one, Microsoft will create a new Azure Active Directory tenant for you when you sign up, so you can leverage Azure portal’s advanced management tools.

9. What are Business Central’s Service Level Agreements?

The Modern Lifecycle Policy governs Business Central online. The Service Level Agreement conditions are stated in the document that you can obtain from the Licensing terms. In the Business Central Administration Center, you can monitor your tenant’s health and set upgrade windows as an administrator.

Dynamics Business Central is an all-in-one solution that will help your organization achieve all business goals with ease, bring processes together, and operate your business more efficiently. Contact an ERP implementation partner today to combine your systems and processes, connect your Financials, Sales, and Service, and develop an integrated ecosystem of modern business apps.

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