An organized and controlled GL period close is essential to the completion of accurate financial statements. Accurate statements are critical in expense control analysis and support informed financial decisions. An accounting year is based on a number of accounting periods. Monthly accounting periods are the norm. Monthly accounting periods do not need to be based…
Many growing cannabis producers have solved the challenge of using manual spreadsheets and entry-level accounting programs by transitioning to SilverLeaf CBC from Velosio as their ERP system. SilverLeaf is powered by Microsoft Dynamics 365 Business Central and integrates all financial and production functions to optimize cannabis business operations. In Part 2 of our Mastering Cannabis…
The capability to leverage business intelligence and business analytics tools is critical for distributors. Intelligence helps you understand how well you’re operating and the reasons why. Analytics helps you predict what will happen and make the necessary adjustments ahead of time to achieve your business objectives. You can determine how things are going with vendors,…
On the surface, an ERP and a CRM system might look like they have a lot in common. Both are data repositories that provide a single source of truth for the entire business. Both are used to streamline operations and improve the customer experience. And – both play a central role in optimizing revenue. But…
With Dynamics 365 2022 Release Wave 2, Microsoft is making several enhancements to Business Central (BC) and NAV that will be available between October 2022 and March 2023. To give you a preview of the improvements and an idea of which new functions might help your business, Diana Harvey, a Pre-Sales Solutions Architect for Velosio,…
Plant nursery leverages Microsoft Dynamics 365 BC for better visibility into finance and production, and to better serve customers.
The target date to release the 2022 Year End Update for Dynamics SL 2018 is the week of December 18, 2022. There is no Year End Update available from Microsoft for SL 2015 or SL 2011. The reported changes are: The year has been added to dynamically print on the form since the IRS removed…
Dynamics GP has been a great on-premises ERP solution for a long time. But as a legacy software system that’s often powered by outdated hardware, companies tend to find it difficult to improve application performance, ensure business continuity, and reduce IT costs. Companies also keep running into three challenges that constrain business operations: Strained growth…
The details and updates in a company’s financial records can change as quickly as business does. In order for a company to remain compliant and keep its data safe, audit trails and tracking tools are of utmost importance. What is an Audit Trail? An audit trail is a step-by-step record that is used to trace…
Technology plays a key role in the business success of greenhouse growers by helping control costs so they can provide plants, flowers, shrubs, and trees to customers at a reasonable profit. Technology also delivers real-time access to information, which drives faster decision-making so your team can deliver a higher level of service to customers and…