Microsoft Dynamics 365 Business Central

Run Your Entire Business with a Single Solution

Dynamics 365 Business Central (formerly known as Microsoft Dynamics NAV or Navision) is a comprehensive business management solution that is designed to help businesses streamline their processes, make smarter decisions, and accelerate growth. This cloud-based software offers a range of features that can help businesses manage their finances, operations, sales, manufacturing, and project management. 

Microsoft Dynamics 365 Business Central harnesses the complete capabilities of Dynamics NAV and Navision, making them available in the cloud, in a hybrid environment, or on-premises. At its core, Business Central relies on a collection of reliable and time-tested technologies that have benefited millions of users globally. 

Business Central Standard Features

Manage Your Business Financials Efficiently with Dynamics 365 Business Central:
Gain a holistic view
Connect data across all business areas for comprehensive insights.
Deep financial understanding
Utilize General Ledger, Chart of Accounts, and VAT/Tax management.
Real-time performance tracking
Visualize financial health with built-in Power BI dashboards.
Faster closing and reporting
Automate tasks for accurate and timely financial statements.
Effortless compliance
Ensure adherence to Singaporean regulations.
Improved forecast accuracy
Model and analyze data for better financial predictions.
Optimize Inventory, Procurement, and Vendor Management with Dynamics 365 Business Central: Inventory Smarts & Run your Warehousing Efficiently:
Space Saver
Leverage AI to predict inventory needs, saving precious warehouse space in Singapore.
Goodbye Stockouts
Manage levels with auto-calculations, reducing lost sales and shortages. Get alternative suggestions when items are out of stock.
Boost Efficiency

Streamline ordering with built-in purchase orders and manage stock based on lead times and reorder points.

Vendor Management & Procurement

Streamline ordering with built-in purchase orders and manage stock based on lead times and reorder points.

  • Smart Sourcing: Find the best suppliers with powerful vendor management tools. Track performance, compare prices, and negotiate better deals.
  • Streamlined Procurement: Simplify purchase orders, automate approvals, and track deliveries efficiently.
  • Cost Control: Get recommendations on vendor payments to maximize discounts and avoid penalties. Prevent unnecessary purchases with approval workflows.
Profitability Powerhouse
  • Optimize Cash Flow: Make informed decisions on when to pay vendors based on discounts and payment terms.
  • Maximize Profitability: Business Central helps you make smarter inventory and procurement decisions that boost your bottom line.
Manage sales orders and quotes
Create and manage sales orders, quotes, and invoices. Track the status of sales orders and quotes, and send them to customers electronically.
Manage customer relationships
Track customer interactions, preferences, and sales history. Segment customers and target marketing campaigns.
Manage service contracts and warranties.
Create and manage service contracts and warranties. Track the status of service requests and send invoices to customers.
Automate sales and service processes
Automate tasks such as sending quotes, creating invoices, and generating reports.
Gain insights into your sales and service data
Use built-in reporting and analytics tools to gain insights into your sales and service performance.
Connect to other Microsoft products
Integrate Business Central with other Microsoft products, such as Microsoft Dynamics 365 Customer Service and Microsoft Office 365.
Create, Manage, and Track Projects:
Business Central allows you to create, manage, and track customer projects. You can use timesheets to record machine and employee hours on the project. Additionally, it provides advanced job costing and reporting capabilities.
Stay on Budget
The ERP system helps you develop, modify, and control budgets for your projects. This ensures project profitability and keeps you on track financially.
Plan with Precision
Business Central enables you to plan capacity and sales, ensuring efficient resource allocation. It also tracks invoicing for customers against planned costs on orders and quotes.
Analyze Project Performance
Real-time insights are crucial for effective decision-making. With Business Central, you can monitor project status, assess profitability, and track resource usage metrics.
Production Orders
Production orders serve as the basic unit around which the Manufacturing system revolves. They record cost components from consumed items and demonstrate the transformation into finished output. You can create production orders manually, individually on a sales order, or based on suggestions from the Material Requirements Planning (MRP) engine using the Planning Worksheet.
Planning Worksheet
This feature allows you to plan production based on forecasting, ensuring sufficient component inventory availability. The MRP engine calculates suggestions, which you can review and adjust. The demand for calculations can come from sales orders, service orders, multi-level BOMs, and more. Additionally, the planning worksheet calculates the master production schedule (MPS) for end items based on actual demand and demand forecasts. When combined, MRP and MPS generate action messages as suggestions for creating, changing, or canceling orders at each stage of the production process.
Inventory Management
The Manufacturing functionality in Dynamics 365 Business Central seamlessly integrates with the solution’s Warehouse Management module. This module handles processes such as picking, inventory management, and more. Business Central maintains a shared list for all inventory items, including raw ingredients, intermediates, products, packaging, and finished inventory. Users can define groupings to filter and view specific data as needed.
Bill of Materials (BOM):
Business Central allows you to create and manage bills of materials, which define the components required for production. You can calculate standard costs associated with these materials.
Graphical Scheduling
The system provides a graphical representation of your production schedule, allowing you to plan and display production activities efficiently.

Business Central BERGER TECH ADDONS

Berger tech HRM module is a comprehensive human resource and payroll management solution built inside Microsoft Dynamics 365 Business Central using its native AL development tool. It has been developed to meet the needs of any size organization with flexible payroll processing and comprehensive payroll reporting with localized Taxation Law in accordance with international standards and local Practices.
Centralized Data
Manage all employee information in one place, including personal details, roles, experience, qualifications, and training.
HR Efficiency
Simplify access to employee data for streamlined HR processes.
Automated Attendance & Leave
Automate attendance tracking, monitor records, and manage various leave types with dynamic rules and approvals.
Accurate Payroll:
Automate payroll calculations, deductions, taxes, and ensure timely salaries. Link payroll data to accounting for automatic journal entries.
Localized Income Tax Calculation
Ensure accurate tax calculations and deductions. Tailor the system to comply with Bangladesh tax laws.
Performance & Growth
Facilitate performance reviews, encourage goal setting and feedback, and track career progression with promotions and increments.
Financial Insights
Gain real-time payroll expense insights, generate financial reports, monitor payroll-related expenses, and track benefits, bonuses, and other financial components.
BTCL brings solution for Bangladesh regulations for BDS and TDS in Business Central.
Automated Calculations
Separate journal entries for each purchase/sale, automatic VDS & TDS based on 4 scenarios (details in Annexure).
Expense Requisition
Users choose transaction amount format (VAT/TAX included or not), system calculates and posts them separately.
Purchase
  • Cap Ex: System defines capital expenditure purchases
  • Op Ex: Inventory purchases treated as operational expenditure
  • Both: VDS & TDS calculated during requisition based on VAT Act 2012 and Income Tax Act 2023.
Sales
Sales VAT payable calculated automatically based on predefined rate (VAT Act 2023).

Microsoft Dynamics 365 Business Central does not include a Letter of Credit (LC) feature by default. However, Berger Tech has developed an LC module specifically to handle LC processes for export and import-oriented businesses. This module seamlessly integrates with the standard Purchase and Sales modules of Business Central, providing a comprehensive solution for managing LC transactions

LC Margin Calculation

The customized LC module allows businesses to calculate the margin associated with a letter of credit. This margin represents the difference between the LC amount and the actual cost of goods or services. It considers factors such as exchange rates, interest rates, and credit risk.

Insurance Costs Integration
  •  The module integrates insurance costs into the LC process. When importing or exporting goods, insurance coverage is essential to mitigate risks during transit.
  • Businesses can track insurance premiums related to specific LCs, ensuring accurate cost allocation and compliance with insurance requirements.
Bank Charges Management
  • Managing bank charges associated with LCs can be complex. The customized module streamlines this process.
  • It records bank fees (such as LC issuance fees, amendment charges, and negotiation fees) and allocates them to the relevant LC transactions.
 
C&F (Cost and Freight) Costs Tracking
  • C&F costs include freight charges, handling fees, and other expenses incurred until goods reach their destination.
  • The module captures C&F costs related to LC transactions. It ensures accurate cost allocation, helping businesses assess the overall financial impact of LCs.
Adjusted Inventory Cost of Goods Sold (COGS)
  • LCs affect inventory costs, especially when dealing with imported goods. The module adjusts the COGS based on LC-related expenses.
  • It considers LC margin, insurance costs, bank charges, and C&F costs when calculating the true cost of goods sold.

Why Berger Tech?

Berger Tech is a Microsoft Business Central implementation partner. Berger Tech empowers customers to implement Microsoft D365 Business Central or migrate to it more rapidly, more affordably, and risk-free.

With the help of experienced internal functional and technical consultants, we have developed a variety of implementation templates to meet common industrial and functional objectives.

By minimizing heavy customization and letting clients use their available functional and technical resources more independently, they decreased the average implementation time. We improved the user experience for their clients by combining Business Central, Power BI, and Power Apps.

Microsoft Dynamics 365 Business Central Implementation Cost

The average cost for a Dynamics 365 Business Central Implementation depends on several factors such as the project size, user adaption, technical changes, time consumption, and monthly subscription costs. Berger Tech ensures cost-effective and error-free implementation process.

Essentials

$ 70
Per-user/month
Full Access without Manufacturing and Service Module

Premium

$ 100
Per-user/month
Full Access with Manufacturing and Service Module

For Team Members

$ 8
Per-user/month
Minimum Access with Read Permission to all Module

Industries that can take full advantage of Business Central

Manufacturing

Enhance control and gain valuable insights to optimize processes and reduce costs.

Sales and Distribution

Achieve proven results within the distribution and supply chain industry.

Professional Services

Seamlessly manage and integrate all aspects of your business to facilitate scalable growth.

Construction, Project, and Rental

Simplify project cost tracking, monitor task status, and more using Business Central ERP.

Retail and Hospitality

With integrated POS enhancing customer experiences, providing real-time insights for better decision-making and enhance operational efficiency.

FAQ section

Business Central is indeed an ERP system designed specifically for small and medium-sized businesses. It integrates financial, supply chain, sales, and service management into one easy-to-use platform, all while being cloud-based123. Its standout feature is its flexibility. So yes, Business Central is a comprehensive enterprise resource planning (ERP) solution that streamlines business processes and improves efficiency.

Visit MS Official Site for more information: Business Central | Microsoft Dynamics 365

Business Central is a business management solution designed for small and mid-sized organizations. It offers a comprehensive suite of features to streamline various aspects of your business operations. Business Central automates and streamlines business processes, making it easier for companies to manage their operations across various domains, including finance, manufacturing, sales, and more.

Implementing Microsoft Dynamics 365 Business Central involves several key steps to ensure a successful deployment. Let’s break it down:

  • Define Objectives: Before starting the implementation, establish clear objectives and goals for your organization.
  • Customize: Business Central offers extensive customization options. Tailor the system to your organization’s unique needs
  • Train Users: Ensure proper training for users and administrators. Familiarize them with the system’s features and functionalities.
  • Load Data: Migrate existing data or set up a new production database. This step ensures that your historical information is available within Business Central
  • Activate: Set up the environment, including user roles, security rights, and access controls. Activate Business Central for your organization.
  • Ongoing Support: After deployment, transition to ongoing support. Regular maintenance, updates, and addressing user queries are essential for long-term success .

Collaborate with experts: Remember that each organization’s implementation may vary based on specific requirements and business processes. Collaborate with a Microsoft Partner or implementation team to guide you through these steps and tailor them to your needs.

 

The duration for implementing Microsoft Dynamics 365 Business Central can vary based on several factors. Here are some estimates:

Small Company: For a reasonably small company with fewer employees, focusing on finance modules, the implementation typically takes 1 to 2 months1.

Medium-Sized Company: If you’re a medium-sized company requiring additional modules like sales, core financials, purchasing, and inventory management, the process may take around 3 to 5 months2.

Complex Projects: More complex projects, which involve customization and specific business needs, could extend the timeline to 6 to 12 months.

 

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