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New Functionality In Microsoft Dynamics 365 Business Central 2024 Wave 2: Complete Bank Account Reconciliation Faster with Copilot #msdyn365bc

🔍 Looking to streamline your payment processes? Check out our latest blog on Payment Automation in Business Central. Learn how Microsoft Dynamics 365 can help you automate payments, reduce errors, and manage cash flow more efficiently. Get ahead with technology and boost your business performance today! 📈 Explore More https://buff.ly/49WU8hR #MSDyn365BC #Dynamics365

🔍 Looking to streamline your payment processes? Check out our latest blog on Payment Automation in Business Central. Learn how Microsoft Dynamics 365 can help you automate payments, reduce errors, and manage cash flow more efficiently. Get ahead with technology and boost your business performance today! 📈 Explore More https://buff.ly/49WU8hR #MSDyn365BC #Dynamics365

New Functionality In Microsoft Dynamics 365 Business Central 2024 Wave 1: Complete Bank Account Reconciliation Faster With Copilot #msdyn365bc

Microsoft Dynamics 365 is a powerful platform, but are you unlocking its full potential for your finance operations? 🔓 Many businesses hit a roadblock when it comes to connecting #Dynamics365 directly to their banks, requiring manual intervention for payments and statement retrievals. In our blog, we explore how organisations can bridge this gap with seamless bank connectivity and gain key benefits such as... ✅ Boosted #efficiency ✅ Enhanced #security and #compliance ✅ Strategic decision-making https://lnkd.in/d3iKi2Uh

Adopting EFT (electronic funds transfer) payments in Dynamics 365 Business Central is a strategic step toward modernizing and streamlining your financial processes. Here are the benefits of digital payments compared to traditional check-based transactions: ➡ Increased efficiency ➡ Enhanced security ➡ Convenience ➡ Easier recordkeeping ➡ Save time & money Ready to make the shift? For a detailed guide and video demonstration, check out this blog by Consultant Brady Soderstrom: https://lnkd.in/gsB_fQQy

Direct debit collection helps to accelerate payment processes and reduce delayed transactions. With the customer's consent, Single Euro Payments Area (SEPA) enables you to directly receive payments from the customer's bank account. This article will guide you through the step-by-step process of setting up direct debit collection in Dynamics 365 Business Central. From creating the necessary export formats to communicating with the bank and managing rejection scenarios, this article has got you covered.   Here's a sneak peek at the implementation steps:   💠 Identify "bank account" and fill in the required information such as SEPA Direct Debit Export Format and Direct Debit Message Numbers. 💠Create a payment method with direct debit feature 💠Pick the customer and enter details such as partner type, payment terms code, and payment method code. 💠 Add the customer's bank account information in the customer card. 💠 Configure the direct debit mandates, including the transaction ID, customer bank account, and validity period. 💠 Create a standard sales line for the customer, ensuring the currency code is set to "Euro." 💠 Generate recurring sales invoices and specify the order and posting dates. 💠 Create a direct debit collection entry, providing the validity period and the bank account number for payment transfer. 💠 Process the collection entry, export the direct debit file in XML format, and submit it to the bank. 💠 Once the bank verifies the transaction details, the payment will be processed.   Access the full blog from the link posted in the comments section. #dynamics365businesscentral #directdebit #copilot #dynamics365 #businesscentral #d365 #d365bc #msdyn365bc #mspartner #microsoftcopilot #msftdyn365 #erp #sales #invoice #businessprocesses #microsoft #microsoftpartner

Is your business leveraging Dynamics 365 Business Central to its full potential for smoother, more efficient payment processes? 💡📈 Dive into our latest article, 'Smoother Payments with Dynamics 365 Business Central,' to unlock insights on optimizing your financial operations. Whether you aim to streamline workflows, enhance data security, or improve customer satisfaction through faster transactions, our guide explains how Business Central can transform your payment systems. Don't miss out on elevating your business efficiency! Read more: https://buff.ly/3QMO6ZX #MSDyn365BC #Dynamics365 #PaymentProcessing #CreditCardProcessing

📈 Elevate Your Business Tools: Learn how banks are enhancing digital banking with "connected apps" for small businesses. Explore examples like Square, Instagram, QuickBooks, and ADP seamlessly integrated into banking services. 📱 #BankingData #CCGCatalyst #BankingResearch Banks’ Business Relationships Depend on Data That Flows Freely: Tyler Brown https://lnkd.in/gMszDm5b

Join us in Vienna at Directions for Partners EMEA where our fintech experts in international open banking and payment rails are set to reveal how these technologies are transforming Microsoft Dynamics 365 Business Central. New rules in the EU, UK, US, and beyond are reshaping the banking landscape, enabling clients to leverage live embedded banking and payments within ERP systems. While some remain stuck with outdated methods like unsecured file exports or SFTP, the BC community is embracing fintech's power to unify real-time data and break free from legacy limitations. You're already great with BC—now it's time to let fintech take your offering to the next level. With John Lewis and Phillip Dawson #DirectionsEMEA2024 #BusinessCentral #msdyn365 #OpenBanking