Financial Management

Financial management focuses on ratios, equities and debts. It is useful for portfolio management, distribution of dividend, capital raising, hedging and looking after fluctuations in foreign currency and product cycles. Financial managers are the people who will do research and based on the research, decide what sort of capital to obtain in order to fund the company’s assets as well as maximizing the value of the firm for all the stockholders. It also refers to the efficient and effective management of money (funds) in such a manner as to accomplish the objectives of the organization. It is the specialized function directly associated with the top management. The significance of this function is not seen in the ‘Line’ but also in the capacity of the ‘Staff’ in overall of a company. It has been defined differently by different experts in the field. Financial management through Microsoft Dynamics 365 Business Central includes how to raise the capital and how to allocate capital, i.e. capital budgeting. Not only for long term budgeting, but also how to allocate the short-term resources like current liabilities. It also deals with the dividend policies of the shareholders.

Analytical Accounting:

Analytical Accounting is a tool that helps you to analyze, interpret, and create reports based on your company’s chart of accounts. Using Analytical Accounting, you can better assess your company’s accounts. You can also store information which cannot be computed in monetary terms such as labor hours. You can enter detailed analysis information without resorting to segmental accounting. You can create budgets using analysis dimensions and compare your actual figures with budgeted figures.

Bank Reconciliation:

Customizable summary and detailed views of bank account balances and all transactions: cash, check and credit card. Tools available to sort and mark transactions to improve reconciliation capabilities.

Cash Flow Management:

Calendar-based interface to view and manage cash inflows and outflows to improve day-to-day financial planning. Big picture and full drill-down options available.

Collections Management:

Customizable interface enabling the user to enter and view all collections in one central point. Allows to target and follow up on overdue customers with automatic delivery and tracking of collection letters, e-mails, statements and invoices.


An aid to reduce administration costs and manual input error as well as improve productivity and cash management in a security-enhanced environment. Routine accounting tasks are moved online, and bank transactions are electronically enabled and reconciled. Transactions are applied to accounts when they occur rather than days or weeks later, such as BACS payments or payment collections via Direct Debits or credit cards. Special feature verifies that sort codes and bank account numbers entered for suppliers and customers make sense.

eExpense Automated Expense Management:

enables employees to create and submit expense reports via the Web at any time and from any location; features electronic receipt imaging.

Encumbrance Management:

Encumbrance accounting module specifically designed for Not for Profit and Public Sector organizations to ensure that actual expenditures and related commitments do not exceed available funds.

Fixed Asset Management:

Create, define and manage an unlimited number of assets. Features standard fields and up to 15 user-defined fields with graphical user interface. Numerous depreciation methods available to automate depreciation routines. Integration into General Ledger to post depreciation journals and into Payables Management to pull in purchase information to fixed assets. Location IDs to aid inventory management: matching actual with recorded location. Information-sharing enabled with standard and custom reports.

General Ledger:

Automates key accounting tasks to improve accuracy (includes automatic correction of posting errors) and streamlines budget planning and financial decision-making with reports and enquiry tools (features Excel wizard interface). Features up to 66 alphanumeric character codes, up to 10 segments and user-defined fields with 50-character descriptions.

Grant Management:

Tracks grant, demonstrates accountability and compliance and also assists with future funding applications. As grant transactions are entered, the Analytical Accounting module will automatically validate them against the budget.

Multi-currency Management:

Designed for multinational operations to more easily manage financial statistics and accounting operations involving multiple currencies and dealing with changing exchange rates.

Payables Management:

Control expenditure, control payments (check and BACS runs) with flexible selection criteria and track supplier documents and information. Features include unlimited addresses/contacts per supplier, discounts, min/max payments, holds, returns, debit/credit notes, auto-allocation, performance and history reports.

Receivables Management:

Tracks customer-related documents and information, controls cash, generates simple invoices as well as creates, prints and e-mails statements. Produces sophisticated debtor related reports at any point in time and performance reports including turnover, gross profit and payment days. Other features are flexible credit limits, unlimited address/contacts per customer, min/max payments and ability to handle insufficient funds, interest charges, debit/credit notes, returns, write-offs and auto-allocation.

Field Service

Field Service Management:

Nine powerful elements within a single user interface to manage engineer service calls, preventive maintenance, contract administration. Data can be entered remotely. PDA and CRM integration. Web-based tools allow customers to resolve service issues themselves. Applies standard and customized reports. Many of the Field Service Management elements perform invoicing through the Sales Order Processing module.