Outgrown Xero, MYOB and Quickbooks?
Australian businesses on boarding Dynamics 365 Business Central are looking for accounting software that can also handle customer relations and inventory. Xero and MYOB are widely used and do well to serve an SMEs accounts; however, they do not offer customer relationship management (Contacts, Opportunities, Task Management and Email tracking) at a cheap price. Instead, they offer these as additional add-ons that you must purchase separately for costs generally not economical for small businesses.
Dynamics 365 Business Central offers a great alternative for a reasonable price to traditional accounting systems. Although it may seem like a difficult leap at the start, Australian Businesses are slowly taking on Dynamics 365 Business Central. Some of the challenges they face while adopting Business Central is the ability to understand how the system behaves and how it can manage most business aspects.
Moving to Dynamics 365 Business Central in Australia?
Dynamics 365 Business Central is a mature system (Previously called NAV). It has a large set of functionalities and can grow with your business. This can be a good thing but sometimes a bad thing if you don’t know where to start and which functionalities to start implementing and using.
Dynamics 365 Business Central comes with a number of standard setup and AustralianLocal Functionalities for you to try out. If you are trying it out yourself without the help of a Microsoft Partner, here is a small tip on how to setup the Australian Local Functionalities in Dynamics 365 Business Central.
- Choose the
icon, enter General Ledger Setup, and then choose the related link. - Scroll down to the “Local Functionalities” tab and replicate the setup in the picture below (this is slightly different to the default settings that are shipped with out-of-the-box licenses which are designed for both Australia and New Zealand).
Keep an eye out for the April’ 19 Release of Dynamics 365 Business Central
The April’ 19 release of Dynamics 365 Business Central is promising a large number of feature upgrades that will make the use of Dynamics 365 Business Central easier and more rich. For example, you will be able to see all the features the product offers without having to search on the top navigation bar (a new Naigation Pane is coming); and also being able to see Vendor Invoice Number ( and “External Doc. Number”) on the Posted Invoice and Purchase Invoice views (which many customers need).
Have a question?
If you are an Australian Businesses wondering how to setup your General Ledger Accounts, Posting Setup, Australian Local Functionalities Setup or other areas in Dynamics 365 Business Central, reach out to our Dynamics 365 Business Central Experts today; your first 30 minutes consultation is usually free.
If you are in Australia, call our Business Central Team on (02) 8897 4665 or Contact us to get help setting up your Business Central.